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Shares are mostly lower in Europe after a lackluster day of trading in Asia Shares opened lower in Europe on Tuesday after a day of declines in most Asian market s. Germany's DAX fell 0.4% to 15,765.55 and the CAC 40 in Paris dropped 0.8% to 7,224.88. Britain's FTSE 100 edged 0.1% lower to 7,442.85. The future for the S &P 500 was down 0.3%, while that for the Dow Jones Industrial Average lost 0.2%. In Asian trading, Hong Kong's benchmark fell 2.1%, to 18,456.91, as investors sold real estate shares to lock in gains fueled by recent government efforts to support the ailing property industry. China Vanke lost 1.1%, while Country Garden Holdings gave up 1%. Hong Kong-based Sun Hung Kai Properties shed 2%. Chinese services data came in weaker than expected, dulling hopes for a rebound in China's lackluster growth. Meanwhile, a survey showed business activity in China's services sector increased at the slowest pace in eight months. The Shanghai Composite index...

Shares are mostly lower in Asia after Wall Street drifted downward following a rally that had sent it roaring 16% higher for the year so far BANGKOK -- Shares slipped in Asia on Thursday after Wall Street drifted downward following a rally that sent it roaring 16% higher for the year so far. Hong Kong’s Hang Seng index dropped 3% on heavy selling of Chinese banks shares after Goldman Sachs downgraded them citing concerns about the slowing economy and lenders' exposures to debt. Japan’s Nikkei 225 lost 1.7%. U.S. futures declined and oil prices were mixed. Share prices had soared recently amid signs the U.S. economy is stronger than had been feared, fending off recession so far despite high interest rates. Minutes from the Federal Reserve’s latest policy meeting released Wednesday showed that some central bank officials wanted to raise rates in mid-June, though in the end they voted unanimously to keep rates steady. The threat of further rate hikes has been weighing on investor sent...

Global shares are mostly lower as investors grow cautious after Wall Street’s biggest pullback of the year TOKYO -- Global shares were mostly lower Thursday as investors grew cautious after Wall Street's biggest pullback of the year. France's CAC 40 lost 0.4% in early trading to 7,052.61, while Germany's DAX edged down 0.5% to 15,106.21. Britain's FTSE 100 fell nearly 0.6% to 7,787.49. The future for the Dow Jones Industrial Average was 0.4% lower while that for the S &P 500 declined 0.3%. Japan reported its trade deficit more than doubled in December from a year earlier, to 1.4 trillion yen ($11.3 billion), while the total deficit for all of 2022 ballooned to nearly 20 trillion yen ($156 billion) as the yen weakened and soaring costs for oil and other imports far outpaced an 18% increase in exports. Japan's benchmark Nikkei 225 slipped 1.4% to 26,405.23. Australia's S &P/ASX 200 gained 0.6% to 7,435.30. South Korea's Kospi added 0.5% to 2,...