Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
by Richard CARTER Agence France-Presse TOKYO, Japan (AFP) — Asian stock markets rallied Friday after two days of ferocious selling sparked by higher US interest rates, trade war fears and attacks by President Donald Trump on his “crazy” central bank. Tokyo closed near half a percentage point higher after a see-saw session that saw it open in the red but quickly pare losses. Elsewhere in Asia, China’s benchmark Shanghai Composite climbed by 0.5 percent after […]
TOKYO, Japan (AFP) — Tokyo’s key Nikkei index opened down one percent on Friday, extending losses on global bourses amid lingering worries about higher interest rates and trade wars. The benchmark Nikkei 225 index, which plunged 3.89 percent the previous day, was down 1.06 percent, or 239.23 points, at 22,351.63 at the open, while the broader Topix index was down 0.66 percent or 11.18 points at 1,690.68. “Markets are finding themselves in a total state […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index rose to a 27-year high on Monday, boosted by a weak yen and a breakthrough in trade talks between the United States and Canada. The Nikkei 225 index gained 0.52 percent or 125.72 points to close at 24,245.76 — the highest since November 1991 when Japan Inc was closing the final chapter of the nation’s speculative “bubble” economy. “Reaching a 27-year high is symbolic but still a […]
HANOI, Vietnam (AFP) — Vietnam’s growth slowed in the third quarter, data showed Friday, with a warning that the export-led economy could soon be caught up in Donald Trump’s trade war with China. Vietnam is one of Asia’s fastest growing economies — GDP growth has topped five percent over the past five years — largely driven by the export of cheap goods such as Adidas trainers, Intel computer processors and Samsung phones. Though it is […]
TOKYO, Japan (AFP) — Tokyo stocks opened sharply higher on Friday with sentiment boosted by gains on Wall Street and a weak yen. The benchmark Nikkei 225 index climbed 1.15 percent or 274.77 points to 24,071.51 in early trade while the Topix index was up 1.02 percent or 18.41 points at 1,818.52. The bullish opening came after Wall Street stocks advanced and the dollar rose on confidence in the US economy. “Buying will likely beat […]
HONG KONG, China (AFP) — Asian markets rose Friday, tracking a rally on Wall Street where investors were buoyed by the Federal Reserve’s positive outlook for the US economy, and oil added to gains with predictions it could be headed back to $100. While concerns over the China-US trade row hang in the air, equities continue to be supported by optimism that the global economy and companies are in rude health. That was reinforced by […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index rose to an eight-month high on Tuesday thanks to a weaker yen, while investors focused on Japan’s upcoming trade talks with the United States. The Nikkei 225 index gained 0.29 percent or 70.33 points to close at 23,940.26, rising for the seventh straight session. The broader Topix index was up 1.02 percent or 18.42 points at 1,822.44. “The market has maintained positive momentum partially due to a […]
HONG KONG, China (AFP) — Hong Kong led a sell-off in Asian markets during holiday-thinned business Monday as trade tensions burst back on the scene with China and the US swapping fresh tariffs and reports saying Beijing pulled out of planned talks. The recent optimism in the US economy that saw equities rack up healthy gains over the past two weeks was replaced by fresh concerns about the impact of a standoff between the world’s […]
TOKYO, Japan (AFP) — Tokyo stocks closed flat on Thursday, with traders taking Prime Minister Shinzo Abe’s widely expected victory in the party leadership election in their stride. The Nikkei 225 index closed up just 0.01 percent or 2.41 points at 23,674.93, while the broader Topix index ended up 0.11 percent or 1.94 points at 1,787.60. The Nikkei index slipped briefly into negative territory after Abe’s comfortable victory was announced because there were “no fresh […]
WASHINGTON, United States (AFP) — Amazon is considering opening up to 3,000 new cashier-less stores by 2021 to vie for shoppers at convenience stores and quick-service sandwich shops, Bloomberg News reported Wednesday. CEO Jeff Bezos is trying to decide on the best format for this bold and expensive venture, Bloomberg said, quoting people familiar with the matter. The new AmazonGo outlets could be convenience stores offering fresh prepared foods and some groceries, like 7-Eleven, or […]
HONG KONG, China (Eagle News) — Hong Kong and Shanghai stocks fell soon after the open on Tuesday, extending the previous day’s sell-off after Donald Trump said he will impose tariffs on another $200 billion of Chinese goods from next week. The Hang Seng Index lost 0.80 percent, or 215.13 points, to 26,717.72 in early trade. The benchmark Shanghai Composite Index lost 0.28 percent, or 7.49 points, to 2,644.30 and the Shenzhen Composite Index, which […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower but quickly bounced back into the green on Tuesday, as investors braced for Beijing’s reaction after the US announced tariffs on another $200 billion in Chinese goods. The benchmark Nikkei 225 index, which opened lower, was up 0.33 percent or 75.83 points at 23,170.50 after the first 30 minutes of trade. The broader Topix index was up 0.47 percent 8.11 points at 1,736.72. US President Donald Trump […]
