Asia Pacific stocks were mostly down Friday morning, but hovering near record levels, as investors continued to assess the U.S. Federal Reserve’s assurance that economic reinvigoration can be achieved without stoking runaway inflation. China’s Shanghai compositewas down 0.72% by 11:11 PM ET and the shenzhen componentslid 1.06%. Consumer and...
Asia Pacific stocks were mixed Thursday morning, as investors digested the U.S. Federal Reserve’s continued commitment to its supportive policy. Japan’s Nikkei 225fell 0.42% by 10:31 PM ET (2:31 AM GMT). Balance of payments data released earlier in the day was positive, with the adjusted current acount at JPY1.79...
A gauge of Asian shares climbed to three-week highs on Wednesday as investors eyed the upcoming earnings season for further signs of a global economic recovery, while the dollar slipped to a two-week low. MSCI’s broadest index of Asia-Pacific shares outside of Japan was up 0.3% for its second...
Foreigners were net sellers of Asian equities for the third consecutive month in March, as higher U.S bond yields and a stronger dollar prompted outflows from the region. Overseas investors sold a net combined total of $3.18 billion in South Korean, Taiwanese, Philippine, Thai, Vietnamese, Indonesian, and Indian stocks...
Asia Pacific stocks were up Thursday morning, beginning April on a high note as investors assessed economic data from China and Japan, as well as a new U.S. infrastructure plan. China’s Shanghai compositeedged up 0.20% by 11:26 PM ET (3:26 AM GMT) and the Shenzhen component rose 0.84%.The figure...
Asian stocks were on the backfoot on Wednesday while the safe-haven dollar held near a one-year high as Treasury yields resumed their upward march, hitting sentiment even as Chinese data underpinned signs of a solid global economic recovery. MSCI’s broadest index of Asia-Pacific shares outside of Japan eased from...
Asia Pacific stocks were up Friday morning, as raised hopes for an economic recovery from COVID-19, boosted by a U.S. pledge to double its vaccine plan, helped to end the week on a high note. Japan’s Nikkei 225 jumped 1.63% by 11:06 PM ET (3:06 AM GMT) as the...
Asian equities bounced between gains and losses on Thursday as a selloff in Chinese technology shares due to concerns they will be delisted from U.S. bourses and worries about a semiconductor shortage rattled some investors. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1%. Hong Kong shares fell...
Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus lockdowns in Europe and potential U.S. tax hikes hit risk appetite, leading to a flight to safety. MSCI’s broadest index of Asia-Pacific shares outside of Japan fell 1.3% after losing 0.9% on...
Asian stocks turned mixed and bonds bounced on Monday as a plunge in the Turkish lira sparked talk that capital controls might be needed to stem the rout, though the wider fallout was relatively restrained for the moment. The dollar was trading almost 12% higher versus the lira at...