Tag: Asian markets
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Stocks sink, yields at multi-decade highs and oil spikes on Mideast flare-up
Markets across Asia were down, with tech firms – which rely on low borrowing rates to fuel their investments – dragging Tokyo and Seoul.
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
HONG KONG: Asian stocks fluctuated on Tuesday (Aug 25) while oil edged up as investors assess a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead o
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Asian markets extend rally as traders assess US Treasuries pledge
HONG KONG: Asian stocks edged higher on Friday (Aug 21) as investors assessed the US Treasury’s move to push down long-term bond yields, while analysts warned that alone would not be enough to keep borrowing costs from spiking.Treasury Secretary Scott Bessent’s pledge that he had more tools to provide support
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Asian stocks rally as US Treasury steps in to ease bond fears
HONG KONG: Asian markets rallied on Thursday (Aug 20) after the US Treasury said it would “at least double” the amount of long-term bonds to push down borrowing costs, after they surged this week to near two-decade highs.The surprise move provided a much-needed shot in the arm for investors worried about a sp
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Bond yields jump, oil extends gains as US-Iran ceasefire expires
SINGAPORE: Bond yields climbed on Tuesday (Aug 18) to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and T
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Oil prices rise, Asia stocks drift amid US-Iran stalemate
Brent crude futures edged up to hit US$88 per barrel and US crude futures ticked up to US$82.45, both the highest levels since Jul 31, after the contracts rallied roughly 5 per cent on Monday.
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Stocks mixed with tech firms back under pressure
HONG KONG: Most Asian markets were mixed on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering artificial intelligence worries, while oil edged up even as Iran said it was
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Asian stocks mostly down with tech firms back under pressure
HONG KONG: Most Asian markets sank on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over
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Asia shares climb as tech mood swings, oil retreats
SYDNEY: Asian stock markets jumped on Wednesday (Aug 5) as robust earnings and renewed appetite for tech propelled Wall Street to record highs, while hopes for progress on opening the Strait of Hormuz pushed down on oil prices and bond yields.Japan’s Nikkei climbed 3.0 per cent and South Korea added 4.1 per c
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