Breaking News: Asia
Asia-Pacific stocks slip; China’s May retail sales, industrial production out ahead
SINGAPORE — Shares in Asia-Pacific slipped in Wednesday morning trade following overnight losses on Wall Street as the S&P 500 fell deeper into bear market territory. Investors in the region will also be looking ahead to the release of Chinese economic data expected later today. The Nikkei 225 in Japan slipped fractionally in early trading […]
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Australia’s S&P/ASX 200 drops 5% as Asia-Pacific stocks fall
SINGAPORE — Shares in Asia-Pacific fell in Tuesday morning trade after the S&P 500 fell overnight and closed in bear market territory. Australia’s S&P/ASX 200, which returned to trade Tuesday following a holiday yesterday, plunged about 5% and led losses among the region’s major markets. The Nikkei 225 in Japan fell 2% while the Topix […]
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Asia markets tumble; Japan, South Korea and Taiwan fall more than 2% as tech stocks drop
SINGAPORE — Shares in Asia tumbled on Monday, as major markets in the region saw sharp losses of more than 2% amid a tech sell-off. The Nikkei 225 in Japan dropped 2.8%, and shares of conglomerate SoftBank Group sliding more than 4%. The Topix index fell 2.2%. South Korea’s Kospi fell 2.8%, led by tech […]
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Carrie Lam says Hong Kong hasn’t become ‘just another Chinese city’
Hong Kong leader Carrie Lam said the national security law was “absolutely necessary” to ensure Hong Kong’s stability. In an interview with CNBC on Friday, Lam said: “Looking back, I think the enactment and implementation of a national security law, as well as the subsequent improvements to the electoral system, are absolutely necessary to ensure […]
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Asia-Pacific stocks set for lower start ahead of China and U.S. inflation data
SINGAPORE — Shares in Asia-Pacific appeared set for a lower start on Friday as investors look ahead to the release of May inflation data from China and the U.S. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 28,085 while its counterpart in Osaka was at 27,980 […]
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Asia-Pacific stocks slip ahead of China’s May trade data release
SINGAPORE — Asia-Pacific stocks slipped in Thursday morning trade, with investors awaiting the release of China’s trade data for May expected later today. In Japan, the Nikkei 225 was little changed in fractionally lower in early trading while the Topix index shed 0.12%. South Korea’s Kospi declined 0.46%. Over in Australia, the S&P/ASX 200 dipped […]
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Japan stocks set for higher start; investors await Australia’s interest rate decision
SINGAPORE — Shares in Japan looked set for a higher start, while investors in Asia-Pacific await the Reserve Bank of Australia’s latest interest rate decision. The Nikkei futures contract in Chicago was at 28,020 while its counterpart in Osaka was at 28,040. That compared against the Nikkei 225’s last close at 27,915.89. Australian stocks appeared […]
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Singapore names new deputy prime minister in cabinet reshuffle
Singapore’s Finance Minister Lawrence Wong will be promoted to deputy prime minister, in a cabinet reshuffle announced on June 6. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong has named Finance Minister Lawrence Wong as deputy prime minister in a cabinet reshuffle that will take effect next Monday. […]
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Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading
SINGAPORE — Shares in Asia-Pacific were mixed on Monday, with Chinese stocks leading gains regionally as tech stocks in Hong Kong surged. Hong Kong’s broader Hang Seng index closed 2.71% higher at 21,653.90. Shares of Chinese tech firms in Hong Kong soared following a Wall Street Journal report that regulators in China are concluding probes […]
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Asia-Pacific stocks set for higher start after overnight Wall Street jump
SINGAPORE — Shares in Asia-Pacific looked set for a positive Friday start following gains overnight on Wall Street. Investors will also be looking ahead to the release of U.S. jobs data for May. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 27,770 while its counterpart in […]
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