Thursday, October 23, 2014   

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:
Heineken Q3 sales dip, but toasts 2014 outlook (10-22 18:38)
Boeing and Chinese firm to turn 'gutter oil' into jet fuel (10-22 18:37)
EU's Juncker promises careful look at US trade deal (10-22 18:25)
Apple chief meets Chinese official amid iCloud hacking row (10-22 17:25)
Shaky Japanese economy hit by growing trade deficit (10-22 17:19)
Bank of England keeps rates steady (10-22 17:02)
Hang Seng finishes higher (10-22 16:23)
Soft Australian inflation supports low interest rates (10-22 13:17)
Hang Seng up by lunch (10-22 13:01)
Nikkei bounces back by break (10-22 11:13)

More breaking news >>

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