World Markets
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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Oil major Shell to write off up to $5 billion in assets after exiting Russia
Royal Dutch Shell products in Torzhok, Russia. Andrey Rudakov | Bloomberg | Getty Images Shell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country’s unprecedented invasion of Ukraine. Thursday’s announcement offers a first glimpse at the potential financial impact to […]
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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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European stocks fall amid hawkish Fed comments, new Russia sanctions; Stoxx 600 down 1.6%
LONDON — European markets declined on Wednesday against a backdrop of hawkish comments from U.S. Federal Reserve officials and further sanctions against Russia. The pan-European Stoxx 600 fell 1.6% by early afternoon trade, with autos dropping 3.5% to lead losses as all sectors and major bourses slid into negative territory. Fed Governor Lael Brainard said […]
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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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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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EU’s new Russia sanctions to likely include steel, luxury goods, jet fuel and more, sources say
European Commission President Ursula von der Leyen delivers a speech during a plenary session of the European Parliament at the EU headquarters in Brussels, on March 23, 2022. John Thys | AFP | Getty Images LUXEMBOURG — The European Union is working on a new package of sanctions against Russia that is likely to restrict […]
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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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Putin talks tough on gas-for-rubles deadline. But European leaders aren’t too worried
Russian President Vladimir Putin has demanded so-called “unfriendly” countries pay for Russian gas in rubles. Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin has sought to ratchet up the pressure on foreign buyers of natural gas, telling so-called “unfriendly” countries to pay in rubles from Friday — or have their supplies cut […]
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European stocks set for muted open to start second quarter; Russia-Ukraine in focus
LONDON — European markets are set for a cautious start to the second quarter on Friday, with talks between Russia and Ukraine continuing to guide investor sentiment. Britain’s FTSE 100 is seen around 4 points lower at 7,512, Germany’s DAX is expected to shed around 15 points to 14,400 and France’s CAC 40 is set […]
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