Global Markets News

Wall Street rebounds with financials; biotechs drop

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- U.S. stocks ended higher on Monday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited the advance.

U.S. existing home sales fall more than expected

WASHINGTON - U.S. home resales fell more than expected in August, a cautionary sign for the U.S. housing market which has recently looked on stronger footing.

10:29am EDT

After delay, Yellen faces questions over Fed message on rate hike

NEW YORK/ATLANTA - As the U.S. Federal Reserve's chief communicator, Chair Janet Yellen is under building pressure among her colleagues and global investors to clarify where the world's biggest central bank is heading and how it is making its decisions.

4:52pm EDT

U.S. crude up 4 percent on lower stockpile bets; Brent spread narrows

NEW YORK - Oil prices rallied on Monday, with U.S crude surging more than 4 percent on signs of declining stockpiles, less drilling that could reduce future output and a jump in gasoline futures that boosted the overall petroleum complex.

3:14pm EDT

Ex-Morgan Stanley adviser pleads guilty in connection with data breach

NEW YORK - A former Morgan Stanley financial adviser who was fired in connection with a major breach of client information pleaded guilty on Monday to taking confidential data for hundreds of thousands of customer accounts from a bank computer without permission.

Equities, dollar and oil gain as gold slips

NEW YORK - Wall Street and European stocks rebounded more than 1 percent on Monday in rallies that, along with robust gains in the dollar and global oil markets, showed investors were tilting toward riskier assets.

4:59pm EDT
World Markets

Ride-sharing apps vie to replace private car ownership in Vietnam

HO CHI MINH CITY, Sept 22 - A young, tech-savvy population short on cars but big on smartphones is driving double-digit growth for ride-hailing apps Uber and GrabTaxi in Vietnam, and inspiring some executives to dream of replacing private car ownership altogether.

UK Stocks-Factors to watch on Sept. 21

LONDON, Sept 21 - Britain's FTSE 100 index is seen opening down about 22 points, or 0.4 percent lower, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

Stocks, 2:29am EDT

Nikkei falls as Fed decision sparks growth worries

TOKYO, Sept 18 - Japanese stocks snapped a three-day winning streak on Friday after the Federal Reserve kept interest rates at a record low, raising worries about the health of both the U.S. and global economies.

Stocks, Asian Markets, 18 Sep 2015

Hong Kong shares fall, pulled down by global market weakness

Sept 21 - Hong Kong stocks sagged on Monday, weighed down by broad weakness in markets amid lingering worries about global economic growth.

Financials, Industrials 4:08am EDT

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