Page 20 - Asian Shares

Asia shares slip as investors ready for end of 2021 amid Omicron concerns

Asian stocks slipped on Wednesday, following a mixed Wall Street session as the region's investors positioned their portfolios for the new year

Asian shares, oil struggle amid Omicron worries, US flights cancellation

Asian stock markets were generally weaker with US crude in holiday-thinned trading on Monday

Asian shares gain, dollar slips as Omicron Covid-19 fears recede

European markets were also heading towards a positive open, with pan-region Euro Stoxx 50 futures up 0.45% and FTSE futures 0.45% higher.

Asian shares advance, dollar soft as markets decide Omicron fallout limited

A global share rally continued in early Asian trading on Thursday and the safe haven dollar was on the back foot

Asian equities, oil prices sink as Omicron variant makes waves

Beijing lightened the mood a little by cutting one-year loan rates for the frost time in 20 months, though some had hoped for an easing in five-year rates as well.

Asian shares near year-low as inflation, Omicron fears sap confidence

Asian stocks tested 13-month lows on Friday, as fears about the Omicron variant of the coronavirus, inflation concerns and hawkish pivots by the world's major central banks

Asian stock markets extend rally as upbeat Fed stokes risk appetite

Treasury yields remained elevated, while gold gained along with crude oil

Asian stocks rise with bond yields as Fed outcome boosts risk sentiment

Asian stocks followed Wall Street higher after US Federal Reserve said it would end bond-buying stimulus in March

Asia stocks edge higher, Fed stars in central bank extravaganza

Asian stocks crept higher on Monday as investors prepared to tiptoe through a minefield of 17 central bank meetings this week

Asian shares slip, dollar firms ahead of key US inflation data, amid Covid

Asian shares slipped and the dollar held firm on Friday as traders edged away from riskier assets amid renewed concerns about Covid and ahead of key US inflation data

Asian shares extend gains catching global rally while oil prices slip

Asian shares extended gains, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant

Asian shares mixed after a broad rally on Wall Street amid Omicron concerns

Stocks were mixed in Asia on Friday after a broad rally on Wall Street as investors kept an eye on the spread of the new coronavirus variant and measures governments are taking to restrain it. Hong Kong slipped more than 1% while Tokyo edged lower. Shanghai and Seoul were higher while Sydney was nearly unchanged. Chinese ride-hailing service Didi Global Inc said Friday it will pull out of the New York Stock Exchange and shift its listing to Hong Kong as the ruling Communist Party tightens control over tech industries. The Securities and Exchange Commission has moved to require that US-listed foreign stocks like Didi disclose their ownership structures and audit reports, which could lead to some of them being delisted. Hong Kong's Hang Seng fell 1.2% to 23,510.15, while the Nikkei 225 in Tokyo edged 0.2% lower, to 27,692.34. In Seoul, the Kospi gained 0.4% to 2,957.86. Sydney's S&P/ASX 200 was less than 0.1% higher, at 7,228.50. The Shanghai Composite index gained 0.5%, to ...

Asian markets mixed after Wall Street decline, coronavirus unease

Asian stock markets were mixed Thursday after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus's omicron variant. Tokyo and Sydney fell while Hong Kong and Seoul advanced. Shanghai was unchanged. Wall Street's benchmark S&P 500 index ended down 1.2% on Wednesday after gaining 1.9% earlier in the day. That was despite surveys showing US hiring and factory activity in November were better than expected. Markets were sliding when the White House announced the discovery of the first omicron case in the United States. It is unclear whether omicron is more dangerous than other variants, but governments have responded by tightening travel controls, fuelling unease about the outlook for a global economic recovery. The latest data painted an optimistic picture for economic conditions, but that seems to be taking a backseat as the omicron variant can potentially shift the landscape, Yeap Jun Rong of IG said in a report. The Shanghai Composite Index .

Asian shares tick up but Omicron variant worries leave markets on edge

Omicron is rapidly becoming the dominant variant of the coronavirus in South Africa less than four weeks after it was first detected

Asian shares soar after Wall Street hits record, Japan inflation eases

Asian stock markets were mostly higher Friday after Wall Street hit a record and Japanese inflation eased. Market benchmarks in Shanghai, Tokyo and Sydney advanced. Hong Kong declined. Wall Street's benchmark S&P 500 index advanced 0.3%, putting it on track for a weekly gain. Investors are shifting focus from corporate earnings to the longer-term outlook for global economies and whether central banks might feel pressure to cool rising prices by rolling back stimulus faster than planned. Inflation is currently the main focal area for the markets, Fawad Razaqzada of ThinkMarkets said in a report. On Friday, Japan's government reported October consumer inflation eased to 0.1% over a year earlier from the previous month's 0.2%. The Shanghai Composite Index rose 0.3% to 3,531.26 and the Nikkei 225 in Tokyo gained 0.4% to 29,718.62. The Hang Seng in Hong Kong sank 1.7% to 24,878.87. The Kospi in Seoul advanced 0.4% to 2,958.64 and Sydney's S&P-ASX 200 added 0.2% to 7,391.60. New ...

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.