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Asian Stocks fell in Thursday afternoon trade as concerns over the scale of the economic fallout of the coronavirus pandemic continued to weigh on sentiment. Asian Stocks The Nikkei 225 in Japan fell 1.45% in afternoon trade as shares of Fanuc declined 2.74%. The Topix index dropped 0.96%. South Korea’s Kospi shed 0.28%. Mainland Chinese stocks edged lower in early trade, […]
Global share markets dipped into the red on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage done during the coronavirus panemdic even as some countries try to re-open for business. China moved again to cushion its economy, cutting a key medium-term interest rate to record lows, paving the […]
World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak. World Stocks European stock markets opened stronger, with the pan-European STOXX 600 index rising 0.6% to its highest since March 11. The gains […]
Asian shares were mostly lower Monday in Asia while crude prices gained more than $1 per barrel after OPEC and other oil producing nations agreed to cut output to reflect the collapse of demand due to the pandemic. Asian Shares Markets in Hong Kong, Sydney and some other regional markets were closed for Easter holidays. […]
Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve’s titanic effort to support the economy through the coronavirus crisis. Asian Shares Many regional markets were closed. Japan’s Nikkei 225 index edged 0.1% lower to 19,326.78. The Shanghai Composite index […]
Asian shares rose today as hopes grew the global coronavirus outbreak is reaching its peak and oil prices grew on expectations of a production cut. Asian Shares Hong Kong’s Hang Seng index rose 0.65 per cent despite Japan’s Nikkei dropping 0.33 per cent overnight. The Nikkei sank as coronavirus infections rose in Japan, after the government […]