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Asian stocks rose Monday after the chief U.S. central banker expressed optimism the the American economy might start to recover this year from the coronavirus pandemic. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced Asian and EU Stocks Stocks The Stoxx Europe 600 Index climbed 1.9%. Futures on the S&P 500 Index rose […]
Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by continuing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude was up $1.19, or 3.7 percent, at $33.69 a […]
Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. Asian Shares Japan’s benchmark Nikkei 225 edged down nearly 0.2% to 19,881.46 in morning trading. South Korea’s Kospi fell 0.3% to 1,919.51. Australia’s S&P/ASX 200 gained 0.6% to 5,362.80. Hong […]
Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the head of the U.S. Federal Reserve dashed hopes for a quick economic recovery. “The path ahead is both highly uncertain and subject to significant downside risks,” Fed Chair Jerome […]
Global markets fell on Wednesday, under pressure from rising US-China tension and concerns over the timeline for reopening economies during the coronavirus pandemic. Global Markets London’s FTSE 100 slipped 0.9 per cent in opening trading, as stocks across Europe lost ground. The Stoxx 600 index, which offers a snapshot of the region’s largest companies, was […]
Asian shares fell on Tuesday as worries over fresh outbreaks of coronavirus cases overshadowed hopes over reopening economies. Asian Shares Japan’s Nikkei 225 lost 0.1%. The Hang Seng in Hong Kong dropped 1.8%. The Shanghai Composite index fell 0.6% to 2,877.71. Hong Kong’s benchmark shed 438.77 points to 24,163.29. The Nikkei 225 gave up 28.64 […]