Asia News
Asia-Pacific stocks rise following overnight Wall Street surge
SINGAPORE — Shares in Asia-Pacific climbed in Friday morning trade following big gains overnight on Wall Street as the Nasdaq Composite surged 3%. South Korea’s Kospi gained 0.27% while the S&P/ASX 200 in Australia advanced 0.46%. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.26% higher. Investors watched moves in Asia-Pacific technology stocks after […]
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Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision
SINGAPORE — Asia-Pacific stocks looked set to trade higher at the Thursday open, as investors in the region look ahead to the Bank of Japan’s latest monetary policy decision. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,485 while its counterpart in Osaka was at 26,480, […]
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Asia-Pacific stocks are set for opening declines following Wall Street drop
SINGAPORE — Shares in Asia-Pacific looked set for a lower open on Wednesday after overnight losses saw the tech-heavy Nasdaq Composite sliding to a fresh low for 2022. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,125 while its counterpart in Osaka was at 26,000. That […]
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Asia-Pacific markets set to open mixed; China’s Covid fears in focus as Beijing expands mass testing
SINGAPORE — Futures pointed to a mixed open for markets in Asia-Pacific as investors are set to closely watch market reaction to Covid fears in China as Beijing expands mass testing. Japan’s Nikkei futures contract in Chicago was at 26,875 while Osaka futures were at 26,810 — higher than the Nikkei 225’s last close at […]
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Asia-Pacific stocks set to open lower after Wall Street sell-off
SINGAPORE — Shares in Asia-Pacific are expected to open lower on Monday following a sell-off on Wall Street on Friday. The Nikkei futures contract in Chicago was at 26,705 while its counterpart in Osaka was at 26,710. That compared against the Nikkei 225’s last close at 27,105.26. Australia and New Zealand markets are closed on […]
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Shanghai blockades Covid-hit buildings, fueling fresh outcry
Resident in a so-called containment building looking out of their balconies on April 24, 2022 in Shanghai, China as the city battles its worst Covid outbreak since the start of the pandemic. CFOTO | Future Publishing | Getty Images Shanghai authorities battling an outbreak of Covid-19 have erected mesh barriers outside some residential buildings, sparking […]
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Start-up Pony.ai says it’s the first self-driving company to get a taxi license in China
Autonomous driving start-up Pony.ai can collect fares for robotaxi rides in parts of two major Chinese cities as of Sunday. Pony.ai handout BEIJING — Self-driving start-up Pony.ai announced Sunday it received a taxi license, the first of its kind in China. The license allows Pony.ai to operate 100 self-driving cars as traditional taxis in the […]
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4 people from missing tour boat in Japan found
The Japanese Coast Guard said Sunday that rescue helicopters found four of the 26 people on a tour boat missing in the frigid waters of northern Japan since the day before, but their conditions are unknown. The four people were found near the tip of Shiretoko Peninsula, but the coast guard said it could not […]
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Orrin Hatch, longest-serving Republican U.S. senator, dies at 88
Former Utah Senator Orrin G. Hatch passed away on April 23, 2022 in Salt Lake City, Utah, surrounded by family. He was 88 years old. Chip Somodevilla | Getty Images News | Getty Images Orrin G. Hatch, the longtime Republican senator from Utah, died Saturday in Salt Lake City at the age of 88, the […]
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Elon Musk says he confronted Bill Gates about shorting Tesla
CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla’s stock. Musk is seen here at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Elon Musk has accused Microsoft co-founder Bill Gates of shorting […]
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