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TOKYO, Japan (AFP) — Tokyo stocks closed lower on Thursday as investors worried about mounting tensions in the US-China trade row and a political flare-up between Rome and Brussels. The benchmark Nikkei 225 index fell 0.29 percent, or 60.84 points, to 20,942.53 while the broader Topix index was also down 0.29 percent, or 4.43 points, at 1,531.98. Tokyo shares opened lower following a negative lead from Wall Street on growing concern about the trade spat. […]
HONG KONG, China (AFP) — Asian shares were mostly up Tuesday as investors watched key US-China trade talks aimed at averting punitive tariffs which could slow the global economy, and a weak yen boosted exporters. Markets were also lifted by a tentative deal to avert a new government shutdown. Initial trade talks are under way in Beijing, and top-level negotiations are set for Thursday and Friday, as the deadline looms for a deal to prevent […]
TOKYO, Japan (AFP) — Tokyo shares closed marginally higher on Tuesday after being dragged down by worries about the Chinese economy amid trade tensions with the United States. The Nikkei 225 index edged up 0.08 percent, or 15.64 points, to end at 20,664.64 while the broader Topix index was up 0.10 percent, or 1.58 points, at 1,557.09. Wall Street started the week lower on disappointing earnings reports by Caterpillar and tech firm Nvidia that underscored […]
by Luc OLINGA Agence France-Presse NEW YORK, United States (AFP) — Struggling with a sagging stock price and sluggish sales, US car giant Ford took steps to regain its footing this week with the announcement of a massive restructuring effort in Europe — even as it prepared for an imminent strategic partnership with German carmaker Volkswagen. The iconic American brand will roll out a major reorganization of its European operations to boost profitability, including thousands […]
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 […]
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 […]
by Rosa SULLEIRO Agence France-Presse SAO PAULO, Brazil (AFP) — Brazil’s stock market closed at a record high on Wednesday, one day after new President Jair Bolsonaro took office and in anticipation of economic reforms his government is expected to implement. The Ibovespa index in Sao Paulo’s stock market finished 3.56 percent up at 91,012 points. Markets were closed on Tuesday for the January 1 holiday. Hopes of a turnaround for Latin America’s biggest economy, […]
TOKYO, Japan (AFP) – Shares in the mobile unit of Japanese technology giant SoftBank resumed steep declines Thursday on their second trading day after a bruising debut saw stocks close 14.5 percent lower. In early exchanges, shares in SoftBank Corp were down 7.6 percent at 1,183 yen as heavy selling dominated at the opening bell. The IPO price was 1,500 yen. The shares were 8.3 percent down at their lowest level before bouncing slightly. That […]
HONG KONG, China (AFP) — Asian markets mostly rose Thursday, with Hong Kong and Shanghai rallying on hopes for an easing of the China-US trade war, while energy firms also enjoyed a much-needed bounce as oil prices stabilised. The pound also held up after British Prime Minister Theresa May narrowly won support for her Brexit deal from cabinet members, though Apple suppliers faced renewed selling. Fears about the trade war, rising Federal Reserve interest rates, […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index dropped more than 1.8 percent on Monday, with pessimism over Japan-US trade negotiations and an expected tax hike weighing on the Japanese market. The Nikkei 225 index fell 1.87 percent or 423.36 points to close at 22,271.30, while the broader Topix index was down 1.59 percent or 27.01 points at 1,675.44. The declines came after US Treasury Secretary Steven Mnuchin said during the weekend the US wants […]
by Richard CARTER Agence France-Presse TOKYO, Japan (AFP) — Asian stock markets rallied Friday after two days of ferocious selling sparked by higher US interest rates, trade war fears and attacks by President Donald Trump on his “crazy” central bank. Tokyo closed near half a percentage point higher after a see-saw session that saw it open in the red but quickly pare losses. Elsewhere in Asia, China’s benchmark Shanghai Composite climbed by 0.5 percent after […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Friday, with falls in US high-tech shares and a higher yen weighing on the market. The benchmark Nikkei index fell 0.58 percent or 129.42 points to 22,358.52 in early trade, while the broader Topix index was down 0.44 percent or 7.38 points at 1,685.03. The dollar fetched 110.42 yen in early Asian trade, 110.86 yen in New York in New York late Thursday. “Falls in US high tech […]
