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Tag: Sumitomo Mitsui

Battered stock markets head for worst week since 2011

A 4 per cent drop in Chinese shares dealt reeling world stock markets a fresh blow on Friday, as nerves about rising borrowing costs and soaring volatility put them on course for their worst week since the height of euro zone crisis. European bourses saw relatively minor early losses but China’s overnight plunge had gouged […]

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Stocks head for worst week since 2011

A 4 per cent drop in Chinese shares dealt reeling world stock markets a fresh blow on Friday, as nerves about rising borrowing costs and soaring volatility put them on course for their worst week since the height of euro zone crisis. European bourses saw relatively minor early losses but China’s overnight plunge had gouged […]

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Savaged stocks head for worst week since 2011

A 4 per cent drop in Chinese shares dealt reeling world stock markets a fresh blow on Friday, as nerves about rising borrowing costs and soaring volatility put them on course for their worst week since the height of euro zone crisis. European bourses saw relatively minor early losses but China’s overnight plunge had gouged […]

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European share declines limited after another Wall Street sell-off

European shares posted limited losses at the open on Friday after a fresh sell-off on Wall Street, which has now entered a correction with the benchmark S&P 500 and Dow industrials falling more than 10 per cent from their January 26tg record highs. Europe’s STOXX 600 share index fell 0.4 per cent in early trading […]

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Asia hit by Wall St’s tumble, China stock indexes lose 6%

Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher US interest rates shredded global investor confidence. There was limited immediate market reaction to the US government staggering into another shutdown after Congress missed a Thursday midnight deadline to renew funding. S&P mini futures […]

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