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Asian stocks fell in Tuesday afternoon trade as U.S. crude prices plunged to negative levels overnight. Asian Stocks The Shanghai composite down 1.35% while the Shenzhen composite shed 1.556%. Hong Kong’s Hang Seng index fell 2.29%. In Japan, the Nikkei 225 fell 2.18% as shares of index heavyweights Fast Retailing and Softbank Group dropped at least 4% each. The Topix index also shed 1.35%. […]

Asian Shares surged Friday morning in Asia after China reported economic data that, while bleak, was better than expected. The strong open followed an overnight rally on Wall Street powered by buying of Amazon, health care stocks and other market niches that are thriving in the coronavirus crunch. China reported its economy contracted 6.8% in […]

Asian Stocks fell in Thursday afternoon trade as concerns over the scale of the economic fallout of the coronavirus pandemic continued to weigh on sentiment. Asian Stocks The Nikkei 225 in Japan fell 1.45% in afternoon trade as shares of Fanuc declined 2.74%. The Topix index dropped 0.96%. South Korea’s Kospi shed 0.28%. Mainland Chinese stocks edged lower in early trade, […]

Global share markets dipped into the red on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage done during the coronavirus panemdic even as some countries try to re-open for business. China moved again to cushion its economy, cutting a key medium-term interest rate to record lows, paving the […]

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak. World Stocks European stock markets opened stronger, with the pan-European STOXX 600 index rising 0.6% to its highest since March 11. The gains […]

Asian shares were mostly lower Monday in Asia while crude prices gained more than $1 per barrel after OPEC and other oil producing nations agreed to cut output to reflect the collapse of demand due to the pandemic. Asian Shares Markets in Hong Kong, Sydney and some other regional markets were closed for Easter holidays. […]