Shares fell in Asia on Tuesday due to skepticism about the recent upward momentum in world markets due to rising confirmed cases of coronavirus and straining strains between the United States and China. The White House decision to reject almost all Chinese maritime claims in the South China Sea increased …
Read More »Asian markets increase, with positive economic data outweighing fears of coronavirus
Asian stock markets rose on Monday as investors looked for data they hope will support optimism about a global economic recovery. Nikkei 225 NIK from Japan, + 1.82% up 1.4% and the Hong Kong Hang Seng HSI Index, + 4.10% gained 3%. The SHCOMP composed of Shanghai, + 5.71% increased …
Read More »China and Hong Kong jump more than 2% amid hopes for coronavirus vaccine
Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
Read More »Asian markets rise in hopes of vaccines, signs of improving global economy
Asian stock markets followed Wall Street higher on Thursday, as hopes of developing a coronavirus vaccine competed with concern over rising infections in the US. The Shanghai SHCOMP Composite Index, + 2.13% increased 0.7% and the Nikkei 225 NIK, + 0.11% in Tokyo added 0.6%. The Hang Seng HSI, + …
Read More »Japan falls more than 2% as global death toll from coronavirus crosses 500,000
Stocks in Asia Pacific fell on Monday as the number of coronavirus cases worldwide continues to rise. In Japan, the Nikkei 225 fell 2.3% on the day to 21,995.04, as shares of the heavyweight index Fast Retailing and conglomerate Softbank Group fell more than 2% each. The Topix index also …
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