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Asia-Pacific stocks set for lower start as 10-year U.S. Treasury yield surges
World

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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Russia debt default prospect resurfaces as U.S. blocks bond payment
World

Russia debt default prospect resurfaces as U.S. blocks bond payment

Russian President Vladimir Putin attends a meeting with members of the Security Council at a residence outside Moscow, Russia April 1, 2022.  Mikhail Klimentyev | Sputnik | Reuters The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. […]

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Asia-Pacific stocks rise as oil jumps about 2%; Reserve Bank of Australia rate decision ahead
World

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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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
Technology

Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto

In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]

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Asia-Pacific stocks mixed; mainland China markets closed
World

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
World

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
World

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
World

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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Japanese stocks set for lower start; data shows China’s industrial profits rose
World

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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Hong Kong drops nearly 3% as Chinese stocks tumble; shares of JD Logistics, Russia’s Rusal fall
World

Hong Kong drops nearly 3% as Chinese stocks tumble; shares of JD Logistics, Russia’s Rusal fall

Other Asia-Pacific markets Japan stocks moved into negative territory after rising earlier. The Nikkei 225 and the Topix sat below the flatline. Japan reported inflation data, showing its core consumer price index hit a two-year high in March, according to Reuters. Australia’s S&P/ASX 200 stayed in positive territory as it inched up 0.26%, with some gains […]

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