TOKYO (AP) — Global benchmarks mostly rose Tuesday, echoing a rally on Wall Street after President Donald Trump appeared to let up on some of his tariffs and as stress from within the U.S. bond market seemed to be easing. Still, the Trump administration took further steps toward imposing more tariffs, saying it was investigating…
BANGKOK (AP) — Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before. The deepening worries over President Donald Trump’ s trade war initially helped pull Japan’s Nikkei 225 share index down 5.6%. By mid-morning in Tokyo, it was down 4.7% at 32,969.95. The yen surged against…
HONG KONG (AP) — Shares in Asia were mostly up Tuesday, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry. Hong Kong’s Hang Seng rose 1.64% to 22,986.88, while the Shanghai Composite added 0.15% to 3,360.95….
HONG KONG (AP) — Asian stocks were mostly up Friday on the back of a near-record rally on U.S. stocks, as investors paid little attention to U.S. President Donald Trump’s latest tariff threats. Hong Kong’s Hang Seng index surged 3.69% to 22,620.33, while the Shanghai Composite was up 0.43% to 3,346.72. The Nikkei 225 slid…
TOKYO (AP) — Asian shares were trading mixed Monday, as investors found bargains despite worries about U.S. President Donald Trump’s tariffs. Japan’s benchmark Nikkei 225 finished little changed, rising less than 0.1% to 38,801.17. The Japanese government reported a record current account surplus last year of 29 trillion yen ($191 billion), underlining strong returns on…
TOKYO (AP) — Asian shares were trading mixed Wednesday as markets mulled the impact of tariffs being imposed by the United States and China. Japan’s benchmark Nikkei 225 recouped earlier losses and was little changed, up less than 0.1% in afternoon trading at 38,820.77. Australia’s S&P/ASX 200 rose 0.5% to 8,416.90. The Hang Seng dropped…
The Hong Kong government is taking steps in the right direction to promote the city as an international gold trading centre, but more needs to be done to catch up with rivals like Singapore and Dubai, according to industry players. “Singapore, for the last 12 years, has been pushing its gold industry by allocating land…
China’s battered property sector has been a hige drag on the economy for years (Hector RETAMAL) China said Thursday it would boost credit available for unfinished housing projects to more than $500 billion as it unveiled another round of measures to shore up the sector and try to reignite the economy. The real-estate sector has…
Developers’ stocks are among the big winners this week after China unveiled a raft of measures to support the property sector and other parts of the economy (GREG BAKER) Hong Kong and Shanghai ploughed on with their China-fuelled rally Friday on hopes that Beijing will press on with new plans to boost the world’s number…