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TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday as investors adjusted their positions amid lingering fears over the impact of the new coronavirus on the economy. The benchmark Nikkei 225 index was up 0.65 percent, or 151.73 points, at 23,345.53 in early trade, while the broader Topix index was up 0.56 percent, or 9.26 points, at 1,674.97. The dollar fetched 109.91 yen in early Asian trade, against 109.87 yen in New York. “Japanese […]
HONG KONG, China (AFP) — Asian markets fell on Thursday after a dramatic spike in the number of coronavirus deaths and cases in mainland China, with traders concerned about the economic impact of the epidemic. Chinese authorities have changed the way they count infections from the virus — officially named COVID-19 — and the latest reports propelled the nationwide death toll to 1,355 and the infection count to nearly 60,000. Tokyo’s benchmark Nikkei 225 […]
DAVOS, Switzerland (AFP) – Sebastian SMITH and Alex PIGMAN President Donald Trump tore into environmental “prophets of doom” at the Davos forum Tuesday, rejecting fiery warnings from teenage campaigner Greta Thunberg and talking up his own record in a counterpoint to impeachment back home. Thunberg was in the audience in the Swiss Alps to hear the typically bullish speech by Trump, delivered just before the US Senate opened the crucial next stage in his trial […]
Washington, United States (AFP) – A popular mobile application developed in the United Arab Emirates has been removed from both Apple and Google’s online marketplaces following a report it was used for widespread government spying. The moves come after The New York Times reported Saturday the app ToTok allowed the UAE government to track the conversations, movements, and other details of people who installed it on their phone. Apple told AFP that ToTok was removed from […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei stock index jumped more than 2.5 percent Friday, boosted by hopes for a US-China trade deal, and a big election win for Britain’s ruling Conservative Party that paves the way for Brexit. The Nikkei 225 index rallied 2.55 percent, or 598.29 points, to close at 24,023.10, the highest since early October last year. Over the week, it gained 2.9 percent. The broader Topix index was up 1.59 percent, […]
HONG KONG, China (AFP) — Asian markets were mixed Wednesday as investors grow nervous at the lack of news on China-US trade talks, with Washington yet to cancel tariffs on a swathe of Chinese goods planned for the weekend. With negotiators still trying to hammer out a mini agreement, the mood on trading floors remains upbeat. Most observers have been confident the two sides will eventually reach a deal, feeding a global equities rally for […]
TOKYO, Japan (AFP) — Tokyo stocks opened flat on Wednesday as investors waited for news on China-US trade talks, less than a week before Washington is due to impose fresh tariffs on Chinese goods. The benchmark Nikkei 225 index was up just 0.07 percent or 16.46 points at 23,426.65 in early trade, while the broader Topix index was down 0.05 percent or 0.80 points at 1,719.97. “Japanese shares are seen range-bound, with eyes on US-China […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower on Wednesday, dragged down by diminished hopes for an imminent US-China trade deal, and a stronger yen. The benchmark Nikkei 225 index fell 0.75 percent or 176.04 points to 23,203.77 in early trade while the broader Topix index was down 0.59 percent or 10.06 points at 1,696.67. Optimism that Beijing and Washington would eventually hammer out a partial agreement as part of a wider deal had supported […]
HONG KONG, China (AFP) — Asian markets tumbled on Tuesday as global trade uncertainty returned to the fore after the United States reimposed tariffs on Argentina and Brazil, threatened steep levies against France and warned China of new measures if ongoing talks are not successful. Optimism that Beijing and Washington will eventually hammer out a partial agreement as part of a wider deal has provided support to equities for weeks, helping Wall Street to numerous […]
NEW YORK, United States (AFP) — Wall Street stocks paused Tuesday in record range on rising hopes over US-China trade talks as US services sector data topped expectations. The Dow mustered a narrow record for a second day in a row, while the S&P 500 fell slightly and the Nasdaq was flat. Hopes that the United States and China will soon seal “phase one” of a trade agreement got another push Tuesday following a Wall […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index closed at a fresh 13-month high on Wednesday on optimism over US-China trade talks. The Nikkei 225 index, which logged its best finish in nearly 13 months on Tuesday, added 0.22 percent, or 51.83 points, to end at 23,303.82. The broader Topix index was flat, edging up 0.02 percent, or 0.29 points, at 1,694.45. Wall Street stocks held firm in record range on Tuesday thanks to rising […]
HELSINKI, Finland (AFP) — Shares in Nokia tumbled 20 percent on Thursday after the Finnish telecommunications equipment maker cut its earnings forecast in the face of intense competition to build the latest 5G mobile networks. While returning to profit in the third quarter, the company said it was downgrading its expectations for earnings and margins for this year and 2020 “due to margin pressure, additional 5G investments and additional digitalization investments.” Nokia and its rivals […]
