News

Mar 27
Asian stocks rise amid the hope of more stimulus hopes

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after US unemployment filings surged to a record. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%. Australian shares gave up gains to fall 1.09%, but Japan’s Nikkei rose 1.44%. E-Mini futures […]

Mar 26
Asian Stocks Mixed on Thursday

Asian stocks were mixed on Thursday as investors awaited the release of U.S. jobless claims data expected later in the day stateside. Asian Stocks Shares in Japan led losses among the region’s major markets. The Nikkei 225 falling 4.51% to close at 18,664.60 as shares of index heavyweight Fast Retailing plunged 13.16%. The Topix index […]

Mar 25
Shares open higher on Wall Street after deal on virus aid

Asian shares gained on Wednesday in the wake of Wall Street’s massive rebound as U.S. senators and Trump administration officials reached an agreement on a giant economic stimulus bill to alleviate the economic impact of the coronavirus outbreak. Shares European benchmark stock futures rose more than 1% in early trade but U.S. stock futures were […]

Mar 24
Asian stocks rallied on Tuesday

Asian stocks rallied on Tuesday as the U.S. Federal Reserve’s promise of bottomless dollar funding eased painful strains in financial markets, even if it could not soften the immediate economic hit of the coronavirus. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan added 1.2 percent, though that followed a drop of almost 6 […]

Mar 23
Asian shares, US futures sink as virus crisis deepens

U.S. futures dropped more than 4% and Australia’s share benchmark initially plunged 8.5% as work on more stimulus for the U.S. economy hit snags in the U.S. Senate. Asian Shares & U.S. futures Shares dropped more than 4% in Hong Kong and 5% in South Korea. The Shanghai Composite index lost 2.6%. Japan’s Nikkei 225 […]

Mar 20
Asian markets rise while US stock futures struggle

Asian markets jumped Friday while US stock stuttered after yet another volatile day of trading. Asian Markets and U.S futures South Korea’s Kospi was last up 4.5%, putting the benchmark index on pace to record its first gains since March 10. Hong Kong’s Hang Seng Index increased 2.8%, while Australia’s S&P/ASX 200 advanced 1.9%. China’s […]