Latest Market News

Dec 10
Asian shares edge down as tariff deadline hems bets

Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect. Asian Shares Asian shares outside Japan was 0.17% lower, with China’s benchmark Shanghai Composite index off 0.08%. Australian shares were off 0.34%, while […]

Dec 09
Asian shares edged up on Monday

Asian shares edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Asian Shares Japan’s benchmark Nikkei (N225) added 0.33%. MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) gained 0.27%. […]

Dec 06
Asian stocks up on Friday; oil firm on OPEC+ output cut

Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were “moving right along”, and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4%. Japan’s Nikkei added […]

Dec 05
Asian sharesmostly rose on Thursday.

Asian Shares were mostly higher on Thursday as investors digested recent developments on U.S.-China trade. Asian Shares In Japan, the Nikkei 225 gained 0.71% to close at 23,300.09. The Topix index added 0.48% to end its trading day 1,711.41. Mainland Chinese stocks gained on the day, with the Shanghai composite up 0.74% to about 2,899.47. The Shenzhen […]

Dec 04
Asian stocks fall as Trump says trade deal with China may be delayed

Asian Stocks mostly slipped on Wednesday after U.S. President Donald Trump said overnight that he may delay a trade deal with China till after the 2020 U.S. presidential election. Asian Stocks In Japan, the Nikkei 225 fell 1.05% to close at 23,135.23 as shares of index heavyweight Fast Retailing plummeted 5.21%. The Topix index also declined 0.2% to end its trading […]

Dec 04
Robinhood has withdrawn its banking charter application

Robinhood, the US-based commission free stock trading platform has withdrawn its application with the Office of the Comptroller of the Currency (OCG) for bank charter, seven months after submitting the application in April. A successful application would have allowed to fintech to move further into the banking space independently. The withdrawal was reportedly voluntary and […]