Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
HONG KONG, China (AFP) — Asian markets mostly fell Monday with technology firms extending last week’s sharp losses, following another plunge in Apple as investors fret over the once-lucrative smartphone sector. News Saturday that North Korean leader Kim Jong Un had called a halt to nuclear tests and intercontinental missile launches — ahead of a planned summit with Donald Trump — was unable to provide enough support. With attention now turning to earnings from […]
HONG KONG, China (AFP) — Asian markets enjoyed another day of gains Thursday as energy firms tracked a surge in oil prices, while fears over Syria and a possible China-US trade war eased. Fresh hopes that Donald Trump and North Korea’s leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism. Both main crude futures rallied almost three percent Wednesday on the back of data showing a drop in […]
HONG KONG, China (AFP) — Asian markets mostly rose on Tuesday following news that China’s economy grew more than expected in the first three months of the year, but trade and geopolitical tensions continue to dog sentiment. Investors in Hong Kong and China reversed initial losses to swing back to positive territory after data showed the world’s number two economy expanded in January-March at the same rate as the previous three months. The 6.8 percent […]
HONG KONG, China (AFP) — Asian markets mostly rose Friday as Donald Trump soothed concerns about military action in Syria while also sparking hopes the US could rejoin a massive Pacific-wide free-trade pact. The US president on Wednesday sent shudders across trading floors when he warned “missiles will be coming” to Syria in response to an alleged chemical attack by the Russia-backed regime, fuelling fears of a stand-off between the major powers. But he tempered […]
HONG KONG, China (AFP) — Asian stocks dropped sharply at the open Tuesday, following Wall Street lower as fears of a trade war between the United States and China battered market sentiment. Tokyo led the declines, with the benchmark Nikkei 225 index shedding 1.51 percent in early trade. China followed suit, with the main Shanghai Composite Index falling 1.05 percent. Seoul was down more than half a percentage point and Hong Kong was off one […]
TOKYO, Japan (AFP) — Asian stock markets edged up in thin holiday trade on Monday, with investors buoyed by gains on Wall Street despite ongoing concern about volatility. Tokyo followed Wall Street’s narrowly positive close, with the benchmark Nikkei 225 index up 1.33 percent, or 288.76 points, to 22,009.01 at the break. The broader Topix index was up 1.58 percent, or 27.40 points, at 1,764.77. However, trading was generally subdued in the region as many […]
HONG KONG, China (AFP) — Asian markets mostly rose on Monday as investors cautiously edged back into buying after last week’s global rout, with confidence lifted by a rally on Wall Street but analysts warned of further volatility. After a stellar 2017 and a January that saw record and multi-year highs around the world, traders are scurrying to the hills this month as a strong economic outlook — particularly in the US — healthy corporate […]
TOKYO, Japan (AFP) — Tokyo stocks dropped more than three percent on Friday after European and US stocks suffered big drops as volatility continued to dog equity markets. The benchmark Nikkei index fell 3.19 percent, or 698.26 points, to 21,192.60 in early trade, while the broader Topix index was down 3.05 percent, or 53.88 points, at 1,711.81. “Investors are discouraged by a higher yen and plunges in European and US stocks,” Yoshihiro Ito, chief strategist […]
NEW YORK, United States (AFP) — Wall Street tumbled back into sell-off mode Thursday, with the Dow plunging more than 1,000 points as worries over interest rate hikes continued to drag the market down. The Dow Jones Industrial Average plummeted 4.2 percent to 23,860.46. The broad-based S&P 500 sank 3.8 percent to 2,581.00, while the tech-rich Nasdaq Composite Index plunged 3.9 percent to 6,777.16. With Thursday’s losses, the Dow and S&P 500 have now fallen […]
HONG KONG, China (AFP) — Asian markets tumbled on Monday after US stocks were pummelled at the end of last week, with traders fretting that a surging US economy will lead to sharp interest rate hikes by the Federal Reserve. The selling was also fuelled by profit-taking after a blistering January that saw several indexes strike record or multi-year highs, while tech firms took a hit from disappointing reports by Apple and Google parent Alphabet. […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Thursday, supported by modest gains on Wall Street with investor focus shifting to a number of upcoming corporate earnings announcements. The benchmark Nikkei 225 index, which fell for the sixth straight day on Wednesday, gained 0.70 percent, or 162.57 points, to 23,260.86 in early trade, while the broader Topix index was up 0.59 percent, or 10.88 points, at 1,847.59. The dollar fetched 109.19 yen in Asian […]
HONG KONG, China (AFP) — Tokyo and Hong Kong led another rally across Asian markets on Tuesday, extending a global advance at the start of 2018 with traders optimistic heading into the earnings season. While there were limited concerns about its likely economic impact, a deal in Washington that ended a US government shutdown also removed uncertainty and provided further support. Democrats on Monday agreed to a Republican deal that brought an end to the […]
