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China to stabilise stock market for 'number of years' – Business Insider

© AFP Johannes EiseleThe Chinese government intervened to stem a rout in the Shanghai market after it crashed 30 percent from its peak in mid-JuneShanghai (AFP) – China’s market regulator on Friday vowed to stabilise the volatile stock market for a “number of years”, saying a state-backed company tasked with buying shares will have an enduring role.”For a number of […]

Eyes on banks as Greek stock exchange to reopen – Business Insider

© AFP/File Louisa GouliamakiPeople queue at ATM machines outside a branch of Piraeus Bank in central Athens on June 29, 2015Athens (AFP) – Attention will be focused on Greece’s embattled banks on Monday when the Athens stock exchange reopens after a six-week shutdown over the country’s debt crisis.The banks are in a vulnerable position because of outflows of billions of […]

Square exploring stock market debut: reports – Business Insider

© AFP/File Justin TallisSquare, the mobile payments and financial services startup launched by Twitter co-founder Jack Dorsey, pictured, has informed US regulators privately that it is exploring going public with a stock market debut, according to reportsSan Francisco (AFP) – Payments company Square has informed US regulators privately that it is exploring going public with a stock market debut, according […]

European stock markets slip awaiting Greek vote – Business Insider

© AFP/File Daniel RolandFrankfurt’s DAX 30 index lost 0.10 percent to stand at 11,088.73 pointsLondon (AFP) – Europe’s main stock markets slipped on Friday with all eyes on Greece’s weekend referendum on its bailout and future place in the eurozone.In late morning deals, Frankfurt’s DAX 30 index lost 0.10 percent to stand at 11,088.73 points and in Paris the CAC […]

Saudi stock market opens to foreigners – Business Insider

© AFP/File Fayez NureldineSaudi Arabia’s stock market will allow foreign investors to trade shares for the first time Monday, further opening up the conservative Islamic kingdom to the global economyRiyadh (AFP) – Saudi Arabia’s stock market will allow foreign investors to trade shares for the first time Monday, further opening up the conservative Islamic kingdom to the global economy.But analysts […]

US stocks rise on upbeat 'Cyber Monday' sales

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US stocks rise on upbeat ‘Cyber Monday’ sales
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Content preferencesDone.View photo”Cyber Monday” has given Wall Street stocks a bounce (AFP Photo/Spencer Platt)

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US stocks rise on upbeat 'Cyber Monday' sales
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Asia mainly up, China slips as stock trading scheme falters …

© AFP/File Philippe LopezAsian markets are mainly up after the majority of eurozone banks were given a clean bill of health by the European Central Bank, but China was hit by the postponement of a planned stock-trading connection between Hong Kong (shown here) and ShanghaiHong Kong (AFP) – Asian markets were mainly up Monday after the majority of eurozone banks […]