BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in coronavirus infections. Data:Keep tabs on U.S. stock-market futures Benchmarks in Shanghai, Hong Kong and Sydney retreated. Japanese markets were closed for a holiday. On Friday, Wall …
Read More »Asia Markets: Asian markets mixed as China export data offsets impact of Wall Street’s retreat
Asian markets were mixed in early trading Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, -0.49% dipped 0.3% while Hong Kong’s Hang Seng index HSI, -0.43% gained 0.1%. The Shanghai Composite SHCOMP, -1.87% declined 0.2% while the smaller-cap Shenzhen Composite 399106, -2.21% retreated 0.2%. …
Read More »Asia Markets: Asian markets muted as traders warily await U.S. stimulus deal
Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill. Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, +0.05% slipped 0.2%. The Shanghai Composite …
Read More »Asia Markets: Asian shares rise after jobless data halts rally on Wall Street
Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days. Tokyo’s Nikkei 225 index NIK, +0.74% closed up 0.7% after opening lower. The Hang Seng HSI, +1.17% in Hong Kong rose 0.7%, India’s Sensex 1, +0.62% rose 0.4% …
Read More »Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …
Read More »Asia Markets: Asian markets dip after deal to cut oil production
Shares were mostly lower Monday in Asia while crude prices gained more than $ 1 per barrel after OPEC and other oil producing nations agreed to cut output to reflect the collapse of demand due to the pandemic. Just hours before markets reopened, OPEC, Russia and other oil producers finalized …
Read More »Asia Markets: Asian markets mixed as most global indexes closed for Good Friday
Asian markets were mixed in light trading Friday following gains on Wall Street. Japan’s Nikkei NIK, +0.78% was about flat while South Korea’s Kospi 180721, +1.33% rose 0.3%. In China, the Shanghai Composite SHCOMP, -1.03% declined 0.6% while the smaller-cap Shenzhen Composite 399106, -1.94% fell 1.3%. Taiwan’s Taiex Y9999, +0.37% …
Read More »Asia Markets: Asian markets resume plunge after Dow enters bear market
Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s Nikkei NIK, -4.41% closed down 4.4% and Hong Kong’s Hang Seng Index HSI, -3.52% fell 3.6%. The Shanghai Composite SHCOMP, -1.52% dropped 1.7% while the smaller-cap Shenzhen …
Read More »Asia Markets: Asian stocks bounce after huge losses on news of possible U.S. tax cut
BEIJING (AP) — Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain …
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