Hang Seng Index
European stocks head for mixed open as global markets are rattled by central banks
LONDON — European stocks are expected to open in mixed territory on Tuesday after sharp declines in global markets on Monday amid fears that central banks will be forced into aggressive monetary policy tightening with inflation remaining high. The U.K.’s FTSE index is seen opening 23 points higher at 7,226, Germany’s DAX 44 points higher […]
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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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Global markets are tanking ahead of a huge week for central banks
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1, 2022. Brendan McDermid | Reuters LONDON — Global stock markets are falling sharply after May’s U.S. inflation print reignited fears that central banks will be forced into aggressive monetary policy tightening. Friday’s highly-anticipated consumer price index […]
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JPMorgan says Chinese assets are a good diversifier right now
Sign for J.P. Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York. Mike Kemp | Getty Images LONDON – As lockdowns ease and regulatory pressures subside, some of the headwinds facing Chinese stocks are set to […]
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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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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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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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Elliott Associates sues LME for $456 mln over nickel trading halt: HKEX
LEON NEAL | AFP | Getty Images Fund manager Elliott Associates has sued London Metal Exchange (LME) for $456 million following the suspension and cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearing Ltd, the Hong Kong bourse said on Monday. LME and LME Clear Limited have been named as […]
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