Sea of red in Treasury market may signal bond boom is over
The 10-year U.S. Treasury note that debuted in August 2016 when the bond market was near its peak has had a rough ride, its price falling ever since and no reprieve in...
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Starbucks’ Schultz urges investor support despite China concerns
Posted by Reuters | Jul 9, 2018 | World News |
Starbucks Corp’s outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the...
Read MoreSmartphone maker Xiaomi’s weak Hong Kong debut casts shadow on tech listings
Posted by Reuters | Jul 8, 2018 | World News |
Chinese smartphone maker Xiaomi Corp’s shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector where peers have lined up listings in the...
Read MoreAsia shares rally on U.S. jobs relief, sterling slugged by politics
Posted by Reuters | Jul 8, 2018 | World News |
Asian share markets rallied on Monday as favorable U.S. jobs data whetted risk appetites, while sterling slipped after two members of the British government resigned over Brexit and put the future of Prime Minister Theresa May...
Read MoreNo ‘reluctant conscript’, Brexit minister quits in blow to May
Posted by Reuters | Jul 8, 2018 | domesticNews, Reuters: UK |
Brexit Secretary David Davis has resigned because he was not willing to be “a reluctant conscript” to Prime Minister Theresa May’s plans to leave the European Union, delivering a blow to a British leader...
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