Finance

Asian shares register record high, Sterling undergoes Brexit test

Editorial Bureau December 9, 2020

TOKYO (JAPAN) – Asian shares marked a record high and US stock futures registered gains on Wednesday as investors tracked positive news on coronavirus shots and ongoing efforts to launch more stimulus packages. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.65%.

Finance

Asian shares beat retreat after record high as US mulls sanctions on Chinese officials

Editorial Bureau December 7, 2020

SYDNEY (AUSTRALIA) – After a record surge on Monday, Asian shares beat the retreat on Tuesday. This comes after a report that the US was mulling sanctions on some Chinese officials, stoking more tensions in the region. In a signal markets elsewhere would start weaker, eurostoxx 50 futures were 0.4% down, futures for Germany’s DAX […]

Finance

Hopes of US stimulus package cause Asian shares to mark record high surge

Editorial Bureau December 4, 2020

TOKYO (JAPAN) – Buoyed by growing prospects of a large US stimulus package, Asian shares marked a record high surge on Friday. It was also fuelled by hopes that vaccine rollouts will bolster global economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.78%, surpassing its Nov. 25 peak, led by gains in the […]

Finance

Asian share markets begin new month with a bang buoyed by prospects of COVID shot

Editorial Bureau December 1, 2020

SYDNEY/NEW YORK (AUSTRALIA/USA) – Share markets in Asia started the new month with a bang on Tuesday buoyed by the prospect of a coronavirus shot fuelling global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support. MSCI’s broadest index of Asia-Pacific shares outside Japan added 1.08% after closing the

Finance

Waning US-China relations trigger dip in Asian shares

Editorial Bureau July 16, 2020

TOKYO (JAPAN) – On Thursday, Asian shares and US stock witnessed a fall amid concern about waning Sino-US relations and fears of a resurgence of coronavirus cases. European markets looked set to follow Asia with Euro Stoxx 50 futures dropping by 0.83%, German DAX futures slipping 0.73%, and FTSE futures registering a drop of 0.53%. […]

Finance

Asian shares, US stock futures register dip amid virus scare, Sino-US tension

Editorial Bureau July 10, 2020

TOKYO/NEW YORK (JAPAN/US) – Amid the record surge of new coronavirus cases in many US states, Asian shares and US stock futures registered a fall on Friay. MSCI’s broadest index of Asia-Pacific shares outside Japan recorded a drop of 0.74%. Australian stocks shrivelled by 0.31% as the banking sector was hit by an extension of […]

Finance

Stocks teeter as investors assess risks of second wave

Editorial Bureau June 19, 2020

TOKYO/WASHINGTON (JAPAN/US) – Asian shares and US stock futures swayed in choppy trade on Friday as lingering concerns about a fresh spike in coronavirus cases offset growing hopes for a quick economic recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1%. US S&P 500 e-minis moved in and out of the red, and […]

Finance

Asian shares reach two-month highs with rising economic optimism

Jim Stein June 4, 2020

TOKYO/NEW YORK (Finance) – Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%, earlier touching the highest since March 9. Shares in Australia rose 0.66% after the

Finance

Asian shares reverse early gains, looking out to China-U.S. trade relations

Jim Stein May 25, 2020

SYDNEY (Finance) – A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses on mounting fears about future stability in the city. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1% after starting higher with China’s blue-chip CSI300 index […]

Business

Shares go up as U.S., China trade negotiators talk; bleak job data awaited

Editorial Bureau May 8, 2020

SHANGHAI/NEW YORK (Business) – Asian shares rose on Friday as a phone call between U.S. and Chinese officials raised hopes that trade tensions were easing, turning the focus away from looming data expected to show the American economy lost the most jobs since the Great Depression. European equities were set to maintain the good cheer, […]