Tag: stocks

Tokyo stocks slightly higher in early trade

TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Thursday but then moved into the green, supported by some sound corporate earnings and optimistic views on the global economy. The Nikkei 225 gained 0.29 percent, or 62.34 points, to 21,769.96 in early trade, while the broader Topix index edged up 0.12 percent, or 2.17 points, to 1,753.60. “Even though the 16 straight days of rallies of the Nikkei index stopped, there is no big change in the […]

Hong Kong stocks open lower

HONG KONG, China (AFP) — Shares in Hong Kong fell again at the open on Tuesday following a retreat from record highs in New York and in line with a broad sell-off across Asia. The Hang Seng Index slipped 0.26 percent, or 73.26 points, to 28,232.62. The benchmark Shanghai Composite Index inched down 1.49 points to 3,379.21, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was 0.30 percent, or 5.99 points, lower at 2,006.06. […]

Tokyo stocks open higher after Abe’s big election win

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, […]

PHL largest online stockbroker reports “possible system breach” but assures “integrity” of clients’ “account balances, stock positions”

(Eagle News) — The country’s biggest online stockbroker firm on Friday reported a “possible breach in its system involving some personal client information.” In an e-mail to its clients, Col Financial assured its over 200,000 clients, however, of the “integrity of (their) account balances and stock positions.” It also assured them that their “account transactions have not been compromised.” “In addition, we have internal control procedures that prevent unauthorized withdrawals from your account,” it said. […]

Hong Kong stocks open slightly higher

HONG KONG, China (AFP) — Hong Kong shares opened slightly higher on Tuesday after the previous day’s losses but gains were muted following a weak lead from Wall Street. The Hang Seng Index added 0.15 percent, or 41.88 points, to 28,368.47. But the benchmark Shanghai Composite Index inched down 1.04 points to 3,373.34 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was also virtually flat, dipping 0.62 points to 2,013.81. © Agence France-Presse

European stock markets diverge as traders track Brexit, Spain

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 […]

US stocks edge up, dollar falls as markets eye Trump tax plan

by John Biers Agence France Presse NEW YORK, United States (AFP) — US and European stocks won modest gains Thursday, while the dollar pulled back with some analysts pointing to ebbing optimism about Washington’s ability to enact a tax cut. Wall Street scored significant gains Wednesday after the outline of President Donald Trump’s long-awaited tax cut was finally released. The proposal would cut the corporate tax rate from 35 percent to 20 percent as part […]

Tokyo stocks open higher as yen eases after Fed decision

TOKYO, Japan (AFP) – Tokyo stocks opened higher on Thursday as exporters received a boost from a weaker yen against the dollar after the US Federal Reserve kept alive the chance of a December interest rate hike. The bellwether Nikkei 225 index rose 0.80 percent, or 162.10 points, to 20,472.56 in early trade while the broader Topix index was up 0.70 percent, or 11.62 points, at 1,679.54. The US central bank concluded a two-day meeting […]

Tokyo shares rebound on easing US-N.Korea fears

TOKYO, Japan (AFP) — Tokyo shares rebounded Tuesday morning after four days of losses as fears over a US-North Korea military conflict began to recede. Before the Japanese market opened, North Korean state media reported that leader Kim Jong-Un had been briefed on the plan to fire missiles toward the US Pacific territory of Guam, but hinted he would hold off on the provocative launch. That came after US Defence Secretary Jim Mattis and Secretary […]

Asian markets heading into weekend with gains after healthy run

HONG KONG, China (AFP) — Asian traders headed into the weekend cautiously on Friday following a broadly positive week across global equity markets after Federal Reserve chief Janet Yellen indicated a softer approach to raising United States interest rates. The Dow on Wall Street posted a second-successive record as investors cheered the more dovish tone from the central bank, which has been moving to tighten monetary policy as the world’s top economy continues to pick […]

Tokyo stocks down at break, Takata dives on bankruptcy fears

TOKYO, Japan (AFP) — Tokyo stocks slipped Thursday morning with troubled airbag supplier Takata diving by more than half as it appeared to be headed for bankruptcy court. The benchmark Nikkei 225 index lost 0.10 percent, or 20.54 points, to sit at 20,118.25 by the break, while the Topix index of all first-section issues edged down 0.03 percent, or 0.42 points, to 1,611.14. © Agence France-Presse

Tokyo stocks open lower as automakers, oil shares fall

TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower on Tuesday with energy-linked firms slipping on lower oil prices as a stronger yen put the brakes on automaker shares. The Japanese market has slipped from nearly two-year highs this week while Wall Street retreated from records on Monday. Investors were cautious ahead of the British general election on Thursday, after deadly terror attacks in London. A European Central Bank meeting and testimony by ex-FBI director […]