Shanghai
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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Apple iPhone maker Pegatron reportedly suspends production in Shanghai because of Covid outbreak
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple iPhone assembler Pegatron has suspended production in Shanghai and Kunshan amid strict Covid-19 prevention measures, according to multiple reports. […]
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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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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are down to start the week People walk along Wall Street near the New York Stock Exchange on March 08, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were slightly […]
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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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Shanghai residents question human cost of China’s Covid quarantines
The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an outbreak in China’s worst Covid wave in two years. Hector Retamal | Afp | Getty Images Lu, 99, was a long-time resident at Shanghai’s Donghai Elderly Care hospital, her loved ones secure […]
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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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China’s smartphone market could plunge 20% as Covid cases spike — but Apple may see growth
China’s smartphone market could decline in the second quarter as the country experiences a resurgence of covid cases, analysts said. But Apple could fare quite well, the analysts said as it continues to attract users in the high-end of the market. Future Publishing | Future Publishing | Getty Images China’s recent surge in Covid cases […]
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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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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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