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Analysis-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

Analysis-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

By Clare Jim, James Pomfret and Anne Marie RoantreeHONG KONG (Reuters) - Hong Kong’s edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility, executives and analysts said.The former British colony is caught in the eye of a storm between Beijing and Washingt ...

2025-03-06 20:20:02
India stocks higher at close of trade; Nifty 50 up 0.85%

India stocks higher at close of trade; Nifty 50 up 0.85%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Metals, Oil & Gas and Public Sector Undertakings sectors led shares higher.At the close in NSE, the Nifty 50 gained 0.85%, while the BSE Sensex 30 index gained 0.83%.The best performers of the session on the Nifty 50 were Asian Paints Ltd. (NSE:ASPN), which rose 4.78% or 103.55 points to trade at 2,267.70 ...

2025-03-06 20:18:36
Aerospace group Melrose’s revenue outlook triggers share price slide

Aerospace group Melrose’s revenue outlook triggers share price slide

By Pushkala Aripaka(Reuters) - GKN (LON:GKN) Aerospace owner Melrose (LON:MRON) forecast 2025 revenue below most analysts’ expectations, sending its shares sharply lower on Thursday, as global trade uncertainties and industry-wide supply chain challenges persist.Shares of the aerospace parts supplier fell as much as 12%, making it the biggest loser on Britain’s blue-chip FTSE-100 index.Produ ...

2025-03-06 20:17:16
US stock futures retreat; trade tariffs, employment data in focus

US stock futures retreat; trade tariffs, employment data in focus

Investing.com-- U.S. stock index futures fell Thursday, handing back some of the previous session’s gains amid trade tariffs uncertainty ahead of the release of key employment data.At 05:35 ET (10:35 GMT), Dow Jones Futures were 350 points, or 0.8%, lower, S&P 500 Futures were down 58 points, or 1%, and Nasdaq 100 Futures dropped 245 points, or 1.2%.The Dow Jones Industrial Average clos ...

2025-03-06 20:15:40