Tag: Asian markets
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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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Asia stocks up as chip stocks recover, oil eases
US technology stocks advanced on Monday and this was mirrored in Asian trade.
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Seoul leads Asian stocks higher as US inflation eases rate fears
Asian stocks enjoyed a much-needed rally following a painful selloff in recent weeks as tech firms were battered by concerns over extended valuations and the vast sums invested in artificial intelligence.
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Asian markets rise as beaten tech stocks enjoy respite from selling
Oil prices edged up but held recent losses fuelled by increased traffic through the Strait of Hormuz and on hopes for progress in US-Iran talks.
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Asian shares fall as chipmakers drag; US jobs data looms
SYDNEY: Asian shares skidded on Thursday (Jul 2) as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for US jobs data that could gives hints about the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude off 0.8 per cent to US$
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Asian stocks mixed and oil rises as US, Iran call end to latest attacks
Equity markets fluctuated, with Hong Kong, Manila, Sydney, Taipei and Wellington up but Jakarta, Seoul, Shanghai, Singapore and Tokyo down.
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