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…
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
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…
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…
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…
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%…
Global markets were moving this week, with the major highlights of the holiday shortened week being the global consumer confidence increasing to its highest level since the onset of the…
Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out across the region.
Hong Kong’s Hang Seng index led to gains…
Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March.
In Japan, the Nikkei 225 shed 0.63% while the Topix index declined 0.68%. South Korea’s Kospi, on…
Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday.
The Nikkei 225 in Japan gained 1.2% in afternoon trade while the Topix index…
Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the…
Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some of them however later lost ground as bond yields reached…
Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term borrowing rates near zero in a widely expected move.
The Nikkei…
Asian stock markets traded mixed Tuesday after starting the week by struggling for gains in what some analysts have described as a fragile environment for stocks.
In Australia, the benchmark ASX 200 trimmed…
Global markets continued to trade on moved by central banks as investors looked to oversee the correlation between the stock market and interest rates, picking up from last week, with…
Shares in Asia-Pacific were mostly lower Friday as investors watched bond yields and technology stocks in the region.
Mainland Chinese stocks closed mixed as the Shanghai composite declined fractionally to 3,501.99,…
Shares in Asia-Pacific slipped in Thursday trade, with technology stocks in the region falling sharply.
In Japan, the Nikkei 225 fell 2.13% to close at 28,930.11 while the Topix index shed 1.04% to…
Global stocks set new highs again this week with a myriad of factors grabbing a piece of the spotlight, including Congressional hearings aimed at deciphering the recent GameStop trading frenzy.
Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating as mainland China remain closed for the Lunar New…
Global Markets finished modestly positive for the week on strong earnings growth and the increasing likelihood of additional fiscal stimulus.
Trading in Asia-Pacific was muted Thursday as multiple major markets in the region were closed for holidays.
Hong Kong’s Hang Seng index rose 0.45% on the day to 30,173.57 while the Straits Times index in…
Global markets posted their best weekly gain since November, with major indexes closing at fresh record highs. Fiscal-stimulus expectations and progress on vaccine distribution continue to underpin the bullish market…
Shares in major Asia-Pacific markets slipped on Thursday, with South Korea leading the losses.
The Kospi in South Korea declined 1.35% to close at 3,087.55.
Mainland Chinese stocks also closed lower, with the Shanghai composite down…
Global Markets logged one of the largest weekly loss in three months last week as volatile trading in certain pockets of the market continued, raising concerns about speculative excesses.
In Japan, the Nikkei 225 slipped 0.44% to close at 28,631.45 while the Topix index shed 0.21% to finish its trading day at 1,856.64. South Korea’s Kospi declined 0.64% to close at 3,140.63.
South Korea’s Kospi led gains among the region’s major markets, rising 2.61% to close at 3,092.66 as shares of automaker Hyundai Motor surged 8.51%.
Biden’s pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Tuesday, the Wall Street Journal reported.
Turkish stocks, as measured by the BIST-100 Index, returned about -1.0%. T. Rowe Price sovereign analyst Peter Botoucharov has been reviewing the latest macroeconomic data from Turkey and notes that…
MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.26%.
Mexican stocks, as measured by the IPC Index, returned about 6%. Shares were lifted in part by strength in U.S. equities, as Joe Biden—who is expected to be less aggressive…
Mainland Chinese stocks rose on the day: The Shanghai composite gained 0.86% to 3,502.96 while the Shenzhen component soared 2.466% to 14,827.47.
Investor sentiment and the lira currency also benefited from the central bank’s recent action on interest rates. Following the December 24 monetary policy meeting—at which policymakers decided to raise all…
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.69% to $51.21 per barrel. U.S. crude futures gained 0.65% to $47.93…
Russian stocks declined early in the week amid worsening sentiment toward riskier asset classes and on news that the U.S. Department of Commerce would move to block trade in goods…
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.29% to $51.35 per barrel. U.S. crude futures advanced 0.25% to $48.24 per barrel.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 90.445 following an earlier high of 90.666.
Global markets edged higher last week, with all major benchmark global indices hitting fresh all-time highs. Fiscal-stimulus optimism in the United States, along with a brighter longer-term outlook driven by…
The Japanese yen traded at 104.05 per dollar after seeing levels below 103.8 against the greenback yesterday. The Australian dollar changed hands at $0.7526 following levels above $0.756 seen yesterday.
Stocks in Brazil, as measured by the Bovespa Index, returned about 1.2%. Early in the week, Brazil reported that inflation rose 0.89% in November on a month-over-month basis.
The Japanese yen changed hands at 104.20 per dollar, staying relatively flat. Elsewhere, the Australian dollar ticked up 0.47% to $0.7446.
Elsewhere, the Japanese yen changed hands at 104.10 per dollar, weakening from an earlier level around 103.94, while the Australian dollar fell 0.18% to $0.7407.
Turkish stocks, as measured by the BIST-100 Index, returned about 0.2%. Shares fell sharply on Monday but rebounded over the rest of the week.
The Japanese yen traded at 103.86 per dollar after strengthening sharply yesterday from levels above 104 against the greenback. The Australian dollar changed hands at $0.7433, having risen from levels below $0.74 earlier in…
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.149 following a decline earlier this week from levels above 91.5.
A new round of vaccine optimism and diminishing political uncertainty helped global stocks build on recent gains for the holiday-shortened week
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.915 following its decline earlier this week from levels above 92.4.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.96 after seeing levels above 92.4 earlier in the week.
Oil prices were higher in the afternoon of Asia trading hours, as international benchmark Brent crude futures rose 1.27% to $45.53 per barrel. U.S. crude futures added 1.08% to $42.88…
The dollar index, which measures the U.S. dollar against a basket of its peers, last traded at 92.213, declining from an earlier high of 92.346. The index retreated from levels…
The Japanese yen traded near flat at 103.86 against the greenback while the Australian dollar changed hands at $0.7292, dropping from earlier levels around $0.73.
The Japanese yen traded at 104.52 against the greenback, a touch firmer as compared to Monday. The Australian dollar was at 0.7303 against the dollar, strengthening from the 0.72 mark yesterday.
In Japan, Softbank Group shares jumped 1.49%. Game maker Nintendo also surged 4.3%. Over in South Korea, Kakao’s stock gained 0.56%.
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 2.45% to $44.68 per barrel. U.S. crude futures added 2.59% to $42.43…
Asian Markets Soar; Led by Airline Stocks as Investors React to Positive News on Coronavirus Vaccine
The Japanese yen traded at 105 per dollar after weakening sharply from levels below 104.3 against the greenback yesterday. The Australian dollar changed hands at $0.7288 following its rise last week from levels below…
Stocks in Brazil, as measured by the Bovespa Index, returned about 7.4%.
The ECB left its monetary policy unchanged, keeping its deposit rate at -0.5% and its emergency bond-buying program at EUR 1.35 trillion
The Australian dollar changed hands at $0.7065 after yesterday’s sharp drop from above $0.712.
Investor sentiment on Wednesday was likely impacted by the rising number of Covid-19 cases in the U.S.
Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.74% to $40.76 per barrel. U.S. crude futures also gained 0.73% to $38.84 per barrel.
Following three consecutive weekly advances, global stocks declined modestly during the week. The news flow was dominated by headlines around the negotiations for another round of fiscal relief from Washington…
Stocks across Asia-Pacific were mostly down by the close on Friday, amid dampened sentiment on the coronavirus front.
Meanwhile, the U.S. dollar strengthened as uncertainty rose with investors flocking to the…
Oil prices edged lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.28% to $42.33 per barrel. U.S. crude futures also shed 0.32% to…
The Japanese yen traded 105.38 per dollar after strengthening from levels around 105.6 against the greenback yesterday. The Australian dollar was at $0.7177, still above levels below $0.715 seen last week.
Global markets were mixed during the week, posting declines earlier in the week and closing later higher, mixed with optimisms on the U.S elections and the health of the U.S…
The Japanese yen traded at 105.98 per dollar after an earlier low of 106.10 against the greenback. The Australian dollar was at $0.7162 following an earlier low of $0.712.
Chinese stocks rose slightly in a holiday-shortened week, lifted by several economic readings showing that the recovery was on track, but they ended September with their biggest monthly loss since…
Stocks in Asia-Pacific were mixed in Wednesday trade as investors react to recent comments from Federal Reserve Chairman Jerome Powell.
Shares in Australia led gains among the region's major markets, with…
The Hang Seng index in Hong Kong slipped about 1%, as of its final hour of trading. HSBC saw its stock drop 2.73% while Standard Chartered fell 3.58%. The moves…
Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.27% to $42.60 per barrel. U.S. crude futures were 1.48% lower at $40.50 per barrel.
The U.S. dollar index, which tracks the greenback against a basket of its peers, sat at 92.931 after falling from levels above 93.3 earlier in the trading week.
Oil prices were mixed in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.15% to $40.00 per barrel. U.S. crude futures hovered above the flatline, trading at $37.31 per…
The Japanese yen traded at 105.93 per dollar after an earlier high of 105.76 against the greenback. The Australian dollar changed hands at $0.7225 after falling from levels above $0.726 yesterday.
Mainland Chinese stocks led losses among the region’s major markets on the day, with the Shanghai composite down 1.87% to about 3,292.59 while the Shenzhen component dropped 2.729%
Shares of Mitsubishi jumped 10.31% while Itochu gained 5.57%. Marubeni soared 12.41% and Mitsui gained 8.36%, Sumitomo rose 10.4%.
Global stocks ended the week mixed, on the present prevailing macros. The MSCI’s benchmark for global equity markets rose by 0.43% to 585.73 after earlier setting a new intraday high,…
Stocks in Asia Pacific were mostly higher on Tuesday, while top trade representatives from Washington and Beijing had a call to discuss the implementation of their phase one agreement.
South Korea's…
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.035 after seeing an earlier spike from levels below 92.5.
Oil prices reversed gains in afternoon trade during Asian hours on Friday. U.S. crude fell 0.31% to $42.11 as of 3:25 p.m.
Asia Pacific markets mostly rose on Tuesday, following gains on Wall Street overnight as investors remain unfazed by China’s retaliatory actions against the United States.
Oil prices were higher in the morning of Asian trading hours. International benchmark Brent crude futures were up 0.33% to $45.24 per barrel. U.S. crude futures also added 0.45% to $42.14 per barrel.
Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.64% to $43.24 per barrel. U.S. crude futures also shed 0.74% to $39.97…
Japan’s Nikkei 225’s lost 0.37%, while the Topix edged down 0.19%. The country’s manufacturing activity contracted for a 13th straight month in July, data showed, according to Reuters.
Oil prices traded higher Tuesday morning during Asian hours. U.S. crude traded up 0.15% at $40.87 a barrel while global benchmark Brent added 0.09% to $43.32.
The Japanese yen traded at 107.35 per dollar, after a turbulent previous week where it traded at around levels between 106 and 107. The Australian dollar touched the 0.70 level…
The Japanese yen traded at 107.22 per dollar after touching levels around 107.4 against the greenback yesterday. The Australian dollar changed hands at $0.7008 after rising from levels below $0.694 yesterday.
The Japanese yen traded at 107.21 per dollar after weakening from the 106.8 against the greenback yesterday. The Australian dollar changed hands at $0.6934 after turbulent trading on Monday that saw it at levels…
Global benchmark Brent traded down 1.61% at $41.67 while U.S. crude fell 1.89% to $38.87 a barrel.
Oil prices were lower in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.12% to $43.24 per barrel. U.S. crude futures slipped 0.24% to $40.80 per barrel.
The Japanese yen traded at 107.38 per dollar following a strengthening from levels above 107.6 yesterday. The Australian dollar changed hands at $0.6963 after bouncing from levels around $0.695 yesterday.
The yen, often viewed by investors as a haven asset during times of uncertainty, added 0.2 per cent to ¥107.72 per dollar.
With coronavirus infections outside of
Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down fractionally while the Shenzhen component rose 0.168%.
Safaricom Plc recorded a 1.48% share price appreciation to Kes.30.90, up from Kes.30.45 registered the previous week with shares worth Kes.1.4 billion transacted; this represented 46.47% of the week’s traded…
The benchmark NSE All Share Index (NASI) inched up during the week,gaining 2.70 points this week to close at 142.88, this represented a 1-week gain of 2.66%, a 4-week gain of…
Shares in Europe surged as countries eased lock-down restrictions and the European Central Bank (ECB) injected fresh stimulus into the eurozone economy.
The Japanese yen traded at 107.61 per dollar after weakening from levels around 107.4 yesterday. The Australian dollar changed hands at $0.6794 after seeing levels below $0.657 last week.
Shares in Asia Pacific were higher on Monday, with Hong Kong’s Hang Seng index surging more than 3% in morning trade.
The Japanese yen traded at 107.34 per dollar after strengthening from levels above 107.8 yesterday.
Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.25% to $36.08 per barrel. U.S. crude futures also slipped 0.44% to $34.20 per barrel.
South Korea’s Kospi gained 0.5 per cent and Australia’s S&P/ASX 200 added 0.7 per cent.
China is poised to impose a new national security law on Hong Kong after months of anti-government protests in the territory. The move has sparked concerns the law will give Beijing…