International News
Europe close: Basic Resources weigh, Deutsche Bank downgrades German stocks
European stocks yielded on Tuesday as the single currency regain some altitude on the back of a surprisingly strong reading on Germany's third quarter gross domestic product, alongside another burst of weaker-than-forecast Chinese economic data.
US open: Strategists sound divergent note on outlook for stocks
Stocks are again seeing slight losses on Tuesday as some, but not all, of Wall Street's most veteran investors sound a cautious note on the outlook for the current bull market equities.
Paper £10 notes will be removed from circulation in March 2018
The Bank of England on Tuesday announced that paper £10 notes, which feature a picture of Charles Darwin, will cease to be legal tender after 1 March 2018.
BofA-ML strategists cautious as fund managers chase markets higher
"Icarus is flying ever closer to the sun," Bank of America-Merrill Lynch's chief investment strategist said, pointing to signs of 'irrational exuberance' among investors in the investment bank's latest global survey of fund managers.
Amazon to sell part of its cloud operation to Chinese investor for $300m
Tech titan Amazon is set to sell part of its cloud computing business in China to partner Beijing Sinnet Technology for over $300m.
Donald Trump Jr exchanged messages with Wikileaks during election campaign
Donald Trump’s son Donald Jr was in contact with whistleblowing site Wikileaks in the crucial weeks leading up to the 2016 presidential election, it has emerged.
S&P cuts Venezuela's sovereign debt rating to 'selective default'
Standard&Poor's downgraded its rating on the long-term debt of Venezuela after the Caribbean country missed $200m of coupon payments on already outstanding debt, even as Caracas prepares to attempt a restructuring of its foreign debt pile.
Services push US factory gate inflation higher in October
Dearer services prices pushed factory gate inflation past economists' forecasts last month.
Euro area GDP picks up slightly in third quarter
The euro area's economy accelerated a tad over the three months to September amid stronger growth in Germany, Italy and Portugal.
German economic sentiment improves less than expected in November - ZEW
German economic sentiment improved a little less than expected in November, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Asia report: Most markets lower as China data disappoints
Almost all markets in Asia finished lower on Tuesday, as investors sifted through a barrage of disappointing economic data out of China.
German GDP growth surprises sharply to the upside in third quarter
The rate of growth in Germany's gross domestic product accelerated over the three months to September, on the back of stronger foreign demand and investment.
US pre-open: Stocks seen broadly flat; central bankers in focus
US futures pointed to a muted open on Wall Street on Tuesday as investors continued to watch out for earnings releases and any news on corporate tax reforms.
Chinese economy continues to cool-off in October
China's economy slowed further in October with economists eyeing scope for further cooling ahead.
Theresa May launches attack on Russian election 'meddling'
UK Prime Minister Theresa May has launched major criticism towards Russian president Vladimir Putin and the Kremlin for meddling in elections and its role in spreading 'fake news'.
US close: Markets finish higher on relatively quiet Monday
Wall Street finished just above the waterline on Monday, despite downbeat market chatter earlier regarding the prospects for fiscal reform in the States and President Donald Trump's remarks at the Asia-Pacific Economic Cooperation conference in Vietnam.