News

Oct 21
Asian stocks gain, yuan soars as traders bet on U.S. stimulus, again

Asian shares and U.S. stock futures rose on Wednesday as renewed hopes for a new round of U.S. stimulus drew money into equities from government debt. Asian Shares and EU Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.51%, while Tokyo shares .N225 gained 0.42%. Australian stocks .AXJO edged up by 0.09%, but shares in China .CSI300 fell 0.33% European […]

Oct 20
Asian markets pull back as hopes fade for U.S. stimulus

Asian markets slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. Asian Shares Japan’s benchmark Nikkei 225 NIK, -0.44% declined 0.3% in morning trading.  South Korea’s Kospi 180721, +0.49% slipped 0.2%. Australia’s S&P/ASX 200 XJO, -0.71% fell […]

Oct 19
Asian shares lifted by stronger China growth numbers

Asian shares advanced on Monday after China reported its economy grew at a 4.9% annual pace in the last quarter, with consumer spending and industrial production rising to pre-pandemic levels. Asian Shares Hong Kong’s Hang Seng index HSI, 0.83% gained 0.7% while the Shanghai Composite SHCOMP, -0.71% slipped 0.3% and the smaller-cap Shenzhen Composite 399106, -0.70% retreated 0.2% as the relatively strong economic data doused […]

Oct 16
Asian shares mixed amid 2nd wave coronavirus, election fears

Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. Asian Shares Japan’s benchmark Nikkei 225 inched up less than 0.1% by midday to 23,523.37. Australia’s S&P/ASX 200 shed 0.2% to 6,196.10. South Korea’s Kospi declined […]

Oct 15
Asian shares mixed on fading US stimulus hopes, virus concerns

Asian shares were off to a mixed start on Thursday as hopes of US fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold. Downbeat comments from US Treasury Secretary Steven Mnuchin that a stimulus deal was unlikely be […]

Oct 14
European stocks and U.S. equity futures rise as traders watch earnings and pandemic worries

European stocks shook off early losses to inch higher on Wednesday, while U.S. stock futures also rose, as investors weighed up earnings news and concerns over the COVID-19 pandemic. The Stoxx Europe 600 index SXXP, -0.09% inched up 0.2%, after snapping a three-session win streak on Tuesday with a 0.6% decline. The German DAX DAX, -0.05% and the French CAC 40 PX1, -0.17% rose […]