Category: Stock Market

Mar 01
Asian Markets rose on Friday; MSCI speeds up boost to China

Asian markets rose on Friday, driven by a rally in Chinese markets after index publisher MSCI announced it would boost the proportion of mainland shares in its global benchmarks, while strong U.S. economic data helped the dollar higher. Asian markets South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan up more than 0.3 […]

Feb 28
Asian Stocks Declined on Thursday

Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal. Asian Stocks South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped in and out of the red. The Shanghai Composite […]

Feb 27
Asian shares slightly up towards a five-month high

Asian shares inched towards a five-month high on Wednesday and the dollar hovered near a three-week low after Federal Reserve Chairman Jerome Powell reinforced the U.S. central bank’s shift to a more “patient” approach on policy in the face of a slowing economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan advanced nearly 0.2 […]

Feb 26
Asian shares dropped; pound rise on Brexit delay hopes

Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal. In other news, the pound advanced on hopes UK Prime Minister Theresa May will delay a Brexit deadline. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan  fell 0.5 percent. […]

Feb 25
Asian stocks mostly higher after Trump tariff extension

Asian stocks led Asia higher on Monday after U.S. President Donald Trump confirmed he would delay a planned hike in tariffs on Chinese imports as talks between the two sides made “substantial progress”. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan  added 0.3 percent to the highest since October, and is up 10 percent for […]

Feb 22
Asian shares dropped; progress in trade talks Sino-US

Shares in Asia slipped on Friday as a deteriorating global economic outlook outweighed further signs of progress in trade talks between China and the United States. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1 percent. Chinese blue-chip shares were down 0.1 percent. Seoul’s Kospi lost 0.3 percent. Shares in Taiwan were also […]

Feb 21
Asia shares steady on after Fed minutes, Aussie rallies

Asian shares pulled ahead to fresh 4-1/2-month highs on Thursday after the U.S. Federal Reserve affirmed it would be “patient” on further interest rate rises and as Sino-U.S. trade talks hinted of progress towards a deal in their tariff war. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent. Australian shares […]

Feb 20
Asian Stocks Edge Higher on Earnings

Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose nearly 1.0 percent. Hong Kong’s Hang Seng gained 1.1. Chinese shares rose 0.4 percent. Japan’s Nikkei gained 0.75 percent […]

Feb 19
Asian shares hover with four-month highs

Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-U.S. trade talks, while the yen slipped as the Japanese central bank said it won’t rule out further policy easing. Asian Shares E-mini futures for the S&P 500 and the Dow were a shade weaker. Japan’s Nikkei nudged up 0.2 percent. Australian shares climbed 0.3 […]

Feb 18
Asia stock markets bounce on trade talk

 Asian stock markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent. Japan’s Nikkei climbed 1.8 percent to its highest level of the year […]