Tech Selloff Hits Europe and Asia
Wall Street Journal–13 minutes ago
Europe’s technology sector fell 1% Tuesday, bringing this year’s decline to 3.2%, while Japan’s Nikkei Stock Average ended down 0.5%—after earlier being down as much as 1.6%—with tech exporters including electronics company TDK and Fanuc, a maker of industrial robots, leading the declines.
Europe’s Biggest Bond Manager Waits for Windows in Downturn
Bloomberg–20 minutes ago
Bouts of heightened global volatility contributed toward widening spreads and the worst opening quarter for European high-grade corporate issuance since 2011, according to data compiled by Bloomberg. And given the greater uncertainty over conditions, it’s now a “window market” requiring more frequent …
Europe Will Now Decide if the Iran Deal Survives
Wall Street Journal–Apr 1, 2018
If you heard a series of loud booms on March 22, they probably came from the exploding heads of many in the American and European political elite, following the appointment of John Bolton as White House national security adviser. With the ascension of this “hawk,” President Obama’s nuclear accord with …
Europe Joins Sell-Off but Wall Street Eyes Rebound
U.S. News & World Report–7 hours ago
Europe’s main markets in London, Paris and Frankfurt were all down more than 0.5 percent, after being closed on Monday when the pace of selling had … Donald Trump and as reports that Apple intended to make more of its own parts burnt Europeanchipmakers like ams AG and STMicroelectronics.
Europe Struggles to Respond to Covert Russian Threats
Wall Street Journal–Mar 27, 2018
BRUSSELS—The expulsion of 42 Russian diplomats from 18 European Union capitals this week sent a potent signal of Europe’s anger over the poisoning in the U.K. of a former Russian spy. But effective action to blunt Moscow’s espionage, political interference and other covert actions remain modest.
Trump and Western Allies Expel Scores of Russians in Sweeping …
In-Depth–New York Times–Mar 26, 2018
In-Depth–New York Times–Mar 26, 2018
European Factory Growth Knocked by ‘Beast From the East’
U.S. News & World Report–48 minutes ago
LONDON (Reuters) – Europe’s manufacturing boom stumbled in March as optimism waned and demand ebbed owing to a powerful winter storm, surveys … In Britain, deep in negotiations to leave the European Union, manufacturing growth cooled to a year low in the first quarter of 2018, but a survey there …
Europe’s $38 Billion Carbon Market Is Finally Doing Its Job
Bloomberg–Mar 26, 2018
Europe’s permits surged to more than 29 euros a ton in 2006 and 2008, only to plunge more than 90 percent after the financial crisis hobbled industry and helped create a surplus of the pollution rights. That glut took policymakers years to mop up, culminating in an agreement that got final approval only last …
The Most Stable Economies in Europe
Bloomberg–Mar 29, 2018
The Czech Republic is the European Union’s most stable economy, beating out even Germany in an Allianz SE ranking. The country topped the list with the bloc’s lowest unemployment, a balanced budget and a manageable debt load. Some of the wealthiest nations didn’t fare so well, with weak …
Stocks Under Pressure After Tech Slump; Euro Gains: Markets Wrap
Bloomberg–6 hours ago
The Stoxx Europe 600 Index headed for its first decline in four days in the wake of U.S. losses, though futures for the S&P 500 indicated selling pressures are easing. Equity benchmarks in Asia pared some of their earlier declines, but most ended in the red. European bonds followed Treasuries lower.
Greek Political Rebel Wants to Take On Europe Again
Wall Street Journal–Mar 27, 2018
ATHENS— Yanis Varoufakis is back to rescue Greece and rock the Europeanestablishment again. Or so he hopes. On Monday night the flamboyant former finance minister, who enraged European authorities at the height of Greece’s debt crisis in 2015, launched his new Greek political party at a theater …
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