News

Feb 10
Asian Shares gained on Monday

Asian shares in mainland China rose on Monday as investors monitored the ongoing virus outbreak’s impact on Chinese manufacturers. Factories in China were set to return to work on Monday, but many are expected to remain shut for longer. Asian Shares Hong Kong’s Hang Seng index, on the other hand, slipped 0.7% as of its final […]

Feb 07
Asia markets mostly fall as China’s trade data gets delayed

Asia markets mostly fell on Friday, following three sessions of broad gains, as China delayed the release of trade data for January. Asia Markets Mainland Chinese shares bucked the downward trend to bounce back slightly from declines earlier. The Shanghai composite rose 0.33% to close at 2,875.96. The Shenzhen component edged up slightly to 10,611.55. The Shenzhen […]

Feb 06
Asian Stocks gain after China cuts trade tariffs, solid US data

Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, and after China announced a cut in tariffs on some imported goods from the United States. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.3per cent. Japan’s Nikkei rose 2.47per cent. Mainland Chinese shares […]

Feb 05
Asian shares rise on optimism that China’s economy will ride out effects of outbreak

Asian shares rose Wednesday on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak. Asian Shares The Shanghai composite up 1.25% to around 2,818.09. The Shenzhen component index rose 2.14% to 10,305.50. The Shenzhen composite added 2.48% to about 1,678.63. The Chinext start-up board was up more […]

Feb 04
World markets bounced on Tuesday

U.S. equity futures jumped with European stocks after a brutal sell-off in Chinese equities halted on Tuesday and as investors gauged the latest efforts to contain the deadly coronavirus. Commodities rallied, from crude oil to coffee. Stocks The Stoxx Europe 600 Index surged 1% as of 10:34 a.m. London time. Futures on the S&P 500 […]

Feb 03
Asian shares sink as virus fears maul China’s markets

Asian shares were dragged to near two-month lows on Monday by Chinese markets, which plunged on their first trading day after a long break on fears the coronavirus epidemic would hit demand in the world’s second-largest economy. Asian Shares Futures on the S&P 500 Index increased 0.4% as of 10:18 a.m. London time. Nasdaq 100 […]