HONG KONG, China (AFP) — Asian investors on Wednesday struggled to track a record close on Wall Street as they await the Federal Reserve’s latest policy meeting hoping for a guide on its plans for monetary policy. The central bank is all but certain to lift interest rates after its meeting ends later in the day but the main focus will be on chair Janet Yellen’s comments afterwards. Some analysts suggest the rise could be […]
Tag: Wall Street
Japan stocks down after Wall Street tech sell-off
TOKYO, Japan (AFP) — Japan’s benchmark Nikkei index slipped Tuesday in response to Wall Street’s technology sell-off, with market heavyweight SoftBank falling for a second day. United States technology giants including Apple and Netflix Monday suffered another bruising session in New York which analysts attributed to profit-taking. “The upward trend in earnings for US technology companies isn’t likely to change, but with those stocks in for a speedy correction, it’s hard to buy their Japanese […]
Tokyo shares open lower after Wall Street slips
TOKYO, Japan (AFP) — Tokyo shares opened lower Wednesday as a firm yen weighed on exporters and Wall Street and crude prices slipped. The benchmark Nikkei 225 index fell 0.25 percent, or 49.60 points, to 19,628.25 in early trade while the Topix index of all first-section issues lost 0.28 percent, or 4.33 points, to 1,568.34. © Agence France-Presse
Wall Street forges higher despite oil market’s glum mood
NEW YORK, United States (AFP) — Buoyant trading in New York saw Wall Street set fresh records on Thursday, with United States stocks recording their sixth consecutive positive finish. European markets were mainly in negative territory, however, and oil shares suffered on investor disappointment following an Organization of Petroleum Exporting Countries decision not to deepen cuts in crude output or prolong them past March of next year. Oil futures nose-dived by about $2.50 in New […]
Tokyo stocks open higher
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday, tracking gains on Wall Street last week as higher oil prices lifted energy shares. US stocks rose on Friday, recovering losses sustained earlier in the week on worries about President Donald Trump’s growth agenda in the wake of burgeoning investigations of the White House. The White House has been thrown into turmoil by a succession of stunning allegations against the president. James Comey, the former […]
Japan’s economy posts longest expansion in a decade
by Miwa Suzuki Agence France-Presse TOKYO, Japan (AFP) — Japan has posted its longest economic expansion in over a decade, government data showed Thursday, marking a win for Tokyo’s growth bid even though its battle to conquer deflation is still far from won. The world’s number three economy grew 0.5 percent in the first quarter — or an annualized 2.2 percent. That was the fifth straight rise and up from a 0.3 percent expansion in the […]
Tokyo shares open higher after Wall Street gains
TOKYO, Japan (AFP) — Tokyo shares opened higher Friday following gains on Wall Street on renewed hopes for United States tax cuts. The Nikkei 225 rose 0.83 percent or 153.89 points to 18,584.38 in the opening minutes of trading, while the Topix index of all first-section issues rose 0.84 percent, or 12.38 points, to 1,485.19.
Asian markets fall on global uncertainty; pound holds rally
HONG KONG , China (AFP) — Asian markets turned lower Wednesday following a negative lead from Wall Street and Europe, with analysts saying Britain’s shock decision to call a snap election added to global uncertainties. The pound held on to its gains after Prime Minister Theresa May announced a snap poll for June 8 as she looks to cement a mandate heading into key Brexit talks with her European Union counterparts. The move comes as France […]
US stocks edge lower on geopolitical concern
New York, United States (AFP) — Wall Street stocks finished modestly lower Tuesday as worries about Syria and the upcoming French presidential election weighed on investor sentiment. Geopolitical concerns were front and center as US Secretary of State Rex Tillerson flew to Moscow Tuesday to confront the Kremlin about its support for the Syrian government, amid US statements that Russia tried to cover up a chemical attack. At the same time, investors were eyeing the […]
Defense stocks, oil boosted by US attacks on Syria
by John Biers Agence France Presse NEW YORK, United States (AFP) — Wall Street stocks finished modestly lower Friday following a disappointing US jobs report, while Pentagon missile strikes on Syria lifted defense shares and oil prices. Gold prices, a traditional safe haven in times of turbulence, also rallied following the Syria action, while global stock markets were mixed. The Labor Department reported that the US added just 98,000 jobs in March, far below […]
Wall Street’s ‘Fearless Girl’ statue to stay until 2018
NEW YORK, United States (AFP) — The popular bronze statue of a young girl staring down a bull on Wall Street will stay in place until March 2018, New York Mayor Bill de Blasio announced Monday. Initially installed on March 7 for one week, the “Fearless Girl” sculpture appeared in media around the world, seen by many as a defiant symbol of women’s rights under the new administration of President Donald Trump, who has bragged […]
Wall Street ekes out positive finish
NEW YORK, United States (AFP) — Wall Street slouched to a positive finish on Friday with all three major stock indices making last-minute moves into positive territory after spending most of the session in the red. Though it finished essentially flat, the blue-chip Dow Jones Industrial Average also extended its streak of fresh all-time highs with an 11th consecutive record close. The Dow gained less than a tenth of a percentage point to close at […]





