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Tag Archives: Asian stocks

Asian stocks decline as oil plunge, Japan’s Nikkei 225 slips 0.9%, Hang Seng falls 1.1%

TOKYO: Asian stocks declined on Thursday after plunging oil value and the Federal Reserve’s reminder it is still on track to increase interest rates this year led to a miserable day on Wall Street. The release of weaker-than-expected retail sales figures in Japan was another reason for gloom. Japan’s Nikkei 225 slipped 0.9 percent to 17,644.31 and Hong Kong’s Hang ... Read More »

Asian stocks decline as oil plunge, Japan’s Nikkei 225 slips 0.9%, Hang Seng falls 1.1%

TOKYO: Asian stocks declined on Thursday after plunging oil value and the Federal Reserve’s reminder it is still on track to increase interest rates this year led to a miserable day on Wall Street. The release of weaker-than-expected retail sales figures in Japan was another reason for gloom. Japan’s Nikkei 225 slipped 0.9 percent to 17,644.31 and Hong Kong’s Hang ... Read More »

Asian stocks mostly lower as US stocks fall; Shanghai Composite drops 1.4%, Hang Seng sheds 0.3pc

TOKYO: Asian stocks were mostly lower on Wednesday as Wall Street declined on worry about poor corporate wages while financiers looked this week’s meeting of the U.S. Federal Reserve. The Shanghai Composite Index tumbled 1.4 percent to 3,306.56 and Hong Kong’s Hang Seng shed 0.3 percent to 24,734.20. Tokyo’s Nikkei 225 lost 0.1 percent to 17,742.14 and Seoul’s Kospi also ... Read More »

Asian stocks hit new highs in early move, Nikkei jumps 1.4%, ASX adds 0.6pc

TOKYO: Asian stocks hit new highs in early trade Tuesday after a relatively inspirational handover from Wall Street overnight. US stocks closed higher on Monday as shareholders mulled results from Greek elections and winter weather on the East Coast. The Nasdaq Composite and S&P 500 added 0.3 percent each, while the Dow Jones Industrial Average finished little changed. Meanwhile, the ... Read More »

Asian stocks decline as yen climbs against euro, Asia Pacific Index slides 0.4%

TOKYO: Asian stocks tumbled as the yen strengthened against the euro. The MSCI Asia Pacific Index (MXAP) slid 0.4 percent to 140.59 as of 9:01 a.m. in Tokyo, after climbing to a two-month high on Friday. Syriza party leader Alexis Tsipras said Greece’s era of bowing to international creditors is over after Prime Minister Antonis Samaras conceded defeat in elections ... Read More »

Asian stocks rise as euro plunges, Asia Pacific climbs 0.6pc

HONG KONG: Asian stocks ascended as the euro toughed to 11-year low after the European Central Bank extended its bond-buying program. Oil soared after Saudi Arabia’s King Abdullah died. The MSCI Asia Pacific Index climbed 0.6 percent by 11 a.m. in Tokyo, heading for the highest close since Dec. 4. Hong Kong stocks led gains as a survey unexpectedly showed ... Read More »

Asian stocks take positive start; Hang Seng jumps 1.2%, S&P 200 increases 1.4pc

HONG KONG: Most Asian stocks climbed Wednesday as shareholders expected European policymakers would soon lift more stimulus whereas Chinese stocks expanded their rebound following a steep fall at the start of the week. Hong Kong’s Hang Seng jumped 1.2 percent to 24,244.66 and China’s Shanghai Composite Index leapt 2 percent to 3,236.47. Australia’s S&P/ASX 200 zoomed 1.4 percent higher to ... Read More »

Asian stocks rise as Shanghai rebounds, Nikkei 225 climbs 1.5pc, Hang Seng up 0.6%

TOKYO: Asian stocks jumped on Tuesday, and Shanghai bounced back from a spectacular dive the day before, after China’s monetary slowdown in the fourth quarter wasn’t as sharp as alarmed. China’s Shanghai Composite was up 2.1 percent at 3,180.76 after plunging 7.7 percent on Monday in reaction to a regulatory clampdown on brokerages financing the stock purchases of investors. Japan’s ... Read More »

Asian stocks rise, Asia Pacific gains 0.4%, Japan’s Nikkei 225 adds 0.74%

TOKYO: Asian stocks increased on Monday in early trade, led by materials companies, after oil bounced back and US consumer confidence soared to an 11-year high. The MSCI Asia Pacific Index gained 0.4% to 138 as of 11:45 a.m. in Tokyo. Japan’s Nikkei Stock Average 225 added 0.74%. Australia’s S&P/ASX 200 Index rose 1%. New Zealand’s NZX 50 Index advanced ... Read More »

Asian stocks on the rise: Japan’s Nikkei 225 jumps 1.5pc, Hang Seng adds 0.1%

TOKYO: Asian stocks mostly climbed on Thursday as oil prices stabled after a sequence of fall but gains were uneven amid uncertainty about the global monetary view. Japan’s Nikkei 225 jumped 1.5 percent to 17,041.82, getting back above the psychologically key 17,000 point level again as the yen weakened. Hong Kong’s Hang Seng added 0.1 percent to 24,140.57 while South ... Read More »

Lower trading at Asian stocks due to continue turmoil in commodity markets

TOKYO: Asian stocks traded largely lower late Wednesday as a continued turmoil in commodity markets ignited “risk-off” sentiment. Overnight, U.S. stocks settled modestly lower, reversing earlier gains of over 1 percent as materials and energy shares fell on lower commodity prices. Oil hit a near six-year low on Tuesday, extending losses after trading lower for seven straight weeks. U.S. crude ... Read More »

Asian stocks slip as oil prices fall, Nikkei drops 1.4pc, Australian stocks down 0.9%

TOKYO: Asian stocks dipped on Tuesday as an ongoing slip in crude oil value dampened risk appetite, as the dollar nursed losses versus the safe-haven yen. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent. Japan’s Nikkei dropped 1.4 percent and Australian shares were down 0.9 percent. The region’s focus was on Chinese trade data due at 9 ... Read More »

Dollar skids to 1 month low against yen

TOKYO: The dollar dipped to its lowly level versus the yen in a month on Tuesday, as Treasury yields tumbled on enlarged insists for safe-haven property against a background of sinking oil value. The dollar fell about 0.5 percent against the yen to 117.83 , as markets in Tokyo reopened after Monday’s public holiday. It earlier touched 117.74 yen, its ... Read More »

Dollar, Asian stocks fall makes way for interest rates

NEW YORK: The dollar decline and most Asian stocks drop after an unexpected fall in US wages clouded the view for interest rates, whereas crude oil’s crisis fuelled concern over inflation. Australian bonds climbed with silver. The Bloomberg Dollar Spot Index fell a second day, losing 0.2 per cent by 9:59 a.m. in Tokyo as the greenback weakened versus the ... Read More »

Asian stocks start lower but Hong Kong gains

JAKARTA: Asian stock markets were broadly lower on Monday, with the exemption of Hong Kong, taking signals from a worst end on Wall Street previous week after December’s non-farm payrolls statement gave a mixed outlook of the economy. U.S. stocks closed lower on Friday, pulling benchmarks back into the red for the year, as the December jobs report topped expectations ... Read More »

Asian stocks gain after upbeat US data, Hang Seng adds 0.6pc, Japan’s Nikkei 225 climbs 1.7%

TOKYO: Asian stocks mostly surged on Thursday, boosted up by positive monetary report from the U.S. and stability in oil value after sharp falls. It was the second day of gains for stock markets this week after a torrid start to the year dominated by doubts about the strength of the global economy. Japan’s Nikkei 225 rose 1.7 percent to ... Read More »

Asian stocks decline, Tokyo’s Nikkei 225 adds 0.5pc, Hang Seng surges 0.1%

SEOUL: Asian stocks declined on Wednesday as growth was tempered by fear about the fall in oil value and renewed doubts about Greece’s membership of the euro currency bloc. Tokyo’s Nikkei 225 added 0.5 percent to 16,974.61 and Seoul’s Kospi edged up 0.2 percent to 1,885.21. Hong Kong’s Hang Seng added 0.1 percent to 23,509.91. The Shanghai Composite Index rose ... Read More »

Asian stocks decline as Tokyo stocks tumble 2.4pc, Hang Seng shed 0.8%

TOKYO: Asian stocks plunged as oil prices declined for a second day Tuesday and Greece’s European currency union concerns about the outlook for global growth fueled anxiety. Tokyo’s Nikkei 225 tumbled 2.4 percent to 16,990.52 and Seoul’s Kospi fell 1.4 percent to 1,889.70. Hong Kong’s Hang Seng shed 0.8 percent to 23,533.81 while China’s Shanghai Composite was up 1 percent ... Read More »

Asian stocks mixed, Tokyo stocks slip 0.68pc, Hong Kong sheds 0.70%

HONG KONG: Asian stocks were mixed on Monday while the first full week of 2015 got under way, as the euro plunges a nine-year low versus the US dollar at one point on rising hopes of new European Central Bank stimulus. Oil extended its losses to sit at five-and-a-half-year lows due to signs of further weakening in the eurozone economy, ... Read More »

Asian stocks mixed in limited trade, Hong Kong climbs 0.44%, Sydney slips 0.10pc

HONG KONG: Asian markets were mixed in limited trade Wednesday as shareholders remained cautious on the final day of the year, whereas worries about Greece’s political slump reserved the dollar and euro under pressure versus the yen. There was little reaction to confirmation from HSBC that its index of China’s manufacturing activity had contracted in December. Hong Kong rose 0.44 ... Read More »