Page 18 - Asian Shares

Asian shares slip despite Wall Street gains after Biden-Xi talks

Asian shares were mostly lower Wednesday despite a rally on Wall Street after virtual talks between President Joe Biden and China's Xi Jinping. Japan's benchmark Nikkei 225 fell 0.4 per cent to 29,688.33. South Korea's Kospi fell 1.2 per cent to 2,962.42. Australia's S& P/ASX 200 lost 0.7 per cent to 7,369.90. Hong Kong's Hang Seng fell 0.4 per cent to 25,621.91, while the Shanghai Composite edged up 0.5 per cent to 3,537.32. The online talks between Biden and Xi late Monday U.S. time appeared to signal a step in the right direction but they did not yield any major steps toward resolving longstanding disputes over trade and other issues. Any concrete development from the meeting still awaits to be seen, but the amiable approach thus far in addressing issues from both parties pares down the risks of political tension in markets, said Yeap Jun Rong, market strategist at IG in Singapore. Stocks closed higher on Wall Street as investors reviewed solid earnings reports from big ...

Asian shares inch higher as investors bearish on China's economic data

Annual growth in retail sales, industrial output and urban investment are all expected to slow further in October partly due to pandemic restrictions and strains in the housing market

Asian shares jittery ahead of China's economic data; oil hits fresh highs

Oil prices hit new multi-year peaks, continuing their recent surge amid a global energy shortage

Asian shares track Wall Street gains after strong US corporate earnings

Oil prices were at multi-year highs, a drag on growth in energy-importing markets in north Asia, but good news for some energy-exporting markets in Southeast Asia

Asian shares rise on stronger global risk appetite as oil prices ease

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.25% in early trade, regaining ground lost in recent days to be little changed on the week.

Asian shares fall with oil at multi-year highs, US yields surge

HONG KONG (Reuters) - Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs.

Asian shares gain but Evergrande jitters keep investors on edge

Evergrande's shares surged 23% on Thursday after a unit said on Wednesday, when the Hong Kong market was closed for a holiday, that it had "resolved" a coupon payment on an onshore bond.

World shares at one-month low, default fears stalk China Evergrande

European stocks were 1.8% lower, slipping to two-month lows, with energy and mining stocks tumbling as the dollar's jump to near four-week highs crushed commodity prices

Asian shares steady, but set for weekly losses as global growth fears nag

European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.

Chinese property woes push Asian shares down, reversing initial gains

Evergrande's own shares dropped 8.2% on Thursday and have plunged more than 80% this year.

Asia shares make sluggish start, Nikkei hesitates near 30-year high

Japanese shares have been on a tear as hopes for fresh stimulus from a new Prime Minister saw the Nikkei surge 4.3% last week

Asian shares up on dovish Fed chair, oil up as hurricane batters Louisiana

Asian shares started the week with gains and the dollar was not far off two-week lows after US Fed Reserve Chairman Powell struck a more dovish tone than some investors expected in long-awaited speech

Asian shares inch up, caution prevails ahead of Jackson Hole

US stock futures were up 0.2%, suggesting some optimism after sentiment on Thursday was dented by a deadly attack in Afghanistan, and after Fed's hawkish policymakers urged an end to stimulus

Asian shares spooked by Delta variant's spread as Jackson Hole looms

Investors are mostly waiting for the Federal Reserve's Jackson Hole symposium on Friday and what central bank chair Jerome Powell might say about U.S. tapering monetary stimulus

Asian shares move off near year lows, New Zealand holds rates steady

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73%, snapping five successive sessions of decline

Asian shares fall as Delta variant of Covid-19 casts shadow over growth

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.35%, dragged down by Chinese blue chips, which fell 0.56% and Hong Kong down 0.46%

Asian shares lower after Wall Street rebound on US growth data

Japan reported relatively strong economic data for the previous quarter, before the government began tightening coronavirus restrictions as cases surged.

Asian shares sit at seven-month lows ahead of US Fed meeting verdict

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.35% in early trading

Asian stock markets decline to seven-month low amid China jitters

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.97% to its lowest level since December, having slid 2.45% the previous day.

Asia subdued by slow Covid-19 vaccinations, eye on factory surveys

Asian share markets were in a muted mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant