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Tag Archives: Asian

Nikkei rises, leading Asian market recovers after Wall Street's big rally

An incredible day on Wall Street, with significant indexes ending at least 5%, boosted early gains on Thursday in Asia as traders returned from a Christmas break. Stock markets were also strengthened by crude oil futures, which rose 8% on Wednesday, reaching 17-month lows when a Russian official predicted that the oil price would stabilize in 2019. The Japanese index …

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Asian stocks gain profits following Wall Street recovery

SINGAPORE (AP) – An incredible day on Wall Street, with major indexes closing at least 5 percent higher, sparked early gains on Thursday as traders returned from a Christmas break. SCORE: Japanese Nikkei Index 225 rallied 3.4 percent to 19,986.32. On Tuesday he fell more than 5 percent before recovering a bit later the day after. The South Korean Kospi …

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Asian stock markets are retreating as political turmoil in the US leads to growing concern

TOKYO (Reuters) – Asian equity markets declined again on Wednesday, taking a course that began last week as US political uncertainty fueled concerns over slowing global economic growth. FILE PHOTO: Men look at stock prices before a brokerage in Tokyo (Japan), December 5, 2018. REUTERS / Issei Kato Investors were aware of the partial closure of the US federal government …

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Asian stocks sink after Wall Street's Christmas Eve plunge

Japan's Nikkei plummeted 5% on Tuesday, dragging it down to its lowest level in 20 months. In China, the Shanghai Composite has dropped to 0.9%. The declines in Asia are following another brutal day, which is more than 2% in a shortened trading session. The Dow, which sank 2.9%, and the S & P 500, which lost 2.7%, "The market …

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Asian markets continue to suffer from recession and fear of trade wars

Asian equities fell further on Friday after Wall Street eased over recession fears, bringing the markets in Shanghai, Tokyo and Sydney to more than 10% by the end of 2018. Tensions between the US and China also returned to worries As the world's largest trading powers agreed to trade talks next month, the US accused two Chinese intelligence officials of …

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Asian stocks sink for 2nd day after Wall Street slide

BEIJING (AP) – Asian stocks fell further Friday Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo's Nikkei 225 index fell 1.9 percent and the Shanghai Composite Index lost 0.9 percent. The Chinese market is 2018's worst performer, down nearly 25 percent for the year. …

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Asian markets fall as Fed worries override Xi's reassurance on economic reforms

Asian stocks fell on Tuesday following a major speech by Chinese President Xi Jinping, tracking losses on Wall Street as traders braced for interest rate hike by Federal Reserve. Japan's Nikkei 225 index                                                                                                                                                                                                                               NIK, -1.82% which 1.6% lower and the Kospi                                                                                                            …

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Asian stocks are slipping as traders are ready for a Fed rate hike

SINGAPORE (AP) – Asian shares slipped Tuesday and suffered losses on Wall Street as traders focused on Federal Reserve rate hike In South Korea, it fell less than 0.1 percent to 2,070.54. Hang Seng in Hong Kong fell 0.3 percent to 26,022.16. The Shanghai Composite Index fell 0.6 percent to 2,583.51. The Australian S & P ASX 200 fell 0.9 …

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Goldman Sachs ignored 1MDB warning signs in pursuit of Asian business

Goldman Sachs Group Inc.'s GS -2.76% Advocacy for Asian business and loose oversight of partners have prompted the bank to issue warning signs in dealing with a corrupt Malaysian mutual fund, internal documents and passing interviews show with people who were involved in the transactions. At a meeting in Hong Kong in 2012, evidence for experienced bankers summarized Goldman's review …

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