All Entries Tagged With: "country"
Greece president proposes technocrat govt: reports
SYDNEY (MarketWatch) — Greece’s president Karolos Papoulias late Monday proposed a technocrat government for the country, according to reports. Elections just over a week ago left the country without a government, placing the aid arrangements it has made with international creditors in doubt and once again bringing into focus the possibility of a Greek exit from the currency bloc. Still, The Wall Street Journal reported that the proposal drew weak support from Greece’s fragmented and squabbling political parties
Germany’s Merkel suffers loss in state election
MADRID (MarketWatch) — German Chancellor Angela Merkel suffered a big defeat in an election in the state of North Rhine-Westphalia on Sunday, according to media reports. The center-left Social Democrats won 38.9% of the vote, allowing the party to form a majority with the Greens, in elections in the country’s most populus state, according to exit polls
Dow industrials flattened by J.P. Morgan’s 9% decline
NEW YORK (MarketWatch) — U.S. stocks mostly fell Friday to a second weekly decline as a rise in consumer sentiment failed to outweigh J.P. Morgan Chase & Co.’s $2 billion trading loss Down 1.7% for the week, the Dow Jones Industrial Average (US:DJIA) fell 34.44 points, or 0.3%, at 12,820.60, with J.P
Bond Report: Treasurys pare gains after sentiment data
By Deborah Levine , MarketWatch NEW YORK (MarketWatch) — Treasury prices edged up on Friday, pushing yields back towards their lowest levels in three months, paring gains after a report showed U.S. consumer sentiment unexpectedly improved this month. Bonds were up before the data as huge trading losses for J.P.
U.S. stocks wave off opening-hour losses; Dow industrials up 25 points
By Kate Gibson , MarketWatch NEW YORK (MarketWatch) — U.S. stocks turned higher Friday as consumer confidence in May rose to a four-year high, dissipating damage to investor sentiment that came from J.P
Asia Markets: Hong Kong stocks extend fall in broadly weak Asia
By Virginia Harrison and V. Phani Kumar , MarketWatch TOKYO (MarketWatch) — Hong Kong stocks dropped for a sixth straight session to lead some major Asian markets lower Thursday as China’s export and import figures disappointed and European debt worries remained in focus.
Europe Markets: Resources support early gains for Europe stocks
By Barbara Kollmeyer , MarketWatch MADRID (MarketWatch) — European stock markets opened mostly higher on Thursday, led by resources and helped by a somewhat calmer situation evolving over Greece’s political stalemate and news that the country will get most of the next tranche of bailout money.
Asia Markets: Most Asia markets rebound, but China falls
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69% added 0.7%, while South Korea’s Kospi KR:SEU +0.54% gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30% put on 0.3%.
Bond Report: Treasurys pare gain on European elections
By Deborah Levine , MarketWatch NEW YORK (MarketWatch) — Treasury prices pared gains on Monday, reversing after having pushed yields to their lowest level in three months, as U.S.
Asia Markets: Asia stocks tumble after U.S. jobs, Europe polls
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — Asian shares tumbled Monday after poor jobs data raised fresh concerns about the health of the U.S.