Archive for Tag: kospi index

Asian Stocks

Asian Stocks Up, Fed Policy Decision Retains Dovish Tone

Asia Pacific stocks were mostly up Thursday morning, as investors digested the U.S. Federal Reserves’ latest dovish policy decision. China’s Shanghai Composite was up 0.61% by 11:26 PM ET (3:26 AM GMT) and the Shenzhen Component rose 1.14%. However, U.S-China tensions are up after the U.S. slapped more sanctions...

Read More
Asian Stock Market News

Asian Stocks Down as Powell Keeps Mum on Rising Inflation Rates

Asia Pacific stocks were down Friday morning, continuing Thursday’s losses after U.S. Treasury yields’ moves increased investor jitters. China’s Shanghai Composwas down 0.29% by 10:25 PM ET (3:25 AM GMT) and the Shenzhen component inched down 0.07%. China’s National People’s Congress (NPS) opened on Friday, where a conservative economic...

Read More
Asian stocks

Asian stocks rally, battered bond market tries for stability

Asian shares rallied on Monday as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge U.S. stimulus package underpinned optimism about the global economy and sent oil prices higher. China’s official manufacturing PMI out over the weekend missed forecasts, but...

Read More