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TOKYO, Japan (AFP) — Tokyo stocks closed lower on Monday partially due to a strong yen, while investors braced for corporate results by major companies. The benchmark Nikkei 225 index slipped 0.60 percent, or 124.56 points, to 20,649.00 while the broader Topix index was down 0.68 percent, or 10.59 points, at 1,555.51. “We have very few trading elements today but a relatively strong yen is among the negative factors,” said Daiwa Securities senior technical analyst […]
HONG KONG, China (AFP) — Asian markets rose Friday putting them on course to end a shaky week on a positive note as investors look ahead to crucial trade talks between China and the United States at the end of the month. Small signs of a break in the impasse on Capitol Hill also provided some hope, with Democrats and Republicans meeting to end the month-long government shutdown that is taking its toll on the […]
HONG KONG, China (AFP) — Asian markets rose Thursday as investors try to ascertain the state of play in the China-US trade row, while the pound edged higher on optimism Britain will not crash out of the European Union. However, the 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 world’s top economy. […]
DAVOS, Switzerland (AFP) — UN chief Antonio Guterres on Thursday warned that the world is “losing the race” on climate change as he demanded that governments make bolder commitments beyond the Paris accord. “Climate change is the defining issue of our time. We are losing the race,” he said on the margins of the World Economic Forum in Davos. “It is absolutely central to reverse this trend.” Guterres said he was “not hopeful” that nations […]
SEOUL, South Korea (AFP) — South Korea’s largest automaker Hyundai Motor reported its first quarterly loss in eight years on Thursday, with currency swings sending it $180 million into the red in October-December despite improved sales. Operating profit fell 35 percent from a year earlier to 501 billion won ($443 million), the firm said in a statement, and it made a net loss of 203 billion won. “Due to weakened currency in emerging markets coupled […]
TOKYO, Japan (AFP) — Tokyo stocks recovered from earlier losses to end almost flat Wednesday, as the dollar firmed while investors searched for new cues. The benchmark Nikkei 225 index ended down just 0.14 percent, or 29.19 points, at 20,593.72, while the broader Topix index fell 0.60 percent, or 9.40 points, to 1,547.03. Tokyo shares began trading in the red, touching the day’s low of 20,438.22 a minute after the opening bell, after Wall Street shares […]
by Alex PIGMAN Agence France Presse DAVOS, Switzerland (AFP) — Here is a serving of quotes from the World Economic Forum (WEF) in Davos on Tuesday, where a year after US President Donald Trump stole the show, Brazil’s new far-right leader grabbed the limelight. “I’d like to say it’s a personal treat for me to be sitting here asking you questions. Normally I have to endure people asking me questions.” — Britain’s Prince William cracks […]
SEOUL, South Korea (AFP) — South Korea’s GDP growth slowed to its weakest in six years at 2.7 percent in 2018, the central bank said Tuesday, as President Moon Jae-in’s ratings fall amid concerns over the health of the world’s 11th-largest economy. Public discontent over the sluggish economy, especially on relatively high youth unemployment, has dragged Moon’s approval ratings below 50 percent, down from the 80s he was scoring in May after his first summit […]
TOKYO, Japan (AFP) — Tokyo stocks closed higher on Monday, extending global rallies as optimism grew over a breakthrough in efforts to defuse a US-China trade war. The benchmark Nikkei 225 index rose 0.26 percent or 53.26 points to 20,719.33 while the broader Topix index was up 0.56 percent or 8.78 points at 1,566.37. “A set of positive factors — hopes for progress in US-China trade talks, rallies on Wall Street and a relatively weak […]
HARARE, Zimbabwe (AFP) — Zimbabwe on Friday blocked most social media as international criticism mounted of a ruthless security crackdown after anti-government protests. Police and soldiers have been accused of indiscriminately dragging people from their homes and beating them. Several hundred people have been arrested and doctors say they have treated scores of victims for serious gunshot injuries. The United Nations human rights office on Friday urged Harare to “stop the crackdown”, voicing alarm over […]
HARARE, Zimbabwe (AFP) — Zimbabwe imposed a “total shutdown” of the internet on Friday, a major provider told customers, after protests early this week triggered a ruthless security crackdown. The internet had been partially restored after a first shutdown started on Tuesday. “We were served with another directive for total shutdown of the internet until further notice,” Econet, the country’s biggest provider, said in a text message on Friday. “Our lawyers advised we are required […]
by Lillian DING / Lianchao LAN Agence France Presse HONG KONG, China (AFP) — China’s economy grew at its slowest pace in almost three decades in 2018, analysts in an AFP poll said, as the government struggles to contain ballooning debt and a bruising trade war with the United States. And in a sign of the battle Beijing faces in getting things back on track, the survey of 13 economists also forecast expansion in the […]
