China Stocks Gain as Authorities Step Up Support – Asia Market Wrap
– A surge in Chinese markets accelerated after policymakers took additional efforts to boost investor confidence, despite overall weakness in Asia and a tech-led slide on Wall Street. – A barometer of Hong Kong-listed Chinese enterprises rose as much as 4%, coming …
Chinese Equities Decline as Traders Brush aside Rate Cut – Asia Market Wrap
Chinese equities fell as a drop in the country’s mortgage reference rate failed to alleviate concerns about the world’s second-largest economy. The currency tracked an increase in US rates. Stocks on the mainland and in Hong Kong fell Tuesday, while those in …
Stocks in Asia Mixed as China Optimism Fades Away – Asia Market Wrap
– Asian shares traded mixed but positive. Chinese holiday data did not justify earlier expectations. – A barometer of Asia Pacific equities moved higher and was poised to rise for a third day, despite volatility in mainland Chinese stocks. The CSI 300 …
Asia Shares Rise on Japan Gains, Better China Data – Asia Market Wrap
– Asian equities rose across the board, driven by advances in Japan as the S&P 500 Index set a new record and Chinese consumption showed indications of revival. – The Nikkei 225 Stock Average increased by up to 1.9%, bringing it closer …
Asian Stocks Rally as Tech Earnings Power Gains – Asia Market Wrap
– Asian stocks rose Thursday as Wall Street continued its climb, as strong results served to offset concerns about ongoing inflation. – A barometer of regional stocks rose as much as 0.9%, reaching its highest level since early January. Taiwan’s benchmark stock …
Equities Decline on Rate Cut Qualms – Asia Market Wrap
As a result of hotter-than-expected US inflation statistics, Asian markets followed Wall Street’s slide, and the yen strengthened after its decline on Tuesday prompted a warning from Japan. Contracts for European equities fell, while those on their US counterparts saw little movement. …
New Zealand Inflation Survey Declines to lowest level in 2 1/2 years – Asia Market Wrap
Trading resumed after a vacation, with shares rising in Asia helped by gains in South Korean and Japanese markets. US equity futures fell ahead of inflation data that is expected later on Tuesday. The Nikkei 225 index in Japan rose to its …
Yen Near Two Month Low on View BoJ Will Take time to Tighten – Asia Market Wrap
European equities futures nudged up as the S&P 500 finished at a new record high Friday amid optimism about further Fed interest-rate cuts. Trading in Asia was quiet as a swath of markets were closed for the Lunar New Year. Contracts for …
NZD Outperforms on Rate Hike Bets – Asia Market Wrap
Amid public holidays in many markets around the region, including the mainland, Chinese shares in Hong Kong fell for a third straight day, while Japanese stocks marginally increased. The MSCI Asia Pacific Index is on track for its third straight weekly gain …
Asian Equities Mixed on Final Trading Day for China Before Holiday – Asia Market Wrap
Asian stocks were mixed, with mainland Chinese shares fluctuating on the final trading day before the Lunar New Year vacations. Treasuries pushed higher. After the midday break, China’s CSI 300 Index swung between gains and losses, while the Shanghai Stock Exchange Composite …
