Tag: asian shares
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Asian shares fall as Alphabet earnings miss drags Wall St futures lower
SYDNEY: Asian shares gave up earlier gains on Thursday (Oct 29) as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for Amazon and Intel results due later in the day.Hefty cash burn from Alphabet sent its shares 10 per cent lower in after-hours trading, wiping nearly US$40
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Asian shares make cautious start, Brent eases from six-month high
SYDNEY, Oct 26 : Share markets got off to a cautious start on Monday as oil eased from six-month highs ahead of a week packed with central bank meetings and company earnings that will further test investor confidence in the AI boom.Brent oil slipped 1.0 per cent to $115.48 amid reports Qatari mediators were i
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Asian shares tumble, oil rises as markets await AI sector results
TOKYO, Oct 20 : Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled demand for safe-haven assets. Crude prices resumed their climb as markets weighe
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Asian shares track Wall Street higher, Treasury yields near multi-decade highs
SYDNEY, Oct 6 : Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.The euro languished near 17-month lows after briefly touching $1.116 overnight
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Asian shares climb ahead of US jobs data, Fed’s Waller soothes bonds
SYDNEY, Sept 4 : Asian shares rose on Friday as investors embraced a global rally before crucial U.S. jobs data, while bonds found some much needed relief after a top Federal Reserve official cooled rate hike fears and dragged the dollar lower.The dollar’s retreat turbocharged a rally in the yen, which has ga
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Asian shares slip as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in the fracti
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Asian shares fall as Apple’s price hikes dents tech optimism
SYDNEY, June 26 : Asian shares eased from record highs on Friday as hefty price hikes from Apple showed the downside of the boom in chip demand, while only the threat of Japanese intervention kept the yen from hitting 40-year lows. Brent crude futures slipped 0.5 per cent to $74.89 a barrel, having bounced 2
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