* TSX ends up 179.89 points, or 0.8%, at 21,537.45. * Touches highest closing level since Nov. 25. * Energy sector rises 1.7% * Financials end 1.2% higher. By Fergal Smith. Canada's main stock index rose on Monday to its highest level in nearly eight weeks, led by gains for energy and financial shares.
Japan's Nikkei share average rose on Monday, as a sustained rally in oil lifted energy shares, while chipmakers followed their U.S. peers higher. The Nikkei gained 0.69% to 28,318.54 as of the midday break, rebounding after touching its lowest intraday level since Dec. 6 on Friday at 27,889.21. About 10 stocks advanced for every one that fell on the benchmark index.
France's stronger than expected economic recovery last year means the public sector budget deficit should come in better than planned, the budget minister said in an interview published on Sunday.
The Peruvian economy grew by 3.47% year-on-year in November, the lowest rate since March, the government said on Saturday, citing an advance in consumption that was offset by a drop in the country's key mining sector beset by environmental protests.
Two members of former Kazakh president Nursultan Nazarbayev's extended family have resigned from the leadership of state oil and gas shipping companies, the Central Asian nation's sovereign fund said on Saturday.
While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook for the sector.
A U.S. judge on Friday barred Martin Shkreli from the pharmaceutical industry for life and ordered him to pay $64.6 million after he famously raised the price of the drug Daraprim and fought to block generic competitors.
Wall Street's main indexes fell on Friday
as declines among heavyweight financial stocks led by JPMorgan (JPM)
made for a weak start to the fourth-quarter earnings season.
U.S. retail sales dropped by the most in 10 months in December, likely the result of Americans starting their holiday shopping in October to avoid empty shelves at stores. Economists cautioned against reading the unexpected plunge in retail sales last month reported by the Commerce Department on Friday as a sign of weakness.
The Dow and the S&P 500 fell on Friday as
declines among heavyweight financial stocks led by JPMorgan (JPM) made
for a weak start to the fourth-quarter earnings season, while
the Nasdaq edged higher as ...
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