Journalism of Courage
WORLD MARKET NEWS - Page 12
Asian shares mostly lower as virus, China-US tensions weigh
January 6, 2021 10:18 IST
Global market today: Japan's Nikkei 225 index lost 0.4% to 27,036.51 and the Kospi in South Korea fell 0.2% to 2,987.17. The Hang Seng gave up 240 points to 27,409.35. In Australia, the S&/ASX 200 dropped 1.3% to 6,595.10. The Shanghai Composite index slipped 0.2% to 3,522.72.
Asia shares reach record, Nikkei restrained by lockdown risk
January 4, 2021 11:07 IST
After a slow start, MSCI's broadest index of Asia-Pacific shares outside Japan swung 1.2% higher, hitting another all-time peak.
Ten ways Covid-19 has changed the world economy foreverSubscriber Only
December 30, 2020 11:14 IST
Measured by output, the world economy is well on the way to recovery from a slump the likes of which barely any of its 7.7 billion people have seen in their lifetimes. Vaccines should accelerate the rebound in 2021. But other legacies of Covid-19 will shape global growth for years to come.
Asian shares hit record high as investors bet on recovery next year
December 30, 2020 09:52 IST
MSCI's gauge of Asia-Pacific shares excluding Japan rose 0.6% to hit a record high, led by gains in Chinese shares, bringing its gains so far this year to 18.2%.
Read my brooch, says Russian central bank chief NabiullinaSubscriber Only
December 29, 2020 13:23 IST
The first signal was in March, when she wore a brooch in the form of a Nevalyashka doll, a traditional Russian toy that pops back up when pushed over, as policy makers sought to shore up the economy against the Covid-19 pandemic.
Asian shares up, Nikkei tops 27,000 after Trump OKs stimulus
December 29, 2020 10:37 IST
In Tokyo, the Nikkei 225 jumped 1.6% to 27,292.37, the first time it has traded above 27,000 since April 1991. The market hit its all-time peak close of 38,915.87 on Dec. 29, 1989.
Global shares edge up on news Trump signs aid bill
December 28, 2020 10:15 IST
Japan's Nikkei inched up 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, though trade is slow with many markets still closed for holiday.
Biggest Bangladeshi IPO in a decade, Robi Axiata surges 50% on debut in DhakaSubscriber Only
December 24, 2020 13:43 IST
Robi, a venture between Malaysia’s Axiata Group Bhd. and India’s Bharti Airtel Ltd., raised 5.24 billion taka ($62 million) in the initial share sale.
Alibaba shares in Hong Kong tumble on China probe
December 24, 2020 11:44 IST
The stock traded as low as HK$229.4. The Hang Seng Index was down 0.2%.
Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe
December 24, 2020 09:41 IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.14%. Australian stocks advanced by 0.57%, while Tokyo shares rose 0.43%.
Global stock futures slip as Trump threatens to derail stimulus bill
December 23, 2020 10:52 IST
S&P 500 futures were down half a percent by mid-morning in Asia and European and British equity futures fell by the same margin as the news offset hints of progress toward a British trade deal with Europe.
Asian shares extend losses on worries about spread of virus
December 22, 2020 09:47 IST
Tokyo's Nikkei 225 fell 0.5% to 26,595.52. In Hong Kong the Hang Seng edged 0.2% lower to 26,262.02. South Korea's Kospi declined 0.6% to 2,760.93. In Australia, the S&P/ASX 200 gave up 0.7% to 6,626.70. The Shanghai Composite index shed 0.4% to 3,406.30.
Stocks around the world slump as virus mutation hits economy
December 21, 2020 21:58 IST
The worries hit stock markets hardest in Europe, where France banned U.K. trucks from entering for a period of 48 hours. Other countries around the world also halted flights from the United Kingdom.
High-flying Tesla joins S&P 500; skeptics say buyer beware
December 21, 2020 11:32 IST
Tesla's rise to become the world's most valuable automaker and rank among the top 10 biggest U.S. companies is a surprising accomplishment considering that the company lost $1.1 billion in the first half of 2019.
Asian shares skid despite US economic stimulus deal
December 21, 2020 09:47 IST
Markets fell in Japan, Hong Kong and South Korea on Monday but rose in Shanghai.
Asia shares retreat from record, but US stimulus hopes buoy market mood
December 18, 2020 10:55 IST
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3% from Thursday's record. Still, it's on track for a seventh consecutive week of gains - the longest such streak in about a year.
Global stocks loiter at record highs, waiting for US Congress; oil jumps
December 17, 2020 10:23 IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% to touch an all-time high. Japan's Nikkei rose 0.2%, though both fell back to flat while investors waited for US lawmakers to agree on stimulus.
Bitcoin surpasses $21,000 for first time amid dizzying rallySubscriber Only
December 17, 2020 09:50 IST
Bitcoin has almost tripled this year, with the rally accelerating Wednesday after breaching $20,000 earlier for the first time.
COVID-19 pandemic wipes out 81 million jobs in Asia-Pacific in 2020, ILO saysSubscriber Only
December 16, 2020 13:51 IST
With fewer paid hours of work available, median incomes are falling. Overall, labor incomes in the region fell by as much as 9.9% in the first three quarters of the year, equivalent to a 3.4% drop in gross domestic product, the ILO said.
Asian stocks weaken as infection worries curb vaccine enthusiasm
December 15, 2020 09:46 IST
Most Asian markets retreated in early trade, with MSCI's index of Asia-Pacific shares outside Japan falling 0.4%, having hit a string of record highs last week. E-mini futures for the S&P 500 rose 0.1%.
Stocks hold out hope for vaccine-led recovery, US stimulus
December 14, 2020 13:21 IST
E-Mini futures for the S&P 500 responded by rising 0.5%, while March Treasury bond futures slipped 4 ticks. EUROSTOXX 50 futures added 0.5% and FTSE futures 0.1%.
Asian shares boosted by vaccines hopes, Brexit deadline casts shadow
December 11, 2020 11:10 IST
MSCI's ex-Japan Asia-Pacific index rose 0.5%, on track for its sixth straight week of gains, while Japan's Nikkei dropped 0.6%.
Global stocks take a breather as Brexit and US stimulus talks drag on
December 10, 2020 10:07 IST
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3%, while Japan's Nikkei fell by the same margin. Both are up more than 60% from March lows.
Global shares hit record on vaccine progress, sterling awaits Brexit meeting
December 9, 2020 10:03 IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.51%. At one point the index reached 646.10, an all-time peak.
Asian stocks under pressure as pandemic concerns outweigh stimulus hopes
December 8, 2020 09:44 IST
Japan's Nikkei 225 narrowed its losses from early trade, down 0.27%, as Prime Minister Yoshihide Suga unveiled 73.6 trillion yen ($708 billion) in fresh economic stimulus measures, signalling his resolve to pull the country out of its coronavirus crisis-induced slump.
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