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updated Thu. June 13, 2024

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Asian stocks' early gains eroded Monday, led by declines in Hong Kong and mainland China over worries about the Hong Kong dollar. The currency last week weakened to the bottom of its trading band against the U.S. dollar, leading Hong Kong's monetary authority to try to bolster it by selling $1.23 billion ...
Early morning trade in Asia saw crude oil futures slipping from last week's 3.5-year high, after the US said that the missile strikes against Syria were a 'one-time shot.'With Syria having little oil production of its own, the main concern for the oil market is the threat to key supply routes out of the Middle East.

Most Asian markets drifted lower on Tuesday as investors digested the release of better-than-expected China data. The dollar was also broadly steady after slipping on the back of an overnight pick up in investor confidence amid fading geopolitical concerns. In Tokyo, the Nikkei 225 was little changed and ...
(RTTNews.com) - Asian stock markets are mostly lower on Monday amid cautious trades with the weak cues from Wall Street on Friday and ... The Australian market is modestly higher in cautious trades as higher commodity prices helped offset the weak cues from Wall Street on Friday as well as worries ...
Asia-Pacific stock markets gave up some of their early gains Friday after China reported a surprise trade deficit for March. ... to keep Hong Kong stocks rangebound until June, when the inclusion of Chinese equities into MSCI's emerging-market index draws foreign money to both the city and mainland.
Asian markets closed higher on Tuesday as stocks got a boost from Chinese President Xi Jinping's comments on measures planned to further open up the Chinese economy. Those measures, which Xi brought up in his speech at the Boao Forum for Asia, included lowering import tariffs for autos and other ...

[HONG KONG] A wave of optimism flowed across Asian markets on Tuesday, tracking a surge on Wall Street, as fears of a US-China trade war receded. Speculation that Kim Jong Un was on a surprise, secret visit to Beijing also lifted spirits - and the South Korean won - as the North Korean leader prepares ...
Asian stocks closed higher on Tuesday after Wall Street rebounded on the first day of the trading week as China and the U.S. moved to ease trade tensions. In Tokyo, the Nikkei 225 jumped 2.65 percent, or 551.22 points, to close at 21,317.32. The broader Topix gained 2.74 percent, as all sectors advanced ...
Having already exited the Chinese and Russian markets due to the strength of local competitors, ridesharing service Uber says it's pulling out of the Southeast Asian market, too. Announced on Monday morning, March 26, Uber has agreed to sell its ridesharing business in Southeast Asia to its main ...
Asian markets traded higher on Thursday after the Federal Reserve raised rates by 25 basis points, as had been widely expected. ... more rate hikes in the long term ... but not rocking market sentiment too much with the median for 2018 staying at three hikes," Tai Hui, chief market strategist for Asia Pacific at ...
News events were creating opportunities for investors to find bargains, said Jack Siu, investment strategist for Asia-Pacific at Credit Suisse, who also flagged a looming Federal Open Market Committee meeting where the Fed is widely expected to raise U.S. interest rates. The two-day meeting concludes ...
Asian markets closed mixed Wednesday, with some markets giving up significant early gains to finish lower. The Fed kicked off its two-day meeting ... Energy and property names led gains an hour ahead of the market close, but technology names slipped into negative territory. Shares of index heavyweight ...
Asian markets closed mixed on Monday, with Japan's benchmark index underperforming regional peers as investors also turned their attention to the Federal Reserve's two-day policy meeting ... MSCI's broad index of shares in Asia Pacific excluding Japan traded lower by 0.36 percent by 3:00 p.m. HK/SIN.
The spot price of benzene in Northwest Europe has fallen to a four-month low, weighed on by length in Asia, sources said. ... "People did not expect the Asian market to be this weak. There is more ... The supply length in Asia was more due to low demand, rather than being more supply than anticipated.
[HONG KONG] Asian investors remained on edge Friday as the curtain came down on another volatile week for markets with fears of a global trade war ... it comes to that first move in interest rates after the end of (easing) in the next six to 12 months", said Greg McKenna, chief market strategist at AxiTrader.
Asia-Pacific stocks were largely lower Friday, with markets getting little direction from European and U.S. activity overnight, after what has been a choppy ... “Upward momentum has started to further improve, which could be considered to be a positive signal to the market outlook in the struggle of bears and ...
Asian markets were narrowly mixed on Friday, against a backdrop of trade and political developments. Trade was in focus, with the Wall Street Journal reporting that the White House was looking to impose tariffs on at least $30 billion of Chinese imports. The greenback slipped against the safe-haven yen.

Asian markets closed mixed on Thursday, after some regional stock indexes shrugged off early losses. Meanwhile, the ... The financials subindex eked out gains on the whole, even though heavyweights HSBC and AIA were down 0.13 percent and 0.22 percent, respectively, an hour before the market close.
Recent inflation reports from the U.S. have been sources of volatility in markets as investors try to guess the trajectory of Fed policy tightening. “It was only one month ago a surprise inflation print sent the market into a tailspin,” said Stephen Innes, head of trading for Asia at currency broker Oanda.
Asian markets closed lower on Wednesday following the sacking of U.S. Secretary of State Rex Tillerson and amid talk of potential U.S. tariffs against China. The Nikkei 225 fell ... "The instability of the White House staff reinforced market uncertainty about Trump's future policy moves, especially on trade.".
Asian markets sigh with relief over ease in nuclear tensions ... A thaw in relations between North Korea and the US has pleased investors as most Asian markets close with a lift. Now Reading: ... Asia's stock markets cheered with hope that North Korea nuclear tensions might be easing. The thaw in relations ...
Markets in Asia closed higher on Thursday, with stocks clawing back gains after sliding in the last session on trade-related fears. Gains in the ... The heavily weighted financials sector was firmly higher: HSBC advanced 0.72 percent and insurer AIA added 3.03 percent ahead of the market close. Mainland ...
Asian markets closed higher on Friday after President Donald Trump accepted an invitation to meet with North Korean leader Kim Jong Un. The dollar jumped against the yen following the news. Trump signed tariffs on steel and aluminum imports that exempted Canada and Mexico. The Bank of Japan kept ...
Asian stocks slid on Friday, with the Nikkei 225 leading losses in the region. Steel producers and automakers in Asia declined sharply. U.S. President Donald Trump said that the U.S. will impose tariffs of 25 percent for steel and 10 percent for aluminum. The dollar extended losses against the yen after BOJ ...
Asia-Pacific stocks rose Tuesday after Chinese President Xi Jinping pledged to significantly broaden market access this year. Xi's conciliatory message at the Boao Forum eased fears of a damaging trade war between the U.S. and China, fueling stock gains in the region as market players overcame earlier ...
Asian stocks closed mixed on Wednesday, with several regional markets giving up early gains after recent trade fears waned in the last session. ... Those comments, which allayed some fears of a U.S.-China trade war, boosted market sentiment in the last session, even though analysts said the measures ...
Asian markets closed sharply lower on Friday, tracking steep declines in U.S. and European stocks, which took a hit on fears of a potential trade war. ... Beyond trade tensions, the market was also weighed down by a 4.55 percent slide by 3:10 p.m. HK/SIN in index heavyweight Tencent due to a major ...
Asian stocks got off to a strong start to the week, with regional markets closing higher on Monday. ... Steel producers in Asia were in focus after U.S. President Donald Trump tweeted on Friday that he was working with Australian Prime Minister Malcolm Turnbull to ensure that Australia would not face U.S. ...
"We believe that steel products from South Korea, Japan, Vietnam, Thailand, South Africa, Australia, U.A.E. and Argentina are most at risk of displacement from the U.S. market," energy research firm Wood Mackenzie said in a note. "These countries are the least likely to be exempted from tariffs and their ...
The S&P/ASX 200 firmed 0.23 percent to end at 5,829.10. Hong Kong's Hang Seng Index drifted slightly higher by at 3:00 p.m. HK/SIN. The index was up 0.11 percent before the market close. Mainland markets finished the day lower: The Shanghai composite eased 0.65 percent to end at 3,159.39 and the ...
Asia markets closed lower on Monday as Chinese leaders headed to an annual parliament meeting while in Italy, no party emerged with a clear ... In Hong Kong, the Hang Seng index declined 1.42 percent by 3:00 p.m. HK/SIN, with large cap financials leading losses an hour before the market close.
Asia-Pacific stocks rose sharply Tuesday as opposition in Washington to planned U.S. tariffs on steel and aluminum grew. A lack of detail about the plans and pushback from some senior Republicans soothed investor nerves over the possibility of an escalation of trade protectionism. “Investors shrugged off ...
China avoided setting an explicit growth target for credit for the first time this century, said Hao Zhou, senior emerging markets economist for Asia at Commerzbank. This is also the first time ... “As such, we believe that the market has somewhat underpriced the downside risks for China's economy this year.”.
Asian stocks closed sharply higher on Tuesday as concerns over a potential trade war stemming from President Donald Trump's plan to implement tariffs on metals imports faded. Japan's ... Insurer AIA rose 3.2 percent and China Construction Bank tacked on 2.96 percent an hour before the market close.
Markets in Asia closed lower in choppy Wednesday trade following news of White House chief economic advisor Gary Cohn's resignation. The dollar ... in the day. Despite the broader sentiment in the market, heavyweight Samsung Electronics advanced 3.4 percent and SK Hynix edged up 0.36 percent.


 

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