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HONG KONG, China (AFP) — Asia markets tumbled Friday to end two days of gains as traders digested a host of disappointing corporate results and a fall in United States technology stocks dented optimism. Despite yet another Dow Jones record Thursday, Tokyo, Hong Kong and Shanghai were all down Friday, with sharp falls recorded in Seoul and Sydney. The tech-heavy Nasdaq’s streak of all-time high closes ended Thursday with Apple, Google-parent Alphabet and Netflix shares […]
HONG KONG, China (AFP) — Major Asian markets gained Thursday but the dollar struggled after the previous day’s losses when the Federal Reserve’s tepid inflation outlook fueled speculation it will hold off further United States rate hikes this year. Regional traders tracked fresh Wall Street records on optimism about corporate earnings as a host of big names disclosed results Tokyo, Hong Kong and Sydney all rose while Seoul was boosted by Samsung Electronics forecast-beating, record-breaking […]
NEW YORK, United States (AFP) — Wall Street finished split on Monday, with the Dow and S&P 500 lower, while the Nasdaq closed at a fresh all-time high. The tech-heavy Nasdaq was drawn higher in anticipation of earnings from Google-parent Alphabet after the close, which handily beat analyst expectations, but saw its share price fall in after-hours trading. The Nasdaq rose 0.4 percent to reach a new record finish at 6,410.81, the fourth record in […]
TOKYO, Japan (AFP) — Tokyo stocks ended Tuesday morning in negative territory as a strong yen hit exporters and banks following a three-day weekend in Japan. The benchmark Nikkei 225 index fell 0.63 percent, or 127.00 points, to 19,991.86 by the break, falling below the key 20,000 level, while the Topix index of all first-section issues was down 0.56 percent, or 9.14 points, to stand at 1,616.34. © Agence France-Presse
NEW YORK, United States (AFP) — Wall Street stocks finished little changed Monday at the start of a week dominated by earnings from Bank of America, Netflix and other giants. Equities paused in a quiet session after both the Dow and S&P 500 finished at records on Friday following solid earnings from JPMorgan Chase and other large banks. Bank of America and Goldman Sachs report results early Tuesday, while IBM, Visa and General Electric will […]
NEW YORK, United States (AFP) — London’s stock market rebounded Monday, with miners buoyed by solid Chinese economic growth figures, while eurozone indices were steady to slightly lower. Asia equities mostly increased in value following another record close on Wall Street before the weekend. United States stocks were essentially flat to start the week, with the Dow and S&P 500 retreating a bit from Friday’s records, but the the Nasdaq edging higher ahead of a […]
HONG KONG, China (AFP) — Asian traders headed into the weekend cautiously on Friday following a broadly positive week across global equity markets after Federal Reserve chief Janet Yellen indicated a softer approach to raising United States interest rates. The Dow on Wall Street posted a second-successive record as investors cheered the more dovish tone from the central bank, which has been moving to tighten monetary policy as the world’s top economy continues to pick […]
HONG KONG, China (AFP) — Asian markets surged on Thursday, extending a global rally that saw another record on Wall Street after the head of the Federal Reserve indicated it would take a gradual approach to raising United States interest rates. In closely watched testimony to Congress, Janet Yellen said the central bank would keep lifting borrowing costs as long as the world’s top economy showed improvement, taking into account inflation remained below its two […]
TOKYO, Japan (AFP) — Tokyo stocks opened flat on Tuesday as markets waited for fresh clues on the global economy and United States central bank policy, and as the yen’s recent falls came to a halt. Investors were awaiting US Federal Reserve chief Janet Yellen’s testimony Wednesday for insight into the powerful institution’s policy direction, analysts said. Yellen will update lawmakers on the outlook for the US economy and her expectations for additional interest rate increases […]
NEW YORK, United States (AFP) — Rising oil prices and investor appetite for financial stocks helped boost most major United States and European equities on Monday while the dollar rebounded on exchange markets ahead of the July 4 holiday in the US. On a shortened trading day, Wall Street finished mixed, with the blue-chip Dow and the S&P both a hair’s breadth below record closes while faltering tech stocks took the Nasdaq lower. The Dow […]
TOKYO, Japan (AFP) — Tokyo shares opened higher Tuesday as the yen’s fall boosted exporters including Toyota and Panasonic, while markets awaited Federal Reserve chair Janet Yellen’s speech later in the day. Tokyo’s benchmark Nikkei 225 index rose 0.46 percent, or 92.01 points, to 20,245.36 in morning trading, while the Topix index of all first-section issues gained 0.45 percent, or 7.31 points, to 1,619.52 yen. In currency markets, the dollar firmed to 111.92 yen, against […]
TOKYO, Japan (AFP) — Tokyo stocks slipped Thursday morning with troubled airbag supplier Takata diving by more than half as it appeared to be headed for bankruptcy court. The benchmark Nikkei 225 index lost 0.10 percent, or 20.54 points, to sit at 20,118.25 by the break, while the Topix index of all first-section issues edged down 0.03 percent, or 0.42 points, to 1,611.14. © Agence France-Presse
