Asian markets gain after record highs on Wall Street

2019-12-16

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 little changed despite U.S.-China trade deal

2019-12-15

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 →

Asian markets inch up ahead of U.S. jobs report

2019-12-06

Asian markets gained in early trading Friday after a senior Chinese official said negotiations for a phase-one trade deal with the U.S. are progressing. Gao Feng, China’s minister of commerce, said Thursday that negotiators are in “close communication” and offered reassurances despite recent tensions. However, he also emphasized that ChinaRead More →

Asian markets mixed on new optimism for U.S.-China trade deal

2019-11-25

Asian shares were mixed after an upbeat start Tuesday on optimism over U.S.-China trade talks, prompted by Beijing’s new guidelines for the protection of patents and copyrights. Japan’s benchmark Nikkei 225 NIK, +0.35%   advanced 0.6% in morning trading. Australia’s S&P/ASX 200 XJO, +0.83%   gained 0.7%. South Korea’s KospiRead More →

Asian markets slip on report of possible trade-deal delay

2019-11-06

Asian markets were mostly down in early trading Thursday as investors reined in earlier optimism of a pending trade deal between the U.S. and China. Reuters reported Wednesday that the “phase one” deal, which was hoped to be signed in mid-November, might be delayed until December, and that European locations,Read More →

Asian markets flat as investors eye trade-deal developments

2019-11-05

Asian markets were little changed in early trading Tuesday, as investors awaited further developments in U.S.-China trade talks. Japan’s Nikkei NIK, +0.06%   was up slightly while Hong Kong’s Hang Seng Index HSI, -0.08%   was about flat. The Shanghai Composite SHCOMP, -0.19%   slipped 0.2% and the Shenzhen CompositeRead More →

Asian markets rise on renewed hopes for trade deal

2019-11-03

Asian markets gained in early trading Monday on renewed optimism over U.S.-China trade talks. In an interview with Bloomberg Television on Sunday, U.S. Commerce Secretary Wilbur Ross said “we’re making good progress” and that there was “no natural reason” why a “phase one” trade deal couldn’t be reached this month.Read More →

Asian markets cautiously rise amid fresh trade-deal doubts

2019-10-31

Asian markets mostly gained in cautious trading Friday amid fresh doubts about the likelihood of a U.S.-China trade deal. Bloomberg News reported Thursday that Chinese officials were expressing doubts about the chances of a comprehensive trade deal even if a “phase one” partial deal is signed. President Donald Trump, meanwhile,Read More →

Asian markets retreat ahead of Fed announcement

2019-10-29

Asian markets fell in early trading Wednesday, following new doubts about a U.S.-China trade deal and ahead of an expected interest-rate cut by the U.S. Federal Reserve. While U.S. officials, including President Donald Trump, in recent days had touted progress in trade talks, Reuters reported Tuesday that a “phase one”Read More →