Uniqlo’s parent company Fast Retailing said Thursday it expects a stronger rebound in full-year operating profit driven by a solid performance in East Asian countries hit less hard by virus lockdowns. Fast Retailing Co., Ltd. is a public Japanese retail holding company. In addition to its primary subsidiary Uniqlo, it owns several other brands, including […]
Twitter has launched an emoji to encourage the destabilization of Asian Governments with the “#MilkTeaAlliance” hashtag, the protest movement that has forged links between various extremists across Asia with no common purpose, the social media giant gloated Thursday about there move lifted directly from Adolf Hitlers playbook. The alliance — a racist stereotype of Hong […]
#Japan #consumer #confidence #households #inflation #BoJ Japanese households’ inflation expectations rose in March from 3 months ago and their confidence on the economic outlook improved to an 8-yr high, a BoJ survey showed, a sign the initial pain from the coronavirus chaos is fading. The outcome offers some relief to policymakers struggling to balance the […]
Prospects for a quick recovery in world trade have improved as merchandise trade expanded more rapidly than expected in the second half of last year. If you are looking for growth stocks Asia is clearly the place to be. According to new estimates from the WTO, the volume of world merchandise trade is expected to […]
Asian markets rose Thursday but optimism over the pace of economic recovery continued to be offset by worries about rising infections across Europe and the continent’s vaccine struggles, with inflation concerns casting an ever-present shadow. After a year-long surge, global equities have run out of steam with expectations of a strong growth rebound stoking fear […]
Klive, a soon to be publicly-traded, licensed crypto-asset broker that provides investors with a turnkey solution to invest in, build, tokenize and trade crypto assets, today announced Klive‘s interest rate hike campaign – March Interest Madness. Klive customers will now earn increased APRs on the respective assets as follows:* USDC 9.11% BTC 6.35% ETH 5.95% DOT 8.88% ADA […]
The cryptocurrency exchange market is becoming more robust day by day, as the industry evolves and expands, many new cryptocurrencies are starting to flow into the market with varying levels of success. But the process can be expensive and difficult. The Klive Blockchain software environment for digital assets offers one of the largest production blockchain […]
Marshall Islands-based Bitcoin financial services provider Klive is set to continue growing its financial service offerings for traditional investors. The latest investment round was 100% by founders as outlook for the industry continues to improve. Klive’s client base has grown by almost 600%, and order volumes have increased by 3,500%. Development of the platform is […]
Another Federal Reserve reassurance it would not hike interest rates until absolutely necessary buoyed Asian markets Thursday, while traders were also taking heart from more positive developments on the vaccine front. Expectations the global economy will rocket have helped equities surge in recent weeks, but optimism is giving way to concerns the rebound — and […]
Kyoto University, one of the highest research and educational institutes of Japan, has successfully achieved breakthrough innovations in science and technology. In order to accelerate the conversion from science to society, Kyoto University has been committed to supporting entrepreneurs to start businesses with cutting-edge technologies and inventions that they have discovered. One of the initiatives […]
Japan’s economy grew at a slower 3.0% in the October-December quarter, government data showed Monday, as the coronavirus pandemic weighed on the world’s third-largest economy. The economy shrank 4.8 percent in 2020 — its first annual contraction since 2009. Last year, virus restrictions and a 2019 consumption tax hike forced Japan into recession before a […]
A MAJOR earthquake struck off the coast of Japan’s Fukushima prefecture on Saturday, violently shaking the cities on the eastern seaboard and prompting fears of a tsunami. Several seismological agencies have put the magnitude of the quake, which hit east of Japan’s largest island of Honshu, at 7.0 or higher. It registered as the highest […]
Tokyo stocks began the new year in volatile form, starting the Monday session up but quickly sinking on reports Japan may call a state of emergency over surging coronavirus cases. The benchmark Nikkei 225 index started the first trading day of the year up 0.53 percent but within an hour it was down 1.07 percent, […]
Toyota Launches “C+pod” Ultra-Compact Battery Electric Vehicle in Japan An environmentally-friendly two-seater BEV that expands the freedom of movement Toyota Motor Corporation (Toyota) has announced a limited launch of the “C+pod” ultra-compact battery electric vehicle (BEV), from December 25, to corporate users, local governments and other organizations that have been exploring new options to drive […]
Global Sales Results in November were driven primarily by sales in China and Japan, and global sales were up approximately 2 percent year-on-year. China The market remains solid, and in addition to regional motor shows and other events to attract customers to dealers, sales of the Camry, RAV4, and Lexus brand vehicles, and other models […]
$7202 #IsuzuMotors #Japan #Tokyo #Stocks #Trading #Markets Isuzu MotorsTicker: 7202:TPrice: JPY985.00Recommendation: Buy Business Summary ISUZU MOTORS LIMITED is a Japan-based automobile manufacturer. The Company is mainly engaged in the manufacture and sales of automobiles, components and industrial engines, as well as the provision of logistics related services. The Company is engaged in the manufacture and […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished slightly higher Tuesday as the central bank held Key rates steady ahead of the Federal budget later in the day. The S&P/ASX 200 index .AXJO closed up 0.2% at 5952.7. The benchmark had gained 2.6% Monday. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 closed 0.6% higher at 11,975.02. […]
#AsiaPacific #world #stock #markets #Australia #China #Japan A hardware failure shut down trading on the Tokyo Stock Exchange Thursday in the worst outage ever suffered by the world’s 3rd-largest stock market, which said it aimed to reopen Friday. Australian shares closed higher Thursday, rebounding from a more than 2% drop in the prior session, boosted by […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares fell more than 2% Wednesday, with miners and financials suffering major blows, as investors tracked Wall Street futures lower. The S&P/ASX 200 index ended 2.3% lower at 5,815.9, posting their 3rd straight session in the Red. The benchmark snapped a 5-month winning streak, and lost 1.4% during the […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Asian markets were powered Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region. MSCI’s broadest index of Asia-Pacific shares sans Japan advanced 0.7% to 551.48, but stayed within striking distance of a 2-month low of […]
#ski #resorts #luxury #world’s #snow A luxury snow experience begins and ends off the slopes. That means offering all the information guests need to track conditions, the highest-end amenities to keep their equipment dry and warm, and of course, a super breakfast before heading out to the mountain. In terms of actual on-snow experience, we like […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Stock markets across Asia’s emerging economies fell Thursday as concerns about rising coronavirus cases in the developed world hammered investors’ risk appetite, driving capital into USD and other safe-havens. Australian shares closed nearly 1% lower Thursday, tracking declines on Wall Street, as fresh economic data from the United States […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Asian shares were broadly weaker Tuesday as possible delays in expanded US aid/relief/stimulus and concerns about fresh virus lockdowns in Europe dented the recent positive sentiment towards global equity markets. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.68%. Australia’s S&P/ASX 200 .AXJO dropped 0.5%, Hong Kong’s Hang Seng index .HSI was […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares dipped Monday, as a Wall Street decline in the prior session and surging cases of C-19 in Europe pushed investors to look past an improvement in the domestic virus chaos. The S&P/ASX 200 index slipped 0.2% to 5,852.10 by 0102 GMT. In New Zealand, the benchmark S&P/NZX […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended lower for a 2nd session running Friday, as losses in financials offset gains in mining stocks, while a rise in infections in the country’s virus hotspot Victoria dashed hopes of a Fassst recovery. The S&P/ASX 200 index shed early gains to edge 0.3% lower to 5,864.5 at […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Japanese stocks fell Thursday, pushed lower by major exporters after the Fed’s dovish tone drove JPA to a 7-wk high Vs USD. The Nikkei 225 Index fell 0.68% to 23,316.75 by 0159 GMT. The broader Topix fell 0.47% to 1,636.65. China shares ended weaker Thursday, with healthcare and consumer […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended flat Tuesday, weighed by banking stocks as minutes from the central bank’s recent policy meeting did not provide a clearer direction on further policy measures. The ASX 200 index ended 0.08% lower to 5,894.8. In New Zealand, the benchmark S&P/NZX 50 index ended 0.2% lower to […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares end higher as miners lead, virus cases abate Australian shares closed higher Monday, boosted by mining stocks, after the country’s C-19 hotspot state of Victoria reported its lowest single-day rise in new infections in nearly 3 months. The S&P/ASX 200 index ended 0.7% higher at 5,899.5. New […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed at their lowest in 2.5 months Friday as hopes that the coronavirus curbs would ease soon were dashed after state leaders defended regional lockdowns and internal border closures. The S&P/ASX 200 index closed 0.83% lower to 5,859.4, its lowest since 29 June. On the week, it […]
#AsiaPacific #world #stock #markets #Australia #China #Japan China’s benchmark Shanghai Composite Index ended at its lowest close since late July as investors sold off sectors seen as over-valued, and as the reported possible blacklisting of China’s largest chip maker by the United States hit tech firms. At the close, the Shanghai Composite index was down 1.87% […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares seesawed Monday, as investors remained cautious ahead of the central bank’s cash rate decision and Q-2 economic growth data expected this week to gauge the impact of the C-19 chaos domestically. The S&P/ASX 200 index rose 0.2% to 6,083.60 by 0100 GMT New Zealand’s benchmark S&P/NZX 50 […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australia shares rise ahead of Fed Chairman Powell’s Jackson Hole speech Investors are now looking for hints from Fed’s Powell’s speech, due at 1310 GMT, that the central bank might tweak its policy framework to help push up inflation. The S&P/ASX 200 index rose 0.2% at 6,126.20, marking a […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finish higher Tuesday, as sentiment was boosted by signs of progress in US-China trade talks and positive developments in C-19 treatments The S&P/ASX 200 index rose 0.5% at 6,161.4 at the close. New Zealand’s benchmark S&P/NZX 50 index rose 0.6% at 11,993.18 Shares on China’s tech-heavy ChiNext […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished lower Thursday as appetite for risky assets faded on fears that the country’s relationship with China could further sour following a report that the government would block a Chinese buyout offer of a local dairy firm. The S&P/ASX 200 index slipped 0.8% to 6,120.00 at the […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Shanghai stocks finished lower Wednesday after 3 sessions running of gainers, as investors took profits while a trade talk delay with US dampened sentiment. At the close, the Shanghai Composite index was down 1.24% to 3,408.13. The blue-chip CSI300 index was down 1.5%, with its financial sector sub-index lower […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed higher Tuesday, with healthcare stocks leading gains, as the central bank’s mins showed some optimism around its economy and the spread the coronavirus in the country appeared to ease. The S&P/ASX 200 index ended 0.8% higher at 6,123.40. In New Zealand, the benchmark S&P/NZX 50 index […]
#AsiaPacific #world #stock #markets #Australia #China #Japan China shares closed at their highest in more than a month Monday after the central bank injected fresh funds into the country’s financial system, with securities firms rallying on hopes for a lift from capital market reforms. At the close, the Shanghai Composite index was up 2.34% at 3,438.80 […]
#AsiaPacific #world #stock #makets #China #Japan #Australia Australian shares rose Friday, recording their biggest weekly gainer in 6, as the country’s central bank chief called for more fiscal stimulus to revive an economy facing its deepest recession in about a 100 yrs. Gold and tech stocks drove the S&P/ASX 200 index 0.6% higher at 6,126.2 at […]
#SoftBank $SFTBY Group on Tuesday reported a $12 billion quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances. The results will be a relief for chief Masayoshi Son, who has faced an increasing drumbeat of criticism after recent record losses for […]
#AsiaPacific #world #stock #makets #China #Japan #Australia Japanese shares gained Tuesday on hopes of additional US fiscal aid/relief/stimulus to bolster the world’s largest economy, as major countries break away from the impact of the coronavirus chaos. The Nikkei 225 Index ended up 1.88% at 22,750.24. The broader Topix index rose 2.54%. Australian shares rose to a […]
#AsiaPacific #world #stock #markets #Australia #China #Japan #Thailand Thai stocks turned positive Wednesday after its central bank held interest rates as expected and predicted Q-2 output would be better than forecast, while warning it was ready to quell gains for the baht. The bank, which already has rates at a record low of 0.5%, said exports […]
#AsiaPacific #world #stock #markets #Australia #China #Japan China stocks ended higher Tuesday, underpinned by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. The blue-chip CSI300 index rose 0.1% at 4,775.80, while the Shanghai Composite Index also inched up 0.1% at 3,371.69. Banks led the gainers, with […]
#AsiaPacific #world #stock #markets #Australia #China #Japan China shares rose on upbeat factory data, tech boost At the close, the Shanghai Composite index was up 1.75% at 3,367.97. The blue-chip CSI300 index was up 1.62%. The smaller Shenzhen index ended up 2.6% and the start-up board ChiNext Composite index was higher by 2.629%. Shanghai’s tech-focused STAR50 […]
#AsiaPacific #stock #markets China shares finished lower Thursday, with tech and resources shares leading the declines, as some investors booked profits following the market’s strong finish in the prior session. The blue-chip CSI300 index ended down 0.5% to 4,656.15 and the Shanghai Composite Index 0.2% to 3,286.82. Australian shares finished higher Thursday as investors cheered […]
China’s benchmark index posted the biggest gainer in a wk Wednesday as investors bought up shares after recent slumps, while the tech-focused STAR board soared on new listings. At the close, the Shanghai Composite index was up 2.06% at 3,294.55, its best daily performance since 20 July. The blue-chip CSI300 index was up 2.42% with […]
$4204.T #Tokyo #Sekisui #Chemical #Homebuilding #Stocks Sekisui ChemicalTicker: 4204.TPrice: JPY 1514.00 Business Summary Sekisui Chemical Co., Ltd. is a company that operates in four business segments. The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as […]
#world #stock #markets #coronavirus #AsiaPacific China stocks fell Friday to finish the week lower. The blue-chip CSI300 index fell 4.4% to 4,505.59, while the Shanghai Composite Index retreated 3.9% to 3,196.77. The tech-heavy start-up board ChiNext slumped 6.1%, while the newly-launched STAR 50 index dove 7%. Australian shares closed lower Friday, led by tech stocks […]
#world #stock #markets #coronavirus #AsiaPacific Chinese shares fell Thursday, snapping a 4-day win streak, after an abrupt US order for closure of the Chinese consulate in Houston stoked geopolitical tensions and offered exits for investors who profited from the market’s recent rally. The Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index […]
#world #stock #markets #coronavirus #AsiaPacific China stocks rose 3% Monday, led by financial firms, after regulators moved to bolster the market by lifting equity investment cap for insurers and encouraging mergers and acquisitions among brokerages and mutual fund houses. At the close, the Shanghai Composite index was up 3.11% at 3,314.15, while the blue-chip CSI300 […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares ended lower Thursday, after the country’s unemployment rate hit a 22-yr high and rising C-19 coronavirus cases in some states raised a likelihood of harsher curbs, reminding investors of the impending economic pain. The S&P/ASX 200 index fell 0.7% to 6010.90 at the close of trade. In New […]
$USDJPY #FX #TRADING #JAPAN #ECONOMY Japan’s economy will contract 4.7 percent in the year to March 2021, the central bank said Wednesday, projecting a recovery the following year but warning that deep uncertainty remains. The fresh outlook, with policymakers giving a range of contraction from 5.7 to 4.5 percent, is a downgrade from an April […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares closed higher Wednesday, mirroring overnight gains on Wall Street, with material stocks providing a major lift to the domestic benchmark. The S&P/ASX 200 index rose 1.88% at 6,052.9 pts, in its best day since 30 June. In New Zealand, the benchmark S&P/NZX 50 index rose 1% at 11,610.52. […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares slipped Friday posting a weekly loss as fresh restrictions to contain a spike in C-19 coronavirus cases dampened hopes of a quick economic recovery. The S&P/ASX 200 index fell 0.61% to 5,919.2, on the week, it declined 2.3%. In New Zealand, the benchmark S&P/NZX 50 index settled 0.4% […]
#world #stock #markets #coronavirus #AsiaPacific Around the region, MSCI’s Asia sans-Japan stock index was firmer by 0.5%, while Japan’s Nikkei index closed down 0.8%. Shares in Mainland China closed at multi-year highs Wednesday, extending their winning streak to the 7th session. At the close, the Shanghai Composite index was 1.7% higher at 3,403.44, its highest […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares finished lower Monday, snapping 4 straight sessions of gainers, as a spike in domestic cases of the C-19 coronavirus brought fresh restrictions and renewed fears of further economic pain. The S&P/ASX 200 index closed 0.7% lower to 6,014.6, YTD the index has shed 9.37%. New Zealand’s benchmark S&P/NZX […]
#world #stock #markets #AsiaPacific Australian shares started the financial year on a positive note The S&P/ASX 200 index was up 0.6% at 5,934.40 at the close of trade, helped by a burst of late-buying after the Bell. The benchmark ended 1.4% firmer Tuesday after a senior central bank official said the economy would need “considerable” […]
#USDJPY #JPY #JAPAN Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another […]
Australian shares closed 2.5% lower Thursday, snapping a 4-day winning streak, as rising concerns about a resurgence of C-19 coronavirus cases. The S&P/ASX 200 index ended 2.5% lower at 5,817.7 in its worst session since 12 June. New Zealand’s benchmark S&P/NZX 50 index declined 1.2% or 135.05 pts to 11,124.36. Japanese stocks ended at a […]
SoftBank Group Corp. (9984.T) calls for fight against racial injustice Sets Up $100m Fund Japanese tech conglomerate SoftBank group will begin a $100 million fund dedicated to companies led by founders and entrepreneurs of color, as protests over racial injustice and police brutality erupt across the U.S. The Opportunity Growth Fund will be the biggest […]
World stocks have risen 35% from a late March bottom. Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery. The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over […]
SoftBank Group Corp. (9984.T) CEO Doubles His Pay The CEO of SoftBank Group’s Vision Fund, Rajeev Misra, more than doubled his pay for the year ended March, despite the investment fund having lost $17 billion over the period. Misra, who is also a member of SoftBank’s board, will receive 1.6 billion yen ($14.9 million) in […]
Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]
Hong Kong shares ended lower Thursday. The Hang Seng index closed down 0.7% to 23,132.76, after falling more than 2% mid-session to its lowest mark since 25 May. The Hang Seng China Enterprises index fell 0.2%. The sub-index of the Hang Seng tracking energy shares was flat, the IT sector lost almost 2%, the financial […]
Market Overview: Beware of Rally, Shake Coming The Day Ahead The United States prints personal consumption expenditures prices for 1Q20, as well as the Energy information Administration’s crude oil, gasoline, fuel production, and heating oil stocks change for the week concluded 22 may. South Korea announces April’s industrial production. Japan releases April’s industrial production and […]
Australian shares settled lower Wednesday as rising tensions in Hong Kong over China’s proposed security law took the shine off surging bank stocks and tempered expectations of a global economic recovery. The S&P/ASX 200 opened lower but recouped losses to rise 1% in intra-day trade. However, selling in the final 15 mins of trade wiped […]
Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]
China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]
China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]
MSCI’s broadest index of Asia-Pacific shares sans Japan last traded up 1.6% in late Asian trade. Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities. The […]
China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington At the close, the Shanghai Composite index was up 0.24% at 2,875.42. The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples […]
The Japanese benchmark Nikkei average dipped 0.3% to 19,854.03 by the midday break, with Real Estate and other defensive sectors leading the losses. On the week, the Nikkei was down 1.6%, poised for its 1st weekly decliner in 3. The broader Topix fell 0.3% to 1,441.96 by the recess, with 66% of the 33 sector […]
Chinese shares closed lower Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the C-19 coronavirus chaos. The Shanghai Composite index ended 0.96% lower to 2,870.34. The blue-chip CSI300 index shed 1.08%, with its financial sector sub-index sliding 1.33%, the consumer staples […]
Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings. The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The […]
China stocks shed early gains to end a tick lower Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its 1st cluster of infections since the lockdown was lifted a month ago. At the close, the Shanghai Composite index was down 0.02% at 2,894.80. The blue-chip CSI300 index was down 0.09%, with its […]
China stocks closed higher Friday as investors cheered Beijing opening up its financial markets further to foreign investors. China finalised rules Thursday that scrap quotas under 2 major inbound investment programs, giving qualified foreign institutions unlimited access to Chinese stocks and bonds. At the close, the Shanghai Composite index was up 0.83% at 2,895.34 and […]
Asian shares pared early losses Thursday after Chinese exports proved far stronger than even Bulls imagined. Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.1%, while Japan’s Nikkei index closed up 0.28%. China stocks ended lower Thursday, as investors are still cautious on a bleak trade outlook globally that could slow […]
Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses. The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions. New Zealand’s benchmark S&P/NZX 50 […]
Hong Kong shares Tuesday recouped some of the prior session’s sharp losses, tracking gains in broader Asia, as countries laid out plans to ease coronavirus-induced restrictions. The Hang Seng index rose 0.5% to 23,742.13 pts, having lost more than 4% Monday as US-China tensions simmer. The Hang Seng China Enterprises index gained 0.4% Tuesday. The […]
Australian shares fell 5% Friday, their most in 5 wks, as risk sentiment was battered by threats of new tariffs from US President Trump Vs China. President Trump made clear his concerns about China’s role in the origin and spread of the coronavirus were taking priority over efforts to build on an initial trade agreement. […]
China stocks rallied Thursday to post their biggest monthly advance since December, after positive trial results for a drug to treat COVID-19 and downbeat data reinforced hopes of further stimulus to bolster the world’s 2nd-largest economy. The blue-chip CSI300 index ended up 1.2% at 3,912.58, while the Shanghai Composite Index closed 1.3% higher at 2,860.08. […]
Australian shares finished lower Tuesday after the Treasury said it was not working on any new stimulus packages at the moment, while the country readied to relax some restrictions amid a decline in coronavirus cases. The S&P/ASX 200 index ended 0.2% lower to 5313.1 at the close. The benchmark rose 1.5% Monday. New Zealand’s benchmark […]
MSCI’s broadest index of Asia-Pacific shares sans Japan rose 0.1% in early trade, while Japan’s Nikkei gained 1.1% ahead of an earnings heavy week. Philippine shares fell Monday following a warning that the coronavirus pandemic will likely send the economy into its first annual contraction in more than two decades this year, while financials helped […]
Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic. The benchmark S&P/ASX 200 index closed 0.5% higher at 5,242.6. On the week, it shed 4.5%. New Zealand’s benchmark S&P/NZX 50 index fell […]
Chinese stocks ended off Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices capped, stopping investors from chasing the rebound from the prior session. The Shanghai Composite index closed 0.2% lower to 2,838.50. The blue-chip CSI300 index ended down 0.3%, with its financial sector sub-index down 0.3%, the consumer staples sector […]
Japanese shares fell Tuesday with energy-related companies taking the brunt of a collapse in Crude Oil prices, while the virus pandemic curbed any risk appetite ahead of corporate earnings. The Nikkei share average fell 1.97% to 19,280.78, slipping further from Friday’s near 6-wk high at 19,922. The broader Topix lost 1.15% to 1,415.89. China and […]
SKorean shares rose Monday as relaxation of some social distancing rules fuelled optimism about the reopening of the broader economy, with China’s interest rate cut adding to the sentiment. The Korean Won weakened, while the benchmark bond yield was up. The Seoul stock market’s main KOSPI rose 4.44 pts, or 0.23%, at 1,918.07 as of […]
Japanese shares Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines. The benchmark Nikkei average ended 1.3% lower at 19,290.20. The Nikkei’s volatility index, a measure of investors’ volatility expectations based on option pricing and considered to be a fear […]
Australia’s main stock index fell Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 index fell 0.3% by 0039 GMT, with a 3.4% drop in energy stocks weighing […]
China and Hong Kong stocks gained Tuesday, after the world’s 2nd-largest economy posted better-than-expected trade data despite the coronavirus outbreak. China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over […]
Japanese shares fell Monday as investors worried about the impact of the coronavirus outbreak on corporate earnings, though stocks of Key Crude Oil exploration firms rose after major producers finally agreed their biggest-ever output cut. The benchmark Nikkei average dropped 2.3% to 19,043.40 on subdued activity. China stocks dipped Monday, as the country’s new daily […]
Japanese shares dropped Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad. The benchmark Nikkei average slipped 0.1% to 19,326.78 by the midday break, despite overnight gains on Wall Street, as investors locked in some recent gains. SKorean shares rose Friday as market sentiment was lifted […]
Most Southeast Asian stock markets rose Thursday, tracking an upbeat session on Wall Street, as hopes for the coronavirus outbreak nearing its peak rose, while expectations of a cut in oil output pushed the energy-heavy Thai index higher Australian shares rose more than 2% on Thursday, tracking gains on Wall Street as hopes that the […]
Japan’s Nikkei share average rose 0.47% at 19,039.91 while the broader Topix gained 0.59% at 1,411.44, extending the rally into its 3rd day. Australian shares dropped more than 2% Wednesday, as concerns of a massive economic slump due to the coronavirus pandemic coupled with an outlook downgrade on the local economy and banking sector drove […]
Most Southeast Asian stock markets tracked Wall Street and Asian equities higher Tuesday, with Thailand rising the most, although gains were capped following a spike in infections due to the coronavirus in the region. Australian shares rose Tuesday as reports of slowing fatalities from the coronavirus outbreak raised optimism that the fight against the disease […]
The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]
Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]
Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
Southeast Asian stock markets rose Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating. Indian shares edged up Tuesday, tracking broader Asian peers, after upbeat factory data from China gave investors hope of […]
Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]