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Asian stocks traded mostly in red on Wednesday following Wall Street’s first slump in eight days, losing streak after gold rallied to record high.Hong Kong’s HSI was down 287 points or 1%, reaching 26,669. Taiwan’s index also slipped down 129 points or 0.48%.Nikkei too traded in red, falling 31 points to 47,919 at 10 AM…
Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax cuts under the country’s soon-to-be first female prime minister.The Nikkei was trading up 0.3% to 48,098, following a nearly 5% surge on…
Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…
Asian stocks mostly rose on Friday, as investors ended the week on a positive note, with hopes of US interest rate cuts outweighing worries over a government shutdown.Japan’s Nikkei jumped 721 points or 1.6% reaching 45,675. Kospi also traded 2.7% higher, gaining 93 points to 3,549.Shanghai and Shenzhen also added 0.5% and 0.3% respectively.HSI, on…
Asian stocks jumped on Thursday, lifted by US job data reports that hinted at possible interest rate cuts, even as parts of the US government partially shut down.Japan’s Nikkei was up 359 points or 0.8%, trading at 44,910. Kospi gained 3% to each 3,562 while HSI surged 390 points reaching 27,245, at 10:00 AM IST….
Asian shares were mostly flat on Tuesday as investors stayed cautious ahead of a possible US government shutdown.HSI slipped 0.11% or 29 points reaching 26,593. South Korea’s Kospi also shed 0.06% or 1 point, trading at 3,429 at 10:45 AM IST.Meanwhile, Japan’s Nikkei gained 0.01% or 5 points to 45,049. Shanghai and Shenzhen also traded…
Representative image credits: AP Asian stocks dropped Wednesday following losses on Wall Street, as Federal Reserve chair Jerome Powell offered little clarity on future interest rates and US economic data fueled concerns about slowing growth.MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.4% in mid-morning trade. The S&P 500 fell 0.6% in the previous…
Asian markets traded mixed on Wednesday as investors turned their focus to the US Federal Reserve, which is widely expected to announce its first interest rate cut of the year. Japan’s Nikkei 225 rose 0.2% to 44,995.79 in morning trade. However, government data showed that Japanese exports to the US dropped 13.8% in August from…
