Asian markets declined in early trading Wednesday following another sharp selloff on Wall Street as the global spread of the coronavirus outbreak continued to rattle traders. Japan’s Nikkei NIK, -0.79% sank 0.7%, and Hong Kong’s Hang Seng Index HSI, -0.82% dipped 0.5%. The Shanghai Composite SHCOMP, -0.82% Read More →
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 1.60% Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Sydney, the declined 1.60% to hit a new 1-month low. The bestRead More →
Asian markets were mixed in early trading Thursday after China’s central bank cut its loan prime rate, as expected. The People’s Bank of China cut its benchmark one-year loan prime rate by 10 basis points, and the five-year loan prime rate by 5 basis points. That came days after centralRead More →
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.16% Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Sydney, the lost 0.16%. The best performers of the session on theRead More →
© Reuters. FILE PHOTO: Logo of General Motors is pictured at its plant in Silao NEW YORK (Reuters) – General Motors Co (N:) is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in AustraliaRead More →
Markets in mainland China plunged early Monday, on their first day of trading since an extended Lunar New Year holiday that coincided with the rapid spread of the coronavirus outbreak. Global markets have fallen in recent weeks and China had braced itself for steep losses, with the People’s Bank ofRead More →
Asian markets fell in early trading Thursday, after the U.S. Federal Reserve kept interest rates unchanged, and as investors weighed developments in the spreading coronavirus outbreak. Fed chief Jerome Powell said Wednesday that the U.S. economy is in good shape, in announcing that the central bank left unchanged a keyRead More →
© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 0.94% Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher. At the close in Sydney, the rose 0.94% to hit a new all time high. TheRead More →
© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 0.32% Investing.com – Australia stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Sydney, the gained 0.32% to hit a new all time high. TheRead More →
Asian markets were mixed in early trading Tuesday, after the U.S. said China is no longer a currency manipulator ahead of the signing of a “phase one” trade agreement this week. The U.S. Treasury Department stepped back from the decision it made last year, saying in a statement that itRead More →
Asian markets were mixed in subdued early trading Monday, ahead of the signing of a “phase one” trade deal between the U.S. and China later this week. The world’s two largest economic powers are scheduled to sign the phase-one deal Wednesday in Washington, with China reportedly agreeing to buy moreRead More →
Asian markets rebounded in early trading Thursday following losses the day before after Iran launched a missile attack on U.S. bases in Iraq. Tensions decreased significantly Wednesday amid signs of de-escalation, as President Donald Trump said Iran “appears to be standing down” and announced fresh sanctions rather than immediate militaryRead More →
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.13% Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Sydney, the fell 0.13%. The best performers of the session on theRead More →
Asia-Pacific markets fell in light trading on Tuesday, with some major indexes closed for the New Year’s holiday and others closing early. The Shanghai Composite SHCOMP, -0.16% slipped 0.1% while the Shenzhen Composite 399106, +0.11% rose 0.2% after data showed China’s factory activity continued to expand for a secondRead More →
Asian shares were mixed Monday as investors awaited updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea. Tokyo’s Nikkei 225 index NIK, -0.68% fell 0.7%, while Hong Kong’s Hang Seng HSI, +0.49% advanced 0.6%. The ShanghaiRead More →
Asian markets mostly gained in early trading Friday, after yet more record highs on Wall Street. Japan’s Nikkei NIK, -0.36% was about flat, while Hong Kong’s Hang Seng Index HSI, +1.21% gained 1.2%. The Shanghai Composite SHCOMP, -0.08% advanced 0.7% while the Shenzhen Composite 399106, -0.67% Read More →
© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 0.40% Investing.com – Australia stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Sydney, the gained 0.40%. The best performers of the session on theRead More →
Asian markets were little changed in light holiday trading Wednesday, with many major global markets closed for Christmas. Japan’s Nikkei NIK, -0.20% slipped 0.2%, while the Shanghai Composite SHCOMP, -0.28% was about flat and the smaller-cap Shenzhen Composite 399106, +0.00% rose 0.4%. Taiwan’s Taiex Y9999, +0.27% Read More →
Asian markets were mixed in quiet trading Tuesday, following another record day on Wall Street. The Dow Jones Industrial Average DJIA, +0.34% and S&P 500 SPX, +0.09% closed at record highs for a third consecutive day, while the Nasdaq Composite COMP, +0.23% notched a record ninth-straight recordRead More →
Asian markets were mixed Monday in quiet trading ahead of Christmas holidays for many markets. Concern over the possibility of a North Korean missile test was leavened by signs of further progress in cooling trade tensions between Washington and Beijing as China announced plans to further open its financial marketsRead More →
Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market’s gains for the week. Japan’s Nikkei 225 index NIK, +0.04% edged 0.2% lower, while Hong Kong’s Hang Seng Index HSI, +0.37% edged 0.4% higher. The Shanghai Composite SHCOMP,Read More →
Asian shares were mixed Wednesday after record highs on Wall Street amid investor optimism about an interim U.S.-China trade deal announced last week were tempered by fresh worries of a hard Brexit. Japan’s benchmark Nikkei 225 NIK, -0.54% erased earlier gains to inch down 0.4% in morning trading. HongRead More →
Asian shares rose Tuesday following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China. Japan’s benchmark Nikkei 225 NIK, +0.48% added 0.5% in early trading. South Korea’s Kospi 180721, +1.01% gained 1.1%. Hong Kong’s HangRead More →
Asian markets were muted in early trading Monday despite Friday’s news that the U.S. and China have agreed on a “phase one” trade deal. U.S. Trade Representative Robert Lighthizer said Sunday that the deal “is totally done, absolutely,” adding that China committed to buy $40 billion of American farm productsRead More →
By Byron Kaye SYDNEY (Reuters) – A four-word handwritten note by a JPMorgan Chase & Co (N:) banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc (N:) and Deutsche Bank AG (DE:), a court heard on Friday. The note, which said “outRead More →