News

May 07
Asian shares off five-week low, remain fragile on renewed U.S.-China trade worries

Asian shares staggered up from five-week lows on Tuesday but remained fragile after U.S. President Donald Trump’s latest threat to raise tariffs on Chinese goods shocked financial markets and fueled worries that trade talks may be derailed. Asian Shares Trump tweeted on Sunday that he would raise tariffs on $200 billion worth of Chinese goods […]

May 06
Global shares, oil slump after Trump vows China tariff hike

Asian shares tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.9 percent. Chinese blue-chips lost more […]

Apr 19
Asian markets remain closed for Good Friday

Asian markets traded higher on Friday while other Asia Pacific markets, including Australia, Hong Kong, Singapore and Indonesia, were closed for a public holiday. Asian markets “Recent Chinese data is boosting confidence in the Chinese economy while earnings have not been bad either,” said Yukino Yamada, senior strategist at Daiwa Securities. The Nikkei 225 in Japan rose […]

Apr 16
Asian stocks ticked up on Tuesday

Asian stocks ticked up on Tuesday staying near a nine-month as hopes of stabilization in the Chinese economy helped investors shrug off Wall Street’s underperformance that followed disappointing bank earnings. Asian Stocks “Recent Chinese data is boosting confidence in the Chinese economy while earnings have not been bad either,” said Yukino Yamada, senior strategist at […]

Apr 15
Asian shares neared nine-month highs on Monday

Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy. Asian Shares   MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.4 percent. Chinese shares were buoyant, […]

Apr 12
Asian shares were mixed on Friday

Asian shares were mixed in Friday afternoon trade as investors awaited the release of Chinese trade data for March. Stronger U.S. economic data helped offset some concerns about global growth. Asian Shares    MSCI’s broadest index of Asia-Pacific shares outside Japan was barely higher, up 0.03 percent. Australia’s S&P/ASX 200 index up 0.7 percent. Japan’s Nikkei […]