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TOKYO, Japan (Reuters) — Asian shares held near eight-month high on Thursday (July 14) as investors bet the Bank of England will cut rates in a pre-emptive strike to ward off a recession following the country’s decision to leave the European Union. Japanese Prime Minister Shinzo Abe also called for fiscal stimulus, expected to reach about two percent of GDP, following his election victory on Sunday (10). Japan’s benchmark Nikkei opened at 16,242.20 up 10.77 […]
HONG KONG, China (AFP) — Stocks mostly rose in Asia Friday following a strong lead from New York, while optimism about a US jobs report later in the day pushed the dollar up against the yen and euro. The upbeat outlook was also evident in oil markets, where prices held around the $50 mark as OPEC’s refusal to cap output was offset by a fall in US stockpiles. With the start of June proving to be […]
HONG KONG, China (AFP) — Asia’s share rally stalled Tuesday, as a boost from Wall Street was overshadowed by renewed weakness in the price of oil. Japanese stocks were broadly flat while Shanghai and Hong Kong were down in early trade, the day after Chinese markets surged on the announcement of a new securities regulatory chief. Mace Blicksilver, the US-based director of Marblehead Asset Management, said he was “cautious” about the prospect for further gains. “I […]
Asian shares slid to their lowest levels since late 2011 on Monday (January 18) after weak U.S. economic data and massive falls in oil prices stoked further worries about a global economic downturn. Oil prices fell as much as four percent on Monday, with international benchmark Brent futures falling below $28 per barrel, touching their lowest level since 2003. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.0 percent in early trade, extending its […]
SEPTEMBER 7 (Reuters) — Asian shares got off on the back foot on Wednesday (September 2) after weak manufacturing activity reports from both the U.S. and China sent Wall Street reeling, while the dollar steadied after steep losses. The Nikkei rose 0.6 percent to 18,275.60 in mid-morning trade after falling to a low of 17,857.30 soon after the market opened. The benchmark index tumbled 3.8 percent on Tuesday (September 1) after surveys showed China’s factory […]
(Reuters) — Asian shares fell on Wednesday (July 8) as investors fretted over Greece’s debt crisis and a recent plunge in Chinese stocks, while the euro steadied. Euro zone members gave Athens until the end of this week to propose reform measures in order to secure the funding it needs to stay in the euro zone. Investors nervously awaited the opening of China’s share markets, after they slumped on Tuedsay (July 7) despite a flurry […]
(Reuters) – Asian shares and the dollar got off to a steady start on Wednesday, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat, while Japan’s Nikkei stock average added 0.6 percent in early trade, after marking a seven-year closing high on Tuesday. Wall Street posted solid gains on Tuesday, with the Dow Jones industrial average .DJI closing at a record high, […]
(Reuters) – Asian shares took solace from data showing broad U.S. economic strength even as signs of spreading weakness in China and Europe checked risk appetite, while the yen nursed its losses after sliding to multi-year lows against the dollar and euro overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan was up slightly in early trade. It was on track for a weekly loss of over 1 percent, but was underpinned by record finishes […]
By Lisa Twaronite TOKYO Thu Sep 25, 2014 11:26pm EDT (Reuters) – Asian shares were poised to end the week on a sour note on Friday after a steep drop on Wall Street, while the dollar steadied close to multi-year highs touched in the previous session. U.S. stocks ended sharply lower, as Apple Inc broke under key technical levels after the tech giant withdrew an update to its new operating system. That pushed the S&P […]
(Reuters) – Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in Iraq. Obama said in an address that he authorized targeted strikes to protect the besieged Yazidi minority and U.S. personnel in Iraq, after the Iraqi government requested help. “We can act carefully and responsibly […]
By Wayne Cole SYDNEY Thu Jul 10, 2014 11:00pm EDT (Reuters) – Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets. MSCI’s broadest index of Asia-Pacific shares outside Japan recovered to be a fraction firmer. Indices in Australia, Singapore and China were all higher, while Japan’s Nikkei pared its losses to be off just 0.26 percent. […]
By Hideyuki Sano TOKYO Sun Jul 6, 2014 8:39pm EDT (Reuters) – Asian stock markets got off to a slow start on Monday after a U.S. market holiday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed, staying just under Friday’s peak and two percentage point below its 2011 peak, having risen […]
