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Hong Kong graft probe takes toll on Sun Hung Kai investors

By Reuters UK

More than $7 billion has been wiped off the market value of Sun Hung Kai Properties <0016.HK> since the billionaire Kwok brothers who run the Asia's biggest developer were arrested in a corruption investigation in late-March, sapping shareholder confidence in the Hong Kong conglomerate. (4:49 pm)

MORE TOPICS: DEUTSCHE BANK, MORGAN STANLEY, MANAGEMENT, WESTFIELD GROUP

HSBC sees "no big deals" as pay row fizzles

By Reuters UK

HSBC <HSBA.L> said it had no appetite to take advantage of turmoil in the euro zone and make big acquisitions there or anywhere else where rivals are selling major assets. (May 25)

MORE TOPICS: BARCLAYS, HSBC, UNITED ARAB EMIRATES, INDIA, SOUTH AFRICA, NEDBANK

FTSE ends flat as rebound loses momentum

By Reuters UK

The blue-chip index recorded its first weekly gain in a month on Friday but its recent rally lost momentum and the index closed flat on the day, capped by uncertainty about the euro zone crisis and an economic slowdown in China. (May 25)

MORE TOPICS: CHINA, ELECTIONS, INVESTMENT

Britain's FTSE ends flat as rebound loses momentum

By Reuters UK

Britain's blue-chip index recorded its first weekly gain in a month on Friday but its recent rally lost momentum and the index closed flat on the day, capped by uncertainty about the euro zone crisis and an economic slowdown in China. (May 25)

MORE TOPICS: CHINA, ELECTIONS, INVESTMENT

World Market Overview for May 25

By iMoneywire

Overnight price action saw European equities begin their session on a positive footing, but have since pared these gains and are now in the red as investor sentiment waffles. (May 25)

MORE TOPICS: GOLD

FTSE down in thin volume after breakout fails

By Reuters UK

Top share index was a touch lower in thin, choppy trade on Friday, with cyclical stocks once again suffering as lack of clarity on the euro zone's debt and economic crisis threatened to slow the global economy. (May 25)

MORE TOPICS: GOLD, BARCLAYS, HSBC, ELECTIONS, LONDON

Britain's FTSE down in thin volume after breakout fails

By Reuters UK

Britain's top share index was a touch lower in thin, choppy trade on Friday, with cyclical stocks once again suffering as lack of clarity on the euro zone's debt and economic crisis threatened to slow the global economy. (May 25)

MORE TOPICS: GOLD, BARCLAYS, HSBC, ELECTIONS, LONDON

Traders work on the floor of the New York Stock Exchange
US Stock Futures Point To Higher Opening Friday

By IBTimes

Futures on major U.S. indices point to a higher opening Friday ahead of the Reuters/University of Michigan Consumer Sentiment Index and Inflation Expectation survey. (May 25)

MORE TOPICS: CHINA, DOW JONES, MICHIGAN

FTSE on track for best week in a month

By Reuters UK

The equities edged up on Friday, with bottom-fishing buyers putting the market on track for its best week in a month, but traders said ongoing concerns about Greece and the euro zone left the door open for a retest of 2012 lows. (May 25)

MORE TOPICS: CHINA, BARCLAYS, RETAIL, ELECTIONS, COPPER

EU Morning Report- Euro remains under pressure

By Easy Forex

 The euro (EUR) dropped to a two year low falling to 1.2515 from 1.2619 against the US dollar as uncertainty in the market grows. The single currency is under pressure as investors are worried about a problematic banking sector in the eurozone and a messy Greek exit from the euro. Economic figures . (May 25)

MORE TOPICS: GOLD, S&P, GERMANY, MANUFACTURING, BANK OF ENGLAND, QUANTITATIVE EASING

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