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Tag Archives: Asian

Asian stocks defy the global rally as Hong Kong turmoil shakes investors

TOKYO / NEW YORK (Reuters) – New political turmoil in Hong Kong over Beijing’s proposed national security laws in the city hit Asian equity markets on Wednesday, although optimism about the reopening of the global economy supported a broader global equity rally. FILE PHOTO: A man wearing a protective face mask after a coronavirus outbreak speaks on his cell phone …

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Asian markets are falling as investors focus on new coronavirus outbreaks

BANGKOK (AP) – Shares fell in Asia on Tuesday as concerns about new outbreaks of coronaviruses overshadowed hopes of an economic reopening. The Japanese Nikkei 225 rose 0.1%, while the Hang Seng in Hong Kong fell 1.7%. The lackluster start followed a mixed session on Wall Street, in which gains in technology and health stocks helped offset the losses elsewhere. …

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Some Asian countries are seeing a second wave, in some cases a resurgence

A man wears a mask while walking on the street on January 22, 2020 in Wuhan, Hubei Province, China. Getty Images With governments around the world planning to ease restrictions on the coronavirus pandemic, some countries have reported a resurgence of cases, leading to concerns that a new wave of infections is imminent. Public health experts – including those from …

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Oil prices were based on hopes of storage as Asian stocks recovered

US oil prices rose for the fifth consecutive time as global storage concerns eased ahead of weekly industry data as Asian stocks were supported by Wall Street earnings. The surge in U.S. crude came despite the decision by the Texas Railroad Commission, the state’s oil and gas regulator, to end efforts to force producers to cut production after they faced …

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The dollar is rising, Asian stocks are slipping as tensions between the US and China flare up

SINGAPORE (Reuters) – The dollar rose centimeters, stock markets battled for traction and oil fell on Monday as a U.S. China spat on the origin of the corona virus and dampened optimism about an economic restart as countries around the world loosen restrictions. FILE PHOTO: A man with a protective face mask walks after an outbreak of Coronavirus Disease (COVID-19) …

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Asian markets rise after Wall Street rally: live updates

Asian markets are rising after the rally on Wall Street. Financial markets across Asia rose Thursday, fueled by the overnight optimism on Wall Street that a new drug could help treat Covid-19. In Tokyo, bullish traders increased the Nikkei 225 by 2.6 percent in morning trade. China’s Shanghai Composite rose 1.2 percent, while Shenzhen stocks rose 1.6 percent. South Korea’s …

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