International News
US close: Markets muted in Columbus Day trading
Wall Street dipped into the red amid thin trading conditions and with a dearth economic data and with government debt markets closed on account of Columbus Day.
US midday: Listless trading prevails on Columbus Day
Wall Street was little changed amid thin trading conditions and in a vacuum in terms of economic data and with government debt markets closed on account of Columbus Day.
Europe close: Stocks end slightly higher
Stocks on the Continent finished the session slightly higher on optimism percolating in bond markets that a political solution might be found to the impasse between the regional authorities in Catalonia and the central government.
France says it will reject Catalan independence move
France has said it will not recognise any declaration from Catalonia to separate from Spain, as regional officials weigh up whether to make a formal proclamation of secession.
UAE official calls for Qatar to give up 2022 World Cup
Qatar’s diplomatic crisis could be solved if the country were to give up its role as hosts of the 2022 World Cup, a senior official from the United Arab Emirates has said.
Airline trade association IATA says air travel increased 7% in 2016
Global airline trade association the International Air Transport Association (IATA) said on Monday that recently collated industry performance statistics for 2016 showed that throughout its system, airlines carried 3. 8bn passengers on 242m scheduled services throughout the year, a 7% year-on-year increase over 2015.
US and Turkey suspend visa services indefinitely
Turkey and the United States have mutually suspended visa services between the two countries after a row between the two consular departments.
Trump could cause another World War, Republican senator warns
Republican senator Bob Corker has said US President Donald Trump’s recklessness could lead the world to a major conflict.
US pre-open: Stocks to edge higher but markets seen quiet on Columbus Day
US futures pointed to a slightly firmer open on Wall Street on Monday, although trading was expected to be fairly quiet, with no Fedspeak or notable data releases due on Columbus Day.
Catalan officials make conflicting remarks, some see olive branch
A top Catalan official says the regional government is willing to talk to the central government, blaming Madrid for the impasse, even as other officials in Barcelona hint at pursuing a more drawn out declaration of independence, lasting perhaps weeks or months.
Richard Thaler wins Nobel economics prize for 'nudge theory'
Professor Richard H Thaler of the University of Chicago, the father of 'nudge theory', was awarded the Nobel Prize in economics on Monday for his contributions to behavioural economics.
Asia report: Markets mixed on another regional public holiday
Most markets in Asia were higher on Monday, with investors left to digest fresh economic indicators out of China as that region came out of its Golden Week of public holidays.
Dutch government to be formed with four-party coalition
Dutch prime minister Mark Rutte is set to present a new coalition government to the country’s parliament this week after months of negotiations between several parties.
China FX reserves increase slightly in September
China's foreign exchange reserves were little changed last month as capital outflows from Asia's largest economy remained small.
German industrial production jumps in September
Industrial production in the euro area's largest economy jumped in August amid a surge in output of capital goods.
Mantra Group surges on Accor takeover offer
Shares in Australian hotel operator Mantra Group surged on Monday after it confirmed that it has received a takeover offer from France’s Accor.