Asian stocks mixed on Huawei charges as trade talks loom

Business 01/29/19, 01:40

Asian stocks were mixed on Tuesday after the U.S. Justice Department unsealed criminal charges against China's Huawei, its subsidiaries and a top executive ahead of trade talks. KEEPING SCORE: Hong Kong's Hang Seng index lost 0.2 percent to 27,524.00 while the Shanghai Composite index rose 0.1 percent to 2,600.59. Australia's S&P ...

Asian markets gain after US suspends government shutdown

Business 01/27/19, 23:09

Shares rose in Asia on Monday after President Donald Trump temporarily re-opened the U.S. government. Japan was the main regional outlier, as the Nikkei 225 index lost 0.5 percent to 20,759.48 with uncertainty over China-U.S. trade talks bringing a lull in buying sentiment. KEEPING SCORE: Hong Kong's Hang Seng index gained ...

Asian shares mixed on worries over US-China trade talks

Business 01/23/19, 02:10

Asian markets were mixed in subdued trading Wednesday as Japan reported weak export data and news surfaced of possible hiccups in China-U.S. trade talks. KEEPING SCORE: Japan's Nikkei 225 index shed 0.1 percent to 20,593.72, after the Bank of Japan kept its short and long term interest rates intact as expected ...

Asian shares meander on worries over US-China trade talks

Business 01/22/19, 23:17

Asian markets were flat in subdued trading Wednesday as Japan reported weak export data and news surfaced of possible hiccups in China-U.S. trade talks. KEEPING SCORE: Japan's Nikkei 225 index was less than 0.1 percent higher at 20,631.54 and South Korea's Kospi rose 0.3 percent to 2,123.92. Hong Kong's Hang Seng ...

China slump squeezes workers, hammers consumer spending

Business 01/19/19, 19:35

Yu Mingang had a good job helping Chinese manufacturers prepare to sell shares to the public until the cooling economy derailed those plans. As demand for auditing services sank, the 25-year-old accountant in the eastern city of Hangzhou was laid off in December. Yu tightened his belt: No more movies or ...

Asian shares decline as China reports slowdown in exports

Business 01/13/19, 23:38

Shares were lower in Asia on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports. KEEPING SCORE: Hong Kong's Hang Seng index lost 1.4 percent to 26,299.19 while the Shanghai Composite fell 0.6 percent to 2,539.59. The Kospi in South Korea declined 0.7 percent to ...

Trade war, big profits, wild swings: A look at 2018 markets

Business 12/31/18, 17:00

Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. It didn't end that way. U.S. stocks climbed to new highs in January, shook off a sudden, steep drop by spring and rode a wave of tax cut-juiced corporate earnings growth to another all-time high by September. Then ...

Asian markets mixed in quiet New Year’s Eve trading

Business 12/31/18, 02:27

Shares were mixed Monday in subdued New Year's Eve trading. U.S. futures surged after President Donald Trump tweeted a day earlier that he expected to reach a deal to help resolve trade friction with Beijing after speaking with Chinese President Xi Jinping. KEEPING SCORE: Hong Kong's Hang Seng advanced 1.3 percent ...

Japan stocks plunge, other Asia markets fall after US losses

Business 12/25/18, 01:15

Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump's attack on the U.S. central bank. The Nikkei 225 fell by an unusually wide margin of 4.8 percent to 19,189.00. The Shanghai Composite Index lost 2.3 percent to 2,469.28. Benchmarks in Thailand ...

Mnuchin says market’s negative reaction to Fed ‘overblown’

Business 12/20/18, 14:32

Treasury Secretary Steven Mnuchin said Thursday that the negative market reaction following the Federal Reserve's rate hike this week was "completely overblown."Mnuchin said the market overreacted, with computerized program trading taking over and driving stock prices down further. In a Fox Business interview, Mnuchin said that he believed markets were ...

Clouds grow over German economy after stocks hit bear market

Business 12/18/18, 06:25

Worries are growing about the strength of the German economy, Europe's largest, after a key indicator suggested fears about trade wars and Brexit are hitting business activity and after the country's main stocks index slid into a bear market. The Ifo Institute said Tuesday its business confidence index dropped to 101.0 ...

Fed officials express caution about pace of future hikes

Business 11/29/18, 14:33

Federal Reserve officials earlier this month appeared on track to raise its key interest rate again in December, but they signaled that the pace of future rate hikes might need to slow given emerging risks to the economy, according to minutes of the discussions released Thursday. The minutes of the Fed's ...

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