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Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped. Asian Shares Chinese stocks started lower while shares of Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) plunged to the lowest since June 16 […]
Asian shares skidded Friday after Wall Street had its worst day since June, as investors’ exuberance faltered after a spate of record highs. Asian Shares Shares fell across the region Friday, with Tokyo’s Nikkei 225 shedding 1.1%. The Nikkei 225 shed 255.04 points to 23,210.49. The Hang Seng in Hong Kong lost 1.9% to 24,528.82. […]
Robinhood Markets Inc. faces a civil fraud investigation over its early failure to fully disclose its practice of selling clients’ orders to high-speed trading firms, people familiar with the matter said. The investigation is at an advanced stage and the company could have to pay a fine exceeding $10 million if it agrees to settle […]
Asian equities started strong on Thursday as a sustained recovery in China’s services sector and the prospect of additional U.S. stimulus whetted risk appetite, while the dollar pared gains. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside of Japan climbed 0.5%, clocking its third straight session of gains to hover near a recent 2-1/2-year […]
Asian stocks looked poised for a mixed start despite another record high for their U.S. peers as tech shares advanced and investors snapped up work-from-home winners. Stocks S&P 500 futures were little changed as of 7:15 a.m. in Tokyo. The index rose 0.8% on Tuesday. Futures on Japan’s Nikkei 225 advanced 0.3%. […]
Asian share indexes edged lower Tuesday in mostly muted trading after a retreat overnight on Wall Street. Australia’s benchmark led the decline, falling more than 2% Tuesday ahead of a Reserve Bank of Australia decision that is expected to keep interest rates unchanged. Asian Shares The Japanese government reported that the seasonally adjusted unemployment rate […]