WORLD MARKET NEWS - Page 14

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 in broad-based rally on eve of US election

November 3, 2020 09:58 IST

MSCI's broadest index of Asia-Pacific shares outside Japan added 1%, up for the second straight day. The gauge is just 1% shy of a 2-1/2 year high struck in mid-October and up 5% so far this year.

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Asian shares rebound on strong China data, oil on slippery slope

November 2, 2020 09:51 IST

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5% to 573.04, as China's Caixin/Markit Manufacturing Purchasing Managers' Index offered hope the region's success in containing the coronavirus could spare it the economic pain being inflicted on Europe and the United States.

Shi, 56, is originally from China and founded Nanofilm in 1999 with $300,000. (Image source: LinkedIn/Xu Shi)

Landmark IPO in Singapore turned this professor into a multimillionaireSubscriber Only

October 30, 2020 11:56 IST

Shi’s fortune, mainly made up of the 53% Nanofilm stake he holds with his wife, has surged to almost $930 million, according to the Bloomberg Billionaires Index.

Asian shares falter again, poised for first weekly loss since late-September

October 30, 2020 10:49 IST

MSCI's broadest index of Asia-Pacific shares outside of Japan was last down 0.3%, on track to the end the week 1.3% lower after four straight weeks of gains.

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Asia’s COVID control tempers global stock selloff, US futures jump

October 29, 2020 09:52 IST

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1%. Japan's Nikkei fell 0.8% and drops in Hong Kong, Sydney, Shanghai and Seoul were smaller than 1.5%.

A trader wears a protective face mask near the DAX Index curve inside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, Oct. 16, 2020. (Photographer: Alex Kraus/Bloomberg)

European stocks hit mid-June low on report France mulling national lockdown

October 28, 2020 14:38 IST

The pan-European STOXX 600 index fell 1.6% by 0808 GMT, while Germany's DAX tumbled 2.2%, UK's FTSE 100 dropped 1.5% and France's CAC 40 plunged 2.5%.

Bull or bubble? Experts wonder if the rally’s pace is sustainable

Wall Street alarm at surge of virus sends stocks and oil lowerSubscriber Only

October 27, 2020 14:15 IST

Worry spread to other markets as well, with crude oil futures down more than 3%.

People walk past the Ant Group Co. mascot displayed at the company's headquarters in Hangzhou, China. (Bloomberg)

Jack Ma’s Ant set to raise almost USD 35 billion in biggest-ever IPOSubscriber Only

October 26, 2020 19:34 IST

Alibaba Group Holding Ltd., which was co-founded by Ma and currently owns about a third of Ant, has agreed to subscribe for 730 million of the Shanghai shares, which will be listed in Shanghai under the ticker “688688,” according to the prospectus.

The DAX Index curve sits on display inside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Wednesday, Jan. 16, 2019. (Photographer: Alex Kraus/Bloomberg)

Global shares retreat on coronavirus resurgence, fading US stimulus hopes

October 15, 2020 12:42 IST

European shares were set to open lower, with the pan-European Euro Stoxx50 futures falling 0.7%. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.6% while Japan's Nikkei dropped 0.5%.

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World shares mixed on uncertainty over stimulus, Trump

October 6, 2020 22:16 IST

Signs of Trump's improved condition boosted markets in Asia following an overnight rally on Wall Street. In Europe, sentiment was less upbeat.

US stock futures extend losses as Trump tests positive for COVID-19

October 2, 2020 13:48 IST

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.15%. Australia's S&P/ASX 200 index fell 0.68% as a decline in oil and copper prices weighed on the resources sector.

Tokyo Stock Exchange resumes, market opens up after outage debacle

October 2, 2020 07:00 IST

The outage had come on a day of high anticipated trade volume following the release of the Bank of Japan's closely watched tankan corporate survey and a rise on Wall Street.

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Tokyo bourse halts trading for entire day in worst-ever outageSubscriber Only

October 1, 2020 10:30 IST

The stoppage means buying and selling in thousands of shares will be frozen on the first day of the new quarter. Previous outages had only affected part of the trading day.

Global stocks pull back as acrimonious US debate stokes caution

September 30, 2020 11:51 IST

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, led by a 1.2% gain in Hong Kong. Japan's Nikkei fell 1% and Australia's S&P/ASX 200 fell nearly 2%.

Global shares slip as US presidential debate looms

September 29, 2020 15:41 IST

The broader Euro STOXX 600 fell 0.4%, eroding hefty gains from a day earlier, with indexes in Frankfurt, Paris and London each losing between 0.4%-0.5%.

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Asian shares make tepid recovery on tech rally and stimulus hopes

September 25, 2020 12:42 IST

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.4% higher, after slumping 2.15% a day earlier, its biggest daily drop since June 11.

Asian shares tumble as global recovery hopes falter

September 24, 2020 10:24 IST

MSCI's broadest index of Asia-Pacific shares outside Japan tumbled 1.35% in the morning session on broad losses across the region.

Asian stocks down on fresh lockdown worries, banking sell-off; dollar rises

September 22, 2020 10:58 IST

Australia's S&P/ASX 200 dropped 0.7% pressured by miners and energy stocks, while China's blue-chip index shed 0.1% and Hong Kong's Hang Seng index was down 0.5%. Japanese markets were closed for a public holiday.

A digital currency exchange sign displays US Dollars in Turkey. (Photographer: Bloomberg Creative Photos/Bloomberg)

Indian-origin ex-JPMorgan trader gets 8 months in prison for currency bid-riggingSubscriber Only

September 18, 2020 12:33 IST

Akshay Aiyer was found guilty last November of conspiring with traders at other banks in chat rooms, on telephone calls and at social gatherings to coordinate bids and fix prices of African, European and Middle Eastern currencies while leading customers to believe they were competing with each other.