Asian markets plunge after Trump threatens China tariff hike

Business 05/05/19, 23:36

Shares tumbled in Asia early Monday after President Donald Trump threatened to impose more tariffs on China, spooking investors who had been expecting good news this week on trade. The Shanghai Composite index plunged 5.2% to 2,918.65, and the Hang Seng in Hong Kong sank 3.4% to 29,060.87. The future contract ...

Asian stocks mixed after new Wall Street high

Business 04/30/19, 00:41

Asian stock markets were mixed Tuesday after Wall Street hit a new high and Chinese factory activity grew in April but below the previous month's pace.Benchmarks in Hong Kong, Seoul and Sydney declined while Shanghai advanced. Japanese markets were closed for a holiday.Purchasing managers' indexes from a business magazine and ...

Asian stocks mixed after Wall Street hits new highs

Business 04/29/19, 02:23

Asian stock markets were mixed on Monday as investors looked ahead to U.S.-Chinese trade talks and the Federal Reserve's update on its U.S. interest rate outlook.Benchmarks in Hong Kong and Seoul advanced, while Shanghai and Sydney declined. Japanese markets were closed for a holiday and India was closed for elections.On ...

Asian stocks mixed after new Wall Street highs

Business 04/28/19, 22:55

Asian stock markets were mixed Monday as investors looked ahead to U.S.-Chinese trade talks and the Federal Reserve's update on its U.S. interest rate outlook.Benchmarks in Hong Kong and Seoul advanced, while Shanghai and Sydney declined. Japanese markets were closed for a holiday.On Wall Street, the benchmark Standard & Poor's ...

Asian shares fall on China stimulus worries, patchy earnings

Business 04/26/19, 03:30

Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and some other industrial companies.Concern that China may temper its economic stimulus pulled the Shanghai benchmark down 1.2% to 3,086.40. Japan's Nikkei 225 index slipped 0.2% to ...

Asian shares mixed after US stocks retreat from record highs

Business 04/25/19, 02:04

Asian shares were mixed Thursday, with the Shanghai benchmark sharply lower, after U.S. stocks gave back some gains from Tuesday's rally on Wall Street.Japan's benchmark Nikkei 225 edged up 0.5% to 22,307.58. South Korea's Kospi fell 0.5% to 2,190.50. Hong Kong's Hang Seng sank 0.5% to 29,645.87, while the Shanghai ...

Asian markets lower after S&P 500, Nasdaq hit record highs

Business 04/24/19, 02:46

Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.3% to 22,000.00 and the Hang Seng in Hong Kong fell 0.5% to 29,825.03. The Shanghai ...

Asian markets lower after S&P 500, Nasdaq hit record highs

Business 04/24/19, 00:08

Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index ...

Asian markets lower, oil rises on Iran concerns

Business 04/22/19, 00:52

Asian stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Tokyo's benchmark edged up while Shanghai, Seoul and India retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard & Poor's 500 index ...

Asian markets mixed in post-Easter trading

Business 04/21/19, 22:55

Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data.Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday.On Wall Street, the benchmark Standard & Poor's 500 index ended a shortened ...

Global stocks modestly higher in quiet holiday trading

Business 04/19/19, 03:39

Global stock indexes were mostly moderately higher in quiet holiday trading on Good Friday as some markets were closed.Trading was closed in France, Germany and the U.K.Japan's benchmark Nikkei 225 edged up 0.5% to finish at 22,200.56. South Korea's Kospi inched up 0.1% to2,216.15. The Shanghai Composite gained 0.6% to ...

Asian stocks sink after Wall Street declines

Business 04/18/19, 00:38

Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data.Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed.U.S. stocks fell despite data showing Chinese gross domestic product growth held steady in the latest quarter in the face of a tariff war with Washington ...

Asian shares mixed after encouraging China GDP data

Business 04/17/19, 01:19

Major share benchmarks were mixed in Asia on Wednesday after China announced its economy grew at a better than expected 6.4% annual pace in the last quarter.Japan's Nikkei 225 index gained 0.3% to 22,277.97 and the Shanghai Composite added 0.3% to 3,264.67. Hong Kong's Hang Seng index edged 0.1% higher ...

Asian shares advance as Shanghai rebounds from early losses

Business 04/16/19, 01:38

Shares advanced in Asia on Tuesday, led by a rally in Chinese shares. Upbeat talk from the White House on trade negotiations with Beijing and reassuring comments from the People's Bank of China appeared to help brighten sentiment.The Nikkei 225 index added 0.2% to 22,221.11. The Shanghai Composite index jumped ...

Electric car makers woo Chinese buyers with range, features

Tech 04/15/19, 20:18

Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China to lead in electric vehicles have imposed sales targets. That ...

Asian shares advance on US-China trade hopes

Business 04/15/19, 01:47

Asian markets were mostly higher Monday on signs that the U.S. and China were closing in on a trade deal after months of negotiations. The Shanghai Composite index rose 0.6% to 3,207.87, after gaining close to 2% in early trading. Japan's Nikkei 225 index jumped 1.4% to 22,169.11. The Kospi in South ...

Hamilton wins 6th Chinese GP; Third time Mercedes goes 1-2

Sports 04/14/19, 04:57

Mercedes has gone 1-2, 1-2, 1-2 in the first three races of the new Formula One season, a great start for the sport's dominating team.Lewis Hamilton and teammate Valtteri Bottas completed their third straight double in Sunday's Chinese Grand Prix. That kind of start has not happened since 1992 when ...

China’s auto show highlights electric ambitions

Business 04/13/19, 21:16

This year's Shanghai auto show highlights the global industry's race to make electric cars Chinese drivers want to buy as Beijing winds down subsidies that promoted sales.Communist leaders are shifting the burden to automakers by imposing mandatory sales targets for electrics, adding to financial pressure on them amid a painful ...

Asian stocks mixed after listless Wall Street day

Business 04/12/19, 00:28

Asian stock markets were mostly higher Friday after a mixed Wall Street close on listless trading. Benchmarks in Tokyo, Sydney and Seoul rose. Shanghai and Hong Kong declined as investors watched for Chinese trade data. Traders were hoping for a "good set of figures" from Beijing following unexpectedly strong March manufacturing and ...

Asian shares fall as Fed minutes show data may tweak stance

Business 04/11/19, 01:39

Asian markets were mostly lower on Thursday after the U.S. Federal Reserve released minutes of its meeting in March. While most officials believed the central bank would leave interest rates unchanged for the rest of the year, several said their views could shift with incoming data.Hong Kong's Hang Seng gave ...

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