Tag: futures
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Tech leads shares higher in Asia as oil slips
SYDNEY, Sept 21 : Share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.Trade was thin with Japan on its Silver Week holida
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Tech leads shares higher in Asia, oil eases
SYDNEY, Sept 21 : Share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased as hopes Saudi Arabia could boost supplies offset news of a Houthi attack on Riyadh.Trade was thin with Japan on its Silver Week holiday through to Wednesday, leaving the dollar s
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Shares skid in Asia as oil rises, rate hikes loom
SYDNEY: Share markets slid in Asia on Monday (Sep 14) as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and
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Asia shares bounce, others cautious as oil rises
SYDNEY: Asian shares rallied on Monday (Sep 7) as the robust US jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the US and Iran attacked ships in the Gulf.Tehran said it will announce a restricted zone outside…
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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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Shares unsettled as oil climbs, earnings loom for AI
SYDNEY, July 20 : Shares slipped with bonds on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the artificial intelligence trade.Brent crude climbed above $90 a barrel for the first ti
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Asia shares shaky as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets slipped on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed above $90 a barrel for the first time in more than…
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Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed 3 per cent to cross $90 a barrel for the…
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Shares skid in Asia as oil climbs on Gulf conflict
SYDNEY, July 13 : Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates
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Asia shares sputter as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets sputtered on Monday as caution took hold ahead of a crucial earnings season for the AI 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 fractious U.S.-Iran pea
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