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HONG KONG, China (AFP) — Technology and energy firms were the biggest losers as Asian markets tumbled on Wednesday, extending a retreat across Europe and New York. A global equity rally has hit the buffers this week as the US probe into Russia’s alleged election meddling sows uncertainty, Britain struggles to reach a Brexit deal with the European Union and traders remain cautious about Washington’s ability to push through tax cuts. A key drag for […]
NEW YORK, United States (AFP) — Global stock markets retreated Friday, extending the previous session’s losses, as uncertainty over US President Donald Trump’s much-vaunted tax cuts and lackluster corporate earnings took their toll on investor confidence. At the close of the trading day in New York, the Dow Jones Industrial Average snapped an eight-week winning streak, closing 0.2 percent lower, while the broad S&P 500 and tech-dominated Nasdaq were essentially flat. Senate Republicans on Thursday released a […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Thursday as investors snapped up shares at bargain prices after the previous day’s fall, and as the market gained support from rallies on Wall Street. The benchmark Nikkei 225 index edged up 0.37 percent, or 84.08 points, to 22,997.90 in early trade while the broader Topix index was up 0.30 percent, or 5.47 points, at 1,823.07. Mitsubishi UFJ rose modestly at the open on reports it would […]
TOKYO, Japan (AFP) —Tokyo’s benchmark stock index extended a record winning streak on Monday as Japanese Prime Minister Shinzo Abe’s victory in a snap election pushed the yen down and boosted exporters. The Nikkei 225, which on Friday posted a 14th straight day of gains to match a record set in 1961, added 1.15 percent, or 246.51 points, to sit at 21,704.15 in early trade. The broader Topix index was up 0.96 percent, or 16.70 points, […]
TOKYO, Japan (AFP) — Tokyo stocks ended flat Friday morning following the benchmark index posted its longest string of gains in nearly 30 years, while Nissan dropped after it suspended production citing an inspection scandal. The Nikkei 225 inched up 3.26 points to 21,451.78 by the break, while the broader Topix index was just 0.35 points higher at 1,730.39. “There is no surprise to see profit-taking,” said Hikaru Sato, senior technical analyst at Daiwa Securities. […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Thursday, helped by a tailwind from an upbeat Wall Street and a cheaper yen, as traders begin to factor in this weekend’s election in the world’s third-biggest economy. The benchmark Nikkei 225 index rose 0.39 percent, or 82.33 points, to 21,445.38 in early trade, while the broader Topix index was up 0.30 percent, or 5.18 points, at 1,729.82. The dollar was higher at 113.05 yen in early […]
by John Biers Agence France-Presse NEW YORK, United States (AFP) — A strong forecast from retail behemoth Wal-Mart propelled the Dow to a fresh record Tuesday, while the Catalan political crisis in Spain weighed on European equity markets. Wal-Mart Stores surged 4.5 percent after projecting fiscal 2019 sales would rise at or above three percent following a deeper push into e-commerce. The retail giant also announced a $20-billion share repurchase program. Wal-Mart’s gain helped lift the Dow […]
by Ben Perry Agence France-Presse NEW YORK, United States (AFP) — European stock markets were mixed Monday as investors were looking for fresh clues on Brexit talks from a speech by embattled British Prime Minister Theresa May. The euro meanwhile held firm in the face of mounting pressure against Catalonia’s push to break away from Spain, while US stocks retreated as a nine-day streak of Nasdaq gains ended. In an address to parliament, May said she expected “leadership […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index ended flat Thursday morning, losing most of its early gains as profit-taking overshadowed fresh records on Wall Street and a cheaper yen. The Nikkei 225 ticked up 6.41 points to 20,633.07 by the lunch break, after closing at its highest level in more than two years on Wednesday. Tokyo’s broader Topix index reversed course to end the session down 0.07 percent, or 1.14 points, at 1,683.42. The […]
TOKYO, Japan (AFP) — Tokyo stocks opened modestly higher on Monday, tracking gains on Wall Street as the Bank of Japan’s Tankan survey showed business confidence hitting its highest level in a decade. The benchmark Nikkei 225 index rose 0.16 percent, or 32.65 points, to 20,388.93 in early trade while the broader Topix index was up 0.13 percent, or 2.21 points, at 1.676.96. Ten minutes before the opening bell in Tokyo, the central bank’s Tankan […]
TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Tuesday on a stronger yen as investors snapped up the safe haven currency following the latest flare-up between Washington and North Korea. The bellwether Nikkei 225 index fell 0.22 percent, or 43.99 points, to 20,353.59 in early trade, while the broader Topix index was down 0.08 percent, or 1.30 points, at 1,671.52. Okasan Online Securities said in a commentary that Japanese shares were following Wall Street […]
TOKYO, Japan (AFP) — Tokyo stocks dropped Tuesday morning, with investors keeping a nervous eye on any fresh developments in the North Korea nuclear crisis. Traders stayed on alert as South Korea said there were signs the North was preparing another rocket launch, possibly an intercontinental ballistic missile similar to the one fired over Japan last week. Tensions on the Korean peninsula spiked after Pyongyang conducted its sixth nuclear test on Sunday — sparking global […]
