World shares up as China data fuels bets on growth

LONDON/SHANGHAI (Reuters) – World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world’s second-biggest economy was stabilizing. Riskier assets were in demand worldwide as the Chinese growth data, along with easing trade tensions with the United States, sent the MSCI world equity index up 0.2% and further into record territory. China’s economy grew 6% […]

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GLOBAL LNG-Prompt Asian prices hit 4-month low, drop below $5/mmBtu

* Malaysia’s Petronas buys cargo following fire in gas pipeline * China-U.S. sign Phase 1 trade deal, which includes LNG * Several “sell” tenders offered in market this week By Jessica Jaganathan SINGAPORE, Jan 17 (Reuters) – Asian spot prices for liquefied natural gas (LNG) for the current month fell below $5 per million British thermal units (mmBtu), to their […]

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Dollar softens as Sino-U.S. trade deal optimism lifts Asian currencies

SINGAPORE (Reuters) – The dollar gave a little ground to riskier Asian currencies on Thursday, as investors hoped the Sino-U.S. trade deal could herald warmer relations between the world’s two biggest economies and help to revive global growth. Beijing and Washington touted the Phase 1 deal, signed overnight at the White House, as a step forward. U.S. Vice President Mike […]

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Oil prices rise as China agrees to more U.S. energy purchases

TOKYO (Reuters) – Oil prices rose on Thursday, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supplies from the United States to China. Brent LCOc1 was 33 cents, or 0.5%, higher at $64.33 a barrel by 0118 GMT, while U.S. crude was […]

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World stocks scale record peak on U.S.-China trade deal

TOKYO (Reuters) – World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments. MSCI’s broadest index of world stocks .MIWD00000PUS firmed 0.04% in early trade after closing at record level on Wednesday while its index on […]

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World stocks scale record peak on U.S.-China trade deal

TOKYO (Reuters) – World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments. MSCI’s broadest index of world stocks .MIWD00000PUS firmed 0.04% in early trade after closing at record level on Wednesday while its index on […]

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