U.K. shares retreat for a second straight day

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Source: Bloomberg
U.K. shares retreated for a second straight day as Tesco Plc sent the regional FTSE 100 Index lower. The FTSE 100 Index fell 0.3% to 6,809.68 as of 12:10 p.m. London time; however, the equity-benchmark has still advanced 4.6% in February, making it the best performing month since July. The FTSE All-Share Index slid 0.3% as well, while Ireland's ISEQ Index spilled 0.9% today.
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Wed, 26 Feb 2014 15:58:49 GMT

Asian shares drop as telecom and material stocks decline

Asian stocks declined as Japanese shares dropped and decline in telecommunication and raw-material companies dragged the MSCI Asia Pacific Index lower. The MSCI Asia Pacific Index slipped 0.1% to 137.9 at 7:33 p.m. Hong Kong time, having almost reversed earlier losses. Japan's Topix index fell 0.7% as its trading volume was 29% lower than its last 30-day average.

Wed, 26 Feb 2014 15:36:20 GMT

Brent slips before inventory report

The European benchmark Brent crude decreased on Wednesday trading session with the WTI-Brent discount shrinking to the narrowest level since October before a report showed that inventories in the U.S. dropped for the 7th week. Brent for settlement in April lost 13 cents and was last traded at $109.38 on the London's ICE Futures Europe exchange.

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