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Markets react to Labour election win as focus turns to interest rates

The Labour party stomped to a landslide victory overnight on Thursday, with 412 seats in the UK parliament as of midday on Friday.Eleven members...

Nike stock plunges on surprise forecast of drop in sales

It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has plunged as a forecast...

Amazon to launch discount section with direct shipping from China: Report

The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein.Amazon.com plans to launch a section on...

Remoaners torn apart as Brexit UK triumphs after LSE soars above EU rival

Brexit deniers are being forced to eat humble pie, after new financial data shows London's stock exchange out performing its rival in Paris, the...

Is now the best time to buy travel money for summer holidays?

The pound has surged to a 22-month month high as the euro crashed after Emmanuel Macron called for new parliamentary elections in France. With...

Stock market today: Asian markets mixed following hotter-than-expected US jobs report

Asian markets are mixed in muted trading after a jobs report released Friday was hotter then expectedBy ZIMO ZHONG Associated PressJune 10, 2024, 1:11...

Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

Asian stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the...

India shares plunge on concerns of a narrower win for India’s Modi

Indian stocks have suffered their worst intraday fall since March 2020 and foreign investors sold the most on record, as vote-counting trends in the...

India’s stock market dips as expectations of Modi landslide recede

Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs.Indian financial markets sold off sharply as early vote...

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