European markets open to close, earnings, data, central banks

LONDON – European stocks are expected to open in negative territory on Wednesday, giving up gains made in the previous session amid more positive global sentiment. The UK’s FTSE index is expected to open 45 points lower at 7,103, Germany’s DAX 112 points lower at 13,180, France’s CAC 40 down 56 points at 5,906, and … Read more

Wall Street, Bank of Japan, currencies, oil

SINGAPORE – Shares in the Asia-Pacific region traded mixed on Wednesday, as Wall Street bounced back after a turbulent week. Japan’s Nikkei 225 gave up early gains to sit below the flatline, while the Topix was 0.14% higher. In South Korea, the Kospi fell 1.1%, while the Kosdaq fell 1.41%. Markets in mainland China were … Read more

Australia RBA meeting minutes, oil and currencies

SINGAPORE – Asia-Pacific markets were mostly buoyant on Tuesday while bitcoin continued to rise after a recent rebound. Australia’s central bank says inflation will peak by the end of the year ahead of a meeting minutes release this morning. Japan’s Nikkei 225 was 1.67% higher while the Topix rose by 1.72%. The Kospi in South … Read more

China keeps benchmark lending rate unchanged

Stock picks and investing trends from CNBC Pro: Hong Kong’s Hang Seng index dipped 0.43%. Shares of Alibaba shares in Hong Kong fell more than 2%, despite Reuters reporting Friday that China’s central bank has accepted Alibaba’s affiliate Ant Group’s application to form a financial holding firm, reviving hopes for a potential public listing for … Read more

Japan’s Nikkei 225 slides nearly 2% in mixed Asia-Pacific trading day

SINGAPORE – Shares in Asia-Pacific struggled for direction on Friday, following sharp declines on Wall Street as investors weighed the possibility of aggressive monetary policy tightening leading to a recession. The Nikkei 225 in Japan fell 1.77% to close to 25,963 as shares of conglomerate SoftBank Group plunged 4.24% while the Topix index shed 1.71% … Read more

Chinese economic data releases ahead

SINGAPORE – Shares in Asia-Pacific slipped in Wednesday morning trade following overnight losses on Wall Street as the S&P 500 fell deeper into bear market territory. Investors in the region will also be looking ahead to the release of Chinese economic data expected later today. The Nikkei 225 in Japan slipped fractionally in early trading … Read more

Oil prices slide on Beijing Covid warning, inflation concerns

The sun sets beyond pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images Oil prices slipped more than $ 2 on Monday as a flare-up in Covid-19 cases in Beijing quelled hopes for a rapid pick-up in China’s fuel demand, while worries about global inflation and … Read more

Japan, South Korea, Hong Kong drop more than 2%

SINGAPORE – Shares in Asia tumbled on Monday, as major markets in the region saw sharp losses of more than 2% amid a tech sell-off. The Nikkei 225 in Japan dropped 2.8%, and shares of conglomerate SoftBank Group fell more than 4%. The Topix index was lower at 2.17%. Hong Kong’s Hang Seng index also … Read more

The more gasoline rises above $ 5, the greater risk there is of recession

Gasoline is nearing an average $ 5 per gallon across the US, but while consumers are feeling the pain, prices are not yet at a level that would tip the economy into a recession, economists said. Where that breaking point price lies is unclear. Some suggest it would probably not be just gasoline alone that … Read more

Asia stocks slip following report of new Covid curbs in Shanghai

SINGAPORE – Asia-Pacific stocks were mostly lower in Thursday trade, with mainland Chinese markets falling despite the release of better-than-expected May trade data. The Shanghai Composite in mainland China slipped 0.76% on the day to 3,238.95 while the Shenzhen Component dropped 1.851% to 11,810.58. Hong Kong’s Hang Seng index shed around 0.9%, as of its … Read more