Tag: Asian Stocks

Oct 31
Asian stocks mixed as Fed slashes rates

Stocks in Asia were mixed on Thursday after the U.S. Federal Reserve cut interest rates for the third time this year and indicated the possibility of a pause in easing monetary policy. Asian Stocks South Korea’s Kospi closed 0.15% higher at 2,083.48. Japan, the Nikkei 225 rose 0.37% to close at 22,927.04, with shares of index heavyweight Softbank Group surging 3.71%. The Topix index […]

Oct 29
Asian Stocks mixed as hope rises on US-China Trade

Asian stocks were mixed on Tuesday as investors monitored further developments on the U.S.-China trade front, with the two economic powerhouses working toward a deal. Asian Stocks In Japan, the Nikkei 225 rose 0.47% to close at 22,974.13 . The Topix gained 0.86% to finish its trading day at 1,662.68. South Korea’s Kospi closed slightly lower at […]

Oct 03
Asian stocks tumbled to a one-month low on Thursday

Asian stocks tumbled to a one-month low on Thursday as already-growing market fears about global growth were fanned by the United State announcement of new import tariffs on products from the European Union. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.60%. Japan’s Nikkei stock index closed down 2.00%, the biggest […]

Sep 26
Asian stocks rose on Thursday; trade talks may soon end

Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed. Asian Stocks Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm […]

Sep 25
Asian stocks rattled; Trump impeachment bid raises new risks

Asian stocks fell on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world’s largest economy. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.82%. Japan’s Nikkei fell 0.63%, while Australian shares fell 0.60%. U.S. stock futures,, rose 0.06% […]

Sep 16
Asian stocks mixed; Oil prices jump more than 10%

Asian stocks were mixed in Monday afternoon trade, as oil prices surged following drone attacks over the weekend that hit major oil production facilities in Saudi Arabia. Asian stocks The Shanghai composite up 0.1% The Shenzhen component gained 0.34%. Shenzhen composite added 0.503%. Hong Kong’s Hang Seng index shed 1%. Shares of Hong Kong Exchanges […]

Sep 10
Asian stocks mostly weaker

Asian stocks swung lower on Tuesday, weighed by Chinese markets after data showed mainland factory prices shrinking at their fastest pace in three years while reports of German stimulus plans pushed global bond prices down Asian Stocks China’s producer price index fell 0.8% in August year-on-year. Blue chip shares in China (CSI300) down 0.76%. Index […]

Sep 05
Asian shares extended gains on Thursday

Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war before it inflicts further damage on the global economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up […]

Sep 04
Asian stocks track Chinese gains

Asian stocks followed a firmer Chinese lead on Wednesday after a report showed growth in the country’s service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted. Asian Stocks The Shanghai Composite Index added 0.3% while the blue-chip CSI300. MSCI’s index of Asia-Pacific shares […]

Sep 02
Asian stocks mixed; new US-China tariffs into effect

Asian stocks were mixed on Monday afternoon as new U.S. and China tariffs went into effect over the weekend. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.24%, Shenzhen component was up 1.69%. The Shenzhen composite also gained 1.728%. Elsewhere, the Nikkei 225 in Japan shed 0.35%, while the Topix index also fell 0.37%. […]