Tag Archives: Markets

Two of Asia’s largest and most prominent ride-hailing services are reportedly making moves to go public in the U.S. Didi Chuxing filed confidentially for a U.S. IPO that would value it at $ 70 billion to $ 100 billion, Bloomberg News reported Friday. Didi, the largest ride-hailing business in China, …

BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares declined in Hong Kong, Shanghai, Sydney and Seoul. On …

Markets in Japan and mainland China gained Friday, following another record day on Wall Street, as most other major global markets were closed for the Good Friday holiday. Japan’s Nikkei 225 NIK, +1.58% rose 1.1%, with SoftBank 9984, +4.22% rising more than 3%. The Shanghai Composite SHCOMP, +0.52% edged 0.4% …

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Japan and South Korea reported unexpectedly strong economic data and President Joe Biden announced a $ 2.3 trillion U.S. infrastructure spending plan. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Japan’s closely watched Tankan survey found …

Better-than-expected growth data gave the pound a boost on Wednesday, but that came at the expense of U.K. stocks, weighed by major oil companies and a poor debut for a highly anticipated initial public offering. U.K. gross domestic product rose 1.3% in the final quarter of 2020, versus the previous …

BANGKOK (AP) — Shares were higher across Asia on Friday after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic. Tokyo, Hong Kong, Seoul and Shanghai all gained and U.S. futures also were higher. Hopes that economies will regain ground lost since last …

Asian markets were mixed in subdued trading Monday, ahead of a meeting by the U.S. Federal Reserve later in the week. Japan’s Nikkei 225 NIK, +0.17% was flat while Hong Kong’s Hang Seng index HSI, -0.01% rose 0.5%. The Shanghai Composite SHCOMP, -0.96% sank 0.6% and South Korea’s Kospi 180721, …

It has been roughly a year since the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation housing markets, according to HousingWire. In a study of counties that have seen the largest uptick of homebuyers – and, subsequently, home value …

“ ‘We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.’ ” That’s billionaire Paul Singer of Elliott Management suggesting that the market for equities has pretty much jumped the shark, in a Jan. 28 letter …