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HONG KONG, China (AFP) — Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession. The losses come after a sell-off last week fuelled by the Federal Reserve’s sharp interest rate hike last week — the biggest in nearly 30 years — and a warning of more to come, while increases in Britain and Switzerland added to the gloom. […]
HONG KONG, China (AFP) — Asian markets were mixed Friday following losses on Wall Street as optimism over the China-US trade talks was trumped by a weak round of US data that revived concerns about economic growth. With high-level negotiations between the world’s top economies still taking place in Washington there has been little concrete news about their progress, though some reports have said the two are heading towards an eventual deal. The lack of […]
HONG KONG, China (AFP) — The pound ticked up slightly in Asia on Wednesday after suffering heavy losses on worries about a possible no-deal Brexit, while regional equities were mixed ahead of crunch trade talks between China and the United States. MPs on Tuesday returned to Westminster to vote on a series of proposals dealing with Britain’s exit from the European Union after roundly rejecting Prime Minister Theresa May’s controversial deal two weeks ago. In […]
HONG KONG, China (AFP) — The dollar extended losses in Asia while most equities rose after the head of the Federal Reserve hinted at a softer pace of interest rate hikes, though investors remain wary about the weekend’s crunch trade talks between Donald Trump and Xi Jinping. US markets were sent soaring Wednesday after Fed chief Jerome Powell said borrowing costs were still historically low but only “just below” the neutral level, a rate that […]
CHINA (AFP) — Asian markets fell on Monday after a US-led strike on Syrian targets fueled fresh geopolitical concerns over the tinderbox Middle East, though analysts said investors were hopeful the crisis would not escalate. The US, Britain and France carried out their hit at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before. While there was broad […]
TOKYO, Japan (Reuters) — Stock markets in Tokyo, Seoul, and Hong Kong closed lower on Tuesday (August 29), but regained some of the losses from earlier in the day after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. Japan’s Nikkei closed its trading at 19362.55 down 87.35 points while the wider Topix shed 2.36 points to 1597.76. The Korea Composite Stock Price Index (KOSPI) closed down […]
HONGKONG, China (AFP) — The dollar slumped Thursday in the wake of dovish Federal Reserve minutes highlighting concern over inflation and crumbling corporate support for United States President Donald Trump. The greenback was back below 110 yen as safe haven assets were reinvigorated, with Asian equities treading water to broadly hold gains from a rally earlier in the week on easing tensions over North Korea. New York stocks finished higher despite developments in Washington, with […]
HONG KONG, China (AFP) — Asian investors on Wednesday struggled to track a record close on Wall Street as they await the Federal Reserve’s latest policy meeting hoping for a guide on its plans for monetary policy. The central bank is all but certain to lift interest rates after its meeting ends later in the day but the main focus will be on chair Janet Yellen’s comments afterwards. Some analysts suggest the rise could be […]
TOKYO, Japan (Reuters) — Asia stocks were relatively unaffected on Friday (June 9) after British elections seemed to leave no single party with a clear claim to power. Japan’s benchmark Nikkei opened at 19953.06 up 43.80 points. In South Korea, stocks opened slightly higher with the Korea Composite Stock Price Index (KOSPI) up 0.33 percent, to 2,371.36 points as of 0130 GMT. Hong Kong markets opened up as voting for the United Kingdom’s general election […]
TOKYO, Japan (Reuters) — Asian stocks posted their biggest rise in two weeks on Tuesday (December 6) as investors judged the selloff after Italy’s referendum was overdone, with robust U.S. economic data also helping sentiment. Japan’s benchmark Nikkei average opened up 1.00 percent at 18,457.20 on Tuesday, while the broader Topix gained 0.98 percent to 1,481.35. Hong Kong Hang Seng index opened up 0.8 percent, standing at 22694.27 points. South Korea climbed 1 percent in […]
By Shinichi Saoshiro TOKYO Mon Aug 4, 2014 8:32pm EDT (Reuters) – Asian stocks were mostly steady on Tuesday, halting the previous day’s slide after Wall Street rallied on upbeat earnings and relief over Portugal’s rescue of its largest listed bank, while lower bond yields kept the dollar away from recent peaks. MSCI’s broadest index of Asia-Pacific shares outside Japan traded little changed. Tokyo’s Nikkei inched up 0.1 percent. U.S. stocks rallied on Monday, lifted […]
(Reuters) – Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after more soft U.S. economic data. The action was light, with MSCI’s broadest index of Asia-Pacific shares outside Japan barely changed and Australia up a slim 0.3 percent. Shanghai stocks were flat while Seoul lost 0.6 percent. Japan’s Nikkei pared its early losses to […]
