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Ultra-rich threaten to bail on Britain if Corbyn wins

Jean-Baptiste Oubrier, Agence France-Presse
Posted at Nov 07 07:24 AM

Prime Minister Boris Johnson, whose right-wing Conservative government is seeking re-election on December 12, has this week slammed left-winger Labour Party leader Jeremy Corbyn's "visceral" hatred of capitalism and compared him to Soviet dictator Joseph Stalin.   Read more »

New Brexit deal worse for UK economy than uncertainty: think tank

David Milliken, Reuters
Posted at Oct 30 08:54 AM

Late on Tuesday, Johnson won parliament's support for an election in early December that he hopes will break the Brexit deadlock and lead to the approval of the deal he clinched with Brussels earlier this month. Read more »

Britain set for Dec. 12 election to break the Brexit deadlock

Guy Faulconbridge, Elizabeth Piper and William James, Reuters
Posted at Oct 30 08:19 AM

After the European Union granted a third delay to the divorce that was originally supposed to take place on March 29, the United Kingdom, its parliament and its electorate remain divided on how, or indeed whether, to go ahead with Brexit. Read more »

EU nations agree Brexit delay until Jan. 31 as PM Johnson seeks election

Gabriela Baczynska and John Chalmers, Reuters
Posted at Oct 28 07:17 PM

The European Union on Monday agreed to a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed never to ask for. Read more »

Asian shares edge up; investors anxious over earnings, Brexit

Swati Pandey, Reuters
Posted at Oct 24 09:15 AM

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent with Japan's Nikkei up 0.5 percent at a one-year high. Australian shares climbed 0.5 percent while South Korea's KOSPI inched 0.4 percent higher. Read more »

Asian shares struggle after yet another Brexit delay

Hideyuki Sano, Reuters
Posted at Oct 23 09:13 AM

Technology shares in the region were knocked after Texas Instruments forecast current-quarter revenue well below estimates in a sign the global microchip industry is being squeezed by a downturn in demand and a prolonged US-China trade dispute. Read more »

British MPs give initial approval to Johnson's Brexit plan

Alice Ritchie with Marine Laouchez in Strasbourg, Agence France-Presse
Posted at Oct 23 03:00 AM

Johnson won the first of two crucial votes in the House of Commons, which will determine if he can fulfil his "do or die" promise to deliver Brexit next week.   Read more »

UK Prime Minister Johnson appeals to parliament to back Brexit bill

Elizabeth Piper and Kylie MacLellan, Reuters
Posted at Oct 22 08:38 AM

With just over a week before Britain is due to leave the EU, Johnson is scrambling to get his deal through parliament, which has put up a series of hurdles for the prime minister to meet his Oct. 31 deadline to try to prevent a no-deal Brexit. Read more »

Pound strikes five-month peak above $1.30

Roland Jackson, Agence France-Presse
Posted at Oct 22 06:43 AM

The pound touched a fresh 5-month peak above $1.30 on Monday on renewed Brexit optimism after Prime Minister Boris Johnson requested another extension to Britain's scheduled departure from the European Union.   Read more »

Asian share markets cautious, pound stumbles on Brexit drama

Stanley White, Reuters
Updated as of Oct 21 10:32 AM

MSCI's broadest index of Asia-Pacific shares outside Japan were flat, with Australian shares off down 0.3 percent. Japan's Nikkei rose 0.13 percent.   Read more »

Pound shrugs off Johnson's latest Brexit setback

Agence France-Presse
Posted at Oct 21 06:46 AM

Sterling opened to modest losses Monday following British Prime Minister Boris Johnson's latest failure to break the Brexit deadlock, with forex markets shrugging off a weekend of drama in the British parliament.  Read more »

Johnson defiant after British parliament votes to force Brexit delay

William James, Elizabeth Piper and Kylie MacLellan, Reuters
Posted at Oct 19 11:15 PM

A defiant Prime Minister Johnson said he would not negotiate a further delay to Britain's departure from the EU after losing a vote in parliament on Saturday. Read more »

Angry over Brexit, thousands to gather in London demanding new referendum

Andrew MacAskill, Reuters
Posted at Oct 19 02:54 PM

LONDON - The battle over Brexit spills onto the streets of London on Saturday when many thousands of people are expected to march through the city to demand a new referendum just as parliament decides the fate of Britain's departure from the European Union. Read more »

Asian stocks track Brexit deal cheer but China caution prevails

Andrew Galbraith, Reuters
Posted at Oct 18 09:28 AM

Sterling, which had enjoyed its biggest rising streak since October 1985 and hit a five-month high on the back of the Brexit deal, gave up ground on Friday morning amid doubts that the agreement would receive parliamentary approval. The pound eased 0.18 percent to buy $1.2865. Read more »

Pound goes on rollercoaster ride after Brexit draft deal

Agence France-Presse
Posted at Oct 18 07:00 AM

The British pound had a tumultuous session on Thursday as a draft Brexit deal between London and Brussels sparked both hope and skepticism in a volatile forex market. Read more »

Global shares lose steam on weak US retail sales, Brexit in focus

Hideyuki Sano, Reuters
Posted at Oct 17 09:15 AM

Both MSCI's broadest index of Asia-Pacific shares outside Japan and Japan's Nikkei were little changed in early trade while US stock futures lost 0.15 percent. Read more »

Last-gasp Brexit deal set to dominate fraught EU summit

Marine Strauss and Philip Blenkinsop, Reuters
Updated as of Oct 17 08:40 AM

The meeting will be Boris Johnson's first and last EU summit as prime minister of Britain if an agreement on his country's Oct. 31 divorce can be sealed with the other 27 member states and approved by parliament at a special session on Saturday. Read more »

PH shares join Asian bounce amid hopes of draft Brexit deal, strong Wall Street earnings

ABS-CBN News
Posted at Oct 17 12:10 AM

Brexit is moving markets in Asia but for the better.  Read more »

Pound surges as Brexit deal speculation heats up

Agence France-Presse
Posted at Oct 16 06:57 AM

The pound rallied Tuesday to 5-month peaks amid optimism over a breakthrough in Brexit talks while Wall Street stocks rebounded following an upbeat start to earnings season. Read more »

Asian stocks make cautious gains ahead of key Brexit summit

Stanley White, Reuters
Posted at Oct 15 09:29 AM

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.01 percent. Australian shares were up 0.12 percent, while Japan's Nikkei stock index rose 1.38 percent. Read more »