The U.S. Treasury yield curve flattened on Thursday as the European Central Bank committed to leaving interest rates steady into the first half of 2020, while major world stock indexes mostly edged higher.
Wall Street's main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump's fresh China tariffs threat.
German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung reported on Thursday, citing unnamed sources.
The head of the U.S. House Ways and Means Committee on Thursday vowed to take steps aimed at blocking tariffs on Mexican goods if President Donald Trump moves ahead with his economic threat to levy such imports on Monday.
Louis Vuitton, LVMH's biggest sales driver, has beefed up stocks of its handbags and other luxury wares to feed its growing online business in mainland China, as Chinese consumers spend more at home, its management told analysts.
FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure on established delivery firms.
U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.
U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world's largest economies late this month.
Mexican and U.S. officials are set to resume talks on trade and migration on Thursday, with the United States resisting calls from its southern neighbor, businesses and some Republican lawmakers to ease up on a plan to impose import tariffs on Mexico.
German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting.
U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.
Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender's own business was performing in line with the industry.
China will fight to the end if the United States decides to escalate trade tensions, the Commerce Ministry said on Thursday, as U.S. President Donald Trump reiterated his threat to levy additional tariffs on $300 billion of Chinese goods.
Ford is expected to announce on Thursday that it is closing its engine facility in Wales, a source told Reuters, putting at risk 1,700 jobs in what would be the latest blow to Britain's car industry.
Shares in Peugeot-carmaker PSA rose on Thursday, as analysts examined the possibility that Fiat Chrysler (FCA) might turn back to PSA after FCA withdraw a merger offer for Renault.