KXIP vs KKR Live Score

The index is the worst performer among major markets this year, losing 14 percent since the start of this year.

Germany's DAX was flat at 12,270 and France's CAC 40 added 0.3 percent to 5,298. The Nasdaq composite dipped 1.5 percent to 7,445.08.

WALL STREET: U.S. stocks finished slightly higher Tuesday, a day after heavy sell-offs. The Dow Jones Industrial Average gained 0.1 percent to 24,283.11. Hong Kong's Hang Seng tumbled 1.8 percent to 28,356.26.

U.S. Trade Representative Robert Lighthizer in Washington, D.C., U.S., May 11, 2018.

Spot gold XAU= dropped 0.4 percent to $1,253.70 an ounce. Stocks in Taiwan, Singapore and other Southeast Asian markets were mostly lower.

The report repeated promises to cut some tariffs and ease controls on foreign investment. Treasury Secretary Steven Mnuchin's suggestion that the investment restrictions wouldn't be limited to China caused stocks to slide further.

Actions such as US President Donald Trump's unilateral tariff hikes in a technology dispute with Beijing show World Trade Organization (WTO) rules need to keep pace with changes in business, said an European Union vice president, Jyrki Katainen. All but one of the 72 technology companies listed on the S&P 500 index closed lower Monday.

Police find 11 bodies from home in Indian capital
A police officer, who didn't wish to be identified, said the house belongs to a businessman who ran a plywood shop and dairy. In a shocking incident, dead bodies of 4 men and 7 women have been found from Burari , in North Delhi .

Lowman said a ten-year equity bullmarket had left many assets "priced for perfection", meaning setbacks could have an outsize impact, especially because central banks, led by the U.S. Federal Reserve, are tightening policy after years of ultra-low interest rates. A near-one percent fall in auto shares, among the most vulnerable to USA tariffs, took German equities 0.5 percent down to almost three-month lows. Harley-Davidson shares plunged 6.0 percent on Monday. The U.S. tariffs were imposed under a national security threat, which is allowed under WTO rules.

Gold prices slipped to a six-month as the dollar strengthened, making bullion more expensive for buyers using other currencies.

The dispute with Trump has allowed China, which has the world's second largest economy, to position itself as a defender of free trade.When asked about possible USA plans to limit Chinese investment in its technology sectors, Wang said, "We hope countries concerned can do the right thing and adopt policies that support free trade and investment".

"The two sides committed to defend the multilateral trading system that is centred on the WTO and based on rules, to promote economic globalisation that is more open, inclusive, beneficial to all, balanced, mutually-beneficial and win-win to reform the multilateral trading system and keep it advancing with the times, and to improve the global institutions for economic governance".

GENERAL ELECTRIC: Shares in General Electric jumped 4.4 percent in premarket trading on reports that the company would spin off its health care business and sell its $23 billion stake in oil services company Baker Hughes.

ENERGY: Benchmark U.S. crude was down 2 cents to $68.06 per barrel in NY.

USA crude added 17 cents to US$70.70, having surged 3.6 per cent overnight, while Brent climbed 18 cents to US$76.49 a barrel.


COMMENTS