TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday, tracking gains on Wall Street last week as higher oil prices lifted energy shares. US stocks rose on Friday, recovering losses sustained earlier in the week on worries about President Donald Trump’s growth agenda in the wake of burgeoning investigations of the White House. The White House has been thrown into turmoil by a succession of stunning allegations against the president. James Comey, the former […]
Tag: Market
Global stocks hit records as oil prices rally
by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Equity markets in Frankfurt, London and New York ended at fresh records Monday, lifted by a rally in oil prices that boosted energy shares and by upbeat German election news. World oil prices leapt after oil ministers from Saudi Arabia and Russia — the world’s two biggest oil producing nations — declared Sunday that they would consider extending an output cut into 2018. […]
Tokyo stocks jump 1.35% after Macron wins French presidency
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index rose 1.35 percent at the start Monday after pro-European centrist Emmanuel Macron swept his far-right rival Marine Le Pen in the French presidential election. The Nikkei 225 added 263.31 points to sit at 19,709.01, while the broader Topix index of all first-section shares climbed 1.22 percent, or 18.85 points, to 1,569.15. Markets breathed a sigh of relief as the vote result effectively eliminates any risk of France […]
Tablet market extends slide as consumer habits shift
WASHINGTON, United States (AFP) — The tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines, market surveys showed Thursday. IDC reported an 8.5 percent drop in global tablet shipments to 36.2 million. This was the 10th straight quarterly decline for tablets, IDC said. A separate survey by Strategy Analytics pegged the decline for the quarter at 10 percent. IDC analyst Ryan Reith said […]
Tokyo stocks up by break on weaker yen
TOKYO, Japan (AFP) — Tokyo stocks rose Tuesday morning ahead of a string of holidays in Japan, with a weak yen boosting exporters while Donald Trump looked to ease tensions with North Korea by saying he would be “honored” to meet Kim Jong-Un. Trump said he would be hold talks with Kim under the right conditions, dialling back earlier threats of military action against the regime in Pyongyang. Tokyo’s benchmark Nikkei 225 index edged up […]
Stock markets soft as growth data disappoint
by John BIERS Agence France Presse NEW YORK, United States (AFP) — Global stocks dipped Friday following lackluster American, British and French economic growth data, as worries about North Korea and other geopolitical hotspots weighed on investor sentiment. Analysts said traders were edgy about North Korea after President Donald Trump was quoted as saying there was “a chance” of “a major, major conflict” with the country. Art Hogan, chief market strategist at Wunderlich Securities, said […]
Asian markets go into reverse with questions over Trump tax plan
HONG KONG, China (AFP) — Asian markets took a step back Thursday after a four-day rally, tracking a weak lead from Wall Street, as traders assess the chances of Congress passing Donald Trump’s massive tax cuts. As expected, the administration unveiled plans to slash corporate and individual rates but there were few details and there are questions over how the measures will be paid for. The proposals are part of a wide-ranging plan to fire […]
Tokyo shares up 1.4% as centrist Macron leads French presidential race
TOKYO, Japan (AFP) — Tokyo’s benchmark index jumped 1.4 percent on Monday as investors cheered news that pro-European Emmanuel Macron has taken a lead over far-right candidate Marine Le Pen in the French presidential race. The Nikkei 225 added 270.21 points to sit at 18,890.96 in the first few minutes of trading, while the broader Topix index of all first-section issues rose 1.25 percent, or 18.66 points, to 1,507.24. © Agence France-Presse
Samsung’s Galaxy S8 hits stores; aims to move on from recall crisis
SEOUL, South Korea (AFP) — Samsung’s new Galaxy S8 went on sale over the counter in South Korea Friday as the world’s biggest smartphone maker seeks to move on from a disastrous handset recall and corruption scandal that has hammered its once-stellar reputation. The device, unveiled in New York last month and a challenge to Apple’s iPhone, is the firm’s first major launch since last year’s humiliating withdrawal of the Galaxy Note 7 over exploding […]
Tokyo shares open higher after Wall Street gains
TOKYO, Japan (AFP) — Tokyo shares opened higher Friday following gains on Wall Street on renewed hopes for United States tax cuts. The Nikkei 225 rose 0.83 percent or 153.89 points to 18,584.38 in the opening minutes of trading, while the Topix index of all first-section issues rose 0.84 percent, or 12.38 points, to 1,485.19.
Asian markets fall on global uncertainty; pound holds rally
HONG KONG , China (AFP) — Asian markets turned lower Wednesday following a negative lead from Wall Street and Europe, with analysts saying Britain’s shock decision to call a snap election added to global uncertainties. The pound held on to its gains after Prime Minister Theresa May announced a snap poll for June 8 as she looks to cement a mandate heading into key Brexit talks with her European Union counterparts. The move comes as France […]
Tokyo shares open lower after US strike on Afghanistan
TOKYO, Japan (AFP) — Tokyo shares opened lower Friday on rising geopolitical fears after the US military dropped a massive bomb in Afghanistan, adding to tensions over the Middle East and the Korean peninsula. Tokyo’s benchmark Nikkei 225 index fell 0.11 percent, or 19.66 points, to 18,407.18 in first minutes of trading, while the Topix index of all first-section issues lost 0.49 percent, or 7.18 points, at 1,461.13. © Agence France-Presse





