Page 9 - Asian Markets

Jack Ma's Ant builds policy, govt relations team for push in Asian markets

Staff of just under 10 staff to prioritise markets in Southeast Asia, Hong Kong, and Macau; Europe will be target as well.

Asia shares off three-month highs, caution ahead of US economic data

Asian shares were a touch below a recent three-month top with China a tad weaker as investors weighed inflation concerns ahead of key US economic data while oil prices rose to near 1-1/2 year highs

Nomura remains overweight on India; Infosys, RIL, ICICI Bank among top bets

Going ahead, Nomura said, markets will focus more on corporate earnings rather than the broad economic growth in India

Asian shares rise to 3-month high as US data bolsters reopening hopes

Investors will be watching US jobs data due Friday for clues to the Fed's plans for policy in the coming weeks and months

Oil prices fall on rising Covid-19 infections in Asia, inflation fears

Brent crude futures fell 85 cents, or 1.2 per cent, to $67.86 a barrel at 1005 GMT. It settled 1.1 per cent lower on Tuesday after briefly climbing above $70 earlier in the session

Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000

Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day

Asia shares, bruised over US inflation scare, counting on calm Fed

Japan's Nikkei fell 2.0 per cent and touched its lowest since early January, while Chinese blue chips lost 0.9 per cent

Asian shares advance after strong finish on Wall Street last week

Shares opened higher in Asia on Monday after a strong finish last week on Wall Street. Tokyo, Hong Kong, Seoul and Shanghai all started out with modest gains and U.S. futures also edged higher. Oil prices slipped. Stocks climbed Friday in New York, though the S&P 500 still ended with its first weekly loss in the last five. Technology stocks and banks led much of the gains, while investors focused on lackluster company earnings from big names like Intel, American Express and Honeywell. So far, Asian markets have taken in stride recent setbacks in vanquishing the pandemic as infections have come roaring back in Japan, Thailand and India, among other countries. Government precautions to battle surging outbreaks point to an uneven global recovery, economists say. That's especially true for tourism, an important industry for many parts of the region. Tokyo's Nikkei 225 added 0.3% to 29,120.12 and the Hang Seng in Hong Kong edged less than 0.1% higher to 29,093.33. In Seoul, the Kospi .

As Europe's Super League project dies, hopes of Asian riches fade

The deal's longer-term appeal, analysts said, was the opportunity to expand deeper into some of their fast-growing markets in Asia.

Asia stocks dip with US futures amid rising Covid-19 cases; dollar edges up

Markets in China and Hong Kong lagged, despite a rally in Alibaba Group Holding after the weekend announcement of a record antitrust fine removed a regulatory overhang

Record-setting $49 billion Asia IPO boom likely to taper off, shows data

Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets

Asian indices climb after S&P 500 high as investors look past virus trends

US equity futures edged up after the S&P 500 closed above 4,000 for the first time

Asian trading mixed after Fed announces end to emergency measures

In Asian trading, Japan's benchmark Nikkei 225 dropped 2.1 per cent in afternoon trading to 29,174.15. South Korea's Kospi lost 0.1 per cent

Asian stocks up as Joe Biden signs stimulus; lower yields boost tech

MSCI's broadest gauge index of Asia-Pacific shares outside Japan gained 0.45% on Friday morning, supported by tech gains

Asian stocks set for gains over firm lead from Wall Street, bond yields dip

Japan's Nikkei 225 futures added 0.62per cent and Hong Kong's Hang Seng index futures rose 0.55per cent

Japanese Yen near seven-month low, Asian shares fall as bond yields rise

The Japanese yen hit a seven-month low on the dollar on Thursday as hopes that vaccine distribution and more government stimulus will drive the US economy into a solid rebound

Stocks advanced in Asian markets despite Wall Street shedding gains

Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier. Hong Kong led the advance, gaining 1.7 per cent. Tokyo, Seoul, Shanghai and Sydney also were higher. Investors have taken heart from an easing in bond prices that has alleviated worries over possible interest rate hikes. Bond yields have eased and the yield on the 10-year Treasury inched down to 1.40 per cent early Wednesday. But expectations for stronger economic growth in coming months continue to fuel worries that interest rates will head higher. It feels like we are in the eye of the storm," Stephen Innes of Axi said in a commentary. Investors have recently focused on selling high-priced technology shares but are also watching for policy changes as President Joe Biden's USD 1.9 billion stimulus package heads into the Senate after narrowly passing in the House. How much overheating and inflation will the Biden fiscal stimulus generate remains

Asian shares nudge higher as investors shrug concerns, dollar soft

Wall Street had retreated overnight after beginning March with a bang, with the S&P 500 staging its best one-day rally in nine months on Monday

Sensex reclaims 50,000, Nifty up over 1%; auto and IT stocks shine

Though some Asian markets pared gains after China's top banking regulator raised concerns over asset bubbles, the Indian markets outperformed

Asian shares rise as risk assets shine, Australian central bank eyed

Demand for riskier assets did not slug the dollar, usually regarded as a safe-haven currency