Angang Steel News
-
Emerging stocks fell a second day as disappointing Chinese earnings and tensions on the Korean peninsula overshadowed gains in eastern European equities. Brazilian shares slumped the most in six weeks.
-
Most Asian stocks fell, led by Japanese shares after data on U.S. manufacturing missed estimates and the yen strengthened, damping the earnings outlook for exporters.
-
China’s stocks rose, paring the benchmark index’s worst first-quarter loss since 2010, as gains by utilities countered declines by health-care companies.
-
The European Union imposed tariffs against China to counter subsidies for the second time, targeting Chinese steel in a bid to help EU producers such as ArcelorMittal.
-
Growth in demand for steel in China, the world’s biggest consumer, is set to rebound from a four-year low, supporting earnings for mills and the iron ore producers that supply them.
-
Angang Steel Co. , China’s biggest Hong Kong-traded steelmaker, may post a loss in the third quarter after prices fell and raw-material prices gained.
-
The exchange-traded fund tracking emerging-market stocks dropped for a second day as declining utility and resource stocks offset advances in consumer and financial shares. South Africa’s rand sank to the weakest level since 2009.
-
Angang Steel Co., the biggest Hong Kong-traded steelmaker, posted a wider second-half loss on waning demand and high raw-material costs.
-
Asian stocks gained, with the regional benchmark index heading for the highest close in two weeks, after U.S. new-home construction rose to a four-year high and Chinese shares rallied on speculation policy makers will add stimulus measures.
-
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page