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Citi trader made error behind flash crash in Europe stocks

May 03, 2022 5:49 pm

A trader at the U.S. firm made a mistake “inputting a transaction,” Citigroup said late last night, after a knee-jerk selloff in Swedish stocks in five minutes wreaked havoc in bourses from Paris to Warsaw, wiping out 300 billion euros ($315 billion) at one point. The bank said it identified the error “within minutes” and corrected it.

Asian stocks follow Wall Street lower after Fed rates signal

January 06, 2022 10:25 am

Notes released Thursday from the Fed meeting last month showed policymakers believe the U.S. job market is nearly healthy enough that ultra-low interest rates are no longer needed. Traders took that as a sign the Fed might be more aggressive about rolling back stimulus that is boosting stock prices.

Stocks drop, bonds jump on fears over virus strain: Global markets wrap

November 26, 2021 11:46 am

The dollar was at a 16-month high, while South Africa’s rand weakened and commodity currencies retreated.

Asian stocks follow Wall Street lower on Fed hints at rate hikes

June 17, 2021 10:31 am

The Nikkei 225 in Tokyo lost 1.1% to 28,965.07 and Hong Kong's Hang Seng was off less than 0.1% at 28,434.62. The Shanghai Composite Index was up 0.2% at mid-morning at 3,525.67.

Asian stocks mixed in muted trading, echoing Wall Street close

May 24, 2021 10:58 am

Japan's benchmark Nikkei added 0.2% in morning trading to 28,381.13. South Korea's Kospi slipped 0.3% to 3,147.23, while Australia's S&P/ASX 200 inched up less than 0.1% to 7,031.50. Hong Kong's Hang Seng slipped 0.9% to 28,217.82, while the Shanghai Composite lost 0.4% to 3,473.43.

Asia shares alarmed by US inflation scare, count on calm Fed

May 13, 2021 11:46 am

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.9%, though trade was thinned by holidays in a number of countries.

Asian stock markets advance after new Wall Street high

April 14, 2021 11:43 am

On Wall Street, the S&P 500 rose to 4,141.59. The Dow Jones Industrial Average fell 0.2% to 33,677.27. The Nasdaq, which has more technology stocks, gained 1.1% to 13,996.10.

Global stocks rise after Fed tames inflation fears, projects US GDP surge

March 18, 2021 10:33 am

Global market today: MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.99%, while stocks in China rose 0.46%. Australia's market bucked the trend and fell 0.3%.

Japan news, Japan economy, Japan's Jan factory output, Japan covid-19 cases, Japan pandemic effect, world news, Indian express

Global shares hit new peak, oil up on Middle East tensions

February 15, 2021 2:51 pm

World market: With China and Hong Kong markets closed for the Lunar New Year holiday, Japan's Nikkei led the way, climbing 1.9% to reclaim the 30,000-point level for the first time in more than three decades.

Asia stocks hold at highs, sustained by bottomless stimulus

February 11, 2021 11:33 am

Asian markets today: MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1%, having already climbed for four sessions to be up over 10% so far this year. Japan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.