Asian shares higher as region eyes Trump-Kim summit

Business 02/27/19, 01:05

Asian shares rose in muted trading Wednesday as investors awaited the outcome of a summit between President Donald Trump and North Korean leader Kim Jong Un in Vietnam. Japan's benchmark Nikkei 225 added 0.5 percent in early trading Wednesday to 21,564.75. Australia's S&P/ASX 200 gained 0.4 percent to 6,150.30. South Korea's ...

Asian shares lower as tariffs delay rally fades

Business 02/26/19, 00:21

Shares were mostly lower in Asia on Tuesday, backtracking from Monday's rally spurred by news that President Donald Trump had pushed back a deadline for raising tariffs on imports from China to allow time for more negotiations. Mainland China indexes rose, however, after a report in the Hong Kong newspaper South ...

Stocks rise after tariff hike postponed

Business 02/25/19, 10:42

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street after President Donald Trump agreed to hold off on raising tariffs on Chinese imports as trade talks progress. Technology and industrial companies led the way higher early Monday. General Electric jumped 14.8 percent after ...

Global stocks rise after Trump tariff extension

Business 02/25/19, 04:40

BEIJING (AP) — China’s main stock index jumped to an eight-month high Monday and other global markets advanced after President Donald Trump agreed to postpone a tariff hike on Chinese goods. In early trading, London’s FTSE 100 rose 0.4 percent and Germany’s DAX gained 0.6 percent following Trump’s announcement after talks ...

Asian shares gain on hopes for progress on China-US trade

Business 02/19/19, 01:38

Share benchmarks were mostly higher in Asia on Tuesday as Chinese and U.S. negotiators geared up for trade talks in Washington this week. U.S. markets were closed Monday for President's Day. Shares in Shanghai and Hong Kong fell back after early gains after an industry association reported that auto sales fell nearly ...

Asian stocks rally on hope of further China-US trade talks

Business 02/18/19, 01:46

Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea's Kospi jumped 0.7 percent to 2,210.89 and the Shanghai Composite index rose 2.5 percent to 2,748.92. Hong Kong's Hang Seng was 1.7 percent ...

Asian stocks rally on hope of further China-US trade talks

Business 02/17/19, 22:31

Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea's Kospi jumped 0.7 percent to 2,212.38 and the Shanghai Composite index rose 1.6 percent to 2,724.23. Hong Kong's Hang Seng was 1.7 percent ...

Asian stocks slip on Wall Street leads as trade talks simmer

Business 02/15/19, 01:35

Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing. Japan's benchmark Nikkei 225 retreated 1.1 percent to 20,900.63 and the Kospi in South Korea tumbled 1.4 percent to 2,195.07. Hong Kong's Hang Seng gave up 1.8 percent ...

Asian stocks slip on Wall Street leads as trade talks simmer

Business 02/14/19, 23:47

Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing. Japan's benchmark Nikkei 225 retreated 1.2 percent to 20,886.27 and the Kospi in South Korea tumbled 1.6 percent to 2,189.50. Hong Kong's Hang Seng gave up 1.5 percent ...

Weak sales report sinks stock prices in early trading

Business 02/14/19, 10:28

New figures showing that last month's holiday sales were far worse than previously expected helped drive stocks lower on Wall Street early Thursday, threatening to end a four-day winning streak for the S&P 500 index. The surprise drop in December sales, the worst in the decade, sank a range of stocks, ...

S&P 500 set for another down week as January’s rally fizzles

Business 02/08/19, 10:30

U.S. stocks dipped in early trading Friday to join a worldwide drift lower as concerns remain high about global trade and the strength of the economy. The S&P 500 is on pace to close out its second down week in the last three, as investors hit pause following a tumultuous two ...

Asian stocks fall after Trump says no plans for Xi meeting

Business 02/08/19, 01:58

Asian markets tumbled on Friday after President Donald Trump said he doesn't plan to meet Chinese leader Xi Jinping before a tariffs truce ends in March. Japan's Nikkei 225 index was 2 percent lower at 20,333.17. Hong Kong's Hang Seng, reopening after a Lunar New Year break, gave up 0.4 percent ...

Asian markets rise on hopes for interest rate cuts

Business 02/07/19, 03:13

Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year. When borrowing is made less expensive, the increase ...

Asian shares higher following strong gains on Wall Street

Business 02/06/19, 01:19

Shares have advanced in Asia following a rally on Wall Street led by technology companies. There was little if any immediate reaction to President Donald Trump's State of the Union address. Japan's Nikkei 225 index gained 0.1 percent to 20,874.06 early Wednesday. Australia's S&P ASX 200 rose 0.3 percent, helped by ...

Asia shares mixed, most markets closed for Lunar New Year

Business 02/05/19, 01:51

Shares were lower in most of the markets open in Asia on Tuesday, though much of the region took a break for the Lunar New Year.Australia's benchmark surged 2.1 percent to 6,017.20 following a report on a probe into banking malpractices that was less severe than anticipated.The lackluster trading followed ...

Asian stocks mixed on US-China fears at start of quiet week

Business 02/04/19, 01:41

Asian markets were mixed Monday amid speculation over the next steps in a dispute between the U.S. and China over technology development and trade following meetings in Washington last week. Markets in mainland China and Taiwan are closed for the week for Lunar New Year celebrations. South Korean markets were closed ...

Asian stocks mixed on US-China fears at start of quiet week

Business 02/03/19, 23:44

Asian markets were mixed Monday amid speculation over next steps in the dispute between the U.S. and China over technology development and trade following meetings in Washington last week. Markets in mainland China and Taiwan are closed for the week for Lunar New Year celebrations. South Korean markets were closed for ...

Asian stocks mixed as China-US talks end with no deal

Business 02/01/19, 03:00

Asian markets were mixed Friday as trade talks ended in Washington with no deal but the promise of a second meeting between President Donald Trump and Chinese leader Xi Jinping. Gains were limited by a private survey showing that Chinese manufacturing slowed to the lowest level in almost three years. KEEPING ...

Boeing, Apple lead market higher as trade talks loom

Business 01/30/19, 10:19

Stocks opened broadly higher on upbeat results from key U.S. companies as Wall Street awaits the U.S. Federal Reserve's latest action on interest rates and the opening of trade talks between the U.S. and China. Apple gained ground after investors brushed off a slide in iPhone sales. Boeing soared as it ...

Stocks open slightly higher on upbeat earnings, forecasts

Business 01/29/19, 10:37

Stocks are opening slightly higher on Wall Street after several large U.S. companies released upbeat fourth-quarter results and forecasts.The results come amid a busy week for corporate earnings and as several global trade and domestic policy issues overhang the market. Xerox and 3M rose after reporting solid results, but Harley-Davidson ...

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