Stocks on wall street closed modestly higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the...
Shares in Asia-Pacific were mixed in Friday trade, with the BSE Sensex in India touching a record high. In Friday Asia trade, the Sensex rose to 52,641.53 — above its previous record...
Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel demand in Europe, China and the United States as rising vaccination rates...
Wall Street's benchmark, the S&P 500 hit a record intraday high on wall street on Thursday as investors juggled signs of a swift economic recovery with concerns over the Federal Reserve tapering...
Shares in Asia-Pacific mostly rose on Thursday, as investors looked ahead to an upcoming release of U.S. inflation data for May. The Shenzhen component in mainland China jumped 1.19% to close at 14,893.59, while...
Oil prices slid on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand at the start of...
Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy. The retail...
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures rising 0.44% to $72.54 per barrel. U.S. crude futures gained 0.47% to $70.38 per barrel.
Oil prices rose for a second day on Wednesday on signs of strong fuel demand in Europe, while the prospect of a near-term return of the Iranian oil supply faded as the...
Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks...
Shares in Asia-Pacific were mostly lower on Tuesday, as investors reacted to the release of Japan’s revised first-quarter gross domestic product figures. The Nikkei 225 in Japan shed 0.19% to close at 28,963.56 while...
Oil prices edged lower on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by data showing China's oil imports fell in...
Wall Street's benchmark, the S&P 500 ended a languid session slightly in the red on Monday, with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears,...
In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90 while the MSCI’s broadest index of Asia-Pacific stocks outside Japan traded around 0.1% lower.
Oil extended gains to hit fresh multi-year highs on Monday, supported by a brighter economic and fuel-demand outlook. At the same time, investors eyed the outcome of talks between Iran and world...
Global markets experienced a lift during the week buoyed by the United State's May employment report which showed job growth was improving, but not as quickly as anticipated by analysts. Investors were...
Shares in Asia-Pacific were mixed on Friday, as the Reserve Bank of India held steady on interest rates. Hong Kong’s Hang Seng index closed 0.17% lower at 28,918.10. In mainland China, the Shanghai composite rose 0.21%...
Oil prices eased on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over recovering fuel demand. Brent crude was down 13 cents, or 0.2%, at $71.18...
Shares in Asia-Pacific were mixed on Thursday, as investors reacted to data out of Australia and China. Hong Kong’s Hang Seng index led losses regionally, falling 1.13% on the day to 28.966.03. Hang Seng...
Oil prices rose for a third day on Thursday on expectations for a surge in fuel demand, particularly in the United States and Europe and China, later this year at the same...
Wall Street's main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme...
Shares in Asia-Pacific were mixed on Wednesday, with official data showing higher-than-expected growth in Australia’s economy for the first quarter. The Nikkei 225 in Japan gained 0.46% to close at 28,946.14 while the Topix index...
Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply to the markets in June and July while expecting a robust recovery...
Wall Street indices, the S&P 500 and the Dow rose on Tuesday, with the benchmark S&P 500 within 0.5% of its record high as investors cheered signs of an improving economy ahead...
Shares in major Asia-Pacific markets were mostly higher on Tuesday, as investors reacted to the release of a private survey on Chinese manufacturing activity in May. Mainland Chinese stocks closed higher, with...
Oil prices rose on Tuesday, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer driving season of the United States, the world's top oil consumer. Prices...
Shares in Asia-Pacific were mixed on Monday, as investors reacted to the release of China’s official manufacturing Purchasing Managers’ Index for May. Mainland Chinese stocks closed higher, with the Shanghai composite rising 0.41% to...
Oil prices climbed in early Asian trade on Monday, stimulated by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week...
Global markets traded fairly mixed this week as most markets as investors watched on various economic data from the United States with relation to Inflation and also data from China and Japan...
Stocks on Wall Street climbed on Friday as investors brushed off a stronger-than-expected inflation reading, as both the Dow and S&P 500 indexes clinched their first weekly gain in the past three...
Stocks in Asia-Pacific mostly rose in Friday trade, as investors reacted to the market debut of JD Logistics in Hong Kong. Shares of JD Logistics opened at 46.05 Hong Kong dollars before...
Gold prices edged lower on Friday, as an uptick in the dollar and U.S. Treasury yields weighed on the safe-haven metal, while investors awaited crucial U.S. inflation data due later in the...
Robust economic data from the United States, the world’s largest economy and oil consumer, also buoyed risk appetite by investors.
Wall Street Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation and the possibility the central bank may begin to pull back on...
Shares in Asia-Pacific were mixed on Thursday as investors reacted to the release of Chinese industrial profits data for April. Hong Kong’s Hang Seng index dipped 0.18% to close at 29,113.20. Shares of Xiaomi in Hong...
Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on the summer driving season in the United States and Europe offset concerns...
Stocks on wall street closed out Wednesday’s session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check. Stocks...
Stocks in Asia-Pacific were mixed on Wednesday, with multiple markets in Southeast Asia closed for a holiday. The Nikkei 225 in Japan rose 0.31% on the day to 28,642.19, while the Topix index...
Oil prices were steady on Wednesday as concerns of a possible resumption in Iranian supply that would result in an oversupply was offset by hopes for stronger U.S. fuel demand after a...
Gold prices held firm near a 4-1/2-month high on Wednesday as a drop in U.S. Treasury yields and a weaker dollar supported the safe-haven metal. Spot gold was steady at $1,899.11 per...
Stocks on wall street closed slightly lower on Tuesday, and each of Wall Street's main indexes failed to stray far from the unchanged mark following a rally in the prior session as...
Shares in Asia-Pacific rose on Tuesday, as investors watched tech shares following overnight gains in the sector stateside. Mainland Chinese stocks led gains regionally, with the Shanghai composite rising 2.4% on the day to...
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as prospects of an early return of oil exporter Iran to international crude markets...
After falling as much as 4.3% from its May 7 record intraday high, wall street's benchmark S&P 500 is now less than 1% off that level as investors begun to buy technology...
Asia-Pacific markets traded mostly higher Monday but investors remained cautious over a resurgence in Covid-19 cases in some parts of the region as well as potential inflation pressures in the U.S. In...
Gold prices climbed on Monday to hover near a 4.5-month high, supported by a weaker U.S. dollar and growing inflationary pressure, while a slide in cryptocurrencies further lifted the safe-haven metal’s appeal....
Oil prices edged higher on Monday as a storm formed in the Gulf of Mexico. Iran said a three-month nuclear monitoring deal had expired, raising doubts about the future of indirect talks...
Global markets were mixed during the week as various economic news streamed in. Inflation news seems to be taking global outlook from all angles of the investors and could turn out to...
Wall street ended mostly lower on Friday, weighed down by technology and consumer discretionary shares, while the dollar edged higher after stronger-than-expected US manufacturing data.
Shares in Asia-Pacific were mixed on Friday following an overnight bounce on Wall Street. The Taiex in Taiwan jumped 1.62% on the day to 16,302.06. India’s Nifty 50 also saw robust gains, rising 1.3%, as of...
Oil prices edged higher on Friday, taking a break after three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made...
Kohl’s Corp slumped 10.17% on wall street after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.
Stocks in Asia-Pacific were mixed on Thursday, with data showing Japan’s exports surging in April. The Nikkei 225 finished the trading day 0.19% higher at 28,098.25 while the Topix index advanced slightly to 1,895.92....
Oil prices fell on Thursday after a slump in the previous session, as rising U.S. stockpiles added to concerns about a hit to demand from surging coronavirus infections in Asia and possible...
Gold is seen as a hedge against inflation, but an increase in rates from the Fed will dull bullion's appeal as it translates into higher opportunity cost.
Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some considering...
Stocks in Asia-Pacific were mixed on Wednesday, with some markets in the region closed for holidays. Australia’s S&P/ASX 200 led losses among the region’s major markets as it closed 1.9% lower at 6,931.70. Mainland...
Gold prices inched up on Wednesday, hovering near a four-month high on a weaker dollar, while investors awaited minutes from the U.S. Federal Reserve’s last policy meeting as inflation worries persist. Spot...
Oil prices fell for a second day on Wednesday on the potential of Iranian supply returning and as investors sold on speculation that inflation fears might lead the U.S. Federal Reserve to...
Stocks on wall street ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot. AT&T Inc...
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 Monday amid...
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 due to...
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 has seen...
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 of lower...
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 three...
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 United States...
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 down...
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 IEA and...
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 level in...
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 fell...
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 Intermediate...
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 Taiex...
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 to cut...
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 as a...
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 the...
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 infrastructure. Brent...
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% higher.
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 futures...
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 hold. Japanese...
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 support prices....
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 jobs rose...
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 0.84%....
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 fuel demand...
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 uncertainty over...
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 poised...
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 in India...
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 some high-flying...
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, particularly in...
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