Global Markets News

Wall Street flat as energy shares weigh

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NEW YORK - U.S. stocks were little changed on Thursday, with the Dow and S&P retreating from their latest record highs, as a drop in energy shares offset gains in Wal-Mart.

U.S. stocks hold steady, oil sinks below $80

NEW YORK - U.S. stock prices held firm on Thursday after the Dow and Standard & Poor's 500 reached record intraday highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy.

1:34pm EST

Dollar nears seven-year peak vs yen on Japan election speculation

NEW YORK - The dollar on Thursday traded near a seven-year high against the yen on stepped-up speculation that Japanese Prime Minister Shinzo Abe will call a snap election in December.

10:23am EST

Switzerland opens criminal investigation into several individuals in forex case

ZURICH - Switzerland's public prosecutor has opened criminal investigations into several individuals over alleged manipulation in the foreign exchange market, becoming the third country to do so after the United States and Britain.

Hong Kong fund managers eye Shanghai stock linkup as China investment quotas run out

HONG KONG - Asset managers in Hong Kong, frustrated by the exhaustion of a major investment quota to enter China's domestic market, now see a lifeline in the much-anticipated Shanghai-Hong Kong stock connect scheme due to be launched next week.

3:19am EST

European shares bounce; weaker oil hits energy sector

PARIS - European stocks rose on Thursday, reversing a small portion of the previous day's slide, with some reassuring corporate results offsetting weak economic data from China.

7:30am EST
World Markets

UPDATE 1-UPS sees 2015 EPS in range from $5.45 to $5.70 -CFO

(Adds details for EPS growth through to 2019, share buy backs, share price)

Europe shares fall as energy stocks sag along with oil

PARIS, Nov 13 - European stocks pared early gains and turned negative on Thursday, as energy shares sank along with Brent crude prices.

Europe shares inch up; oil slump hits energy sector

* FTSEurofirst 300 up 0.2 pct following Wednesday's sell-off

Nikkei races to new 7-yr high on report Abe moving to call election

TOKYO, Nov 13 - Japanese stocks rose to fresh seven-year highs on Thursday as investors lapped up a media report that said Prime Minister Shinzo Abe appears to have decided to call an early election amid mounting expectations he would postpone a planned sales tax hike. The report from Jiji news agency was the latest in a spate of shifting speculation that has kept markets rapt this week. The Nikkei benchmark ended 1.1 percent higher to 17,392.79, the highest closing level since

Hong Kong shares close up on casinos, financials

SHANGHAI, Nov 13 - Hong Kong shares rose on Thursday, lifted by consumer and casino shares and buttressed by financials.

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