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CAC 40 Declines As Trump Threatens Europe With Tariffs
(RTTNews) - French stocks traded sharply lower on Friday as the U.S. faced a government shutdown after President-elect Donald Trump abruptly rejected a bipartisan plan.
Tariff worries also spooked markets after U.S. President-elect Donald Trump warned the European Union to buy more U.S. oil and gas or face tariffs.
The benchmark CAC 40 dropped 98 points, or 1.4 percent, to 7,196 after declining 1.2 percent on Thursday.
In corporate news, Credit Agricole declined 1.6 percent after the bank announced the acquisition of Santander's 30.5 percent stake in CACEIS, its asset servicing subsidiary.
Drug major Sanofi fell 1.1 percent after it agreed to acquire CORXEL's rights relating to aficamten in Greater China for an undisclosed amount.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
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40 minutos atrás
Japan Retail Sales Add 0.3% In July
The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
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1 h 6 min atrás
Singapore Stock Market May Add To Its Winnings On Friday
The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
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1 h 10 min atrás
Japan Industrial Output Sinks 1.6% In July
Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
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1 h 11 min atrás
Japan Jobless Rate Falls To 2.3% In July
The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.
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1 h 28 min atrás
Tokyo Overall Inflation Climbs 2.6% On Year In August
Overall consumer prices in the Tokyo region of Japan - considered a leading indicator for the national trend - were up 2.6 percent on year in August, the Ministry of Communications and Internal Affairs said on Friday.
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1 h 32 min atrás
Malaysia Shares Tipped To Remain Rangebound On Friday
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it may tick higher again on Friday.
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1 h 40 min atrás
South Korea July Industrial Production Rises 0.3%
Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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1 h 45 min atrás
