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Asian stocks climbed along with U.S. and European futures Tuesday, aided by positive factory activity data and optimism that vaccines will bolster the global economy. The dollar dipped. Asian Stocks S&P 500 futures rose 0.9% as of 7:03 a.m. in London. The S&P 500 Index dipped 0.5%. Topix index rose 0.8%.Australia’s S&P/ASX 200 Index rose […]
Asian shares slipped Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy. Asian Shares Japan’s benchmark Nikkei 225 dipped 0.8% to 26,433.62 as markets throughout the region quickly lost early gains. South Korea’s Kospi lost 0.9% to […]
Asian shares stalled near record highs on Friday as investors weighed renewed doubts about a highly-anticipated coronavirus vaccine against hopes that some of the region’s economies will recovery quicker than their Western peers. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.04% but remained with striking distance of a life-time peak touched […]
The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Expected in January, the exact launch date is still not known and would depend on when the Libra Association receives regulatory approval by the Swiss Financial Market Supervisory Authority, or FINMA, to operate […]
Asian shares advanced on Thursday as markets’ euphoric mood over COVID-19 vaccines and the prospects of more political predictability and economic stimulus under the incoming Biden administration overrode a slate of weak U.S. economic data. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% while Japan’s Nikkei gained 0.6%. U.S. S&P 500 […]
Asian stocks rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood. Asian stocks Hong Kong’s Hang Seng Index (HSI) rose 1.3%, China’s Shanghai Composite (SHCOMP) was up 0.1%. South Korea’s Kospi (KOSPI) rose 0.7%. Japan’s Nikkei (N225) led the region’s […]