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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Asian stock markets mixed Monday amid tensions between the United States and China and concerns that the recovery from the coronavirus pandemic may be weakening. Nikkei NIK from Japan, -0.15% It fell 0.4% as operators returned from a four-day vacation weekend. Hong Kong HSI Hang Seng Index, -0.41% fell 0.1%, …
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Shares fell in Asia early Friday morning, after mounting tensions between the United States and China and a massive sale of tech stocks on Wall Street. Hong Kong HSI Hang Seng Index, -2.17% fell 1.9% while the Shanghai SHCOMP compound, -2.73% it sank 2.3% and the smallest-cap Shenzhen Composite 399106, …
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The Asian actions were mostly on Tuesday due to rising hopes of an effective vaccine to combat the coronavirus pandemic. Scientists at Oxford University reported that their experimental coronavirus vaccine elicited a protective immune response in hundreds of people who received the vaccine in an early trial. Other projects are …
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