Tag: Asian Stocks

Feb 13
Asian stocks fall further amid oil market turmoil

Asian stocks markets fell further Wednesday as oil prices recovered some of their record-setting losses amid anxiety about the coronavirus pandemic’s mounting economic damage. Asian Stocks Tokyo’s Nikkei 225 fell 1.2% to 19,050.33. Hong Kong’s Hang Seng was down 0.7% at 23,626.04. The Shanghai Composite Index was off 2 points at 2,824.91. The Kospi in […]

Nov 12
Asian stocks pare gains amid caution about bets on coronavirus vaccine

Asian stocks pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares (CSI300) erased early gains and fell […]

Nov 11
Asian stocks up, bonds down as vaccine shields against second-wave worries

Asian stocks gained on Wednesday, as news of a working COVID-19 vaccine seemed to inoculate investors against worry about surging infections, while the kiwi leapt as traders pared bets on New Zealand imposing negative interest rates. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% . Japan’s Nikkei rose 1.8%, although most […]

Oct 27
Asian shares hit by surging coronavirus cases, U.S. stimulus woes

Asian shares markets fell on Tuesday as soaring global coronavirus cases and slow progress on a U.S. stimulus deal hammered investor sentiment and took a toll on Wall Street. Asian Shares S&P 500 futures rose 0.3% as of 7:01 a.m. in Tokyo. The S&P 500 Index decreased 1.9%. Topix index fell 0.1%. Australia’s S&P/ASX 200 […]

Oct 19
Asian shares lifted by stronger China growth numbers

Asian shares advanced on Monday after China reported its economy grew at a 4.9% annual pace in the last quarter, with consumer spending and industrial production rising to pre-pandemic levels. Asian Shares Hong Kong’s Hang Seng index HSI, 0.83% gained 0.7% while the Shanghai Composite SHCOMP, -0.71% slipped 0.3% and the smaller-cap Shenzhen Composite 399106, -0.70% retreated 0.2% as the relatively strong economic data doused […]

Oct 06
Most Asian Stocks Follow U.S. Gains

Asian stocks followed their U.S. peers higher amid optimism over President Donald Trump leaving hospital and that lawmakers will move closer to providing more stimulus. The dollar remained under pressure and Treasuries steadied. European stock markets are seen opening largely unchanged Tuesday, with investors pausing to digest the news of President Donald Trump’s to the […]

Sep 30
Asian stocks dip on US market cues

Asian stocks slipped and the dollar was under pressure on Wednesday in the lead up to the first U.S. presidential debate, as financial markets looked to take a measure of both candidates. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.1% in early trade. It is headed for a monthly drop […]

Jun 19
Asian Stocks Mixed amid concern over coronavirus hotspots

Asian stocks were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections. Global markets have recovered most of this year’s losses as investors look ahead to a possible rebound from the deepest economic slump since the 1930s. But analysts say […]

Apr 29
Asian shares cautious ahead of Fed, corporate earnings

Asian shares were cautiously higher on Wednesday as investors paused ahead of the US Federal Reserve’s policy decision while oil prices jumped on hopes demand will pick up as many countries lift some of the coronavirus-related restrictions. Asian Shares “The market narrative remained centered around recent competing themes with stimulus and reopening flagged as large […]

Apr 22
Asian stocks fall further amid oil market turmoil

Asian stocks markets fell further Wednesday as oil prices recovered some of their record-setting losses amid anxiety about the coronavirus pandemic’s mounting economic damage. Asian Stocks Tokyo’s Nikkei 225 fell 1.2% to 19,050.33. Hong Kong’s Hang Seng was down 0.7% at 23,626.04. The Shanghai Composite Index was off 2 points at 2,824.91. The Kospi in […]