Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
HONG KONG, China (AFP) — Asian investors trod cautiously Thursday as they try to ascertain the state of play in the China-US trade row, while the pound edged higher on growing optimism Britain will not crash out of the European Union. The long-running US government shutdown continued to rankle, with Democrats and Donald Trump digging their heels in over the president’s border wall budget demand, while a White House official warned it could hammer the […]
HONG KONG, China (AFP) — Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall Street was closed for a holiday investors are keeping tabs on developments in various issues including the US government shutdown, Brexit and China’s stuttering economy. The optimism surrounding China-US trade talks […]
HONG KONG, China (AFP) — Asian markets on Monday built on last week’s rally as investors cheered a report that China had offered to eliminate its massive trade surplus with the United States, while data showed Chinese economic growth hit forecasts in 2018. Regional equities picked up where they finished Friday after Bloomberg said Beijing had pledged to ramp up spending on US goods over the next five years. While there was some scepticism over […]
An unusual set of celestial circumstances comes together Sunday for skywatchers in Europe, Africa and the Americas, where a total lunar eclipse may be glimpsed, offering a view of a large, red Moon. The full Moon will appear bigger than normal because it is closer to the Earth — about 222,000 miles (358,000 kilometers) away — which earns it the nickname “super Moon.” Other monikers include a “Wolf Moon,” a traditional way of coining an […]
HONG KONG China (AFP) — The upbeat tone that has characterized this week helped Asian markets to fresh gains on Friday, with Hong Kong on course for a sixth straight day of rises. Investors globally have been riding a wave of optimism since last week when the head of the Federal Reserve indicated it will likely slow its pace of interest rate hikes, while there were also signs that China and the US could eventually […]
HONG KONG, China (AFP) — Increasing optimism that China and the US will be able to hammer out a deal to help ease their trade war provided the impetus for more gains across Asian markets on Wednesday. After taking a battering in December and suffering a shaky start to 2019, confidence is slowly returning to equity trading floors, though dealers remain on edge. Federal Reserve boss Jerome Powell provided the platform for a rally last […]
HONG KONG, China (AFP) — There was no respite for Asian investors Friday as most regional markets suffered more losses, with Tokyo tanking three percent and technology firms taking another hiding after Apple’s shock revenue warning. The new year has proved so far to be anything but happy on trading floors as dealers face a confluence of issues including the China-US trade war, China’s stuttering economy, the US government shutdown and Brexit. Apple has been […]
HONG KONG, China (AFP) — Asian investors moved with caution in Friday trade after days of volatility on global financial markets failed to boost confidence. In Tokyo, stocks were trading 0.5 percent lower by the break despite a late rally in New York, as investors cashed in after the previous day’s strong rises. With the trading year winding down, the Nikkei index is heading for its first closure with an annual loss in seven years. […]
HONG KONG, China (AFP) — Asian stocks fell in early trade Monday despite a weekend call by Treasury Secretary Steven Mnuchin to top US banking executives aimed at stemming market panic which saw Wall Street experience its worst week in a decade. The Dow and the Nasdaq ended Friday with their biggest weekly drop since the start of the global financial crisis as investors took fright over a government shutdown in Washington, President Donald Trump’s […]
HONG KONG, China (AFP) — Fresh political turbulence in Washington and renewed fears over US-China relations pushed Asian markets lower Friday, as a global slump sparked by unease over Fed policy showed no signs of easing. The resignation of US Defense Secretary Jim Mattis — seen as a moderating force on an often impulsive president — and the looming threat of a federal government shutdown alarmed investors as concern grows over weakening global growth. US […]
HONG KONG, China (AFP) — Asian markets enjoyed more gains Thursday as investors are cheered by the more conciliatory noises from China and the US on trade, while uncertainty over Brexit continued to pressure the pound. While the tariffs row between Beijing and Washington is far from being resolved, there is a lot more optimism on trading floors this week that the world’s top two economies can make headway in talks over the next three […]
HONG KONG, China (AFP) — Asian equities struggled again Tuesday despite a bounce in New York as investors fret over a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-month lows on Brexit uncertainty. Bargain-buyers tried to step in after the latest sell-off but were unable to gain traction, with fears about the outlook for the global economy keeping sentiment beaten down. The China-US trade row, signs of […]
