International News
Europe close: Markets turn lower as ECB signals fresh stimulus
European shares slipped below the waterline at the end of a sweltering Thursday, as the market digested an avalanche of earnings reports and a fresh European Central Bank rate decision.
US open: Stocks head south after another batch of corporate earnings
US stocks opened lower on Thursday, with investors continuing to monitor trade developments and earnings.
ECB holds rates but signals more stimulus is on the cards
The European Central Bank left interest rates unchanged on Thursday but signalled that a rate cut and more monetary easing were on the cards, pushing the euro to a two-month low against the dollar.
US initial jobless claims fall to three-month low
The number of Americans filing for unemployment benefits fell to a three-month low last week.
Nissan to cut 12,500 job as profits crash
Car maker Nissan said it would cut 12,500 jobs worldwide as first quarter net profits were almost wiped out.
US pre-open: Futures point to another mixed session ahead of earnings deluge
Wall Street futures were pointing to a mixed open on Thursday, with investors continuing to monitor trade developments and earnings.
Alibaba reportedly considering second listing in Hong Kong exchange
E-commerce giant Alibaba is reportedly considering a secondary listing in Hong Kong in response to the growing trade war between the US and China.
Softbank reportedly set to pledge $40bn to second Vision Fund
Japanese tech conglomerate SoftBank Group will invest $40bn in its second Vision Fund, the Wall Street Journal reported on Wednesday.
Asia report: Markets mostly higher as semiconductor stocks surge
Markets in Asia were mostly higher on Thursday, with technology - in particular, semiconductor - stocks in South Korea and Japan well into the green.
German business confidence deteriorates in July - Ifo
German business confidence deteriorated more than expected in July, to its worst level since April 2013, according to a widely-followed survey released on Friday.