Page 6 - Asian Shares

Asian shares sit at seven-month lows ahead of US Fed meeting verdict

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.35% in early trading

Asian stock markets decline to seven-month low amid China jitters

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.97% to its lowest level since December, having slid 2.45% the previous day.

Asia subdued by slow Covid-19 vaccinations, eye on factory surveys

Asian share markets were in a muted mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant

Asian shares dragged by Covid-19 vaccination lag, Wall Street fares better

sian share markets were in a mixed mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant

Asian shares and US Treasury yields rise as investors reassess rout

Asian shares and US Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic worries

Asian shares edge lower as investors look past upbeat tech earnings

Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment

Chinese economic data, rebound in tech stocks drive Asian shares higher

Asian shares headed for their best session in more than a fortnight on Tuesday after better than expected Chinese economic data and a rebound in China tech shares

Asian share markets open higher, but China tech worries weigh on Hong Kong

Chinese technology stocks remain under the microscope on Tuesday after the Cyberspace Administration of China ordered an investigation into Didi Global Holdings just days after it listed on NYSE

Asian shares rise after consumer confidence boosts Nasdaq to record high

Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in economic recovery boosted the Nasdaq index to its highest-ever closing level

Global shares edge lower on new Delta Covid-19 variant outbreaks in Asia

MSCI's all country world index, which tracks shares across 50 countries, fell 0.32 points or 0.04%, as declines in Asian equities undercut new highs in European and US markets

Asian shares pressured by fears over Delta virus variant, US data in focus

Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery

Asian shares start on cautious note amid spike in coronavirus cases

Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment

Asian shares up as US infrastructure bill lifts S&P to a record high

SHANGHAI (Reuters) - Asian shares rose on Friday, tracking gains on Wall Street overnight that lifted the Nasdaq and the S&P 500 indexes to record highs after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.

Asian markets skid on jitters over future US Federal Reserve action

Asian markets skidded on Monday, with Japan's Nikkei 225 index down 3.4%, after a sell-off Friday on Wall Street gave the S&P 500 its worst weekly loss since February. Investors are still recalibrating their moves after the Federal Reserve's signal last week that it may raise current ultra-low rates sooner than had been expected. That gave the Dow Jones Industrial Average its worst weekly loss since last October. Part of the Fed's mission is to keep prices under control. The fear is that burgeoning inflation may prompt central banks to dial back the lavish support that has lifted markets to new highs after they plunged at the onset of the coronavirus pandemic last year. Until its latest policy meeting, last week, the Fed had indicated it viewed recent price hikes as transient and would let the recovering economy run hot. Now it's forecasting raising interest rates twice in 2023. The shift to an earlier timeline for a rate hike, accompanied with an upward revision in core inflation

Asian shares mostly rise as markets digest US Fed's rate signals

Asian shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on raising short-term interest rates by late 2023. Japan's benchmark lost earlier gains and inched down less than 0.1% in afternoon trading to 29,009.75. South Korea's Kospi edged 0.2% higher to 3,272.42. Australia's S&P/ASX 200 rose 0.1% to 7,368.90. Hong Kong's Hang Seng jumped 0.7% to 28,769.94, while the Shanghai Composite gained 0.1% to 3,530.32. The Bank of Japan kept its ultra-lax monetary policy intact, as investors had expected. Wrapping up a two-day meeting, the central bank also extended by six months, until March 2022, a lending program to help companies weather the pandemic. Japan's economy has picked up as a trend, although it has remained in a severe situation due to the impact of COVID-19 at home and abroad, the Bank of Japan said in a statement. The Fed's comments came Wednesday, and global markets had already initially reacted Thursday. But comments about the ..

Asian shares mixed in quiet trading ahead of US Federal Reserve decision

Asian shares were mixed in quiet trading Wednesday ahead of a US Federal Reserve meeting that may give clues on what lies ahead with its massive support for markets. Japan released data that showed its trade surplus jumped 49.6 per cent in May from the previous year, but analysts said that was less than expected and highlights how the world's third largest economy and its exports may be only slowly recovering from the pandemic. Investors are also watching data out of China on industrial production and retail sales for indications about the health of the regional economy. Japan's Nikkei 225 slipped nearly 0.3 per cent in early trading to 29,359.31. South Korea's Kospi rose 0.4 per cent to 3,272.11. Australia's S&P/ASX 200 gained 0.3 per cent to 7,403.40. Hong Kong's Hang Seng inched down 0.1 per cent to 28,603.84, while the Shanghai Composite was little changed, inching up less than 0.1 per cent to 3,557.48. Asian markets are quiet ahead of the Fed, said Robert Carnell, regional ...

Asian shares mixed after United States' inflation jumps 5% in May

Shares were mostly higher in Asia on Friday after the S&P 500 index notched another record high despite a surge in US consumer prices in May. Shanghai fell, Tokyo was nearly unchanged, while shares rose in Hong Kong, Seoul and Sydney. US futures were marginally lower. On Thursday, Wall Street logged gains while bond yields mostly fell despite the much-anticipated report showing consumer prices rose 5 per cent in May, the biggest year-over-year increase since 2008 and more than economists had expected. Investors also reacted positively to more data that showed continued improvement in the labour market. The worry is that if signs of inflation persist, central banks may move to withdraw stimulus from the economy to ease price pressures. But investors are still buying into the Federal Reserve's stance that the current bout of inflation is transitory, said Jeffrey Halley of OANDA. Financial markets have long raised a selective use of facts to an art form," Halley said in a ...

Asia stocks up, US bond yields dip to 3-month low as inflation fears ease

US bond yields dipped to three-month lows and a broad gauge of Asian shares rose on Friday as investors looked past rising US consumer prices

Asian companies witness biggest earnings upgrade in six months

Analysts lifted their forecasts for Asian companies' forward 12-month earnings by 3.9% in May

Asian shares slip, dragged lower by decline in tech stocks on Wall Street

Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose in Sydney. Traders are awaiting the US government's latest monthly jobs report, expected later Friday. Unemployment data announced Thursday was encouraging. But while an improved jobs market suggests the economy is gaining momentum after the pandemic, investors are keeping a close eye on signs of inflation, which especially hurts the tech sector. The benchmark S&P 500 index dropped 0.4 per cent on Thursday and is on track for a 0.3 per cent weekly loss. Japan's benchmark Nikkei 225 slipped 0.4 per cent to 28,937.79. South Korea's Kospi lost 0.3 per cent to 3,238.40, while Australia's S&P/ASX 200 rose 0.5 per cent to 7,295.40. Hong Kong's Hang Seng fell 0.3 per cent to 28,873.65 and the Shanghai Composite edged 0.1 per cent lower, to 3,581.55. Asian markets will likely be in a holding pattern on Friday, Prakash ...