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TOKYO, Japan (AFP) – Tokyo stocks rose Tuesday morning after Wall Street powered to new records, with investor sentiment buoyed by strong US manufacturing data. The benchmark Nikkei 225 index rose 0.77 percent, or 157.45 points, to 20,558.23 by the break while the broader Topix index gained 0.45 percent, or 7.52 points, to 1,681.14. (Agence France-Presse).
HONG KONG, China (AFP) – Asian markets rose Monday following records on Wall Street last week on hopes that President Donald Trump’s tax reforms would breathe new life into the US economy. Both the S&P 500 and Nasdaq ended at records, with investors buoyed by expectations of strong earnings ahead of the third-quarter corporate reporting season, which begins in about two weeks. “Stock market euphoria rages on propelled by tax cuts and perhaps a misguided […]
TOKYO, Japan (AFP) – Confidence among Japan’s biggest manufacturers has jumped to its highest level in a decade, a key central survey showed Monday, as the world’s number three economy picks up the pace. The Bank of Japan’s Tankan report — a closely watched quarterly survey of more than 10,000 companies — showed a reading of 22 among major manufacturers in its latest report, the highest since its September 2007 reading when the headline figure […]
by Yussel Gonzalez Agence France Presse MEXICO CITY, Mexico (AFP) — The earthquake that turned huge swathes of Mexico City into a disaster zone last week took a toll on the country’s economy, but analysts say it will bounce back fast when rebuilding starts. The teeming city of 20 million people ground to an eerie halt after the September 19 quake, which killed more than 340 people across five states and the capital. The earthquake […]
by Kyoko Hasegawa Agence France Presse TOKYO, Japan (AFP) — A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending — seen as key for Japan’s exit from years of deflation — edged up and the unemployment rate […]
HONG KONG, China (AFP) — Most Asian markets edged up Wednesday and the dollar extended gains against its peers on expectations of further interest rate rises, while traders await the release of Donald Trump’s tax reform plan. While shares were broadly in positive territory, US-North Korea tensions continue to jangle nerves and keep investors from buying with any conviction. Hong Kong added 0.5 percent, while Shanghai edged up 0.1 percent and Singapore gained 0.8 percent. […]
GENEVA, Switzerland (Reuters) — Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum (WEF) said in its annual ranking on Tuesday (September 26). Since suffering a rare blip in 2008, when it was nudged into second place by the United States, the Swiss economy has maintained an efficient but unshakable grip on the top spot. The World Economic Forum, the same organization that runs the Davos meeting […]
NEW YORK, United States (AFP) — Global stocks ran the table on Monday, rising in New York, Europe and Asia on a mix of optimism, resilient oil prices and renewed calm on the Korean peninsula. Wall Street eked out fresh record closes in advance of this week’s Federal Reserve meeting, which is expected to announce a drawdown of its massive bond holdings, sending bond yields higher. Despite Friday’s North Korea missile test, the second in […]
TOKYO, Japan (Reuters) — The Tokyo stock exchange showed volatile movement at the opening just hours after North Korea fired a ballistic missile that flew over Northern Japan early Friday (September 15). Both the Nikkei 225 stock market and the wider Topix markets opened slightly lower than Thursday (September 14), but both markets regained traction quickly, going up by 43.15 points within thirty minutes after trading began. The missile fired by North Korea flew over […]
BEIJING, China (CCTV) — China’s economic performance was stable in August, according to data released by the National Bureau of Statistics on Thursday. The industrial production was as a whole stable, and the added value of above-scale industrial (enterprises with an annual prime operating revenue of 20 million yuan or above) increased 6.0 percent year on year. This was despite the fact thay growth rate was 0.4 percentage points less than the rate in July. China’s […]
LONDON, United Kingdom (AFP) — Britain’s annual inflation rate accelerated in August, mainly on rising prices for motor fuels and clothing, official data showed on Tuesday, sending the pound to a year-high versus the dollar. The Consumer Prices Index (CPI) 12-month rate jumped to 2.9 percent in August compared to 2.6 percent in July, the Office for National Statistics said in a statement. “Rising prices for clothing and motor fuels were the main contributors to […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Monday on upbeat Japanese data and a weaker yen, with the North Korea crisis in focus as the US pushes for a UN Security Council vote on tough new sanctions against the nuclear-armed state. The benchmark Nikkei 225 index rose 0.89 percent, or 171.86 points, to 19,446.68 in early trade while the broader Topix index was up 0.89 percent, or 14.16 points, at 1,607.70. “Players are relieved […]
