Journalism of Courage
WORLD MARKET NEWS - Page 17
Chinese economy bounces back; expands 3.2% as coronavirus curbs lifted
July 16, 2020 13:18 IST
China's gross domestic product (GDP) expanded 3.2 per cent year on year in the second quarter of 2020, the country's National Bureau of Statistics (NBS) said on Thursday.
Asian shares fall despite China GDP beat as Sino-US tensions, virus fears weigh
July 16, 2020 10:11 IST
MSCI's broadest index of Asia-Pacific shares outside Japan slid by 0.83%, while Tokyo's Nikkei fell 0.49%. US S&P 500 e-mini stock futures declined by 0.33%.
Asian shares pare gains as US-China tensions intensify
July 15, 2020 10:03 IST
MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.14%, after rising over 1% earlier in the session. Chinese shares were deep in red, with the blue-chip CSI300 index off 1% and Hong Kong's Hang Seng index down 0.6%.
China’s trade unexpectedly rose in June amid worsening virusSubscriber Only
July 14, 2020 13:07 IST
Exports rose 0.5% from a year ago, while imports expanded 2.7%. Both had been forecast by economists to fall.
Singapore slumps into recession with record 41.2% GDP plungeSubscriber Only
July 14, 2020 11:14 IST
Gross domestic product declined an annualized 41.2 per cent from the previous three months, the Ministry of Trade and Industry said in a statement Tuesday, the biggest quarterly contraction on record
Asian markets dip as virus and Sino-US tensions flare
July 14, 2020 10:12 IST
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%. Japan's Nikkei retreated from a one-month high touched on Monday, dropping 0.8%. A firm dollar put pressure on the Aussie and kiwi.
Asian shares extend rally, US earnings to test optimism
July 13, 2020 11:01 IST
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply last week on the back of surging Chinese stocks, which added another 1% on Monday.
China stock rally pauses on stake cuts, US sanctions
July 10, 2020 16:33 IST
At the close, the Shanghai Composite index was down 1.95% at 3,383.32, while the blue-chip CSI300 index was down 1.81%. The start-up board ChiNext Composite index was higher by 0.754%.
Asian shares waver with coronavirus, corporate earnings in focus
July 8, 2020 09:55 IST
Chinese shares flickered between green and red. Australian shares were down 0.4% as were indexes for New Zealand and South Korea. Japan's Nikkei was off 0.1% and Hong Kong's Hang Seng index was slightly firmer.
Asian shares hit speed bump, China extends sharp rally
July 7, 2020 10:33 IST
MSCI's broadest index of Asia-Pacific shares outside Japan was last down 0.25%, a seemingly inevitable correction after sharp gains of 7% in just five days that took it to a 4-1/2-month high.
Asia shares climb as China blue chips hit 5-year peak
July 6, 2020 10:53 IST
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 1% to its highest since February.
Japan seeks extradition of Americans accused in Ghosn escape
July 3, 2020 14:40 IST
“We express our deepest gratitude for the cooperation the US authorities have shown to our request,” the Tokyo District Prosecutors Office said in a statement.
Asian shares hit 4-month high as US, China recoveries gather pace
July 3, 2020 13:33 IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.66%, reaching the highest level since late February, while Japan's Nikkei rose 0.40%.
UK firms slash jobs to cope with outbreak’s long term impact
July 2, 2020 16:54 IST
The owner of sandwich and coffee shop chain Upper Crust was the latest business that caters to travelers to announce cuts Wednesday.
Asian stocks rise on vaccine hopes, eyes on US payrolls
July 2, 2020 10:11 IST
MSCI's broadest index of Asia Pacific shares outside of Japan rose 0.9% with all major indexes trading higher on hopes of a vaccine for COVID-19, which has killed more than half a million people globally and shut down the world economy.
‘The money’s gone’: Wirecard collapses owing $4 billion
June 26, 2020 12:22 IST
Wirecard's implosion came just seven days after EY, its auditor for more than a decade, refused to sign off on the 2019 accounts, forcing out Chief Executive Markus Braun and leading it to admit that $2.1 billion of its cash probably didn't exist.
Asia stocks turn cautious on virus surge, geopolitics
June 17, 2020 12:32 IST
Chinese blue chips slipped 0.4% and E-Mini futures for the S&P 500 0.2%. EUROSTOXX 50 futures and FTSE futures both dithered either side of flat.
China’s factory output perks up but consumers stay cautious
June 15, 2020 12:33 IST
Global leaders are closely watching China to see how long it takes to get back on its feet as they begin to relax their own stringent anti-virus measures and reboot their economies.
Australian lender NAB prepared to say ‘no’ to more relief for customers who cannot repay
June 15, 2020 11:59 IST
Australian banks, including NAB, have since March provided holiday periods of up to six months to customers on over 772,000 business and home loans, worth over A$234 billion ($159.73 billion), according to industry statistics.
Asian shares, oil slump as coronavirus fears take hold
June 12, 2020 10:17 IST
MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.3%. Australian stocks dropped 1.74%, while shares in China fell 0.67%.
Dow sinks 1,800 as virus cases rise, deflating optimism
June 12, 2020 07:10 IST
The Dow Jones Industrial Average sank more than 1,800 points and the S&P 500 dropped 5.9%, its worst day since mid-March, when stocks had a number of harrowing falls as the virus lockdowns began.
Asia stocks break winning streak, bonds rally on sober Fed
June 11, 2020 10:42 IST
After a slow start, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.1%, potentially putting an end to a 10-session winning streak. Japan's Nikkei slid 2.1% as the yen firmed, though Chinese blue chips managed to hold steady.
Fed puts floor under bond buying, sees zero rates through 2022Subscriber Only
June 10, 2020 23:51 IST
A related statement from the New York Fed specified that the pace of the increase would be about $80 billion a month for purchases of Treasuries and about $40 billion of mortgage-backed securities.
Asian stock rally loses steam as markets wait for Fed
June 10, 2020 12:11 IST
MSCI's broadest index of Asia-Pacific shares outside Japan, which has galloped 9% higher in June and is 35% above March lows, rose 0.5%. Japan's Nikkei rose 0.3%.
UK economy inching past crisis peak as demand for aid slowsSubscriber Only
June 9, 2020 17:54 IST
The Department for Work and Pensions said the number of individuals making declarations for Universal Credit benefit claims fell to 96,510 in the week starting May 25, the first time below 100,000 since March. In normal times there are around 55,000 applications a week.
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Man starts vlogging at 70 to spend time, gets over 31 million views on first reel
Trending1 hr ago
Age, as they say, should never stand in the way of new beginnings. A 70-year-old man from Uttar Pradesh has turned that belief into a living example, and his story has struck a chord online, with the internet cheering him on. At a stage of life when many choose to slow down, Vinod Kumar Sharma chose to pick up a smartphone and press record.
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