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Asian shares extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. Asian shares Chinese blue chips added 0.4%, buoyed by data showing China’s industrial output rose 5.6% in August from a year ago, expanding for a fifth straight month. MSCI’s broadest index of Asia-Pacific […]
The Securities and Exchange Commission today announced an award of more than $10 million to a whistleblower whose information and assistance were of crucial importance to a successful SEC enforcement action. “This award recognizes the persistent efforts of the whistleblower to expose serious financial misconduct,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. […]
Asian shares have firmed on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial, although sentiment was still cautious before a big week of central bank meetings in the United Kingdom, Japan and the United States. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7 percent on Monday, […]
Asian shares were mixed Friday following a selloff of technology shares on Wall Street. While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices have surged too high. “Big tech stocks might have seemed like safe havens, but they have […]
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker paused testing of a coronavirus vaccine. Global stock markets have recovered most of this year’s losses, but that was based largely on strong […]
Asian Shares declined Wednesday morning after shares on Wall Street tumbled overnight stateside. Asian Shares The Shanghai composite slipping 1.48%. The Shenzhen component declined 2.638%. Hong Kong’s Hang Seng index shed 1.16%. In Japan, the Nikkei 225 declined 1.57% while the Topix index fell 1.6%. South Korea’s Kospi also slipped 0.91%. Over in Australia, the S&P/ASX 200 dropped 2.54%. Overall, the MSCI Asia ex-Japan […]