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Asia-Pacific stocks rise; China announces financial support for Covid-hit sectors
SINGAPORE — Shares in Asia-Pacific edged higher in Tuesday morning trade, as investors watched for market reaction to China’s central bank announcing financial support for Covid-hit sectors. The Nikkei 225 in Japan jumped 1.11% in early trade while the Topix index gained 0.99%. South Korea’s Kospi climbed 0.72%. In Australia, the S&P/ASX 200 advanced 0.22%. […]
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Asia stocks decline as investors react to mixed Chinese economic data
SINGAPORE — Asia markets largely slipped in Monday trade, with investors reacting to the release of Chinese economic data, including first-quarter gross domestic product figures. In Japan, the Nikkei 225 fell 1.5% as shares of Fast Retailing declined nearly 2%. The Topix index shed 1.22%. Mainland Chinese stocks were also lower, with the Shanghai composite […]
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Japan’s shares set for lower open; U.S.-listed Chinese tech stocks drop overnight
SINGAPORE — Japan’s markets are set to fall at Friday’s open, after U.S. stocks fell overnight as Treasury yields climbed to highs. The Nikkei futures contract in Chicago was at 26,955 while its counterpart in Osaka was at 26,920 — lower than the Nikkei 225’s last close at 27,172. Economic data due out on Friday […]
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Asia-Pacific stocks mixed; Australia’s March jobs data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Thursday morning trade as investors look ahead to the release of Australian jobs data for March. The Nikkei 225 in Japan climbed 0.55% in morning trade while the Topix index advanced 0.37%. In Australia, the S&P/ASX 200 rose 0.23%. Australian jobs data for March is due at […]
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Crypto firm Tether to further reduce holdings of commercial debt in stablecoin reserves
PARIS — Crypto firm Tether is planning to reduce its holdings of commercial debt in its reserves, as the issuer of the world’s most-used “stablecoin” continues to face questions about what its digital currency is actually backed by. Last year, Tether revealed that it held some cash but also bought a large amount of commercial […]
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Asia-Pacific stocks mixed after hot U.S. inflation report; China’s trade data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade as investors watched for market reaction to the release of a slightly hotter-than-expected U.S. inflation report. China’s trade data for March is also expected at 11:00 a.m. HK/SIN today. Chinese stocks traded in negative territory ahead of the trade data release, as concerns around […]
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Asia-Pacific stocks slip as investors watch China’s Covid situation
SINGAPORE — Shares in Asia-Pacific slipped in Tuesday morning trade, as investors continue monitoring developments surrounding the Covid situation in mainland China. U.S. inflation data is also expected to be out later Tuesday stateside and could provide more clues on the outlook for Federal Reserve policy. The Nikkei 225 in Japan slipped 0.84% as shares […]
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Shares in Asia-Pacific mixed as investors await China inflation data
SINGAPORE — Shares in Asia-Pacific were mixed Monday morning as investors look ahead to the release of Chinese inflation data for March. The Nikkei 225 in Japan slipped 0.61% in early trade while the Topix index shed 0.35%. South Korea’s Kospi dipped 0.47%. Australia’s S&P/ASX 200 climbed 0.1%. MSCI’s broadest index of Asia-Pacific shares outside […]
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Asia-Pacific markets gain after Wall Street recovery
SINGAPORE — Shares in Asia-Pacific rose on Friday after a comeback on Wall Street as investors continued to digest the Fed’s plans to fight inflation. The Nikkei 225 gained 0.45% in early trade, while the Topix advanced 0.19%. Australia’s S&P/ASX 200 rose 0.35%. In South Korea, the Kospi climbed 0.38% and the Kosdaq added 0.70%. […]
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Japan stocks drop nearly 2% following declines on Wall Street
Asia-Pacific markets fell on Thursday following two days of declines on Wall Street. Source
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