Latest Market News

Jan 15
Asian shares edge higher as Biden unveils $1.9 trillion US stimulus plan

Asian shares edged up near record highs on Friday after US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world’s largest economy and accelerate its response to coivd-19. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1% around midday in Asia, just off a record high. Hong […]

Jan 14
Asian shares mixed after lackluster day on Wall Street

Asian shares were mostly higher on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Asian Shares Tokyo’s Nikkei 225 index climbed 1.2% to 28,828.10. The Hang Seng in Hong Kong edged 0.2% higher to 28,295.90. South Korea’s Kospi was flat at […]

Jan 13
Asian shares make cautious gains after choppy Wall Street session

Asian shares opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while tight supply expectations pushed oil prices to their highest in a year. Asian Shares Asia’s open, however, was mixed with Japan’s Nikkei 225 up 0.11per cent, Australia’s S&P/ASX 200 down […]

Jan 12
Asian stocks gain as markets watch for Biden stimulus plan

Asian stocks advanced Tuesday as investors watched for details of President-elect Joe Biden’s promised economic stimulus plan. Shanghai, Tokyo and Hong Kong were higher. Seoul declined while Sydney swung between gains and losses. Overnight, Wall Street declined following a string of record-setting gains. Asian stocks The Shanghai Composite Index rose 0.8% to 3,559.86. The Nikkei 225 […]

Jan 11
Asian stocks move upward as investor optimism defies evidence of pandemic’s impact

Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. Asian Shares South Korea’s Kospi jumped 2.5% in early trading to 3,230.15. Australia’s S&P/ASX 200 lost 0.7% to 6,714.20. Hong Kong’s Hang Seng edged up 0.2% to 27,945.18, while the Shanghai Composite added 0.4% to 3,584.97. […]

Jan 08
Asian shares mostly up on Wall Street rally, stimulus hopes

Asian shares were mostly higher Friday on hopes for additional economic stimulus after U.S. Congress confirmed Joe Biden as the winner of the presidential election. Hopes are also growing about the rollout of COVID-19 vaccines to help daily life around the world get closer to normal. That has investors anticipating a explosive return to growth […]