Most Asian stock markets are moving higher on Wednesday as investors assess the tension in US-China relations and aggressive statements by Federal Reserve officials on inflation. The Speaker of the House of Representatives, Nancy Pelosi, continues her visit to Taiwan, which has provoked a strong reaction from Beijing. China, which considers Taiwan part of its […]
Tag: Asian Market
‘Plunge’ of more than 2% in China in the shadow of Pelosi’s visit to Taiwan
Chinese shares fall more than 2%, Asian markets fall as geopolitical tensions rise over Pelosi visit Stock markets in the Asia-Pacific region were in the red, with mainland China recording significant losses on Tuesday amid flaring geopolitical tensions over visit of the Speaker of the American House of Representatives Nancy Pelosi to Taiwan. Local media […]
Moderate earnings in Asia – ‘Thorn’ Alibaba in Hong Kong
Most markets in the Asia-Pacific region moved higher on Monday in the wake of the data for the Chinese factory activity which grew at a slower pace in July, according to a private survey, as the country’s strict coronavirus restrictions eased, or were confined to less economically important areas of the country, lessening the economic […]
Negative climate in Asia, plunge of more than 2% for Hang Seng
Most Asian markets fell on Friday, with Hong Kong’s Hang Seng losing more than 2% as technology stocks came under pressure. Tech giants Alibaba and Meituan tumbled more than 5%, with Alibaba heading for its third consecutive negative session. The Hang Seng dives 2.4%, with the Hang Seng Tech index losing 4.2%. The pessimistic assessment […]
Bullish sentiment in Asian markets after Fed rate hike
Asian markets were bullish in today’s session after the US Fed decided to raise interest rates by 75 basis points to tackle inflation, in a widely expected move. Tokyo’s Nikkei 225 closes up 0.30%, Asia Dow gains 0.97%, Shanghai gains 0.40%, Sensex up 1.56%, Singapore’s Straits Times gains 0.34% . An exception is the Hang […]
Mixed signs in Asia – Hong Kong’s real estate sector ‘heavy’
Property shares led Hong Kong lower on Wednesday amid mixed signs in Asia-Pacific markets, with inflation in Australia rising and investors awaiting the US Federal Reserve’s decision on monetary policy. intraday monetary policy. On the board, the Japanese Nikkei closed up 0.22%, at 27,715.75 points, with the South Korean KOSPI to register mild gains of […]
Mixed signs in Asia, eye on Fed – China up
Asia-Pacific stock markets were mixed on Tuesday, as investors braced for another big interest rate hike by the US Federal Reserve on Wednesday as part of its fight against inflation. On the board, the Japanese Nikkei closed with losses of 0.24%, at 27,631.88 units, with the South Korean KOSPI to earn 0.39%, while in Hong […]
Asia falls, weighed down by technological -2% in Hong Kong
Stock markets in the Asia-Pacific region are moving lower at the beginning of the week with technology dragging the markets into negative territory. At the center of the interest was a Financial Times report over the weekend that said China plans to classify US-listed Chinese companies into three categories based on the sensitivity of the […]
Losses in Asia with an eye on Japan inflation
Most Asian stock markets were lower on Friday as investors weighed data from Japan where inflation came in above the central bank’s 2% target for a third straight month in June. Against this backdrop, Japan’s Nikkei 225 gained 0.40%. The rise in consumer prices comes to test the Bank of Japan’s view that recent price […]
Mixed picture in Asia with an eye on interest rates in Japan
Major Asian markets were mixed on Wednesday as Japan’s central bank kept short-term interest rates at -0.1%. In particular, the Japanese Nikkei 225which earlier recorded losses of 0.15%, finally closed with a gain of 0.36%. In Australia, the S&P/ASX 200 increased by 0.52%. Rio Tinto shares fell 3.38% after the company announced it would pay […]
