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Asian stocks advanced Tuesday as investors watched for details of President-elect Joe Biden’s promised economic stimulus plan. Shanghai, Tokyo and Hong Kong were higher. Seoul declined while Sydney swung between gains and losses. Overnight, Wall Street declined following a string of record-setting gains. Asian stocks The Shanghai Composite Index rose 0.8% to 3,559.86. The Nikkei 225 […]
Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. Asian Shares South Korea’s Kospi jumped 2.5% in early trading to 3,230.15. Australia’s S&P/ASX 200 lost 0.7% to 6,714.20. Hong Kong’s Hang Seng edged up 0.2% to 27,945.18, while the Shanghai Composite added 0.4% to 3,584.97. […]
Asian shares were mostly higher Friday on hopes for additional economic stimulus after U.S. Congress confirmed Joe Biden as the winner of the presidential election. Hopes are also growing about the rollout of COVID-19 vaccines to help daily life around the world get closer to normal. That has investors anticipating a explosive return to growth […]
Asian markets rose in Asia on Thursday after Wall Street rallied on expectations of more stimulus for the economy, despite chaotic scenes in Washington as Trump supporters stormed the U.S. Capitol. “Investors that have concerns today should probably check some of those concerns,” Levitt said. “The first year of this administration is going to be […]
Asian share markets hit pause on Monday as reports of a possible tightening in coronavirus emergency rules for Tokyo pulled Japanese stocks off 30-year highs, while also lifting the safe-haven yen. Asian Shares Japan’s Nikkei shed its early gains to fall 1.1% when Fuji TV reported the government was considering a state of emergency for […]
Asian shares hit a record high on Wednesday with investors betting on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. Asian Shares MSCI’s gauge of Asia-Pacific shares excluding Japan rose 1.2% to hit a record high, led by gains in […]