· 1h · on MSN
Asian shares slide on US curbs on China, euro gives up gains
DAX Futures Gain With Euro in Asia After German Vote Outcome
Germany’s stock index futures and the euro both rallied in Asian trading after the country’s opposition leader Friedrich Merz won Sunday’s federal election, matching opinion polls and paving the way for a pivot to increased spending.
· 16h
Frankfurt stocks, euro rise on German vote outcome
Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year, Prime Minister Pedro Sanchez said on Monday in Kyiv during an international meeting held on the third anniversary of Russia's invasion.
Bulgaria, European Union and Protest
Germany, Eurozone and Out Growth
Wall Street struggled for traction on Monday, ending mixed after slumping last week, while German election results buoyed German shares and Europe's single currency as investors waited for midweek results from artificial intelligence chip leader Nvidia.
The European Commission said on Thursday it had approved a 920 million euro German state aid to Infineon for the construction of a new semiconductor manufacturing plant in Dresden. The measure will allow Infineon to complete the MEGAFAB-DD project which will be able to produce a wide range of different types of chips,
Czech police detained 22 people and carried out 46 searches linked to suspected corruption at the country's biggest hospital involving 160 million euros ($167.50 million) in European Union (EU) funds,
The euro eased off highs from a brief rally on Monday as the focus shifted from the election victory of Germany's conservatives to how quickly a coalition government can be formed. Friedrich Merz was set to become Germany's next chancellor after his party emerged victorious in Sunday's election,
The pound is rising by 0.3% against the dollar but is falling 0.2% against the euro after the German vote too. Stay with us for everything that matters to UK markets.
Yes, it's an unlikely origin, but every trend starts somewhere, and this one is all the rage across the league.
By Alden Bentley, Harry Robertson and Wayne Cole NEW YORK/LONDON/SYDNEY (Reuters) - Wall Street struggled for direction on Monday, pausing from last week's late slump, while German election results buoyed German shares and Europe's single currency and investors waited for Nvidia's midweek earnings report.
If a policy-driven turnaround in Europe's biggest economy tempts the continent's equity investors home, they may want to look to the bloc's faster-growing and cheaper fringes.
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