commentary

NEW YORK | Sinclair distances itself from commentary after protest

NEW YORK — The Sinclair Broadcast Group is distancing itself from commentary by its chief political analyst Boris Epshteyn, who this week supported the Trump administration’s efforts to stop migrants at the U.S. border with Mexico. The commentary has triggered protests, and the National Association of Hispanic Journalists said it is reconsidering allowing Sinclair representatives … Continue reading NEW YORK | Sinclair distances itself from commentary after protest

TOKYO | Asian shares waver as US midterm vote yields mixed outcome

TOKYO  — Asian shares erased earlier gains to close mostly lower Wednesday, with the Democrats looking set to regain a majority in the U.S. House of Representatives, complicating President Donald Trump’s policymaking agenda. The outcome of the midterm election was largely expected but it raised uncertainty about the way ahead, especially for Trump’s pursuit of … Continue reading TOKYO | Asian shares waver as US midterm vote yields mixed outcome

TOKYO | Asian shares mostly lower despite US markets rally

TOKYO— Asian shares have turned lower after early gains, despite the overnight jump on Wall Street. Worries over corporate earnings, trade and the outlook for growth weighed on sentiment. KEEPING SCORE: Japan’s benchmark Nikkei 225 lost 1.1 percent to 21,026.97 on Friday, while South Korea‘s Kospi plunged 2.6 percent to 2,010.46. Australia’s S&P/ASX 200 gave … Continue reading TOKYO | Asian shares mostly lower despite US markets rally

Stocks shudder on Wall Street following steep drops overseas

U.S. stocks slumped broadly on Wall Street Tuesday, sending the Dow Jones Industrial Average down 200 points and extending the market’s recent string of losses. The latest selling came as investors grew unsettled by slowing economic growth in China and the growing costs of President Donald Trump’s aggressive trade policies. China’s economy grew 6.5 percent … Continue reading Stocks shudder on Wall Street following steep drops overseas

SINGAPORE | Asian shares climb on strong US corporate earnings, data

SINGAPORE  — Asian markets rose on Wednesday as robust U.S. corporate earnings and encouraging data assuaged worries about softening global growth. KEEPING SCORE: Japan’s benchmark Nikkei 225 jumped 1.3 percent to 22,842.12. The Kospi in South Korea advanced 1.1 percent to 2,169.20. The Shanghai Composite rose 0.1 percent to 2,548.88. Australia’s S&P/ASX 200 gained 1.2 … Continue reading SINGAPORE | Asian shares climb on strong US corporate earnings, data

SINGAPORE | Global stocks rise ahead of US currency report

SINGAPORE  — World markets were mostly higher Tuesday ahead of a U.S. Treasury report that will likely steer clear of labeling China as a currency manipulator, a status that could trigger penalties and cause trade tensions to escalate. KEEPING SCORE: France’s CAC 40 added 0.3 percent to 5,107.94, while Britain‘s FTSE 100 fell 0.2 percent … Continue reading SINGAPORE | Global stocks rise ahead of US currency report

SINGAPORE | World shares claw back losses on possible Trump-Xi meet

SINGAPORE— Global indexes gained Friday after their recent sharp declines on hopes that U.S. President Donald Trump and his Chinese counterpart Xi Jinping will meet at the Group of 20 summit in Argentina next month. The Wall Street Journal said the White House had informed officials in Beijing that it would go ahead with a … Continue reading SINGAPORE | World shares claw back losses on possible Trump-Xi meet

SINGAPORE | Stock market drop spreads, Wall Street set to fall again

SINGAPORE — World stock markets sank Thursday, extending losses from Wall Street, as investors worried that higher interest rates will dent company earnings and a trade war will crimp global business. European shares sank after Asia closed sharply lower, auguring another drop in the U.S., which saw its major indexes tumble on Wednesday. Investors will … Continue reading SINGAPORE | Stock market drop spreads, Wall Street set to fall again