Breaking News: Asia
Asia-Pacific stocks set for lower start as 10-year U.S. Treasury yield surges
SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Wednesday, following an overnight surge in the U.S. 10-year Treasury yield. The Nikkei futures contract in Chicago was at 27,550 while its counterpart in Osaka was at 27,565. That compared against the Nikkei 225’s last close at 27,787.98. Elsewhere, the SPI futures contract […]
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Asia-Pacific stocks rise as oil jumps about 2%; Reserve Bank of Australia rate decision ahead
SINGAPORE — Shares in Asia-Pacific rose in Tuesday morning trade as investors look ahead to the Reserve Bank of Australia’s latest rate decision. In Japan, the Nikkei 225 gained 0.4% as shares of SoftBank Group and Fanuc climbed more than 1% each. South Korea’s Kospi edged 0.12% higher. Elsewhere, Australia stocks also rose as the […]
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Hong Kong leader Carrie Lam says she won’t seek second term in office
Hong Kong Chief Executive Carrie Lam listens to reporters’ questions during a press conference on March 21, 2022 in Hong Kong, China. Vincent Yu | Getty Images News | Getty Images Hong Kong Chief Executive Carrie Lam will not be pursuing a second term in office, she said during a press conference on Monday. This […]
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Asia-Pacific stocks mixed; mainland China markets closed
SINGAPORE — Shares in Asia-Pacific struggled for direction on Monday, as investors continue to monitor the U.S. Treasury yield curve. The Nikkei 225 in Japan slipped fractionally as shares of Tokyo Electron dropped around 2%. The Topix index climbed about 0.1%. South Korea’s Kospi dipped 0.49%.Elsewhere in Australia, the S&P/ASX 200 rose 0.43%. MSCI’s broadest […]
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Japan stocks lead losses in Asia-Pacific; private survey on Chinese manufacturing activity ahead
SINGAPORE — Shares in Asia-Pacific fell Friday morning following overnight losses on Wall Street, with investors looking ahead to the release of a private survey on Chinese manufacturing activity in March. The Nikkei 225 slipped 1.29%, as shares of SoftBank Group dropped more than 2%, while the Topix index fell 1.2%. Sentiment at Japan’s large […]
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Oil falls more than 3% in mixed Asia-Pacific session; China manufacturing activity data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Thursday morning trade as oil prices fell sharply. In the morning of Asia trading hours, international benchmark Brent crude futures fell 3.46% to $109.52 per barrel. U.S. crude futures dropped 3.84% to $103.68 per barrel. Those losses came after reports that U.S. President Joe Biden’s administration is […]
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Asia-Pacific stocks mixed as investors watch Russia-Ukraine situation
SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday trade as investors watch for developments surrounding the war in Ukraine. The Nikkei 225 in Japan slipped 0.26% as shares of telecommunications firm KDDI fell more than 2%. The Topix index shed 0.62%. Elsewhere, South Korea’s Kospi advanced 0.5%. In Australia, the S&P/ASX 200 climbed 0.58%. […]
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Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges
Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are […]
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Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges
Huawei’s annual report released Monday is the first high-profile corporate event CFO Meng Wanzhou has led since returning to China from Canada after a nearly three-year extradition battle with the U.S. David Ramos | Getty Images News | Getty Images Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued […]
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Japanese stocks set for lower start; data shows China’s industrial profits rose
SINGAPORE — Shares in Japan looked set for a lower open on Monday, while data released over the weekend showed Chinese industrial profits grew in the first two months of the year. The Nikkei futures contract in Chicago was at 28,045 while its counterpart in Osaka was at 28,010. That compared against the Nikkei 225’s […]
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