Latest Market News
Asian shares advanced on Monday after China reported its economy grew at a 4.9% annual pace in the last quarter, with consumer spending and industrial production rising to pre-pandemic levels. Asian Shares Hong Kong’s Hang Seng index HSI, 0.83% gained 0.7% while the Shanghai Composite SHCOMP, -0.71% slipped 0.3% and the smaller-cap Shenzhen Composite 399106, -0.70% retreated 0.2% as the relatively strong economic data doused […]
Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. Asian Shares Japan’s benchmark Nikkei 225 inched up less than 0.1% by midday to 23,523.37. Australia’s S&P/ASX 200 shed 0.2% to 6,196.10. South Korea’s Kospi declined […]
Asian shares were off to a mixed start on Thursday as hopes of US fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold. Downbeat comments from US Treasury Secretary Steven Mnuchin that a stimulus deal was unlikely be […]
European stocks shook off early losses to inch higher on Wednesday, while U.S. stock futures also rose, as investors weighed up earnings news and concerns over the COVID-19 pandemic. The Stoxx Europe 600 index SXXP, -0.09% inched up 0.2%, after snapping a three-session win streak on Tuesday with a 0.6% decline. The German DAX DAX, -0.05% and the French CAC 40 PX1, -0.17% rose […]
The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors. The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more than 600,000 Russian rubles ($7,800) in digital assets per year. The official statement says that the new regulatory restriction will involve not […]
Asian shares mixed as China reports faster growth in trade. An overnight rally on Wall Street, driven mainly by technology companies such as Apple and Amazon, faded amid worries over U.S. economic stimulus and a resurgence of coronavirus caseloads in many countries. Asian Shares China’s exports rose 9.9% from a year earlier to $239.8 billion […]