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investors ready to look beyond the big Asian tech names may now be able to pick up relative bargains at much lower entry points. Asian tech earnings are still growing much more strongly than U.S. tech, and with low market penetration, the Asian players have plenty of headroom to grow. Among them are ...
US oil hits 1-wk high as dollar sags; many Asian markets shut. NYMEX crude ... Tokyo: U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets closed for the Lunar New Year holiday. ... "The market is quiet due to a slew of holidays in Asia."

Tokyo: Asian stock markets climbed on Friday (Feb 16) in thin holiday trade, led by gains in Tokyo, as volatility eased after last week's rollercoaster ride. ... as investors gradually regained confidence heading into the weekend and set aside inflation fears that had sparked the market meltdown last week.
Many Asian markets are shut for the Lunar New Year holiday on Friday, including China, Hong Kong, Taiwan, South Korea, Malaysia and Vietnam. Overnight, U.S. ... Over in Asia, activity was lower than normal with markets in China, Hong Kong, Taiwan, South Korea, Malaysia and Vietnam closed. Japan's ...
markets in the region, including China and South Korea, closed the week early for the Lunar New Year holiday. Oil prices recorded gains of more than 1 percent during Asian trading hours. ... Asian stocks closed higher on Thursday, taking cues from the rally on Wall Street, while the dollar slipped.
Strong overnight stock gains in the U.S. and Europe continued in Asia on Thursday, though volumes in much of the region were capped by the coming Lunar New Year holiday. Chinese and South Korean markets are closed starting Thursday, joining Taiwan. Hong Kong, Singapore and Malaysia FBMKLCI, ...

Asia-Pacific equity markets on Wednesday broke away from their recent lockstep trading, as the global stock rout over the past two weeks abated and local ... within the levels the index moved on Monday, indicates "overall caution" among investors, said Ric Spooner, chief market strategist at CMC Markets.
Asian markets closed mixed and the dollar slid to multi-month lows against the yen on Wednesday. The Nikkei 225 closed lower ... China Construction Bank added 4 percent to contribute 106 points to the benchmark's 532.52-point gains around an hour before the market close. HSBC gained 2.26 percent ...
Asian markets advanced, after stateside indexes recorded their second day of gains following last week's losses. Greater China markets led gains, although trade was relatively thin in Hong Kong ahead of the Lunar New Year holiday; the Hang Seng was up 1.54 percent ahead of the market close.
Stephen Innes, head of trading for Asia Pacific at Oanda, said it felt like the market was targeting 3% yield for 10-year Treasurys "given the rapid moves over the past few weeks." He believes that once reached, "the markets will relax and hopefully come back. In the meantime, I think while bond desks are ...
Major Asian markets suffered sharp losses on Friday, following another day of steep falls on Wall Street. In a volatile week for ... Fidelity International's chief investment officer for Japan, Takashi Maruyama, said the "massive volatility" was a reaction to the rapid rise on the Japanese market since last year. He added the ...
Greater China markets were similarly downbeat. Hong Kong's Hang Seng Index lost 2.99 percent by 3:04 p.m. HK/SIN, but was off its session lows. Before the market close, heavily-weighted financials HSBC and China Construction Bank lost 0.87 percent and 4.33 percent, respectively. Property developers ...
Wall Street opened higher on Friday, beginning a day of uncertainty after the turmoil gripping markets drove stocks lower in Asia and Europe. ... After ending Thursday's session with a steep slide that marked a 10 percent drop from the market's peak in January, the Standard & Poor's 500-stock index and ...
Look at investment opportunities in Southeast Asian, says Morgan Stanley's chief Asia and emerging equity strategist. ... The sell-off followed a robust rally in China's stock market earlier this year, which is now unwinding ahead of the Lunar New Year holidays starting next week, as investors lock in profits, ...
The volatility of the past week was inevitable, given the lull that had preceded it, said Tai Hui, chief market strategist for Asia at J.P. Morgan Funds. "I'm surprised that people were surprised," he said, while calling the past week's stock pullback "somewhat overdue." Hui is recommending that clients buy ...
Asian stock indexes closed higher on Thursday after last session's rally stalled late in the trading day. Gains in the region followed the slightly lower close seen on Wall Street as U.S. bond yields rose. In Tokyo, the Nikkei 225 jumped 1.13 percent, or 245.49 points, to close at 21,890.86 after closing barely in ...
"The only surprise about the current market volatility is that it hasn't happened sooner," said Richard Titherington, chief investment officer for emerging-market stocks in Asia at J.P. Morgan Asset & wealth management. Meanwhile, Asia "is still expected to see strong growth amid global monetary conditions ...

Hong Kong -- Asian markets followed Wall Street's lead and rose on Wednesday, making up some -- but not most -- of the ground they gave up during a global sell-off the day before. markets in Japan, Hong Kong, Taiwan and South Korea were trading modestly higher by midday in Asia. Futures ...
Asia stocks rebounded on Wednesday following gains on Wall Street as a sense of calm returned to global markets. Japan's Nikkei 225 index climbed 3.2% after falling nearly 7% in the previous session. The recovery follows choppy trading in the US which ended with the Dow Jones Industrial Average ...
Shares across Asia have taken a heavy beating after New York's Dow Jones index suffered its biggest drop in six-and-a-half years. ... But Naeem Aslam, chief markets analyst at Thinkmarkets, believed automated trades - which kick in to reflect sharp market movements - contributed to the steepest declines.
Tokyo - Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half ... Two days of steep losses have erased the U.S. market's gains from the start of this year, ending a spate of record-setting calm for stocks.
This is what's causing some investors in the US and Asia to pull their money out of the stock market. Because when the cost of borrowing rises, investors worry about the impact of that on the growth outlook of companies that might find it more expensive to build new factories or expand. So investors now ...
The sell off in U.S. stock markets on Monday was a continuation of Friday's weakness as investors rushed for the exits in the wake of rising interest rates. The Dow Jones industrial average tumbled 1,175.21 points, or 4.6 percent, to close at 24,345.75, breaking below the 25,000 level. The 30-stock index ...
Asian stock markets fell sharply Tuesday, building on the heavy selling in the U.S. a day earlier. ... investors following strict rules-based approaches, such as risk-parity funds that attempt to maintain a constant level of volatility, were forced to sell because of the increased market fluctuations, Mr. Weston said.
Asian markets plunged on Tuesday as investors dumped stocks following the biggest US market fall for six years. At one point Japan's Nikkei 225 index was down 7%, but recovered some of those losses to close 4.7% lower. London, Frankfurt and Paris all fell sharply when they opened on Tuesday with ...
Asian markets advanced early on Wednesday, retracing losses made in the last session, after major U.S. indexes finished their Tuesday session higher. Japan's Nikkei ... and Subaru. Australian-British mining company Rio Tinto is expected to announced annual results after the Australian market closes.
The global stock-market retreat continued Monday in Asia, with many indexes recording declines of at least 1%. ... Against the backdrop of a broader risk-off mood in markets, the yen JPYUSD, +0.017415% rebounded in Asian trading, with the dollar pulling back to ¥109.95 from ¥110.15 in New York trading ...
Asia markets traded lower on Monday, following a sharp decline in U.S. stocks on Friday. The move in the U.S. market followed a stronger-than-expected jobs report. U.S. futures dropped, with the Dow Jones industrial average futures briefly falling more than 250 points. Markets in Japan, South Korea, ...
markets in Asia were set to open lower Tuesday, with Nikkei futures down more than 3% after the U.S. stock market rout. Futures in Tokyo had dropped nearly as much as 8% and are pointing to an open below the 22,500 support, and into correction territory - more than 10% off its all-time high - as the ...
Hong Kong (Jan 29) -- Hong Kong shares gave up early gains in a choppy morning session on Monday, as investors appeared to take profits after the city's record-setting main equity index capped a seventh consecutive weekly advance on Friday. The Hang Seng Index had slipped 0.04% to 33,142.51 ...
Asian shares traded mostly higher on Monday, tracking significant gains stateside, although Greater China markets gave up early gains to trade lower in the ... The fall was likely due to "a bit of intra-day profit taking after such a great start to the year," said Andrew Clarke, director of trading at Mirabaud Asia.
Asian markets closed mixed on Friday as the dollar wobbled after gaining overnight following comments from President Donald Trump. ... Gains in large cap financials drove the broader index higher on the day, with China Construction Bank gaining 5.37 percent ahead of the market close.
Most Asian markets carve out moderate gains as US yields edge up ... Most major indexes in Asia closed with gains on Friday although the Australian benchmark tracked lower. ... Shares of Tencent, a heavily weighted constituent on the index, were higher by 0.54 percent ahead of the market close. On the ...
Wall Street closed out last week at records and the dollar slumped, setting the stage for Asia's Monday trading day. U.S. stocks touched record levels ... of a coalition government. It also followed the release of European central bank minutes earlier last week that had been interpreted as hawkish by markets.
The more important consumer price inflation data is due after Asian market hours on Friday. Another talking point overnight was the December meeting minutes of the European central bank. The common bloc currency jumped, and German bond yields rose after the ECB said it will review its forward ...
That can move not just mainland markets, but others in the region -- China is the biggest trading partner for most Asian countries. Elsewhere, U.S. oil futures fell some 0.3% in Asian trading, reversing the gain seen during U.S. trading, which put that contract up for a 15th day in 19 and at fresh three-year ...
Most Asia-Pacific stock markets chalked up modest gains early Friday, following fresh records on major U.S. indexes, stemming two days of declines in the region. But a third straight big drop in Samsung and ongoing strength in the yen kept the main stock indexes in South Korea and Japan lower.
(RTTNews.com) - Asian stock markets are mostly higher on Friday, rebounding from the previous session's losses following the record closing highs overnight on Wall Street amid easing worries ... In the currency market, the Australian dollar is higher against the U.S. dollar, extending gains from Thursday.
Major Asian markets clawed back slight gains on Friday after finishing slightly lower in the last session, with most major indexes in the region tracking the strong lead from Wall ... Down Under, the S&P/ASX 200 ended 0.04 percent higher at 6,070.1 as the materials sector outperformed the broader market.
Asian markets saw further losses on Thursday, with Tokyo hit by a weaker dollar and Hong Kong coming off a 12-day surge, as the rally that greeted 2018 gives way to profit-taking. US traders sent all three of New York's main indexes falling for the first time this year as they were spooked by a report saying ...
Most major Asian indexes closed lower on Thursday following the softer lead from Wall Street. ... Mainland markets closed in positive territory, with the Shanghai composite edging up buy 0.11 percent to end at 3,425.57 and the Shenzhen composite advancing 0.38 percent to finish the session at 1,953.12.
Thursday's declines in a number of other Asian markets, including Taiwan and South Korea , were no bigger than 0.2%. ... Commodities have helped drive Australia's stock benchmark to 10-year highs recently but the market was broadly weaker with the S&P/ASX 200 recently down 0.6%, extending ...
Major Asian markets closed mostly lower on Wednesday despite a solid lead from Wall Street overnight, but Hong Kong stocks bucked the trend and ... in December, which was a touch lower than the market's expectations, while the producer price index topped predictions to climb 4.9 percent on-year, ...
Asian stocks extended their New Year rally Tuesday, though Japanese equities pared gains after the Bank of Japan trimmed the size of its bond-repurchase offer in its latest market operation. The Nikkei NIK, +0.57% advanced 1% in early trading as it caught up with regional gains after a market holiday on ...
Asian markets closed mostly higher on Tuesday after a somewhat quiet session on Wall Street. investors in the region also digested earnings guidance from tech heavyweight Samsung electronics and kept an eye on developments from inter-Korea talks. Japan's Nikkei 225 rose 0.57 percent, or 135.46 ...
Ethereum goes berserk in the new year Ethereum continued on its wild ride higher during the Asian trading session Monday. By 4 pm in Hong Kong, ethereum was up 7 percent to $1,196, after reaching an... You must be logged in to keep reading. Important: Never invest (trade with) money you can't afford ...
SAIC Motor launches bid to crack Southeast Asian auto market. New Thai factory ... Bangkok -- SAIC Motor has started up a major vehicle factory in Thailand, a first for a big Chinese automaker, seeking to stake a claim in a Japanese-dominated market as well as export to other Southeast Asian countries.
According to the country's Exports and Tourism Promotion Board, Peruvian sales to Asian markets went from USD 10.53 billion (January-October 2016) to USD 15.59 billion in the same period last year. The target markets included China, South Korea, India, Japan, the UAE, The Philippines, Taiwan, ...
But more broadly, "there are no signs of a pullback yet," said Margaret Yang, a market analyst at CMC. Asian equities should maintain a positive outlook as major markets are set to keep building on recent gains, she added. Gains for most major indexes in Asia were no more than 0.3% in markets including ...
MSCI's broad index of shares in Asia Pacific excluding Japan was higher by 0.33 percent at 3:18 p.m. HK/SIN. The index was just under its all-time high of 591.50 set more than a decade ago. The first trading week of the year had seen Asian markets touch multi-year highs. Hong Kong's hang seng Index hit ...


 

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