News

Nov 24
Stocks and oil ride high on Biden transition and vaccine hopes

Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines. European markets tracked gains in Asian and U.S. equities, with the broad-based STOXX 600 index opening 0.8% higher and Brent crude climbing to its highest level since March at $46.38 […]

Nov 23
Asian shares rise as vaccine hopes inject relief

Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.71% on Monday, […]

Nov 20
Asian shares mostly climb amid tug of war between hope, fear

Asian shares mostly rose in muted trading Friday after Wall Street eked out modest gains amid a tug of war between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in the future. Asian Shares Japan’s benchmark Nikkei 225 slipped 0.5% in morning trading to 25,507.95. Australia’s […]

Nov 19
Asian shares fall Thursday as fresh outbreaks overshadow vaccine progress

Asian shares followed Wall Street’s sharp selloff on Thursday as concerns about rising coronavirus infections and new shutdowns in major U.S. cities hosed down earlier investor enthusiasm about COVID-19 vaccine developments. Asian Shares Australia’s S&P/ASX 200 lost 0.5% in early trading. Hong Kong’s Hang Seng index futures lost 0.02%. Japan’s Nikkei 225 fell 0.4%. Currency […]

Nov 18
Asian stocks higher after Wall Street falls on virus worries

Asian stocks were mostly higher Wednesday after Wall Street declined as hopes for a possible coronavirus vaccine were tempered by worries about the pandemic’s lingering impact. Tesla rose 8.2% following an announcement that it will join the S&P 500 index next month. It is set to become one of the biggest stocks in the index […]

Nov 17
Asian shares rise buoyed by news on coronavirus vaccine

Asian shares rose Tuesday, after the Dow Jones Industrial Average hit a record high on optimism that a vaccine may soon control the coronavirus and the economic destruction it’s caused. Asian Shares Japan’s benchmark rose 0.2% to 25,968.22 in morning trading, after momentarily reaching a 29-year high of above 26,000. Australia’s S&P/ASX 200 gained 0.4% to 6,512.00. […]