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HONG KONG, China (AFP) — Asian markets saw in March with sharp losses on Thursday, extending a global sell-off on US interest rate hike fears, with energy firms taking another hit from plunging oil prices. After a couple of weeks of calm, the volatility that kicked off February has returned on worries that the strong US economy and Donald Trump’s tax cuts will lead the Federal Reserve to tighten borrowing costs more than previously thought. […]
TOKYO, Japan (AFP) — Tokyo shares fell Monday as technology shares took a hit, but news of a baby panda’s birth at a Tokyo zoo sent shares in a local restaurant skyrocketing some 38 percent. The benchmark Nikkei 225 slipped 0.52 percent, or 104.68 points, to 19,908.58 while the Topix index of all first-section issues was flat, edging down 0.01 percent, or 0.11 points, to 1,591.55. © Agence France-Presse
(Reuters) Analyst said on Wednesday (July 8) that the measures taken by Chinese authorities to support its tumbled stock markets were seen as “backsliding” from its greater financial reform. Chinese stocks continued plunging on Wednesday after the country’s securities regulator warned investors were in the grip of “panic sentiment” and the market showed signs of freezing up as firms scrambled to escape the rout by having their shares suspended. “It’s very bad. It could […]
