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HONG KONG (Dow Jones) -- Despite the cooling efforts of monetary policymakers, China's growth locomotive remains on track, offering potential stock wins for sectors linked to property, banking, basic goods and domestic consumption. As recently as August, economists said China appeared to be heading for a sharp deceleration in the range of 8% gross domestic product growth next year as the effect ...

Banking stocks helped pull the market lower in London amid ongoing concern over bad-debt levels, with a continued rapid decline in the dollar adding pressure and retailer Kingfisher one of the biggest fallers after a broker downgrade. The pound jumped around 0.8% against the greenback to trade at $1.931, pressuring companies that export to the U.S. and helping drag the main index lower. The  ...

LONDON (Dow Jones) -- With its latest bid for the London Stock Exchange dismissed out of hand, Nasdaq Stock Market is hoping hedge funds and other investors will be able to succeed where it has failed, and drag the LSE's management to the bargaining table. U.S. corporate raider Samuel Heyman revealed this week that he has built an 8.8% stake in the LSEto become its second-biggest shareholder. A ...

(Adding market commentary, expanding Black Friday remarks NEW YORK (AFX) - US stocks are set to open lower today in a holiday-shortened session as a sharp drop in the dollar prompts concern, with investors also looking to gauge the mood of the American consumer as one of the busiest shopping days in the year gets underway. According to spread-betting firm IG Index, the Dow Jones Industrial Avera ...

U.S. stocks are set to open sharply lower Friday, as investors return from the Thanksgiving holiday to a steep dollar decline that pushed the euro to its highest level in a year and a half and the British pound to an almost two-year high. The futures contract for the Dow Jones Industrial Average was down 54 points at 12,300. Futures contracts for the S&P 500 and the Nasdaq 100 were off 7 ...

LONDON (AFX) - The euro continued to edge up on the dollar, closing in on the 1.31 usd level, as comments from the deputy governor of the People's Bank of China sparked off a dollar sell off. PBoC deputy governor Wu Xiaoling appeared to suggest that holding the dollar as a reserve currency may not be a wise thing. "The exchange rate of the US dollar, which is the major reserve currency, is  ...

NEW YORK (AFX) - US stocks are set to open lower today in a holiday-shortened session as a sharp drop in the dollar prompts concern, with investors also looking to gauge the mood of the American consumer as one of the busiest shopping days in the year gets underway. According to spread-betting firm IG Index, the Dow Jones Industrial Average is seen opening 35 points lower at 12,291. The stock mar ...

LONDON (AFX) - The following is a compilation of UK smaller company results due out in the 2 weeks to Dec 8: MONDAY NOV 27 Business support services firm MITIE Group PLC is expected to show another half-year or organic growth from its business portfolio. The integration of the recent security acquisition, Initial Security, is progressing well and the strategic benefits of this acquisition are n ...

LONDON (AFX) - Leading shares remained down at midday as a weaker dollar weighed on US exposed stocks and with financials and miners also under pressure, dealers said, while UK blue chips could fall further this afternoon as Wall Street is also seen lower. At 11.50 am, the FTSE 100 index was down 52.5 points at 6,087.5, albeit off its midmorning low of 6,068.1, while the broader indices also rema ...

European stocks dropped sharply on Friday, losing ground for the third straight session after the dollar reached its lowest level since April 2005. Shares of oil services group Technip surged, however, on speculation it could get a buyout bid. The pan-European Dow Jones Stoxx 600lost 1.1% at 354.83, with shares of exporters Siemens (SI) , SAP (SAP) and BASF (BF) all down around 2%. The decli ...