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Tokyo, Japan (AFP) — Tokyo stocks rose moderately Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index, which jumped 2.44 percent on Monday, added 0.82 percent or 165.07 points to close at 20,204.04 while the broader Topix index was up 0.39 percent or 5.90 points at 1,518.43. US shares pushed higher for a second session in a row Monday amid […]
HONG KONG, China (AFP) — Asian markets mostly rose Tuesday with a little more optimism in the air than in recent weeks as China and the US hold trade talks and the Federal Reserve flags a more dovish stance. Wall Street provided another positive lead, extending Friday’s surge, with Chinese monetary easing at the weekend adding to the buying sentiment. Focus is now on Beijing, where Chinese and American officials were holding a second day […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index added 0.82 percent, or 168.82 points, to 20,202.79 in early trade, while the broader Topix index was up 0.55 percent, or 8.25 points, at 1,520.78. The US gains came amid continued relief after Federal Reserve Chair Jerome Powell on Friday […]
HONG KONG, China (AFP) — Asian markets rallied Monday after a blockbuster performance on Wall Street as US jobs data beat forecasts and the head of the Federal Reserve hinted at a slower pace of interest rate hikes. China’s move to make it easier for banks to lend also provided support to equities, while investors keep an eye on Beijing as negotiators begin talks to end a trade war between the world’s top two economies. […]
TOKYO, Japan (AFP) — Tokyo stocks opened up more than 3.0 percent on Monday, following European and US markets that roared last week on strong US data and dovish comments from the Federal Reserve. The benchmark Nikkei 225 index added 3.06 percent, or 598.00 points, to 20,159.96 in early trade while the broader Topix index jumped 3.05 percent, or 44.83 points, to 1,515.99. The robust open in Tokyo came as global investors embraced a strong […]
TOKYO, Japan (AFP) –Tokyo’s key Nikkei index plunged more than two percent on Friday, hit by a surge in the yen and sell-offs on Wall Street amid worries over the US economy. In its first trading session of 2019, the benchmark Nikkei 225 lost 2.26 percent or 452.81 points to close at 19,561.96 as it was catching up with other markets after the New Year’s break. The broader Topix index lost 1.53 percent or 22.93 […]
HONG KONG, China (AFP) — Hong Kong stocks fell again Thursday, extending the previous day’s losses as technology firms were hit by Apple’s decision to slash its revenue forecast for the December quarter citing slowing Chinese sales. The Hang Seng index slipped 0.26 percent, or 65.99 points, to close at 25,064.36. The benchmark Shanghai Composite Index was slightly lower, dipping 0.93 points to 2,464.36, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, […]
SAN FRANCISCO, United States (AFP) – Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected “economic deceleration” in China and emerging markets. The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing. Apple shares slid some 7.6 percent in after-hours trade on the news. The company slashed its revenue guidance for the first fiscal quarter of 2019, ended […]
TOKYO, Japan (AFP) — Japanese shares surged nearly four percent on Thursday, with investors heartened by Wall Street’s best performance in nine years after the White House said Fed Chair Jay Powell would not be fired. Asian markets followed Tokyo’s lead with most showing gains, giving some welcome relief from a lingering global market downturn. Singapore was up 1.4 percent in afternoon trade, Taiwan gained 1.7 percent and Bangkok rose 0.8 percent. Sydney closed up […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index closed more than 3.8 percent higher on Thursday, with investors heartened by Wall Street’s best performance in nine years. The Nikkei 225 index soared 3.88 percent or 750.56 points to close at 20,077.62, while the broader Topix index was up 4.90 percent or 70.16 points at 1,501.63. The rallies came after the Nikkei index lost more than four percent this week amid rising doubts about the US […]
TOKYO, Japan (AFP) — Tokyo stocks closed lower on Friday after two days of rallies as investors locked in profits while awaiting fresh global data for clues on growth in major economies. The benchmark Nikkei 225 index dropped 2.02 percent, or 441.36 points, to end at 21,374.83, while the broader Topix index lost 1.51 percent, or 24.49 points, to 1,592.16. “Trade lacks a sense of direction following mixed US stocks indexes and ahead of fresh […]
TOKYO, Japan (AFP) — Tokyo stocks closed higher on Friday on a report that the US Federal Reserve could soon pause interest rate hikes, news that also boosted US markets. The benchmark Nikkei 225 index ended up 0.82 percent, or 177.06 points, at 21,678.68. Over the week, the index lost 3.01 percent. The broader Topix index gained 0.61 percent, or 9.85 points, to close at 1,620.45. Over the week, the index fell 2.82 percent. “Japanese […]
