WORLD MARKET NEWS - Page 15

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)

Global stock rebound fizzles; US futures dropSubscriber Only

September 10, 2020 13:02 IST

US and European futures edged lower, while equities in Japan and China retreated from session highs. Stocks in Hong Kong fluctuated.

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Wall Street ends higher on tech rally to snap three-day skid

September 10, 2020 08:29 IST

Tesla Inc shares rebounded 10.92% after suffering their biggest one-day percentage drop in the prior session, while Apple Inc, Microsoft Corp and Amazon.com Inc - the top three U.S. public companies by market capitalization - each rose by at least 3%.

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)

Stocks firm, shrug off tech rout scare and Sino-US tensions

September 8, 2020 12:58 IST

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4%. Japan's Nikkei added 0.8%, even as revised data confirmed the nation had slumped into its worst postwar contraction, with business spending taking a bigger hit from the coronavirus pandemic than initially estimated.

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Asian shares on fragile footing amid elevated valuations, oil skids

September 7, 2020 10:57 IST

Chinese stocks started lower while shares of Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) plunged to the lowest since June 16 on fears the firm could be added to a US trade blacklist. China's blue-chip index slipped 0.3%.

Asian stocks slip after Wall Street selloff dents tech rally

September 4, 2020 10:30 IST

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.6% and looked set for a 2.4% weekly loss, its biggest since April. Japan's Nikkei dropped 1%, Hong Kong's Hang Seng fell 1.8% and Australia's ASX 200 2.8%.

PUBG in ban list, India tops downloads: Government bans 118 more apps with China links

Tencent shares fall over 2% after India bans PUBG game, other mobile apps

September 3, 2020 16:06 IST

The stock traded 2.2 per cent lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

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K-shaped recovery comes to emerging markets as rich get richerSubscriber Only

September 3, 2020 09:43 IST

A Bloomberg study of 17 emerging markets has found a 42% correlation between gross domestic product per capita and stock performance since the virus-fueled risk sell-off began on Jan. 20 until early this week.

Anas Al-Saleh, Kuwait's deputy prime minister and finance minister, speaks during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 20, 2017. (Image source: Bloomberg)

Kuwait, one of the world’s richest petrostates, is running out of cashSubscriber Only

September 3, 2020 16:30 IST

The OPEC club of oil-exporters has revived crude from its historic drop this year, but $40 is still too low. The coronavirus pandemic and shift toward renewable energy threaten to keep prices depressed.

Mark Zuckerberg and Elon Musk (Image source: Bloomberg)

Elon Musk races ahead of Mark Zuckerberg to become the world’s third-richest personSubscriber Only

September 1, 2020 11:25 IST

Musk is now worth $115.4 billion compared with $110.8 billion for Zuckerberg, according to the Bloomberg Billionaires Index.

Asian shares slip from two-year top as economic strains pile up

August 26, 2020 10:56 IST

MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% after hitting its highest since mid-2018 on Tuesday. Japan's Nikkei was off 0.1%.

A sign for digital payment service Ant Financial's Alipay, an affiliate of Alibaba Group Holding Ltd., and a QR code is displayed at a store in Hong Kong, China, on Tuesday, July 21, 2020. (Photographer: Lam Yik/Bloomberg)

Alibaba’s Ant Group files for blockbuster dual listing in Hong Kong, Shanghai

August 25, 2020 15:13 IST

Ant's initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market, and help both bourses boost their status as capital market centres.

Asian stocks approach two-year high on fresh US-China trade hopes

August 25, 2020 10:54 IST

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.18% and was trading just below a two-year high. Japan's Nikkei rose 1.5% while banking stocks led Australia's S&P/ASX 200 up 0.4%.