News

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 […]

Jan 31
Asian shares close the week with losses amid coronavirus fears

Asian shares fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases, mounting deaths, flight suspensions and production pauses at factories. Asian Shares Futures on the S&P 500 Index declined 0.3% as of 9:15 a.m. London time. Nasdaq 100 Index futures […]

Jan 30
Asian shares fell on Thursday as the U.S. Federal Reserve kept interest rates on hold

Asian shares fell on Thursday as the U.S. Federal Reserve kept interest rates on hold and investors continued to watch for developments on the ongoing coronavirus outbreak. Asian Shares Hong Kong’s Hang Seng index fell 2.62% to close at 26,449.13. The Nikkei 225 in Japan slipped 1.72% to close at 22,977.75 while the Topix index declined 1.48% […]

Jan 29
Asian shares fell on Wednesday but futures offer hope

Asian shares fell on Wednesday as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and added to worries about the economic impact of the outbreak. Asian Shares European futures rose 0.22% in early trading and U.S. stock futures were up 0.27%. Chinese stock futures in Singapore rebounded from two days of […]