-
Asian Markets Surge, Dollar Rises Against Yuan, Yen, As US-China Deal Close To An End
Thursday, December 26, 2019 - 5:03am | 361The U.S. dollar traded up against the Japanese yen and the Chinese yuan on Thursday, as the governments of both countries that they are close to signing the first phase of the trade deal. Stock markets across Asia-Pacific also traded in green on Thursday. What Happened President Trump, on Tuesday,...
-
Asia Market Wrap: Stocks Mixed, Yuan Falls As US, China Reach Trade Deal
Monday, December 16, 2019 - 4:40am | 401Stock Markets in Asia remained mixed in trading on Monday, even as the U.S. and China confirmed phase one of their trade deal on Friday. What Happened U.S. Trade Representative Robert Lighthizer on Sunday told CNBC the trade deal between the two countries is "totally done" and will...
-
No Sunshine In The US Stock Markets
Wednesday, January 20, 2010 - 9:48am | 139Hurt by the staggering losses posted by Bank of America Corp (NYSE: BAC) and the Chinese clamping down on lending, US stock futures across the indexes slipped today. While futures at S&P 500 slipped 6.8 points to 1138.90, those at NASDAQ 100 dropped 11 points to 1878.70. Dow Jones Industrial...
-
Asian Stocks Shed, China Worries To Recover
Thursday, January 14, 2010 - 6:33am | 153Asia stocks recouped their losses on Thursday on subsiding concerns surrounding possible curbs on lending by China. New signs of Australia's economic recovery gathering momentum also boosted investor sentiments. There were modest gains on Wall Street yesterday, after a Federal Reserve report noted...
-
US Stock Futures Point To Lower Opening
Tuesday, January 12, 2010 - 8:39am | 125US Stock Futures tumbled after Alcoa (NYSE: AA) kicked off the earnings season with disappointing results. While S&P 500 futures fell 6.9 points to 1135.30, futures on the NASDAQ 100 slipped 11.75 points to 1872. The Dow Jones Industrial Average was no different, with futures on the index...
-
Asian Markets Lose Their Sparkle In Yearend
Wednesday, December 30, 2009 - 8:51am | 140Wednesday was marked by a decline in the Asian stock markets, which fell on low yearend trade volumes. Investors seem to be resorting to profit taking at the end of the year, especially with US economic data due next week. Moreover, concerns surrounding the bankruptcy of Japan Airlines affected...
-
Asian Markets Rally Post Christmas
Monday, December 28, 2009 - 11:53am | 144Markets seem to be in a cheerful mood post Christmas, with most Asian markets opening higher on Monday. Japan's Nikkei 225 jumped 1.3% to 10634.23, marking its strongest closing since late August, with Honda Motor (NYSE: HMC) and Tokyo Electron (OTC: TOELY.PK) leading the gains due to stable...
-
Stocks in Japan after Fears of Continued Deflation (8316, 8303, 9205, EWJ, PJO)
Tuesday, November 24, 2009 - 1:50am | 225With the rising deflation, banks are looking to sell more shares to cope with their decreasing capital. Because of this move from the banks, the Nikkei 225 Stock average lost 0.5% to 9,447.60 points. If this continues, it will mark the fifth straight day that the Nikkei has lost value. With Japan...