Asian Shares Mostly Higher As Rate Worries Ease

Asian stocks ended mostly higher on Monday as weaker than expected U.S. job growth in April eased concerns over the prospect of higher interest rates. Chinese shares eked out modest gains, with healthcare firms climbing after European Union leaders cranked up their criticism of the United States’ call to waive COVID-19 vaccine patents. The benchmark […]

Asian Shares Rise In Thin Holiday Trading

Asian stocks rose broadly on Tuesday despite lingering concerns about the spike in coronavirus cases in the region. China was closed for Labor Day, while the Japanese markets were closed for Greenery Day. Hong Kong’s Hang Seng Index climbed 199.60 points, or 0.7 percent, to 28,557.14. Ending a long and severe recession, Hong Kong’s economy […]

Asian Shares Fall On Growth Worries

Asian stocks ended flat to slightly lower on Tuesday as climbing Covid-19 cases in emerging economies including India and Brazil dented hopes for a swift global economic recovery. Traders also awaited the Federal Reserve’s monetary policy announcement and Chairman Jerome Powell’s comments on the economy for directional cues. Chinese shares ended little changed even as […]

Asian Shares Rise On U.S. Stimulus Cheer

Asian stocks ended broadly higher on Thursday after the U.S. House of Representatives gave final approval to one of the largest economic stimulus measures in American history. The landmark $1.9 trillion coronavirus relief package was passed by the House and will be signed by President Joe Biden this week, bringing the total spent on Covid […]

Asian Shares Retreat On Liquidity Worries

Asian stocks fell on Thursday as investors booked profits after recent strong gains on earnings optimism and firm signs of an economic recovery. A spike in short-term interest rates raised worries that Chinese policymakers may be starting to shift to a tighter stance to rein in share prices and property markets. Chinese shares drifted lower […]

Asian Shares Mostly Higher On Hopes For Vaccine

Asian stocks ended mostly higher on Wednesday as hopes of a successful coronavirus vaccine and receding U.S. political uncertainty helped offset worries about a surge in coronavirus cases worldwide. Chinese shares ended lower after reports the government is seeking to curb the power of internet giants. The benchmark Shanghai CompositeIindex dropped 17.95 points, or 0.5 […]

Asian Shares Mostly Higher After Chinese Data

Asian stocks ended mostly higher on Tuesday as investors remained hopeful that the United States would soon pass a coronavirus relief package. Traders also digested upbeat trade data from China and news that Johnson & Johnson’s Covid-19 vaccine study has been paused due to an unexplained illness in a participant. Chinese shares recovered from an […]

Asian Shares Advance On Renewed US Stimulus Hopes

Asian stocks advanced on Thursday amid renewed optimism about more U.S. fiscal stimulus after U.S. President Donald Trump tweeted that he would support relief measures for airlines and small businesses. Optimistic signals by U.S. House speaker Nancy Pelosi over an airline-relief bill, rising chances of a Democratic victory during the November elections and expectations that […]

Asian Shares Broadly Higher On Stimulus Optimism

Asian stocks rose broadly on Thursday, although Chinese and Hong Kong markets fell after the United States said it would now require senior Chinese diplomats to get State Department approval before visiting U.S. university campuses or meeting local officials. The State Department said it would also take action to help ensure all Chinese embassy and […]

Asian Shares Retreat Amid U.S.-China Conflict

Asian stocks fell on Friday as disappointing U.S. employment data as well as concerns about rising U.S.-China tensions added to worries about the spread of the coronavirus. Japanese markets were closed for the Sports Day holiday. Chinese shares led regional losses as tensions between the U.S. and China worsened. Just days after the U.S. government […]