Tag Archives: Asia

Second wave, coronavirus, Asia, prompts, fresh lockdowns

Second wave of coronavirus in Asia prompts fresh lockdowns

07 July, 2020 6:05 pm 6:05 pm

SYDNEY (Reuters) – Countries around Asia are confronting a second wave of coronavirus infections and are clamping down again to try to contain the disease, with Australia recording a record daily rise in cases and Vietnam locking down the city of Danang. Mainland China is battling the most aggressive return of COVID-19 in months, confirming … Read More

Asia Asia stocks US riots S&P

Asia stocks prove resilient to US riots as S&P futures bounce

06 June, 2020 9:04 am 9:04 am

SYDNEY (Reuters) – Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in US cities and unease over Washington’s power struggle with Beijing. E-Mini futures for the S&P 500 ESc1 recovered early losses to be up 0.1%, having been down 1% in early trade, while … Read More

US unemployment Asia earnings wall street Asian stocks

Asia stocks poised to rise as upbeat earnings trump jobs gloom

05 May, 2020 8:40 am 8:40 am

NEW YORK (Reuters) – Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst US unemployment rate in more than 70 years. Stock futures were up ahead of the Asia market open while Thursday trading saw oil and … Read More

Asia, coronavirus, cases, 250,000, pace, slower, US, Europe

Asia coronavirus cases hit 250,000 but pace much slower than US, Europe

05 May, 2020 10:59 pm 10:59 pm

SYDNEY (Reuters) – Coronavirus cases in Asia rose to a quarter of a million on Tuesday, according to a Reuters tally, driven by outbreaks in Singapore, Pakistan and India, even as China, South Korea and Japan significantly slowed the spread of the disease. The region where the pandemic started has fared better overall than North … Read More

Asian stocks Oil Oil higher economies lockdown Asia

Asian stocks, oil higher as economies emerge from lockdown

05 May, 2020 8:40 am 8:40 am

HONG KONG/NEW YORK (Reuters) – Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdowns while oil extended gains on expectations fuel demand would begin to pick up. Brent crude rose 4.3% to $28.37 a barrel, up for a sixth straight day, and U.S. crude rose 1.38% to $21.77 … Read More

Asia stocks set to rise as Wall Street jumps on lockdown easing hopes

04 April, 2020 9:57 am 9:57 am

NEW YORK (Reuters) – Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and US states buoyed sentiment, despite another decline in oil prices. While some investors believe the worst may soon be over for the world economy, Commonwealth Bank of Australia said … Read More

Asia, shares, jump, pandemic, outlook

Asia shares jump but pandemic hangs heavy over outlook

04 April, 2020 9:47 am 9:47 am

NEW YORK/SYDNEY (Reuters) – Asian stocks bounced on Tuesday on hopes the coronavirus outbreak may be peaking, though sentiment was cautious ahead of Chinese trade data and corporate earnings as investors worried about a deep global recession. Chinese shares started firm with the blue-chip index .CSI300 up 0.7%. Australian shares were up 0.6% while South … Read More

oil Saudi-russia deal shares slip saudi arabia stocks Asia Russia

Oil, shares slip on doubts over Saudi-Russia deal

04 April, 2020 9:55 am 9:55 am

TOKYO/NEW YORK (Reuters) – Oil prices retreated on Friday after massive gains, while stocks in Asia edged down, as doubts grew over an oil price deal between Saudi Arabia and Russia that US President Donald Trump said he had brokered. With the coronavirus pandemic raising the risk of a prolonged global downturn, investors continued to … Read More

Coronavirus, epidemic, far, Asia, WHO official

Coronavirus epidemic ‘far from over’ in Asia: WHO official

03 March, 2020 11:54 am 11:54 am

BEIJING (Reuters) – The coronavirus epidemic is “far from over” in the Asia-Pacific region, and current measures to curb the spread of the virus are buying time for countries to prepare for large-scale community transmissions, a WHO official said on Tuesday. Even with all the measures, the risk of transmission in the region will not … Read More

Asian Shares Asia oil prices virus central banks virus chills

Asia shares suffer virus chills, central banks offer what they can

03 March, 2020 8:35 am 8:35 am

SYDNEY (Reuters) – Asian shares slid on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks’ best efforts. “We continue to mark down 1H20 global GDP forecasts as our assessment of both the global pandemic’s … Read More

dollar Asia Coronavirus unemployment filings Asian Stocks pandemic stimulus combat

Asia shares rise on more stimulus hopes but dollar loses steam

03 March, 2020 8:30 am 8:30 am

TOKYO (Reuters) – Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%. Australian shares gave up gains to fall 1.09%, but Japan’s Nikkei rose 1.44%. E-Mini … Read More

ASia wall street investors US stimulus US Congress stimulus package

Asia rides Wall Street surge as investors place hopes on US stimulus

03 March, 2020 9:00 am 9:00 am

TOKYO (Reuters) – Asian shares extended their rally on Wednesday in the wake of Wall Street’s massive rebound as the US Congress appeared closer to passing a $2 trillion stimulus package to mitigate the economic blow from the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1.7% with Australian shares jumping … Read More

Asia stocks rally, oil skids as investors reassess Mideast risk

01 January, 2020 11:28 am 11:28 am

SYDNEY (Reuters) – Asian shares rebounded on Tuesday as investors’ reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed. Oil surrendered hefty gains as some speculated Iran would be unlikely to strike against the US in a way that … Read More

230,000, people, day, Asia, remembers, devastating, 2004 tsunami

Asia remembers devastating 2004 tsunami when 230,000 people lost in a day

12 December, 2019 9:49 am 9:49 am

PHANG NGA, Thailand (Reuters) – Communities across Asia commemorated the 230,000 victims of the Indian Ocean tsunami on Thursday, the 15th anniversary of one of the world’s most deadly disasters. On the morning after Christmas Day in 2004, a 9.1 magnitude quake off northern Sumatra island triggered a tsunami with waves as high as 17.4 … Read More

Asian, Asia Trade Maze oil nurses losses

Asian shares trapped in a trade maze, oil nurses losses

11 November, 2019 8:41 am 8:41 am

SYDNEY (Reuters) – Asian shares stumbled on Wednesday as the Sino-US trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply left oil prices nursing their biggest one-day loss in seven weeks. Figures from the American Petroleum Institute out late Tuesday showed a far larger rise in crude … Read More