Tag Archives: Asian Stock

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Asian stocks bounce in relief as Trump delays China tariffs

08 August, 2019 11:29 am 11:29 am

TOKYO (Reuters) – Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. The tariff news largely offset a raft of disappointing China data for July. The yen rose on the news about weak China’s industrial … Read More

Stocks crumble as global growth, US earnings fears spook markets

10 October, 2018 8:27 am 8:27 am

SYDNEY (Reuters) – Asian shares dived on Thursday as hundreds of billions of dollars haemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS skidded about 2 percent. … Read More

Asia stocks at 17-month low as China lets yuan slip

10 October, 2018 8:57 am 8:57 am

SYDNEY (Reuters) – Asian shares hit 17-month lows on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic share markets, a shift that pressured other emerging currencies to depreciate to stay competitive. The IMF added to the malaise by cutting forecasts of global growth for both this … Read More

Stocks fall globally after US jobs data, Treasury yields rise again

10 October, 2018 9:06 am 9:06 am

NEW YORK (Reuters) – Major world stock markets sank for a second straight day after strong US jobs numbers signaled a continued tightening of the labor market and increased inflation pressures, while Treasury yields rose again to multi-year highs. The increase in US non-farm payrolls slowed in September, likely from Hurricane Florence’s impact on restaurant … Read More

Rising US bond yields hit global markets, Asian stocks wobble

10 October, 2018 9:54 am 9:54 am

TOKYO (Reuters) – Asian shares wobbled on Friday after benchmark US Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent, while Japan’s Nikkei dropped 0.5 percent and Australian benchmark … Read More

Asia stocks slip as NAFTA lift fades; oil near four-year highs

10 October, 2018 8:16 am 8:16 am

TOKYO (Reuters) – Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1 percent after a steady start. Australian stocks lost 0.8 percent and South … Read More

Asian stocks dip on trade, emerging market woes

09 September, 2018 8:45 am 8:45 am

TOKYO (Reuters) – Asian stocks dipped on Monday on worries about further escalation of the US-China trade war and unstable emerging market currencies. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent while Japan’s Nikkei  fell 0.4 percent though trade could be subdued due to a US market holiday on Monday. “It … Read More

Asia stocks capped, dollar droops following Trump comments

08 August, 2018 8:31 am 8:31 am

TOKYO (Reuters) – Asian stocks were capped and the dollar dipped on Tuesday after US President Donald Trump accused China and Europe of manipulating their currencies and said he was “not thrilled” with the Federal Reserve for hiking interest rates. Keeping global trade conflict concerns on the boil, Trump said in an interview with Reuters  … Read More

Asian stocks wobbly before tariff deadline in Sino-US trade row

07 July, 2018 9:25 am 9:25 am

TOKYO (Reuters) – Asian stocks were shaky while major currencies barely budged in early trade on Thursday, as financial markets remained in a state of anxious uncertainty on the eve of a US deadline to slap tariffs on Chinese imports. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.1 percent, having moved … Read More