Asian markets mixed after China cuts loan prime rate

2020-02-19

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 →

Asian markets rebound as Mideast tensions ease

2020-01-08

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 →

Asia-Pacific markets dip on last trading day of the year

2019-12-30

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 markets advance as more records fall on Wall Street

2019-12-27

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 →

Asian markets flat in quiet Christmas trading

2019-12-24

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 quiet after latest Wall Street records

2019-12-23

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 →