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Toronto, U.S. markets end lower as Turkey concern... Financial News
Canada's main stock index closed in the red Monday along with U.S. markets as concerns about economic instability in Turkey continued to weigh globally. "The clear headliner today that's sapping a bit of the optimism in the markets is worries about what's happening in Turkey and the plunge in their currency," said Craig Fehr, a Canadian markets strategist with Edward Jones in St. Louis.
Turkey lira crisis highlights emerging currencies... Financial News
PARIS: Much of the Turkish lira's plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say. South Africa, Argentina, Mexico, Brazil and Russia have all seen their currencies slip over the past week because, like Turkey, they remain heavily dependent on foreign capital, especially the dollar.
US stocks rise as technology and health care firm... Financial News
Stocks are rebounding on Wall Street in early trading Monday, led by gains in technology and health care companies and retailers. Ratings company Nielsen Holdings is surging after an activist investor started pushing the company to sell itself.
Chemring shares fall 15% as it warns fatal explos... Financial News
Battle to save House of Fraser's 10,000 member pension fund from falling into lifeboat - or workers will see payouts cut FTSE LIVE: London stocks start the week in the red; Royal Mail unveils postboxes for parcels; Shipping firm Clarkson posts falling profits How to let your home rather than sell: What accidental landlords must know about tax, mortgages, insurance - and earning income Aviva said I failed security checks when I tried to open an Isa... but it still took my money and is refusing to hand it back: TONY HETHERINGTON investigates New smart meter code could hand energy firms power to monitor usage, raid credit balances, hike prices and switch customers' tariffs Only one in four passengers trust the nation's train companies after another year of chaos across the network... and fares set to rise 3.5% in 2018 It's a fix: Mike Ashley accused on House of Fraser deal as critics say ... (more)
Global Markets-Asian shares, euro trampled as Tur... Financial News
Turkey's lira recouped some of its losses as the country's central bank took steps to stem the currency's freefall while Asian shares were a sea of red as investors fled to safer assets such as the dollar, Swiss franc and yen. The run from risk dragged MSCI's broadest index of Asia-Pacific shares outside Japan down 1.6 percent to a near one-year low.
Asian stocks sink as Turkey fears hurt emerging m... Financial News
KEEPING SCORE: The Shanghai Composite Index lost 1.7 percent to 2,746.90 and Tokyo's Nikkei 225 retreated 1.9 percent to 21,885.45. Hong Kong's Hang Seng shed 1.8 percent to 27,850.55 and Seoul's Kospi retreated 1.6 percent to 2,249.65.
Asian stocks sink as Turkey fears hurt emerging m... Financial News
A woman walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 13, 2018. Asian stock prices sank Monday as Turkey's financial turmoil fueled fears contagion might spread to other emerging markets.
Asian stocks sink as Turkey fears hurt emerging m... Financial News
Asian stock prices sank Monday as Turkey's financial turmoil fueled fears contagion might spread to other emerging markets. KEEPING SCORE: The Shanghai Composite Index lost 1.7 percent to 2,746.90 and Tokyo's Nikkei 225 retreated 1.9 percent to 21,885.45.
Asia Stocks Set to Slip on Turkey; Yen Pares Gain... Financial News
Risk-off moves eased early Monday, with the yen paring gains and the euro trimming its decline, as turmoil in Turkey that's sparked wider concern of potential market contagion sparked action from banking regulators. Asian equity traders were poised for losses.
With this simple strategy, 'You can't avoid becom... Financial News
Michael Taylor used to sell bonds for Goldman Sachs. Now he's focused his efforts on making young people understand the importance of investing early.
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