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Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Asian Shares Japan’s benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of emergency still in effect for Tokyo and seven other […]
Asian shares jumped on Tuesday and oil extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. The vaccine optimism sent treasury yields surging overnight as investors dumped bonds, while gold came off its peak. Spot prices were […]
Asian stocks rose Monday after the chief U.S. central banker expressed optimism the the American economy might start to recover this year from the coronavirus pandemic. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced Asian and EU Stocks Stocks The Stoxx Europe 600 Index climbed 1.9%. Futures on the S&P 500 Index rose […]
Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by continuing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude was up $1.19, or 3.7 percent, at $33.69 a […]
Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. Asian Shares Japan’s benchmark Nikkei 225 edged down nearly 0.2% to 19,881.46 in morning trading. South Korea’s Kospi fell 0.3% to 1,919.51. Australia’s S&P/ASX 200 gained 0.6% to 5,362.80. Hong […]
Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the head of the U.S. Federal Reserve dashed hopes for a quick economic recovery. “The path ahead is both highly uncertain and subject to significant downside risks,” Fed Chair Jerome […]