Asian shares were slightly higher on Friday on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. Those concerns blunted some of the optimism, with liquidity light during Asian trading as China and Hong Kong markets were shut for a […]
Share markets were in a muted mood on Thursday as fears the U.S. trade tussle with Mexico would further depress global growth warred with wagers central banks would have to respond with fresh stimulus. Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.2% in very thin trade. Japan’s Nikkei ended all but […]
Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5%. Japan’s Nikkei average climbed 1.9%. Chinese shares also rebounded, with the benchmark Shanghai Composite up […]
Asian shares fell on Tuesday, following a volatile Wall Street session as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds. Asian shares The broad index was pulled lower by Chinese shares. China’s blue-chip CSI300 index (CSI300) was 1.17% lower, and the Hang Seng […]
Asian share markets, U.S. stock futures and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington’s new tariff threats against Mexico could tip the global economy into a recession. Asian Share Markets E-mini futures for S&P500 dropped 0.5% in early Asian trade to 2,738, near their March low of […]
Asian stocks extended a month-long slide and sovereign bonds surged on Friday after U.S. President Donald Trump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling. Asian Stocks Japan’s Nikkei fell 1.2% in early trade, to be down 7% for the month so far. MSCI’s broadest […]
Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. Asian Stocks Japan’s Nikkei was down 0.85% and Australian stocks shed 0.7%. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng lost 0.35%. Japan’s Nikkei was […]
Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing. In Asia, focus remains on the ongoing Sino-U.S. trade war. U.S. President Donald Trump said on Monday that Washington was not ready to make a […]
Asian stocks hovered near four-month lows on Monday amid concerns about U.S.-China tensions while the euro was confined to a narrow range after the weekend’s European Parliament elections. Asian Stocks Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after comments from U.S. President Donald Trump on trade […]
Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.2 percent. Chinese shares recovered […]