News

Mar 05
Asian shares rise following stimulus-led surge on Wall Street

Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its economic impact. Asian Shares Japan’s benchmark Nikkei 225 rose 0.8% to 21,262.49. Australia’s S&P/ASX 200 added 1% to 6,390.60. South Korea’s Kospi gained 0.7% to 2,073.99. […]

Mar 04
Asian shares battle despite Fed cut

Asian shares struggled to find footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the US Federal Reserve seemed to stoke rather than soothe fears over the coronavirus’ widening global economic fallout. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% amid choppy trade across the region, […]

Feb 28
Global stocks set for worst week since 2008 financial crisis

Global stocks were headed for their worst week since the 2008 financial crisis as Asia-Pacific markets sold off for a seventh day on coronavirus fears with shares in Tokyo following Wall Street into correction territory. Global Stocks The MSCI World index was down 9.4 per cent for the week on Friday, the worst performance since […]

Feb 27
European markets fall heavily on spreading coronavirus

Asian shares fell Wednesday (Feb 26) on growing fears the spread of Covid-19 may be unstoppable, hurting global growth considerably. Asian Shares Japan’s benchmark Nikkei 225 declined 0.8% to finish at 22,426.19. Australia’s S&P/ASX 200 dipped2.3% to 6,708.10. South Korea’s Kospi lost 1.0% to 2,076.77. Hong Kong’s Hang Seng declined 0.8% to 26,674.67. The Shanghai […]

Feb 26
 Asian shares slid Wednesday following another sharp fall on Wall Street

Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy. Asian Shares Japan’s benchmark Nikkei 225 declined 1.1% to 22,357.39. Αustralia’s S&P/ASX 200 dipped 2.1% to 6,720.70. South Korea’s Kospi lost 1.1% at 2,080.46. Hong Kong’s Hang Seng […]

Feb 25
Global stocks pause after coronavirus shakeout

Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous day’s sharp selloff on fears about the spreading coronavirus. European shares recorded their worst one-day loss since June 2016 on Monday as worries about the spread of the new virus […]