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TOKYO, Japan (AFP) — Tokyo stocks opened lower on Monday, weighed down by investor caution over US trade tensions with Canada and China. The benchmark Nikkei 225 index lost 0.21 percent or 48.60 points to 22,816.55 in early trade while the broader Topix index was also down 0.21 percent or 3.64 points at 1,731.71. After American markets closed mixed on Friday, news emerged that US-Canada talks ended without an agreement on rewriting the North American […]
HONG KONG, China (AFP) — Most Asian markets fell Thursday, with investors unable to build on another record close on Wall Street, instead taking profits after a strong week. New York’s indexes powered ahead as news that Canada and the United States were close to a fresh deal that would revive the North American Free Trade Agreement coincided with better-than-expected US growth and a possible breakthrough in Brexit talks. The pound and euro were also […]
Asian markets mostly rose Wednesday before keenly awaited trade talks between China and the United States, while early worries over a double whammy for Donald Trump also eased. While not expecting a major deal when officials from Beijing and Washington meet, investors are hopeful they can find a way out of the months-long row that has seen tariffs imposed on billions of dollars of goods and stock markets tumble. Recent comments from US Commerce Secretary […]
NEW YORK, United States (AFP) — Wall Street stocks finished lower Monday amid worries the Turkish currency crisis will spread to other emerging economies. The Dow Jones Industrial Average shed 0.5 percent to close at 25,187.70. The broad-based S&P 500 fell 0.4 percent to 2,821.93, while the tech-rich Nasdaq Composite Index fell 0.3 percent to 7,819.71. The declines in the US came after other leading equity bourses in Asia and Europe also pulled back as […]
HONG KONG, China (AFP) — Asian equities were mixed on Friday after another painful week as fears of an all-out trade war between Beijing and Washington keep investors on edge, while China’s stock market was toppled by Japan as the world’s number two. While Apple provided a boost for Wall Street after hitting the $1 trillion market capitalization mark, the prospect of the world’s top two economies exchanging painful tariffs on hundreds of billions […]
HONG KONG, China (AFP) — Asian markets advanced Friday, with Shanghai gaining two percent as China’s weak yuan currency defied US President Donald Trump’s criticism of a strong dollar and Fed rate hikes. Trump, in part of an interview aired by US television network CNBC, broke with the long-established executive branch practice of not commenting on the Federal Reserve’s decisions out of respect for its independence. “I’m not thrilled,” Trump told the network in […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Thursday, partly supported by a cheaper yen against the dollar. The benchmark Nikkei 225 index advanced 0.40 percent, or 88,54 points, to 22,020.75 in early trade, while the broader Topix index was up 0.32 percent, or 5.46 points, at 1,707.34. The dollar fetched 112.06 yen in early Asian trade, against 112.03 yen in New York and 111.05 yen in Tokyo on Wednesday. “Japanese shares are seen […]
SHANGAI, China (AFP)–Chinese stocks opened slightly lower on Monday following data showing a drop in Chinese factory activity and ahead of the expected imposition of US tariffs later in the week. The benchmark Shanghai Composite Index slipped 0.21 percent, or 5.84 points, to 2,841.58, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged down 0.09 percent, or 1.40 points, to 1,606.22. Hong Kong markets are closed for a public holiday. © […]
HONG KONG, China (AFP) — Asian markets fell Monday as fears of a global trade war continue to dog investors, with Donald Trump threatening fresh tariffs on European cars and reports he is considering curbs on Chinese investment in the US. There was little sign of relief after equities suffered a pummelling last week in response to tit-for-tat warnings by Beijing and Washington, which has fuelled concerns about the potential damage to the world economy. […]
TOKYO, Japan (AFP) — Tokyo stocks opened flat on Monday with worries over a US-China trade war partly offset by optimism about the US economy. The benchmark Nikkei 225 index edged up just 0.20 points to 22,517.03 in early trade, while the broader Topix index was down 0.11 percent or 1.95 points at 1,742.88. Falls in Japanese shares come after world stock markets mostly climbed Friday despite rising trade tensions, with the Dow snapping an […]
HONG KONG, China (AFP) — Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures. Trump said he had asked the US Trade Representative to identify $200 billion worth of imports to be targeted, adding he would hit a further $200 billion if Beijing retaliates. Investors were already on edge after the world’s […]
HONG KONG, China (AFP) — Asian markets fluctuated Monday after the Group of Seven meeting ended with deep divisions between the US and its allies, while investors are looking ahead to Donald Trump’s summit with North Korean leader Kim Jong Un. While the historic gathering in Singapore is the big story of the week, key central bank decisions in the US and Europe will also be closely followed. Trump pulled out of endorsing a joint communique […]
