Tag: Asia

July 5, 2023

Shares slipped in Asia on Thursday after Wall Street drifted downward following a rally that sent it roaring 16% higher for the year so far. Hong Kong’s Hang Seng index dropped 3% on heavy selling of Chinese banks shares after […]

December 28, 2022

Shares were mixed in Asia on Wednesday after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors. Shares fell in Tokyo, Shanghai and Seoul but rose in Hong Kong as […]

October 25, 2022

Shares were mostly lower in Europe and Asia on Tuesday as investors geared up for a slew of corporate earnings reports. Shares rose in Paris and Tokyo but fell in Shanghai and in London, where the FTSE 100 fell as […]

September 6, 2022

Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in […]

August 8, 2022

WTI crude oil made a small recovery in Asia today after hitting a 6-month low of US$ 87.01 on Friday as the US Dollar found support across the board. Data from energy technology company Baker Hughes showed a small drop […]

October 22, 2021

Shares were mostly higher in Europe on Friday after a mixed session in Asia. Benchmarks rose in Paris, London, Tokyo and Hong Kong. Shares fell in Shanghai and Seoul. An official newspaper, the Securities Times, and other state media said […]

December 2, 2020

For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]

February 25, 2020

U.S. President Donald Trump touted “tremendous progress” on a trade deal with India as he sought to strengthen ties with a country key to American efforts to blunt China’s influence in Asia. Officials have tried to hammer out a modest […]

February 24, 2020

NEW YORK — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety. The Dow Jones Industrial Average slumped […]

October 23, 2018

An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia’s diplomatic isolation to worries about Italy’s finances and trade wars piled on the pressure. Selling escalated […]

October 4, 2018

European shares followed Asian markets lower Thursday after yields on U.S. Treasury bonds surged to multi-year highs as U.S. central bank officials expressed confidence in the staying power of the current expansion. KEEPING SCORE: The DAX in Germany lost 0.3 […]

August 16, 2018

Shares are higher in early European trading after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined. KEEPING SCORE: Germany’s DAX added 0.3 percent to 12,200.93 and in […]

July 5, 2018

Asian markets tumbled Thursday as China reiterated its determination to protect its interests in a rancorous trade dispute with Washington. Trading was subdued in the absence of leads from Wall Street with markets closed for the Independence Day holiday. KEEPING […]

May 29, 2018

Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and producers in the Organization of the Petroleum Exporting Countries […]

February 6, 2018

The global equity rout extended in U.S. exchanges after Asian and European markets tumbled, sending a gauge of world stocks toward the biggest three-day slide since 2015. Treasuries steadied and the dollar rose. The S&P 500 Index dropped at the […]

May 19, 2016

Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted by […]

December 3, 2015

Asian Development Bank President Takehiko Nakao said on Thursday he did not expect U.S. interest rate rises to trigger a financial crisis in Asia, but the bank remains ready to lend support to vulnerable countries. The U.S. Federal Reserve is […]

November 25, 2015

The U.S. dollar declined in Asia on Wednesday amid geopolitical uncertainty in the Middle East, pushing U.S. Treasury yields lower. Market participants have been betting for the dollar on the view that possible Federal Reserve rate increases would mean higher […]