Asian markets pull back after Fed’s cautious outlook

2020-06-10

Asian markets mostly fell in early trading Thursday, following losses on Wall Street after Fed Chairman Jerome Powell said the economic recovery will be “a long road.” Japan’s Nikkei 225 NIK, -1.43% dropped 1% while Hong Kong’s Hang Seng Index HSI, -0.76% slipped 0.5%. The Shanghai Composite SHCOMP, +0.23% wasRead More →

Asian markets make cautious gains following rocky week

2019-08-11

Asian markets cautiously rose in early trading Monday, following a volatile week for global markets as U.S.-China trade tensions increased. Goldman Sachs on Sunday said that it does not expect a trade deal before the 2020 presidential election, and warned that the ongoing trade war is having a greater effectRead More →

Asian markets cautious amid lingering trade tensions

2019-05-21

Asian stock markets were little changed in cautious early trading Wednesday, as lingering trade tensions weighed on traders. China’s ambassador to the U.S., Cui Tiankai, said Tuesday on Fox News that “the door is still open” to resuming trade negotiations with the U.S., although no new talks are scheduled. TensionsRead More →