Tag: Asian Shares

Jun 03
Asian Shares rise as Wall Street gains for 3rd straight day

Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Asian Shares Japan’s benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. Australia’s S&P/ASX 200 rose 0.8% to 5,882.60. South Korea’s Kospi surged 2.6% to 2,141.28. […]

May 19
Asian shares, oil rally on vaccine hopes, euro at two-week highs

Asian shares jumped on Tuesday and oil extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. The vaccine optimism sent treasury yields surging overnight as investors dumped bonds, while gold came off its peak. Spot prices were […]

May 11
Asian Shares push higher as more countries ease lockdowns

Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases. Asian Shares MSCI (NYSE:MSCI)’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) firmed 1.1%. Japan’s Nikkei (N225) added 1.6%. Chinese blue chips (CSI300) 0.7%. E-Mini […]

May 06
U.S. stock futures, Chinese shares slip, Οil falters

Stocks struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors fretted over Sino-U.S. tensions, while oil ended an extended winning streak on oversupply risks amid weak demand. Stocks Wall Street futures turned negative after starting higher, with E-minis for the S&P500 ESc1 off […]

Apr 30
Asian shares rise on hopes for drug to treat coronavirus

Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to override data showing the U.S. economy had logged its worst quarterly performance since 2009. Asian Shares Japan’s benchmark Nikkei 225 surged 2.6% in morning trading to 20,277.56. […]

Apr 28
European Shares Gain as Economies Inch Toward Reopening

European shares and Asian stocks on Tuesday as governments contemplated reopening their economies and the earnings season gathered pace. Crude oil extended its plunge, and the dollar weakened. Elsewhere, shares in Japan finished slightly higher and those in Australia edged down while South Korean and Hong Kong equities climbed in a choppy Asian session. Stocks […]

Apr 23
Asian shares rise moderately as oil prices recover

Asian shares rose moderately Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero. Asian Shares Japan’s benchmark Nikkei 225 added 1.2% to 19,370.42 in morning trading. South Korea’s Kospi rose 06% to 1,907.92. Australia’s S&P/ASX 200 also added 0.6% to 5,252.20. Hong Kong’s Hang Seng edged up 0.7% […]

Apr 17
Asian shares climb in morning trade on China

Asian Shares surged Friday morning in Asia after China reported economic data that, while bleak, was better than expected. The strong open followed an overnight rally on Wall Street powered by buying of Amazon, health care stocks and other market niches that are thriving in the coronavirus crunch. China reported its economy contracted 6.8% in […]

Apr 15
Global share markets dipped into the red on Wednesday

Global share markets dipped into the red on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage done during the coronavirus panemdic even as some countries try to re-open for business. China moved again to cushion its economy, cutting a key medium-term interest rate to record lows, paving the […]

Apr 10
Asian shares steady after Wall St caps best week since 1974

Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve’s titanic effort to support the economy through the coronavirus crisis. Asian Shares Many regional markets were closed. Japan’s Nikkei 225 index edged 0.1% lower to 19,326.78. The Shanghai Composite index […]