A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in…
BANGKOK (AP) — Shares were mostly lower in Asia on Monday while U.S. futures advanced after Wall Street’s lackluster finish to last week. Tokyo’s Nikkei 225 fell 0.3% to 50,226.67 after the government reported that the Japanese economy contracted at a 1.8% annual pace in the July-September quarter. The dollar rose against the Japanese yen,…
TOKYO (AP) — Asian shares were mixed on Tuesday, with Chinese markets gaining as investors watch to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng edged 0.1% higher to 26,451.08 and the Shanghai Composite index gained 0.2% to 4,005.44, its highest level in…