Shanghai
Asia-Pacific markets slip after oil prices jump again
Shares in Asia-Pacific slipped in Thursday morning trade after oil prices jumped around 5% on Wednesday. Source
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Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]
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Japan’s Nikkei 225 rises more than 1%; Fed’s Powell vows tough action on inflation
Fed watch Fed Chair Powell said Monday that inflation is “much too high,” with the central bank set to “take the necessary steps to ensure a return to price stability.” “In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points […]
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Shares in Asia-Pacific rise as investors await release of China’s benchmark lending rate; oil jumps 2%
SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade, as investors look ahead to the release of China’s latest benchmark lending rate. Oil prices also jumped more than 2%. The S&P/ASX 200 gained 0.41%, with shares of Macquarie Group and Wesfarmers both up more than 1% each. South Korea’s Kospi hovered fractionally higher. Markets […]
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Shanghai Disney to close starting Monday amid Covid outbreak in China
Shanghai Disneyland reopened in early May. Hu Chengwei The Shanghai Disney Resort said on Sunday it will temporarily close until further notice starting Monday, citing the new coronavirus outbreak in China. “Due to the current pandemic situation, Shanghai Disney Resort, including Shanghai Disneyland, Disneytown and Wishing Star Park will be temporarily closed from Monday, March […]
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Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak
SINGAPORE — Shares in Asia-Pacific were mixed in Friday morning trade as the Bank of Japan held steady on monetary policy. Hong Kong’s Hang Seng index dropped 2.55% in morning trade as shares of Chinese tech titan Tencent slipped more than 4%. The benchmark index has had a volatile week so far, seeing big losses […]
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