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HONGKONG, China (AFP) — Asian markets paused for breath Thursday after Wall Street smashed through 22,000 for the first time, with regional traders focused on fresh clues on the health of the United States economy. Strong Apple earnings propelled the Dow above the barrier to mark its sixth straight record close — but the tech-heavy Nasdaq closed marginally lower. Tokyo ended a two-day rally to sit 0.4 percent lower by the break, with several tech […]
HONG KONG, China (AFP) — Asian investors moved cautiously Monday as last week’s US missile strikes on a Syrian airfield fuelled geopolitical tensions and led to sabre-rattling between Washington and Russia. There are fears about brewing tensions between the two powers, with the US suggesting there can be no peace while Moscow-backed Bashar al-Assad remains Syria’s president. Greg McKenna, chief market strategist at AxiTrader, said the attack showed the US was not pulling back from […]
HONG KONG, China (AFP) — Investors trod a cautious line Wednesday, a day before Britain’s high-stakes referendum on its future in the European Union, with the head of the Federal Reserve warning a vote to leave could hammer world markets. After a three-day rally fuelled by hopes the country will stay in the economic bloc, analysts said traders were taking a step back to see what happens in Thursday’s poll. While bookmakers say there is […]
