Category: World

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.53% to almost nine-month highs of 561.99. The index, which fell nearly 20% last year, is up about 11% in the month and is on course for its best ever January performance. Japan’s Nikkei rose 0.20%. Reuters January 27, 2023 / 07:36 AM IST Asian markets […]

While all three major U.S. stock indexes advanced, megacap momentum stocks, buoyed by Tesla Inc’s (TSLA.O) earnings beat and upbeat sales forecast, helped put the Nasdaq in the lead. Reuters January 27, 2023 / 06:05 AM IST Wall Street ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data […]

MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.9% to 557.65 and was set for its fifth straight day of gains. Reuters January 26, 2023 / 11:46 AM IST Asian markets Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets’ gains as trade resumed […]

MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.56% to 555.81. Hong Kong’s Hang Seng index was 1.6% higher. Reuters January 26, 2023 / 08:52 AM IST Asian markets Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets’ gains as trade resumed after its […]

All three major U.S. stock indexes pared their losses throughout the afternoon to close well off session lows, with the blue-chip Dow eking out a small gain in the final minutes. Reuters January 26, 2023 / 06:07 AM IST The broad-based S&P 500 climbed 0.3 percent to 3,909.00, while the tech-rich Nasdaq Composite Index jumped […]

A spate of NYSE-listed stocks were halted at the top of the session due to an apparent technical malfunction, which caused initial price confusion and prompted an investigation by the U.S. Securities and Exchange Commission (SEC). Reuters January 25, 2023 / 06:03 AM IST The broad-based S&P 500 climbed 0.3 percent to 3,909.00, while the […]

All three major stock indexes extended Friday’s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares (.SOX). Reuters January 24, 2023 / 05:59 AM IST Wall Street Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum […]

Wall Street U.S. stock indexes closed lower on Thursday after data pointing to a tight labor market renewed concerns the Federal Reserve will continue its aggressive path of rate hikes that could lead the economy into a recession. A report from the Labor Department showed weekly jobless claims were lower than expected, indicating the labor market remains […]

Asian markets Most Asian equity markets edged higher on Friday, while the U.S. dollar hung near its weakest level since May, with investors fretting about the risks of a global recession as the Federal Reserve presses on with interest rate increases. U.S. Treasury yields remained elevated in Tokyo after bouncing off four-month lows overnight. Japanese […]

Asian stock markets struggled to make headway on Thursday, after weak U.S. consumer data stoked recession worries and nudged investors toward safe assets such as bonds, while Japan’s yen rose as markets doubted the Bank of Japan’s policy commitments. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8% and benchmark 10-year U.S. Treasury yields, […]

Representative Image The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak economic data fueled recession worries while hawkish comments from Federal Reserve officials soured investor moods further. Before the market opened, U.S. economic data showed retail sales and producer prices declined more than expected in December, […]

The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage. The rise in Tesla Inc after the electric-vehicle maker’s January retail sales surged in China helped growth-oriented shares […]

Many Asia shares slipped on Tuesday after Beijing released weak fourth-quarter economic data, although investors’ expectations for a strong China rebound remained high even as the global economy edges closer to recession. MSCI’s gauge of Asia Pacific stocks outside Japan was down 0.34% at 0213 GMT, widening morning losses. China’s economy hit a bump in […]

The imposition of lockdowns during the covid-19 pandemic had one overarching aim: to prevent hospitals from being overwhelmed. Governments hoped to space out infections, buying time to build capacity. In the end, however, much of this extra capacity went unused. England’s seven “Nightingale” hospitals closed having received only a few patients, as did many of […]

Asian markets Asian shares edged higher on Monday as investors waited nervously to see whether the Bank of Japan (BOJ) would defend its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading. There were rumours the BOJ might hold an emergency meeting on Monday as […]

Pedestrians pass in front of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 9, 2022. US stocks declined following midterm elections that failed to yield a Republican sweep. Treasuries and the dollar caught bids in a sign of deteriorating risk sentiment. Photographer: Michael Nagle/Bloomberg The S&P 500 is technically still […]

The imposition of lockdowns during the covid-19 pandemic had one overarching aim: to prevent hospitals from being overwhelmed. Governments hoped to space out infections, buying time to build capacity. In the end, however, much of this extra capacity went unused. England’s seven “Nightingale” hospitals closed having received only a few patients, as did many of […]

Asian markets Asian shares started cautiously on Monday as investors waited nervously to see if the Bank of Japan (BOJ) will defend its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading. There were even rumours the BOJ might hold an emergency meeting on Monday […]

The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season. All three major indexes also registered strong gains for the week, leaving the S&P 500 up 4.2% so far in 2023, […]