Asian stock markets were mostly on Friday after Wall Street closed lower amid uncertainty about the US economic outlook. Overnight, the Wall Street benchmark S & P-500 index lost 0.3% after reports including one showing more layoffs. “This may indicate nothing more than a brief pause for repositioning, or a …
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 »Asian markets win after US bank stress test results
BEIJING (Reuters) – Asian equity markets followed Wall Street higher on Friday after US regulators removed some limits on banks’ ability to make investments. The Nikkei 225 NIK, + 1.13% in Tokyo it increased by 0.9%, while Kospi 180721 in Seoul, + 1.05% gained 1%. Hang Seng HSI from Hong …
Read More »