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HONG KONG, China (AFP) — Asian markets enjoyed broad gains for a third day on Wednesday but investors moved more cautiously as they took stock of the latest trade developments and looked to possible headwinds. New York provided another record lead on lingering optimism after the United States and Mexico agreed on a revised free-trade deal and Canada began talks that could see them join. However, while the news was seen as a much-needed boost […]
TOKYO, Japan (AFP)–Tokyo stocks closed lower on Monday as investors retreated to the sidelines to wait for the outcome of US-China trade talks later this week. The benchmark Nikkei 225 index fell 0.32 percent, or 71.38 points, to 22,199.00 while the broader Topix index was down 0.32 percent, or 5.38 points, at 1,692.15. “The market is caught between hopes and worries,” said Mutsumi Kagawa, chief global strategist at Rakuten Securities. “The hopes are about possible […]
TOKYO, Japan (AFP)–Tokyo stocks opened slightly higher on Wednesday after the Turkish lira rebounded but investors continued to keep a nervous eye on Turkey’s currency crisis. The benchmark Nikkei 225 index gained 0.09 percent or 20.78 points to 22,376.86 in early trade while the broader Topix index was up 0.21 percent or 3.53 points at 1,714.58. Wall Street advanced on Tuesday as Turkey’s lira recovered some ground. But investors were watching closely after the […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Friday as investors awaited the outcome of US-Japan trade talks while shrugging off solid Japan growth data. The benchmark Nikkei 225 index slipped 0.17 percent or 38.99 points to 22,559.40 in early trade while the broader Topix index was down 0.22 percent or 3.82 points at 1,736.34. “On top of the US-China trade row, Japan-US trade negotiations are underway in Washington, making investors cautious,” said Mutsumi Kagawa, chief […]
TOKYO, Japan (AFP)–Tokyo stocks opened fractionally higher Tuesday following overnight gains on Wall Street, as investors searched for fresh news to move the market. The benchmark Nikkei 225 index rose 0.06 percent, or 14.27 points, to 22,521.59 in early trade while the broader Topix index was up 0.04 percent, or 0.63 points, at 1,733.53. With a dearth of major incentives, players will likely cherry pick selective shares like companies with strong earnings, before turning their […]
by John Biers / with Glenn Chapman in San Francisco Agence France-Presse NEW YORK, United States (AFP) — Apple — the culture-changing company behind the iPod, iPhone and iPad — hit another milestone on Thursday, becoming the first private-sector company to surpass $1 trillion in market value. Shares of Apple finished the formal Wall Street trading day at $207.39, topping the magic number two days after the California tech giant reported strong quarterly earnings. The […]
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 […]
(AFP) — Asian markets on Thursday recovered from the previous day’s hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war with China. While investors remain on edge about a damaging standoff between the world’s two economic superpowers, there are hopes the two sides will avoid an escalation despite Donald Trump threatening tariffs on a further $200 billion of […]
NEW YORK, United States (AFP) – Twitter shares tumbled Monday on concerns the social media’s efforts to crack down on fake accounts would affect its user base, and potentially its finances. At 1810 GMT, shares of the social media company were down 6.0 percent at $43.89 after earlier shedding almost 10 percent. The decline follows a report late Friday in the Washington Post that described how Twitter’s greater scrutiny of user data had resulted in […]
TOKYO, Japan (AFP)–Tokyo’s benchmark Nikkei 225 index closed lower on Wednesday as high tech shares dropped sharply tracking falls on Wall Street. The Nikkei ended down 0.31 percent or 68.50 points at 21,717.04 yen while the broader Topix index edged up 0.03 percent or 0.45 points to close at 1,693.25. Analysts said tech shares suffered partly due to news that a Chinese court temporarily banned US firm Micron Technology from selling its products. Investors were […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Wednesday tracking falls on Wall Street that were led by weakness in tech shares as trade war worries linger. The benchmark Nikkei 225 index fell 0.39 percent or 85.21 points to 21,770.33 in early trade, while the broader Topix index was down 0.24 percent or 4.07 points at 1,688.73. Analysts said tech shares suffered partly due to news that a Chinese court temporarily banned US Micron Technologies […]
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. © […]
