TOKYO—Global shares rose Thursday as investors tried to gauge U.S. inflation, tensions between Russia and Ukraine, and the impact of the pandemic. France’s CAC 40 added 0.5 percent in early trading to 7,168.36, while Germany’s DAX rose 0.7 percent to 15,595.10. Britain’s FTSE 100 edged up 0.1 percent to 7,651.65. U.S. futures were mixed with…
WHO: Global COVID-19 Case Counts Decline 17 Percent in Latest Week
GENEVA—The World Health Organization says coronavirus case counts fell 17 percent worldwide over the last week compared to the previous week, including a 50 percent drop in the United States, while deaths globally declined 7 percent. The weekly epidemiological report from the U.N. health agency, released late Tuesday, shows that the omicron variant is increasingly…
Stocks on Solid Ground, Battered Bonds Take a Breather
LONDON—World stocks rallied on Wednesday, putting aside worries about rising interest rates, for now, to take some comfort from positive headlines on Ukraine and upbeat earnings, while a semblance of calm returned to battered sovereign bond markets. The pan-European STOXX 600 climbed 1.4 percent, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5 percent…
Oil Slips From Seven-Year High Ahead of More US–Iran Talks
LONDON—Oil slipped towards $90 a barrel on Tuesday ahead of the resumption of indirect talks between the United States and Iran, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer. A deal could return more than 1 million barrels per day (bpd) of Iranian oil, equating to more…
Global Stocks Higher Amid Interest Rate Uncertainty
BEIJING—Global stock markets were mostly higher Tuesday as investors watched for signs of whether central banks will try to cool inflation by speeding up the withdrawal of economic stimulus that is boosting share prices. London and Frankfurt opened higher. Shanghai and Tokyo advanced. Hong Kong declined. Wall Street futures were higher after the benchmark S&P…
Global Shares Mixed as Markets Watch Omicron, Central Banks
TOKYO—Shares were higher Monday in Europe after a mixed trading session in Asia, where the Shanghai benchmark jumped after reopening from the Lunar New Year holidays. France’s CAC 40 added 0.3 percent in early trading to 6,968.99, while Germany’s DAX edged up 0.4 percent to 15,153.17. Britain’s FTSE 100 gained 0.4 percent to 7,546.10. The…
Oil Hits Seven-Year Highs as US Storm Heightens Supply Concerns
LONDON—Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fuelled concerns over supply disruptions. Brent crude rose $1.32, or 1.5 percent, to $92.43 a barrel by 1120 GMT, having earlier touched its highest since October 2014 at $92.66. U.S. West Texas Intermediate crude rose $1.45, or…
World Markets Shrug Off Tech-Led Selloff on Wall Street
BANGKOK—Shares in Europe and Asia were mostly higher Friday after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Shares rose in Paris, London, and Tokyo. Hong Kong jumped 3.3 percent after reopening from Lunar New Year holidays. Trading in Shanghai will resume on Monday….
Oil Prices Take a Breather, OPEC+ Sticks to Output Plans
LONDON—Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude fell 61 cents, or 0.7 percent, to $88.86 a barrel by 0915 GMT, after rising 31 cents on Wednesday. U.S. West Texas Intermediate crude was…
Global Shares Slip Ahead of Central Bank Meetings
BANGKOK—Shares slipped in Europe on Thursday after a mixed session in Asia, with markets in China still closed for Lunar New Year holidays. U.S. futures also were lower as investors watched for updates on monetary policy from the Bank of England and European Central Bank, mindful of the Federal Reserve’s plans to begin raising interest…
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