AMD gets mixed reviews as stock falls after earnings

2019-10-30

AMD’s latest earnings didn’t do much to change minds, as bulls cheered momentum in new product lines while those on the sidelines expressed concern about margins. Shares of AMD AMD, -2.03%  were off 1.8% on Wednesday after the company posted results in line with expectations while coming up a bitRead More →

Asian markets retreat on mixed trade-war news

2019-09-29

Asian markets pulled back in early trading Monday, amid conflicting signals on the trade-war front. China said Sunday that its top trade negotiator, Vice Premier Liu He, will travel to Washington on October for renewed trade negotiations with the U.S. An exact date for the talks was not announced, butRead More →

Asian markets mixed as Fed cuts rates, BOJ stays unchanged

2019-09-18

Asian markets were mixed in early trading Thursday, as the Bank of Japan kept its ultra-easy monetary policy unchanged following the U.S. Federal Reserve’s interest-rate cut. The BOJ’s move — or lack thereof — was expected, though the central bank hinted that could cut interest rates even deeper into negativeRead More →

Asian markets mixed on weak Japan manufacturing data

2019-08-21

Asian markets were mixed in early trading Thursday, following a day of gains on Wall Street. Preliminary data Wednesday showed Japan’s manufacturing activity shrank for a fourth consecutive month, according to Reuters. The Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index rose to a seasonally adjusted 49.5 in August fromRead More →

Asian markets mixed after conflicting trade messages from China

2019-08-15

Asian markets were mixed in early trading Friday, after China threatened to retaliate if the Trump administration goes ahead with its latest tariff threats, yet still held out hopes for a trade deal. Beijing will take unspecified “necessary countermeasures,” China’s Cabinet said in a one-sentence statement. It gave no detailsRead More →

Asian markets mixed after China moves to stabilize yuan

2019-08-06

Asian markets were mixed in early trading Wednesday, after China’s central bank moved to ease fears of a full-blown currency war. The People’s Bank of China early Wednesday set the daily reference point for the yuan at 6.9996 per dollar, a bit weaker than expected. The currency typically trades upRead More →

Asian markets mixed after Wall Street’s record highs

2019-07-03

Asian markets were mixed Thursday, following record closing highs for U.S. stocks in a shortened trading day. The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressureRead More →