Shares in Asia-Pacific mostly jumped on Tuesday, as stocks in c among the region’s major markets.
The Taiex in Taiwan surged 5.16% to close at 16,145.98. Those gains followed a nearly 3% drop on…
Oil prices climbed on Tuesday, extending gains from the previous day, as optimism over the reopening of the U.S. and European economies outweighed fears of slower fuel demand in Asia…
Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.7% to 1,035.93 tonnes on Monday.
Earnings on wall street this week will be scrutinized for clues on whether rising prices had any impact on consumer demand and if retailers can sustain their strong earnings momentum.
Shares in Asia-Pacific were mixed on Monday trade as investors reacted to the release of Chinese economic data while also monitoring the Covid situation in places such as Taiwan, which…
Oil prices edged lower on Monday as the recovery of a major U.S. pipeline network eased concerns about oversupply, and a new wave of COVID-19 restrictions in Asia fuelled fears…
On the global markets front, telecommunications and internet conglomerate SoftBank Group posted the highest-ever annual net profit for a Japanese company.
Wall Street closed higher in a broad rally, an upbeat conclusion to whipsaw week of buying and selling as signs of a rebounding economy squared off against mounting inflation jitters.
All…
Spot gold rose 0.6% to $1,837.25 per ounce by 1503 GMT, heading for second week of gains. U.S. gold futures climbed 0.7% to $1,836.10.
Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the…
Shares of Singapore Airlines plunged 5.66% in Asian trading hours, while Cathay Pacific’s stock in Hong Kong edged 0.31% higher.
The pullback in Treasury yields helped gold to recoup some of the previous day’s losses on wall street, when rising bond yields dampened the allure of non-yielding bullion.
Major Asia-Pacific stock markets declined on Thursday, as Wall Street fell sharply with inflation data triggering fears of a rate hike.
Mainland Chinese markets fell in the morning. The Shanghai Composite was…
Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the world’s third-biggest importer of crude, tempered a rally driven by…
Wall Street suffered the biggest slump in at least 11 weeks on Wednesday and benchmark Treasury yields jumped after data showed consumer prices in April unexpectedly rose by the highest…
Asia-Pacific shares were mostly down on Wednesday, as Taiwan’s markets tumbled after authorities said they may raise its COVID-19 alert level after an outbreak in recent days.
The Taiwan Stock Exchange…
Oil prices rose on Wednesday after a drop in U.S. crude inventories reinforced OPEC's robust demand outlook, while the market awaited fresh updates on the Colonial Pipeline outage.
U.S. West Texas…
The spread between benchmark two- and 10-year Treasuries on wall street also widened slightly to 146 basis points, up more than 1 basis point from the previous day.
Most Asia-Pacific markets came under pressure on Tuesday, following a sell-off in tech stocks that weighed down major U.S. indexes overnight.
Stocks in Taiwan led declines across the region, with the benchmark…
Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the rest of this week led some U.S. Gulf Coast refiners…
The Dow Jones Industrial Average hit a record high on Monday on wall street on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued…
Stock markets in Asia-Pacific were broadly higher on Monday, shrugging off the weaker-than-expected April U.S. jobs reports; while oil futures advanced.
South Korea’s Kospi was one of the largest gainers, rising 1.6% in…
Crude oil prices edged higher on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in the United States and highlighted the fragility of its oil…
Three-month copper on the London Metal Exchange touched its all-time high level of $10,660.50 a tonne earlier in Monday’s early trading session.
Shares in Europe climbed on stronger-than-expected earnings results and growing confidence in a global economic recovery. In local currency terms, the pan-European STOXX Europe 600 Index ended the week 1.72%…
For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.
In Asia, Chinese mainland shares were unable to hold on to earlier gains: The Shanghai composite closed down 0.65% at 3,418.87 while the Shenzhen component lost 1.95% to 13,933.81.
Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United States even as the surging pandemic in India capped prices.
Brent crude…
Spot gold was up 0.3% at $1,820.35 per ounce by 0524 GMT, after hitting its highest since Feb. 16 earlier in the session.
The Dow Jones Industrial Average rose 0.92% to end at 34,545.11 points, while the S&P 500 gained 0.82% to 4,201.58. The Nasdaq Composite climbed 0.37% to 13,632.84
Asia-Pacific stock markets traded mixed on Thursday as investors look ahead to the U.S. jobs report due later this week for clues about how long the Fed will stay on…
Oil prices fell on Thursday as gasoline inventories in the United States, the world’s largest oil consumer, rose for a fifth consecutive week, although a draw in crude stockpiles helped…
Wall Street’s main indexes and the Dow hit a record high on Wednesday, as growth stocks bounced from a steep selloff in the previous session and a survey showed private…
Australian shares rose on Wednesday while some of the other major Asia-Pacific markets are closed for the day.
The benchmark ASX 200 traded 0.7% higher at 7,117.60, with the heavily-weighted financials subindex up…
Oil prices edged higher on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell much more than expected last week, reinforcing bullish views on…
The Nasdaq ended sharply lower on Tuesday as investors dumped mega-cap growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and…
Stocks in Asia-Pacific were mixed in Tuesday afternoon trade with major markets in Japan and China still closed for holidays.
Hong Kong’s Hang Seng index rose 0.25% by the afternoon. In Taiwan, the Taiex looked…
Oil prices added to overnight gains on Tuesday, as more U.S. states eased lockdowns and the European Union sought to attract more travellers, which would help offset weakened fuel demand…
Wall Street's benchmark indices, the S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings season, while the Nasdaq came under pressure from declines in…
Asian stock markets are mostly lower on Monday, following broadly negative cues from Wall Street on Friday. The markets are cautious amid the surge in coronavirus cases in the region,…
Gold prices ticked up on Monday, supported by a muted dollar ahead of a series of U.S. data, while auto-catalyst metal palladium held firm after surpassing $3,000 per ounce on…
Oil prices fell on Monday as a fatal second wave of a coronavirus epidemic hit India cutting short the demand outlook, offsetting optimism about a strong rebound in demand in…
Core eurozone bond yields trended higher compared to other global markets amid concerns that the U.S. Federal Reserve might consider tapering its bond purchasing program.
Wall Street ended lower on Friday, with Apple, Alphabet and other tech-related companies weighing on the S&P 500 and Nasdaq despite recent strong quarterly earnings reports.
A day after the S&P…
Asia-Pacific markets struggled for gains Friday as investors turned cautious, despite a positive finish stateside in the previous session.
Australia’s ASX 200 fell 0.7% as all sectors turned red. Energy and materials were…
Oil prices slipped on Friday after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil to curb the COVID-19 pandemic offset a bullish outlook…
Wall Street's S&P 500 and Nasdaq indexes hit record levels on Thursday after stellar earnings from Apple and Facebook powered a rally in tech stocks, while upbeat economic data supported…
Stocks in Asia-Pacific mostly rose in Thursday trade, as investors reacted to the U.S. Federal Reserve’s decision to keep its easy money policy in place.
South Korea’s Kospi gained 0.23% in afternoon trade while the S&P/ASX 200 in…
Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan and…
Boeing Co fell 2.9% on wall street after posting a wider-than-expected quarterly loss and pausing 737 MAX deliveries over an electrical issue that has partly re-grounded the fleet.
Shares in Asia-Pacific were mixed on Wednesday; however, already-high valuations ahead of the U.S. Federal Reserve’s latest policy decision capped gains.
In Japan, the Nikkei 225 rose by 0.21% to close…
Oil prices edged lower on Wednesday with a rapid spread of COVID-19 infections in India, a bigger-than-expected build in U.S. crude stocks outweighing confidence shown by OPEC and its allies…
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from…
Shares in Asia-Pacific were lower in Tuesday trading as concerns about the pandemic continued to linger.
In Japan, the Nikkei 225 shed 0.15% while the Topix index shed 0.44%.
Nikkei 225 Index Performance Chart
The…
Oil was up Tuesday morning in Asia, bouncing back from the previous session’s drops. However, investors remained concerned about fuel demand recovery as the number of COVID-19 cases in India,…
The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc and other heavyweight growth stocks ahead of a deluge of earnings reports this week.
The Nasdaq's…
Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising COVID-19 cases in the region weighed on sentiment, pushing…
On Monday, oil prices fell on fears that surging COVID-19 cases in India will drive down fuel demand in the world’s third-biggest oil importer and as investors adjusted positions ahead…
Despite a brief global markets rally on Thursday, it was a disappointing week for Japanese equity markets—weighed down by weakness across all sectors as the government enhanced its response to…
Stocks in Asia-Pacific were mixed on Friday, with the price of bitcoin tumbling below $49,000.
The Nikkei 225 in Japan fell 0.57% to close at 29,020.63, while the Topix index shed 0.39%…
Oil prices rose on Friday on hopes of a fuel demand recovery in the United States and Europe as economic growth picks up and lockdowns ease, but worries about India’s…
Wall Street was mixed on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a…
Stocks in Asia-Pacific rose on Thursday, with Japanese shares leading gains among the region’s major markets.
The Nikkei 225 in Japan jumped 2.38% to close at 29,188.17, recovering partially from two days of…
Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a…
Gold prices rose on Thursday to hover near an eight-week high touched in the last session, as a sagging dollar and weaker U.S. Treasury yields boosted the metal’s appeal, while…
Wall Street rebounded on Wednesday after a two-day decline in a broad rally as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc’s sell-off after…
Stocks in Asia-Pacific largely fell on Wednesday as a surge in coronavirus cases in countries like India weighed on the economic outlook and investor sentiment.
In Japan, the Nikkei 225 dropped 2.03% to…
Oil prices edged lower for a second day on Wednesday, weighed down by concerns that surging COVID-19 cases in India will drive down fuel demand in the world's third-biggest oil…
Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travel-related shares and investors had second thoughts about big U.S.…
Shares in Asia-Pacific were mixed in Tuesday trade as China kept its benchmark lending rate unchanged.
Stocks in Japan led to losses among the region’s major markets, with the Nikkei 225 falling…
Gold prices slipped on Tuesday after hitting a seven-week high in the previous session, as a rise in U.S. Treasury yields eclipsed support from a weaker dollar.
Spot gold was down 0.2%…
Oil prices rose on Tuesday, supported by a weaker U.S. dollar which boosts demand for dollar-denominated assets from buyers holding foreign currencies. Additionally, there are expectations that crude inventories fell…
GameStop Corp jumped 6.3% on wall street after the announcement of its chief executive’s resignation while Harley-Davidson Inc jumped 9.7% after the motorcycle maker raised it full-year forecast for sales…
Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge in Covid-19 infections.
Mainland Chinese stocks led gains among the region’s…
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with…
Shares in Europe rose to follow other global markets on hopes of a strong recovery in the global economy and corporate earnings, despite a resurgence in coronavirus infections
The three main Wall Street Indices ended Friday higher for the day and week, with the S&P 500 and the Dow breaking closing records, as investors took strong economic data…
Shares in Asia-Pacific edged higher on Friday as investors reacted to the release of Chinese economic data.
Mainland Chinese stocks closed higher as the Shanghai composite gained 0.81% to 3,426.62 while the Shenzhen component advanced 0.296%…
Oil prices extended gains on Friday, recording a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States,…
The S&P 500 scored its second closing high this week, and the Dow surpassed its previous peak on April 9. The Nasdaq Composite finished above 14,000 for the first time…
Stocks in Asia-Pacific were mixed in Thursday trade, with Australia’s jobs data for March beating expectations.
In Australia, the S&P/ASX 200 gained 0.39%.
ASX 200 Index Performance Chart
Australia’s unemployment rate for March came in…
Oil prices tumbled on Thursday after holding around one-month highs in the previous session, having surged at around 5% after the International Energy Agency (IEA) and OPEC raised forecasts for…
The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84, weighed by technology-related stocks including Apple Inc, Microsoft Corp and Tesla Inc.
Shares in Hong Kong led gains in Asia-Pacific during Wednesday trade as Chinese tech stocks listed in the city jumped.
Hong Kong’s Hang Seng index led to gains among the region’s major…
Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. crude stockpiles followed by OPEC raising its outlook for oil…
The S&P 500 posted 43 new 52-week highs and one new low; the Nasdaq Composite recorded 60 new highs and 81 new lows with Advancing issues outnumbering declining ones on…
Shares in Asia-Pacific were mixed on Tuesday, with South Korea leading major markets regionally.
By end of trading on Tuesday, the Kospi in South Korea was 1.07% higher, at 3,169.08 while…
Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites and an expected drawdown in crude…
Tesla Inc rose 3.7% on wall street after Canaccord Genuity upgraded the electric-car maker’s shares to “buy,” saying the company could become “the brand” in energy storage.
Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses.
The losses came as the COVID-19 situation in the country remains severe, with India recording high…
Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in some regions. In contrast, a rising dollar reduced…
Global markets hit record highs on Tuesday, supported by strong economic data from China and the US, while currency and bond markets paused for breath after a month of rapid…
Wall Street's benchmarks, the S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks,…
Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record closing high overnight.
Hong Kong’s Hang Seng index dipped 0.72% by the afternoon.
Shares…
Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic.
Brent…
Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5
Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight.
Hong Kong’s Hang Seng index led gains among the region’s major markets, rising 1.16%…
Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in the world’s biggest consumer of the…
Analysts have raised expectations for first-quarter of Wall Street’s S&P 500 component earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on…
Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to gradually ease oil output cuts from May.