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Page 2 - Asian Stocks

Dollar towering, Asian stocks cowering as Fed interest rates jump higher

The dollar surged to a fresh two-decade high and Asian stocks hit a two-year low on Thursday as the prospect of U.S. interest rates rising further and faster than expected spooked investors

Dollar towering, Asian stocks cowering as Fed interest rates jump higher
Updated On : 22 Sep 2022 | 9:30 AM IST

Asian stocks fall after US economic data, disappointing China trade numbers

China's exports growth slowed in August, as surging inflation crimped overseas demand and fresh COVID curbs and heatwaves disrupted production, reviving downside risks for the economy

Asian stocks fall after US economic data, disappointing China trade numbers
Updated On : 07 Sep 2022 | 12:39 PM IST

Traders find haven from global stock gloom in Southeast Asian markets

The growing bullish chorus points to a reopening of Southeast Asia that's bringing back a swarm of tourists, as well as booming domestic demand that's helping shield it from a global slump

Traders find haven from global stock gloom in Southeast Asian markets
Updated On : 04 Sep 2022 | 8:13 AM IST

Asian stocks follow Wall Street lower after US jobs data signals rate hikes

Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fuelled expectations of further interest rate hikes and Chinese manufacturing activity weakened. Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose more than USD 1 per barrel. U.S. government data Tuesday that showed there were two jobs for every unemployed person in July appeared to support arguments the economy can tolerate more rate hikes to tame inflation that is running at multi-decade highs. Some investors had hoped the Federal Reserve would back off due to indications economic activity is cooling. The jobs data supported the argument for the Fed to stick to an aggressive stance, said Edward Moya of Oanda in a report. The Shanghai Composite Index fell 1.1% to 3,191.00 after an index of manufacturing showed activity contracted again in August. The Nikkei 225 in Tokyo shed 0.5% to 28,063.06 and the Hang Seng in Hong Kong sank 0.4% to 19,867.17. The Kospi in South Korea gained 0.7% to ..

Asian stocks follow Wall Street lower after US jobs data signals rate hikes
Updated On : 31 Aug 2022 | 1:35 PM IST

Europe's energy concerns drag euro to 20-year low, stokes recession fears

"No surprise then to see the USD at near multi-decade highs against a falling EUR and GBP."

Europe's energy concerns drag euro to 20-year low, stokes recession fears
Updated On : 23 Aug 2022 | 9:25 AM IST

Asian market's dry spell leaves India's credit with worst streak in 13 yrs

No deals in excess of $100 million concluded in the week ending Aug 19, after just $453 million the week before

Asian market's dry spell leaves India's credit with worst streak in 13 yrs
Updated On : 19 Aug 2022 | 12:53 PM IST

Asia stocks wobble as focus turns to US inflation data, aggressive Fed hike

The unexpectedly strong US jobs data on Friday have raised the stakes for the July US consumer prices report due on Wednesday, especially for the Fed's policy outlook

Asia stocks wobble as focus turns to US inflation data, aggressive Fed hike
Updated On : 09 Aug 2022 | 10:02 AM IST

Asian stocks mixed after US job gain paves way for interest rate hike

Asian stocks were mixed on Monday after strong US jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits. Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher. Wall Street's benchmark S&P 500 lost 0.2 per cent on Friday after government data showed American employers added more jobs than expected in June. That undercut expectations a slowing economy might prompt the Fed to postpone or scale back plans for more rate hikes to cool inflation. Now it seems they will be debating whether they need to be even more aggressive, Edward Moya of Oanda said in a report. The Shanghai Composite Index shed less than 0.1 per cent to 3,226.04 after China's July exports rose 18 per cent, beating forecasts. The Hang Seng in Hong Kong fell 0.7 per cent to 20,055.39 while the Nikkei 225 in Tokyo gained 0.2 per cent to 28,241.09. The Kospi in Seoul declined 0.3 per cent to 2,482.32 and Sydney's S&P-ASX 200 shed .

Asian stocks mixed after US job gain paves way for interest rate hike
Updated On : 08 Aug 2022 | 10:58 AM IST

Asian stocks shuffle higher as Pelosi presses on amid tension with China

Hong Kong tech shares led the attempted rebound with a gain of 2.8%, reeling in some of the losses suffered as Sino-US frictions flared over a visit to Taipei this week by Nancy Pelosi

Asian stocks shuffle higher as Pelosi presses on amid tension with China
Updated On : 04 Aug 2022 | 12:34 PM IST

Emerging Asian equities see first monthly inflows in seven months

(Reuters) - Emerging Asian equities ex-China saw monthly foreign inflows in July, after six months of capital withdrawals, as investors bet that the size of U.S. interest rate hikes would ease, and that a recent drop in commodity prices would temper surging inflation.

Emerging Asian equities see first monthly inflows in seven months
Updated On : 03 Aug 2022 | 4:03 PM IST

Asian stocks slide with oil on recession jitters; dollar drops against yen

Asia stocks continued a decline from Wall Street, and US long-term Treasury yields sank to a four-month low, pulling dollar down against the yen

Asian stocks slide with oil on recession jitters; dollar drops against yen
Updated On : 02 Aug 2022 | 8:54 AM IST

Asian stocks rally as markets focus on more gradual pace of rate hikes

Economists are debating whether the world's biggest economy (US) is already in or on the verge of a recession, as it battles its highest inflation in four decades and gross domestic product shrinks

Asian stocks rally as markets focus on more gradual pace of rate hikes
Updated On : 29 Jul 2022 | 9:13 AM IST

Asian stocks wobble on Walmart warning, looming US Fed rate hike

MSCI's broadest gauge of Asia stocks outside Japan meandered just above flat. Japan's Nikkei fell 0.2% and S&P 500 futures were down 0.4%

Asian stocks wobble on Walmart warning, looming US Fed rate hike
Updated On : 26 Jul 2022 | 9:28 AM IST

Stocks stumble, dollar steadfast as weak China hardens growth worries

China's economy contracted sharply in the second quarter data released on Friday showed, while annual growth also slowed significantly

Stocks stumble, dollar steadfast as weak China hardens growth worries
Updated On : 15 Jul 2022 | 10:26 AM IST

Japan shares rise after ruling LDP wins election, rest of region declines

Japan's benchmark Nikkei jumped 1.1 per cent in morning trading to 26,803.30

Japan shares rise after ruling LDP wins election, rest of region declines
Updated On : 11 Jul 2022 | 12:20 PM IST

Asian stocks track Wall Street gains as fears of economic slowdown cool

Japan's Nikkei index was up 1.23% at 26,817.24 in morning trade, its highest mark since June 29th

Asian stocks track Wall Street gains as fears of economic slowdown cool
Updated On : 08 Jul 2022 | 9:19 AM IST

Asian stocks outside China see greater outflow than previous market crises

Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterised by systemic stresses since 2007

Asian stocks outside China see greater outflow than previous market crises
Updated On : 05 Jul 2022 | 12:27 AM IST

Asian stocks fall in early trade amid concerns over recession, oil prices

Chinese blue chips which hit a four week high the day before, lost 0.6% while the Hong Kong benchmark fell 1.3%

Asian stocks fall in early trade amid concerns over recession, oil prices
Updated On : 29 Jun 2022 | 9:57 AM IST

Asian stocks edge down in early trade after Wall Street falls; oil rise

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.7%. The index is down 3.8% so far this month. U.S. stock futures, the S&P 500 e-minis, were up 0.27%

Asian stocks edge down in early trade after Wall Street falls; oil rise
Updated On : 28 Jun 2022 | 10:23 AM IST

S. Korean pop band BTS triggers $1.7-bn stock rout on shift to solos

Hybe sank as much as 28% on Wednesday in Seoul, touching its lowest level on record since its trading debut in October 2020 and wiping out as much as $1.7 billion in market value

S. Korean pop band BTS triggers $1.7-bn stock rout on shift to solos
Updated On : 16 Jun 2022 | 2:39 AM IST