Action in the Asia-Pacific fell to trading Monday morning as developments on the coronavirus pandemic continue by investors. Hong Kong’s Hang Seng Index led gains regionally as it jumped 1.43% in early trading. Chinese parts of the mainland were mixed. The composition of Shanghai was slightly higher, while the Shenzhen …
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Asian markets did not change much in early trading on Friday, after shares fell on Wall Street when the stalemate over a second coronavirus relief plan continued on Capitol Hill. Japanese Nikkei 225 NIK, + 0.06% was almost flay, while Hong Seng’s Hang Seng Index HSI, -0.05% 0.2% glide. The …
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Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
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Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. The earnings reports, an indicator of how well companies are handling the consequences of …
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Asian stocks mixed on Wednesday as the company’s sad earnings reports add to pessimism about the widespread economic consequences of the coronavirus pandemic. Tokyo’s Nikkei 225 index lost 1% after Fitch Ratings lowered its outlook for Japan to “negative” from “stable”. “The coronavirus pandemic has caused a sharp economic contraction …
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