Shares gain in Asia after China relaxes more COVID rules
2 years ago

Shares gain in Asia after China relaxes more COVID rules

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares advanced Tuesday in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. Solid U.S. consumer spending and a strong jobs market have kept the economy growing, but they also raise the risk that the Federal Reserve will need to persist in raising interest rates and keeping them high to crush inflation. In other trading Tuesday, U.S. benchmark crude oil picked up 31 cents to $79.87 per barrel in electronic trading on the New York Mercantile Exchange.

China Fed Rate  higher  sign  asia  rates  closed  rules  gain  breaking  trading  relaxes  china  rate  shares  rose  markets  index  covid

History of this topic

Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia
3 days ago

Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares mostly rose Tuesday, …

Stock market today: Asian stocks are mixed after Wall St snaps out of its holiday-season funk
3 days, 22 hours ago

Stock market today: Asian stocks are mixed after Wall St snaps out of its holiday-season funk

Associated Press  

HONG KONG — Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan’s finance minister rang in the New Year as Tokyo’s market resumed trading after the long traditional holiday, as traders in suits and kimonos clapped for good fortune in 2025. “The Japanese government will …

China stocks close up, led by energy and financials; HK shares down
1 week, 3 days ago

China stocks close up, led by energy and financials; HK shares down

Live Mint  

SHANGHAI, - China stocks ended slightly higher on Monday, buoyed by gains in energy and financial shares, while smaller stocks weighed on overall performance. For 2024, onshore shares are set to log gains for the first time after three years of losses as multiple policy stimulus measures since September lifted market sentiment. ** China's finance ministry said in a statement …

Stock market today: Asian shares are mixed after Wall Street slips, led by tech giants
Trending News
1 week, 3 days ago

Stock market today: Asian shares are mixed after Wall Street slips, led by tech giants

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares were mixed on …

Asia shares dip as high yields test valuations
1 week, 4 days ago

Asia shares dip as high yields test valuations

Live Mint  

By Wayne Cole SYDNEY - Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. Yet yields on 10-year Treasuries are near eight-month highs at 4.631% and ending the year around 75 basis points above where they started it, even though the Fed delivered 100 basis …

Stock market today: Asian shares advance after a mixed finish on Wall Street
Trending News
1 week, 6 days ago

Stock market today: Asian shares advance after a mixed finish on Wall Street

Associated Press  

BANGKOK — Asian shares were mostly higher on Friday, with Japan’s benchmark registering strong gains for a second straight day. Tokyo’s Nikkei 225 index climbed 1.4% to 40,139.90, while the Japanese yen sank further after the central bank governor indicated that interest rate hikes might be delayed by threats to the economy such as higher U.S. tariffs on imports. South …

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas
2 weeks, 1 day ago

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas

Associated Press  

BANGKOK — Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Gains in Big Tech stocks helped the S&P 500 to a 1.1% gain, while the Dow Jones Industrial Average rose 0.9%. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to …

Asia shares rise, dollar supported by elevated bond yields
Trending News
2 weeks, 2 days ago

Asia shares rise, dollar supported by elevated bond yields

Live Mint  

* Chinese authorities pledge more support for economy * Fed outlook remains top of investors' minds * Dollar, US yields steady near milestone highs By Rae Wee SINGAPORE, Dec 24 - Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated U.S. Treasury yields as …

Asian stocks rise, FX under pressure as U.S. rates remain in focus
2 weeks, 2 days ago

Asian stocks rise, FX under pressure as U.S. rates remain in focus

Live Mint  

* Singapore, Thailand stock markets gain 0.5% * Currencies muted as dollar near 2-yr peak * Indian rupee hits lifetime low By Himanshi Akhand Dec 24 - Emerging Asian stock markets were higher on Tuesday and currencies traded broadly flat against a stronger dollar as investors braced for fewer rate cuts by the Federal Reserve in the coming year. Markets …

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
2 weeks, 3 days ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer cuts …

Stock market today: Asian shares mostly decline after Nasdaq sets record ahead of Fed meeting
3 weeks, 2 days ago

Stock market today: Asian shares mostly decline after Nasdaq sets record ahead of Fed meeting

Live Mint  

Bangkok, Shares fell in Asia on Tuesday after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year. Tokyo's benchmark Nikkei 225 index lost 0.2% to 39,364.68, helped by gains in technology shares including SoftBank Group Corp., whose CEO Masayoshi Son joined President-elect …

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
3 weeks, 3 days ago

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares retreated Monday in …

Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Asian markets to Bitcoin prices
Trending News
3 weeks, 4 days ago

Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Asian markets to Bitcoin prices

Live Mint  

Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Monday tracking mixed cues from global markets. Asian markets traded mostly higher, while the US stock market ended mixed last week, with the Nasdaq posting fourth consecutive weekly gains. This week, market participants will closely monitor key stock market triggers, including US …

Stock market today: Asian shares advance, tracking rally on Wall Street
Trending News
4 weeks ago

Stock market today: Asian shares advance, tracking rally on Wall Street

Associated Press  

BANGKOK — Shares advanced Thursday in Asia after Wall Street resumed its upward climb, as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. U.S. stock indexes resumed climbing on Wednesday after an update on inflation appeared to clear the way for more help for the economy from the Federal …

South Korean and Taiwan shares rise, Asian currencies muted
4 weeks ago

South Korean and Taiwan shares rise, Asian currencies muted

Live Mint  

* South Korean stocks at one-week high * Philippine shares drop to its lowest since mid-November * India's November inflation data due later in the day By Sneha Kumar Dec 12 - South Korean equities extended their rise for a third consecutive session on Thursday following a week of volatility stoked by political instability, while shares in Taiwan climbed after …

Indian shares set to open marginally higher
1 month ago

Indian shares set to open marginally higher

Live Mint  

- Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings from India …

Indian shares set to open marginally higher
1 month ago

Indian shares set to open marginally higher

Live Mint  

Dec 10 - Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings …

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Syria civil war
1 month ago

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Syria civil war

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weak global cues. Asian markets traded mostly lower, while the US stock market ended mixed last week, with the Nasdaq and the S&P 500 hitting record closing highs. On Friday, the Indian stock market benchmark indices ended marginally lower after …

S.Korean markets shaky on second martial law rumours; other Asian markets mixed
1 month ago

S.Korean markets shaky on second martial law rumours; other Asian markets mixed

Live Mint  

* Won posts 1.7% weekly loss, lowest in 2-1/2 years * Rupee flat after RBI holds interest rates steady * MSCI currency index loses 0.8% in value this week By Sherin Sunny and Roushni Nair Dec 6 - The South Korean won and equities plummeted on Friday following fresh reports of a potential second martial law, which had previously unsettled …

Share Market Extends Gain For 3rd Straight Day: Sensex Rises 598 Points; Nifty Ends Above 24,455
1 month ago

Share Market Extends Gain For 3rd Straight Day: Sensex Rises 598 Points; Nifty Ends Above 24,455

ABP News  

Share Market Today: The two key equity benchmarks, Sensex and Nifty, extended their winning streak to a third consecutive session on Tuesday, driven by robust buying in heavyweight stocks such as HDFC Bank, Reliance Industries, and positive cues from global markets. The BSE Sensex surged 598 points to close at 80,845, after touching an intraday high of 80,949, a gain …

Indian shares set to open higher, tracking Asian peers
1 month ago

Indian shares set to open higher, tracking Asian peers

Live Mint  

Dec 3 - Indian shares are set to open higher on Tuesday, tracking other Asian peers, with comments from key U.S. Federal Reserve officials driving expectations of a 25 basis-point rate cut later in the month. The benchmark indexes Nifty 50 and BSE Sensex climbed on Monday, led by gains in heavyweights such as Reliance Industries, as the recent decline …

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap
1 month, 1 week ago

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap

Live Mint  

-- Asian stocks are set to follow the positive lead from Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs. Treasuries pared losses on Monday after Fed Governor Christopher Waller said he’s inclined to vote for a rate cut in December, with swaps pricing in more than 70% of a quarter-point cut …

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, GDP data to all eyes on RBI policy
1 month, 1 week ago

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, GDP data to all eyes on RBI policy

Live Mint  

Indian stock market: The domestic market benchmark indices are anticipated to have a positive opening on Monday's trade with GIFT Nifty up 30.25 points from Friday's close on Nifty Futures amid mixed global cues. Additionally, the dollar gained strength following President-elect Donald Trump's advice to the BRICS nations, suggesting they should avoid creating a competing currency to the US dollar, …

Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving
1 month, 1 week ago

Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving

Associated Press  

HONG KONG — Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving holiday. Tokyo’s Nikkei 225 index fell 0.4% to 38,191.93 after the government reported that inflation in Tokyo, considered an indicator for national trends, was 2.6% in November, up from 1.8% last month mainly due to a surge in fresh food prices. …

Stock market today: Asian shares mixed after Big Tech losses pull Wall Street lower
1 month, 1 week ago

Stock market today: Asian shares mixed after Big Tech losses pull Wall Street lower

Live Mint  

Bangkok, Shares were mixed on Thursday in Asia after stocks on Wall Street retreated, weighed down by losses for technology shares. Hong Kong's Hang Seng index lost 1.3 per cent to 19,344.07 and the Shanghai Composite index fell 0.3 per cent to 3,299.87. On Wednesday, the S and P 500 fell 0.4 per cent to 5,998.74, even though more stocks …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
1 month, 1 week ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, Tesla stock price rally to oil prices
1 month, 3 weeks ago

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, Tesla stock price rally to oil prices

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see positive opening on Tuesday following gains in global equities. Asian markets traded higher, while the US stock market ended mixed overnight, with the Nasdaq and S&P 500 closing higher. On Monday, the Indian stock market indices ended lower, extending their losing streak to the …

Asia shares wobble on China angst; long-end US bond yields rise with dollar
Trending News
1 month, 3 weeks ago

Asia shares wobble on China angst; long-end US bond yields rise with dollar

Live Mint  

By Rae Wee SINGORE - Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy. In the broader market, traders responded to a U.S. inflation print that was in line with expectations by ramping up bets of …

Stock market today: Asian shares are mostly higher as China begins major economic meeting
2 months ago

Stock market today: Asian shares are mostly higher as China begins major economic meeting

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asia shares decline as investors await earnings, US elections and economic data
2 months, 1 week ago

Stock market today: Asia shares decline as investors await earnings, US elections and economic data

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. South Korea's Kospi dropped 1.2% …

Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand
2 months, 2 weeks ago

Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand

Live Mint  

Asian stock markets are trading in a tight range, while gold reaches a record high as tensions in the Middle East escalate. Australian stocks gain, while Japanese equities slip and Hong Kong equity futures signal declines. US futures rise after the S&P 500's longest winning streak this year. Silver, palladium and platinum all rise, while crude remains unchanged. The reappointment …

Stock market today: Asian shares are mostly higher after strong earnings boost stocks on Wall St
2 months, 3 weeks ago

Stock market today: Asian shares are mostly higher after strong earnings boost stocks on Wall St

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares extend gains after China-driven rally
3 months, 2 weeks ago

Stock market today: Asian shares extend gains after China-driven rally

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting
3 months, 3 weeks ago

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thanks …

Asia shares slip, China inflation surprisingly soft
4 months ago

Asia shares slip, China inflation surprisingly soft

Hindustan Times  

By Wayne Cole Asia shares slip, China inflation surprisingly soft SYDNEY -Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.2%, after shedding 2.25% last week, …

Asia Eyes Cautious Open After China Factory Data: Markets Wrap
4 months, 1 week ago

Asia Eyes Cautious Open After China Factory Data: Markets Wrap

Live Mint  

Asian stocks are set for a cautious start into a historically volatile month for markets as signs mount that China’s efforts to support its ailing economy are yet to take hold. It has the makings for trouble given the economic data from the US and rest of the world now matters to how rate curves are played out and FX …

Asian shares trade higher after mixed trading on Wall Street
4 months, 1 week ago

Asian shares trade higher after mixed trading on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares mostly rose Friday …

Asian benchmarks mostly decline as markets await Nvidia earnings
4 months, 1 week ago

Asian benchmarks mostly decline as markets await Nvidia earnings

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares were mostly lower …

Asian stocks rally a day after worst crash since ‘Black Monday’
5 months ago

Asian stocks rally a day after worst crash since ‘Black Monday’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tokyo stocks surged over 10 …

Asia stocks plunge as fears of recession grow
5 months ago

Asia stocks plunge as fears of recession grow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Stocks fell over seven per cent in morning trade …

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
5 months, 2 weeks ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Tokyo’s core consumer price index rose 2.2% …

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
5 months, 2 weeks ago

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids

Associated Press  

TOKYO — Asian shares dropped in Thursday morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street. U.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around …

Stock market today: Asian shares are mixed after Wall Street breaks losing streak
5 months, 2 weeks ago

Stock market today: Asian shares are mixed after Wall Street breaks losing streak

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares were mixed Tuesday in …

Stock market today: Asian shares are mixed after Wall Street breaks losing streak
5 months, 2 weeks ago

Stock market today: Asian shares are mixed after Wall Street breaks losing streak

Associated Press  

BANGKOK — Shares were mostly higher Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines. China’s central bank cut two key interest rates by 10 basis points on Monday, moving to ease credit and pep up the economy, following a major policymaking meeting of the ruling Communist Party …

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
5 months, 3 weeks ago

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

Associated Press  

Asian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark fell more than 2% as investors remained wary over China’s plans for helping its ailing property sector. AP AUDIO: Stock market today: More drops for big tech stocks keep dragging Wall Street lower AP business correspondent Seth Sutel has the AP …

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 3 weeks ago

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Associated Press  

TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. The markets’ spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if …

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
5 months, 4 weeks ago

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
5 months, 4 weeks ago

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

Associated Press  

Asian shares advanced Thursday, tracking a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for the first time. On Wednesday, the U.S. stock market vaulted to more all-time highs, led by big technology companies whose shares have been soaring thanks to the frenzy over artificial intelligence. AP AUDIO: Stock market today: Wall Street’s record-breaking rally …

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts
6 months ago

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts

Associated Press  

Shares were mixed Wednesday in Asia after remarks by Federal Reserve Chair Jerome Powell in front of Congress did little to change investors’ expectations for the timing of a Fed interest rate cut. In his testimony Tuesday before the Senate Banking Committee, Powell reiterated that inflation has eased notably in the past two years, though it remains above the central …

Stock market today: Asian shares are mostly higher after Wall Street hits more records
6 months ago

Stock market today: Asian shares are mostly higher after Wall Street hits more records

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Thursday after Wall Street’s record-breaking rally powered on. The data could keep the Federal Reserve on course to deliver the cuts to interest rates later this year that Wall Street desires. One report said activity for businesses in the real estate, retail trade and other U.S. services industries contracted in June …

Discover Related