WORLD MARKET NEWS - Page 13

A pedestrian is reflected on an electronic stock board outside a securities firm in Tokyo, Japan, on Friday, Aug. 28, 2020. (Photographer: Soichiro Koriyama/Bloomberg)

Asian shares mixed, US dollar near two-and-half year lows

December 3, 2020 13:27 IST

The dollar index slipped to a fresh 2-1/2 year low of 90.948 on Thursday and was last at 90.976.

People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Nov. 9, 2020. (AP Photo/Vincent Yu)

Asian shares open higher following stellar month of gains

December 1, 2020 09:54 IST

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.26% on Tuesday after closing the month 9% higher, the best November since 2001. Japan's Nikkei and Australia's S&P/ASX 200 were each 0.9% higher, while South Korea was up 1.4%.

A man walks past an electronic stock board showing foreign currency prices at a securities firm in Tokyo Thursday, Nov. 12, 2020. (AP Photo/Eugene Hoshiko)

Global shares rest after “awesome” month, China factories speed up

November 30, 2020 10:34 IST

Early Monday, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.4%, to be up almost 11% for the month in its best performance since late 2011.

A man walks past an electronic board showing Japan's Nikkei 225 index and currency exchange rate at a securities firm in Tokyo Friday, July 10, 2020. (AP Photo/Eugene Hoshiko)

Asian shares advance as vaccine, recovery hopes triumph soft US data

November 26, 2020 10:01 IST

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% while Japan's Nikkei gained 0.6%.

Global stocks hit record high as Biden, vaccine lift global prospects

November 25, 2020 09:49 IST

On Wall Street on Tuesday, the Dow Jones Industrial Average rose 1.54% to 30,046.24 while the S&P 500 gained 1.62%, to 3,635.41, also a record high. The Nasdaq Composite added 1.31%.

Elon Musk, chief executive officer of Space Exploration Technologies Corp (SpaceX) and Tesla Inc at an event at SpaceX headquarters in Hawthorne, California, US, on Thursday, Oct. 10, 2019. (Photographer: Patrick T. Fallon/Bloomberg)

Elon Musk overtakes Bill Gates to become the world’s second-richest personSubscriber Only

November 24, 2020 11:27 IST

Elon Musk's net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.

Daniel Zhang, chief executive officer of Alibaba Group Holding Ltd., gestures as he speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019. (Photographer: Jason Alden/Bloomberg)

Alibaba chairman says China’s antitrust rules ‘necessary’

November 23, 2020 19:35 IST

Beijing’s announcement of proposed guidelines to enforce anti-competition law against internet companies is “timely and necessary,” Daniel Zhang said in a speech at the government-organized World Internet Conference in Wuzhen

People stand near a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Nov. 10, 2020. (AP Photo/Vincent Yu)

Asian shares rise as investors count on vaccine relief

November 23, 2020 10:23 IST

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.56% on Monday, pushing past a previous record high touched on Friday.

Stocks wobble after Mnuchin pulls plug on US stimulus

November 20, 2020 09:42 IST

S&P500 futures slipped 0.7% while Dow futures fell 0.8%, cancelling out a firmer lead from a strong Wall Street session overnight. The dollar halted its week-long slide and the 10-year Treasury yield slipped to the lowest in 10 days to 0.818%.

Elon Musk, Tesla, Jeff Bezos, world's richest person, elon musk tesla spacex, jeff bezos elon musk, elon musk richest man, richest man, elon musk assets, elon musk worth, amazon jeff bezos

Elon Musk is a Tesla rally away from unseating Bill Gates as world’s second richestSubscriber Only

November 19, 2020 10:54 IST

Musk’s net worth soared another $10.2 billion on Wednesday after Tesla shares climbed 10% on the strength of an overweight rating by Morgan Stanley.

Asia stocks ease from highs, bonds count on Fed support

November 19, 2020 10:28 IST

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%, off their historic high. Chinese blue chips added 0.4% as President Xi Jinping vowed to cut tariffs and expand imports of high-quality goods and services.

World shares slip after US retail sales dampen vaccine euphoria

November 18, 2020 10:52 IST

Japan's Nikkei dropped 0.76%, while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed, drawing support from better handling of the pandemic in much of the region.

People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Nov. 17, 2020. (AP Photo/Vincent Yu)

Asian shares rise buoyed by news on coronavirus vaccine

November 17, 2020 10:35 IST

Japan's benchmark rose 0.2% to 25,968.22 in morning trading, after momentarily reaching a 29-year high of above 26,000. Australia's S&P/ASX 200 gained 0.4% to 6,512.00. South Korea's Kospi added 0.3% to 2,550.76. Hong Kong's Hang Seng edged up 0.1% to 26,415.34, while the Shanghai Composite was little changed but slightly higher at 3,347.15.

Asian shares slip on faltering hopes for COVID vaccines

November 12, 2020 11:20 IST

Tokyo's Nikkei 225 index gained 0.4% to 25,459.13 despite a report that machinery orders fell in September, suggesting weakness in corporate investment. But the mood was more somber elsewhere in Asia.

People walk by an electronic stock board of a securities firm in Tokyo, Wednesday, Nov. 11, 2020. (AP Photo/Koji Sasahara)

Asian shares mostly higher as focus shifts to virus recovery

November 11, 2020 11:36 IST

Benchmarks advanced in Tokyo, Seoul and Sydney but edged lower in Hong Kong and Shanghai, where new Chinese regulations focused on technology companies prompted selling in that sector.

Zoom founder Eric Yuan drops $5 billion as vaccine hits Covid-19 winnersSubscriber Only

November 10, 2020 14:53 IST

Zoom shares fell 17% in New York on Monday, erasing $5.1 billion from Yuan’s net worth. He’s sold more than $275 million of Zoom stock in 2020 and is still worth $20 billion, according to the Bloomberg Billionaires Index.

Asian stocks rise for second day on coronavirus vaccine hopes

November 10, 2020 09:47 IST

Benchmarks in Tokyo, Hong Kong and Sydney rose by more than 1% while Shanghai and Seoul also advanced.

World markets rocketed higher after Pfizer said early data show its coronavirus vaccine is effective. (AP Photo/Mark Lennihan)

Stocks burst higher, S&P 500 at record on vaccine hopes

November 9, 2020 21:13 IST

The S&P 500 jumped 3.2% in early trading after Pfizer said an early peek at its vaccine data suggests the shots may be 90% effective at preventing COVID-19, though that doesn't mean its release is imminent.

Asian shares, US futures surge on relief US election decided

November 9, 2020 10:37 IST

Japan's Nikkei 225 surged 1.9% to 24,794.44. Australia's S&P/ASX 200 added 1.6% to 6,291.10. South Korea's Kospi added 1.1% to 2,444.13. Hong Kong's Hang Seng rose 1.3% to 26,037.96, while the Shanghai Composite gained 1.2% to 3,350.34.

A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, US, on Monday, July 20, 2020. (Photographer: Michael Nagle/Bloomberg)

Forget Biden vs Trump: The incumbent is winning in stock marketSubscriber Only

November 6, 2020 13:26 IST

Yesterday, as the big American equity benchmark rallied 2.2%, some 270 of its constituents were nursing losses. Some lost a lot. Three big financial firms slid more than 10%, while utilities tumbled to one of the worst days in three months. While a measure of equilibrium was restored Thursday, at the top, the leader board looked the same.

A screen shows Democratic presidential candidate former Vice President Joe Biden during a news program about the US elections as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 6, 2020. (AP Photo/Ahn Young-joon)

Asian stocks mixed after Wall Street election gains

November 6, 2020 10:46 IST

The Shanghai Composite Index lost 0.5% to 3,302.02 while the Nikkei 225 in Tokyo gained 1.1% to 24,367.35. The Hang Seng in Hong Kong shed 0.3% to 25,617.47.

facebook, facebook ceo mark zuckerberg, facebook vs apple, facebook vs apple vr headsets, mark zuckerberg vs tim cook

Despite US election result uncertainty, Zuckerberg, Bezos have already gained mostSubscriber Only

November 5, 2020 13:20 IST

Across the board, the 167 US billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months. Amazon.com Inc’s Jeff Bezos led the way with a $10.5 billion gain, while Facebook Inc’s Mark Zuckerberg added $8.1 billion.

Asia shares near 3-year high, bonds see boon in US stalemate

November 5, 2020 11:47 IST

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 1.7% to reach its highest since February 2018. Japan's Nikkei rose 1.1% to a nine-month top and South Korea put on 1.7%.

Stock figures on a screen at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. (Photographer: Kiyoshi Ota/Bloomberg)

Global stocks whipsaw, bonds rally as US vote agonisingly close

November 4, 2020 09:48 IST

E-Mini futures for the S&P 500 veered wildly between negative and positive and were last up 0.36%. EUROSTOXX 50 futures lost 0.5% and FTSE futures 0.8%. Japan's Nikkei was still ahead by 1.4%, but MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.6%.

Pedestrians pass the New York Stock Exchange, in New York.

US stocks Jump the most in five months; oil ralliesSubscriber Only

November 3, 2020 22:29 IST

Treasuries fell and a gauge of the dollar dropped the most in three weeks as risk-on mood prevailed. Oil extended gains after jumping on Monday on increasing signs OPEC+ will delay a planned easing of output cuts.