Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
NEW YORK, United States (AFP) — Global stocks struck a triumphant note on Monday, rising solidly ahead of an event-packed trading week. The wave of higher results began in Asia, where Tokyo’s main stocks closed up more than one percent, followed by solid gains in Europe and even stronger advances in New York. The gains helped take another bite out of the big losses suffered at the start of February when fears of US inflation […]
by Roland Jackson Agence France Presse LONDON, United Kingdom (AFP) — Panic gripped trading floors across the world on Tuesday, with Asia and Europe plunging after record-breaking losses on Wall Street, as investors fretted over the prospect of rising US interest rates and took profits following months of markets euphoria. The selloff began last Friday when bright US non-farm payrolls data sparked fears that inflation will surge this year — and that the Federal […]
HONG KONG, China (AFP) — Most Asian markets resumed their positive start to the year on Friday with Hong Kong extending its record run to 14 days while the euro held gains after the previous day’s jump. Investors were once again provided a strong lead from Wall Street where all three main indexes advanced to new all-time highs, with energy firms riding a surge in oil prices. Confidence across world markets is booming on the […]
HONG KONG, China (AFP) — Asian equities continued their positive start to the year on Wednesday following more record closes on Wall Street, but the dollar faced further selling pressure. Analysts warned that global markets could face an uncertain year as Donald Trump’s tax cuts have already been priced into valuations, while central banks are on course to start winding back on years of cheap money. Investors have kicked off 2018 off in buoyant […]
TOKYO, Japan (AFP) — Confidence among Japan’s biggest manufacturers is at an 11-year high, a key central bank survey showed Friday, as the world’s number-three economy picks up pace. The Bank of Japan’s Tankan report — a quarterly survey of more than 10,000 companies — showed a reading of 25 among major manufacturers in its December survey, the highest since its December 2006 poll. The report, the broadest indicator of how Japan Inc is faring, […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday, tracking fresh record highs on Wall Street as the yen remained weaker against the dollar. The benchmark Nikkei 225 index rose 0.36 percent, or 81.23 points, to 22,892.31 in early trade, while the broader Topix index was up 0.28 percent, or 5.11 points, at 1,808.84. “Investors continued to buy on the dip as sentiment has been buoyed by fresh highs in New York,” said Toshikazu […]
HONG KONG, China (AFP) — Asian stocks mostly fell Monday morning, as US President Donald Trump lashed out at “not fair and open” trade practices and China’s central bank governor warned of excessive debt. Trump began his marathon Asia tour in earnest Monday by criticising the trade relationship with Japan, saying that the close Washington ally had been “winning” for decades at the expense of the United States. In particular, Trump’s criticism of “massive trade […]
LONDON, United Kingdom (AFP) — The Paris stock market rebounded at the start of trading on Tuesday after sliding the previous session in the wake of Emmanuel Macron’s French presidential victory. The Paris CAC 40 index gained around 0.4 percent to 5,404.14 points at the open compared with Monday’s close. The French index had slid almost one percent by the close on Monday as investors quickly looked beyond Macron’s victory to bet on whether the pro-EU […]
by Hiroshi HIYAMA Agence France Presse TOKYO, Japan (AFP) — The euro rose sharply Monday as markets breathed a sigh of relief over French presidential election projections that showed centrist candidate Emmanuel Macron taking a lead over far-right eurosceptic Marine Le Pen. In early Asian trading, the European single currency was at $1.0879, against $1.0726 on Friday at 2100 GMT. It had run up as high as $1.0937 earlier, up about two percent from Friday. […]
Japan’s Nikkei share average tumbled 4 percent on Thursday (January 14) morning after Wall Street languished on worries about weak oil prices and a slowdown in the global economy, battering global cyclical stocks such as exporters. The Nikkei 225 stumbled 3.7 percent to 17,063.21 in mid-morning trade after hitting as low as 17,004.12, the lowest since late September of 2015. If the benchmark index falls below 16,901.49, an intraday low marked on September 29, 2015 […]
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks as investors worried over the extent of China’s economic slowdown and its impact on emerging markets. MSCI’s broadest index of Asia-Pacific shares outside Japan edged 0.4 percent higher but still stood near a four-year low touched on Monday, and was still down more than 8 percent since the start of 2016. It fell 12 percent […]
China’s stock markets opened high on Friday after trading was halted early in the previous day as a seven-percent drop triggered the newly-introduced circuit breaker mechanism. The benchmark Shanghai Composite Index opened up 2.23 percent at 3,194.63 points Friday morning while the smaller Shenzhen index opened at 11,008.89 points, 2.31 percent up. Trading was halted for the day on the Shanghai and Shenzhen stock markets on Thursday morning after shares tumbled over seven percent and […]
