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European Shares Retreat As Gas Prices Surge

European Shares Retreat As Gas Prices Surge

European stocks tumbled on Monday after Russia extended a halt on gas flows through a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.
RTTNews | vor 1000 Tagen
DAX Slumps Amid Energy Woes; Utilities Drag

DAX Slumps Amid Energy Woes; Utilities Drag

German stocks plummeted on Monday as Russia extended a halt on gas flows on a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.
RTTNews | vor 1000 Tagen
Asian Shares Mixed On China COVID Woes

Asian Shares Mixed On China COVID Woes

Asian stocks ended mixed on Monday as U.S. rate hike worries persisted, and China tightened COVID-19 curbs in some big cities.
RTTNews | vor 1000 Tagen
China Service Sector Continues To Expand In August

China Service Sector Continues To Expand In August

China's services companies continued to recover in August from the recent wave of the pandemic underpinned by strong sales, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index came in at 55.0, down from 55.5 in July. A score above 50.0 indicates expansion. Moreover, the rate of expansion was the second-quickest recorded since May 2021.
RTTNews | vor 1000 Tagen
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European Economics Preview: Eurozone Retail Sales, Final PMI Data Due

European Economics Preview: Eurozone Retail Sales, Final PMI Data Due

Retail sales and final composite Purchasing Managers' survey results from Eurozone are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the second quarter. Economists forecast the economy to grow 0.4 percent sequentially, slightly slower than the 0.5 percent increase in the first quarter.
RTTNews | vor 1000 Tagen
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain concerned aver the outlook for the global economy amid the energy crisis in Europe and the report of fresh COVID-19 related lockdowns in China following new virus outbreaks, with the sixth-largest city Chengdu entering full lockdown.
RTTNews | vor 1000 Tagen
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market picked up less than a single point on Friday, but that was enough to end the two-day slide in which it had fallen more than 15 points or 1.1 percent. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's looking at a steady start on Monday.
RTTNews | vor 1000 Tagen

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