Tag: asian stocks
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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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Asian stocks rise as US inflation data dents September Fed hike bets
TOKYO, Aug 13 : Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.MSCI’s broadest index of Asia-Pa
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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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Asian stocks sink, bonds struggle as oil spike stokes rate risks
SYDNEY, July 24 : Asian shares sank on Friday as a near 40 per cent rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling bond markets and stoking rate hike expectations globally. European bourses, however, are headed for a steady open after losses a day
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Asian stocks skid as oil spike revives inflation fears, bonds take a hit
SYDNEY, July 24 : Asian shares fell on Friday as oil prices stormed back above $100 a barrel amid an intensifying conflict in the Gulf, rattling bond markets and reviving fears of a fresh inflation shock.Brent crude held at $100.85 a barrel, after surging 7 per cent overnight to a two-month high of $102 as…
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Asian stocks unable to track Wall St higher, yen holds at 40-year low
HONG KONG: Tech firms bounced back in Asia on Tuesday (Jun 30), tracking a rebound in their counterparts on Wall Street following the hefty selling of the past two weeks, while the yen held around a four-decade low against the dollar.With optimism that the US-Iran crisis will eventually come to an end and the
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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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Asian stocks wobble after tech-led selloff, volatility risk highlighted
South Korean shares, which plunged 10 per cent on Tuesday in their sharpest one-day drop since March, jumped 2.2 per cent, while Japan’s Nikkei was swinging between gains and losses, last down 0.8 per cent.
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Asian stocks gain, oil slips as Iran talks progress
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded an
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Asian stocks track Wall Street tech bounce, oil eases on Middle East hope
The gains across most equity markets followed a rebound on Wall Street, fuelled by a race to pick up cheaper assets following a sell-off sparked by bets on a US interest rate hike and warnings over tech firms’ valuations.
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