Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
TOKYO, Japan (AFP)–Tokyo stocks opened slightly higher on Wednesday after the Turkish lira rebounded but investors continued to keep a nervous eye on Turkey’s currency crisis. The benchmark Nikkei 225 index gained 0.09 percent or 20.78 points to 22,376.86 in early trade while the broader Topix index was up 0.21 percent or 3.53 points at 1,714.58. Wall Street advanced on Tuesday as Turkey’s lira recovered some ground. But investors were watching closely after the […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Friday as investors awaited the outcome of US-Japan trade talks while shrugging off solid Japan growth data. The benchmark Nikkei 225 index slipped 0.17 percent or 38.99 points to 22,559.40 in early trade while the broader Topix index was down 0.22 percent or 3.82 points at 1,736.34. “On top of the US-China trade row, Japan-US trade negotiations are underway in Washington, making investors cautious,” said Mutsumi Kagawa, chief […]
TOKYO, Japan (AFP)–Tokyo stocks opened fractionally higher Tuesday following overnight gains on Wall Street, as investors searched for fresh news to move the market. The benchmark Nikkei 225 index rose 0.06 percent, or 14.27 points, to 22,521.59 in early trade while the broader Topix index was up 0.04 percent, or 0.63 points, at 1,733.53. With a dearth of major incentives, players will likely cherry pick selective shares like companies with strong earnings, before turning their […]
NEW YORK, United States (AFP)–Apple became the first private company to reach $1 trillion in market capitalization on Thursday, a bright spot on an otherwise dreary day for European and Asian stock bourses wracked by trade war fears. Shares of Apple finished the formal Wall Street trading day up 2.9 percent at $207.39, topping the magic number needed to exceed $1 trillion in market value two days after the California tech giant reported strong quarterly earnings. […]
TOKYO, Japan (AFP)–Tokyo’s benchmark Nikkei 225 index closed lower on Wednesday as high tech shares dropped sharply tracking falls on Wall Street. The Nikkei ended down 0.31 percent or 68.50 points at 21,717.04 yen while the broader Topix index edged up 0.03 percent or 0.45 points to close at 1,693.25. Analysts said tech shares suffered partly due to news that a Chinese court temporarily banned US firm Micron Technology from selling its products. Investors were […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Wednesday tracking falls on Wall Street that were led by weakness in tech shares as trade war worries linger. The benchmark Nikkei 225 index fell 0.39 percent or 85.21 points to 21,770.33 in early trade, while the broader Topix index was down 0.24 percent or 4.07 points at 1,688.73. Analysts said tech shares suffered partly due to news that a Chinese court temporarily banned US Micron Technologies […]
BUENOS AIRES, Argentina (AFP)–The Buenos Aires Stock Exchange plunged 8.8 percent Wednesday, it’s worst closing performance for years, amid nervousness over emerging markets coupled with tensions over an IMF loan. The benchmark Merval index fell to 25,965 points after four days of consecutive losses. “It’s evident that there is less appetite for emerging markets in a more challenging global financial climate. But in Argentina’s case, you have to add the harsh economic realities of the […]
SEOUL, South Korea (AFP) — Hackers stole more than $30 million worth of cryptocurrencies from South Korea’s top bitcoin exchange, sending the unit’s price falling around the world on Wednesday. The virtual currency was priced at $6,442 dollars late afternoon in Seoul, down about 4.4 percent from 24 hours earlier, after the latest attack on Bithumb raised concerns over cryptocurrency security. Hyper-wired South Korea has emerged as a hotbed of trading in virtual units, at […]
HONG KONG, China (AFP) — Fresh fears of a trade war between the world’s top two economies sent most Asian markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the biggest losers as oil prices plunged ahead of a key OPEC meeting, where Saudi Arabia and Russia are expected to lift a two-year-old production cap. Donald Trump’s decision to hit China […]
NEW YORK, United States (AFP) — Global stocks were mixed Tuesday as markets began looking past an historic US-North Korea summit towards major central bank decisions in the coming days. Markets moved little following the meeting between US President Donald Trump and the North Korean leader Kim Jong Un, with some analysts lauding the positive tone of the event but uncertain of whether it would result in significant change. “The general reaction in the markets […]
HONG KONG, China (AFP) — Asian equities bounced back Thursday from the previous day’s mauling while the euro held on to a recovery as fears of turmoil in Italy were soothed by conciliatory noises from the country’s two biggest populist parties. The head of the anti-establishment Five Star Movement said he was prepared to offer a compromise candidate for the finance ministry after President Sergio Mattarella’s decision to veto an avowed eurosceptic led to the […]
HONG KONG, China (AFP) — Asian markets rallied Monday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war. After high-level talks in Washington, the two economic superpowers revealed a deal had been hammered out, ending months of tension that have sent financial markets into a frenzy. Treasury Secretary Steven Mnuchin told Fox News on Sunday “right now we have […]
