Page 20 - Asian Shares

Asian shares slip, bitcoin extend losses as inflation worries linger

Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions

Asia shares, bruised over US inflation scare, counting on calm Fed

Japan's Nikkei fell 2.0 per cent and touched its lowest since early January, while Chinese blue chips lost 0.9 per cent

Asian equities see foreign investment inflows for first time this year

The inflows, however, were modest

Global Markets: Stocks dip from record levels ahead of Fed decision

The MSCI world equity index, which tracks shares in 49 countries, fell 0.1% by 0810 GMT

Global Markets: Stocks start week in upbeat mood as recovery bets dominate

The broader Euro STOXX 600 gained 0.23%

Asian shares advance after strong finish on Wall Street last week

Shares opened higher in Asia on Monday after a strong finish last week on Wall Street. Tokyo, Hong Kong, Seoul and Shanghai all started out with modest gains and U.S. futures also edged higher. Oil prices slipped. Stocks climbed Friday in New York, though the S&P 500 still ended with its first weekly loss in the last five. Technology stocks and banks led much of the gains, while investors focused on lackluster company earnings from big names like Intel, American Express and Honeywell. So far, Asian markets have taken in stride recent setbacks in vanquishing the pandemic as infections have come roaring back in Japan, Thailand and India, among other countries. Government precautions to battle surging outbreaks point to an uneven global recovery, economists say. That's especially true for tourism, an important industry for many parts of the region. Tokyo's Nikkei 225 added 0.3% to 29,120.12 and the Hang Seng in Hong Kong edged less than 0.1% higher to 29,093.33. In Seoul, the Kospi .

Asian shares shake off United States tax fears; cryptocurrencies slump

Bitcoin's rout deepened, dropping below the $50,000 level to a low of $48,338.37

Asian shares, oil prices hit by coronavirus risks to growth outlook

Stocks in Tokyo slumped by 1.95%

Global Markets: Asian stocks hit one-month highs, Bitcoin climbs

Indicators were positive for Europe as well with futures for Eurostoxx 50 up 0.2%

Asian shares mixed as vaccine wait tempers Wall Street optimism

Asian shares were mixed Friday as jubilance over positive US economic data and a Wall Street record high were tempered by caution in the region, where the coronavirus vaccine rollout has lagged. Japan's benchmark Nikkei 225 gained 0.1 per cent to 29,674.31 in morning trading. Australia's S&P/ASX 200 fell nearly 0.1 per cent to 7,052.30. South Korea's Kospi was little changed, inching up less than 0.1 per cent to 3,194.49. Hong Kong's Hang Seng inched down less than 0.1 per cent to 28,771.21, while the Shanghai Composite added 0.2 per cent to 3,406.93. The contrast in the speed of the vaccine rollout has been striking between the US and Asia. Nearly half of American adults have gotten at least one dose of the vaccine, and about 30 per cent of adults in the US have been fully vaccinated, according to the Centers for Disease Control and Prevention. Japan, where inoculations for the public have barely started, has seen a resurgence of infections in recent weeks. The country's western

Asian shares slip dragged down by Chinese stocks, dollar at one-month lows

Futures for Eurostoxx 50 and Germany's DAX started in negative territory

Asia shares anxious for earnings season, United States data deluge

Chinese blue chips lost 1.5% ahead of a rush of economic figures from the country.

Asian shares hit two-week lows, dollar gains as investors scurry for cover

On Wall Street overnight, the Dow Jones Industrial Average fell 0.94%, the S&P 500 lost 0.76% and the Nasdaq Composite dropped 1.12%

Asian shares advance as yields, inflation fears moderate

Stocks climbed in Asia on Thursday after a key measure of inflation in the US came in lower than expected, easing worries that price pressures could push interest rates higher. Shares rose in Tokyo, Shanghai and Hong Kong but were flat in Sydney. On Wall Street, energy and financial stocks rose while Big Tech shares declined. The S&P 500 added 0.6 per cent and the Dow Jones Industrial Average hit a record high, though tech stocks pulled the Nasdaq slightly lower. The Labour Department reported that US consumer prices, a key measure of inflation at the consumer level, rose 0.4 per cent in February, the biggest gain in six months, led by a jump in gasoline prices. But core inflation, excluding food and energy, posted a much smaller 0.1 per cent gain, easing fears that the inflation might surge as the economy recovers from the pandemic. The timing could not have been better, Stephen Innes of Axi said in a commentary. As Biden's . . . USD 1.9 trillion fiscal stimulus plan was passed

Asian shares track Wall Street fall as bond yields rebound; Nikkei down 2%

Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates. Benchmarks were lower in most major markets and the dollar rose against the Japanese yen. Shares have yoyo'd recently with fluctuations in bond yields. When yields rise quickly, as they have in recent weeks, it forces Wall Street to rethink the value of stocks. Technology stocks are most vulnerable to this reassessment after having soared during the pandemic, making them look pricier than the rest of the market. US government bond yields rose Wednesday after easing a day earlier. The yield on the benchmark 10-year Treasury note was steady at 1.47 per cent early Thursday. The dial ticks back to rising bond yield concerns, between that and the broad risk-on mood derived from the global economic recovery, Jingyi Pan of IG said in a report. She noted that stocks more affected by ups an

Asian shares fall amid China's asset-bubble warning in foreign markets

European markets appeared set for a lower open with Euro Stoxx 50 futures down 0.38% and London's FTSE dropping 0.4%. Those of Germany's DAX fell 0.49%

Asian shares rise as risk assets shine, Australian central bank eyed

Demand for riskier assets did not slug the dollar, usually regarded as a safe-haven currency

Asian equities face outflows in February due to rise in US bond yields

Taiwan and South Korea witnessed the biggest net sales

Asian shares mostly higher amid coronavirus vaccine optimism

Asian shares were mostly higher Tuesday despite a sell-off of shares in technology companies on Wall Street. Japanese markets were closed for a national holiday. South Korea's Kospi slipped 0.4% in morning trading to 3,066.60. Australia's S&P/ASX 200 gained 0.6% to 6,821.70. Hong Kong's Hang Seng jumped 1.2% to 30,681.83, while the Shanghai Composite rose 0.3% to 3,653.62. Thankfully, for society at large, there is more optimism than fear today, with vaccines showing scientific results on the ground that validate efficacy and effectiveness over transmission, leading the world back to normality starting soon, said Stephen Innes, chief global markets strategist at Axi. Although the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines is raising hopes for a recovery from the pandemic. On Wall Street, the S&P 500 fell 0.8% to 3,876.50, extending its losses to a fifth straight day. The benchmark index was just about evenly split ...

Asian shares extend gains on global optimism, vaccine hopes

Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating. US markets were closed Monday for Washington's Birthday, a national holiday. Shanghai was still closed for the Lunar New Year. Japan's benchmark Nikkei 225 jumped 1.3 per cent to finish at 30,467.75, after closing the day before above 30,000 for the first time since August 1990. In Hong Kong, the Hang Seng added 1.9 per cent to 30,746.66. South Korea's Kospi gained 0.5 per cent to 3,161.78, while Australia's S&P/ASX 200 added 0.7 per cent to 6,917.30. Despite data that show regional economies have been hit hard by the pandemic, investors are still sending indexes ever higher. Analysts think Asian shares will continue to rally, cheered by the recent gains on the US and European markets. Hopes for a recovery are being driven partly by the COVID-19 vaccine rollouts, said Prakash Sakpal, senior economist Asia at ING. Gains will still likely be capped