Wednesday, October 7, 2015   

Europe benchmarks fall
(03-05 19:42)

Europe's main stock markets fell on concerns over growth in China and after a rollercoaster start to the week caused by the crisis in Ukraine.
London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,793.49 points in late morning trade. The mining sector was knocked by unease over China, traders said.
Frankfurt's DAX 30 slipped 0.35 percent to 9,555.62 points and in Paris the CAC 40 lost also 0.35 percent to 4,380.50 compared with Tuesday's closing values.
“UK markets have taken a turn for the worse this morning after more news from China and a number of disappointing updates weighed on the benchmark,'' said CMC Markets trader Toby Morris.
“China re-affirming a 7.5-percent growth target should be good news on recent form, but analysts have cast doubt over whether that is achievable... The lack of clarity has weighed on basic resources which is one of the worst performing sectors.''—AFP

Other Business breaking news:
Norway dips into wealth fund to plug budget hole (1 hr 18 mins ago)
Sun Hung Kai CFO Partick Chan resigns (1 hr 50 mins ago)
Hang Seng bounces by 3pc, energy stocks rally (10-07 16:50)
Nikkei closes higher (10-07 14:47)
(Tech) Microsoft Surface Book: power to the creative people (10-07 14:36)
(Tech) Microsoft Lumia, the flagship Windows smartphone (10-07 14:21)
China forex pile shrinks further to US$3.5 trillion (10-07 13:10)
US internet stocks feel shock from EU data privacy ruling (10-07 12:49)
Amid weak smartphone sales, Samsung predicts quarterly operating profit (10-07 12:40)
Bank of Japan holds fire on further stimulus (10-07 12:34)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.