Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight
Asia's share markets struggled on Wednesday as US Treasury yields hit fresh two-year highs
The Fed in December flagged plans to tighten policy faster than expected in response, with a rate hike perhaps as soon as March
Powell is seeking a second four-year term as head of the Fed, and his appearance before the committee will be followed by a hearing with vice chair nominee Lael Brainard on Thursday
Cross-border investors purchased Asian equities worth a net $5.85 billion in South Korean, Taiwan, the Philippines, Vietnam, Indonesia, and India last month
HONG KONG (Reuters) - Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.
Asian stock markets were mixed Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Hong Kong retreated while Seoul gained. Markets in Japan, China and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent. It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. The Hang Seng in Hong Kong lost 0.3 per cent to 23,332.13 while Seoul's Kospi rose 0.3 per cent to 2,987.29. Singapore, Jakarta and Malaysia advanced. Thai markets were closed. Also Monday, Singapore's government announced its economy grew by 7.2 per cent last year, rebounding from the previous year's 5.4 per cent contraction. On Friday, the S&P 500 slipped 0.3 per cent to 4,766.18. The Dow Jones Industrial Average slid 0.2 per cent to ...
Asian share markets got off to a listless start as the spread of Omicron clouded what is the last trading day of the year for many exchanges around the globe
Asian stocks slipped on Wednesday, following a mixed Wall Street session as the region's investors positioned their portfolios for the new year
Asian stock markets were generally weaker with US crude in holiday-thinned trading on Monday
Asian share markets were broadly up on Wednesday as the risk appetite of global investors rises heading into year-end
HONG KONG (Reuters) -Asian shares advanced on Tuesday, shrugging off a bruising Wall Street session, as Chinese markets cheered Beijing's move to help troubled property firms, although surging cases of the Omicron coronavirus variant remain a worry for investors.
Asian stocks rose on Tuesday shrugging off a bruising Wall Street session
Asian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy. Shanghai, Tokyo, Hong Kong and Sydney retreated at the start of a trading week that will be shortened by the Christmas holiday. Wall Street fell Friday as traders took money off the table after the Fed indicated it would fight inflation by speeding up withdrawal of economic stimulus. The spread of the omicron variant has fueled fears that renewed curbs on business and travel might worsen supply chain disruptions and boost inflation. Omicron threatens to be the Grinch to rob Christmas, Mizuho Bank's Vishnu Varathan said in a report. The jury is out, which squares with a market that prefers safety to nasty surprises. The Shanghai Composite Index fell 0.5 per cent to 3,613.50 and the Nikkei 225 in Tokyo tumbled 1.7 per cent to 28,055.28. The Hang Seng in Hong Kong sank 0.9 per cent to 22,976.86. The Kospi in Seoul retreated 1.4 per cent to
A seasonal lack of liquidity made for a bumpy start and S&P 500 futures led the way with a 0.7% drop, while Nasdaq futures shed 0.6%.
Asian stocks followed Wall Street higher after US Federal Reserve said it would end bond-buying stimulus in March
Asian markets stood still on Wednesday as the world waited to hear from US Federal Reserve on when it would stop buying assets and start raising interest rates
Asian stocks and oil prices slipped on Tuesday as the spread of the Omicron coronavirus variant rattled investors who were already on edge ahead of a slew of central bank decisions this week
Asian stocks crept higher on Monday as investors prepared to tiptoe through a minefield of 17 central bank meetings this week
Asian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy