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Asian markets boosted by bargain buying as dollar climbs

Asian markets on Thursday recovered from the previous day’s hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war with China. While investors remain on edge about a damaging standoff between the world’s two economic superpowers, there are hopes […].....»»

Category: financeSource: bworldonline bworldonlineJul 12th, 2018

Asian markets extend gains but investors wary

HONG KONG: Asian equities edged up Tuesday as traders took a breather after recent strong gains, with more records on Wall Street unable to spur strong buying, but the dollar built on the previous day’s rally. While optimism remains over the world economy and corporate earnings — helping push global markets to all-time or multi-month [...] The post Asian markets extend gains but investors wary appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 17th, 2017

PSEi keeps pace with optimistic Asian neighbors, marking 3rd day of rally

The local stock barometer gained for the third straight session yesterday, tracking mostly firmer regional markets. The main-share Philippine Stock Exchange index (PSEi) added 16.85 points or 0.23 percent to close at 7,350.58. The index was boosted by gains eked out by the financial, industrial, holding firm and services counters. On the other hand, the mining/oil and property counters slipped. Value turnover was still thin at P5.53 billion. There were 106 decliners that edged out 84 advancers, while 46 stocks were unchanged. The PSEi was led higher by Megaworld, which gained 4.03 percent. GT Capital added 3.82 percent while Metrobank, the day's most actively traded ...Keep on reading: PSEi keeps pace with optimistic Asian neighbors, marking 3rd day of rally.....»»

Category: newsSource:  inquirerRelated NewsJul 12th, 2018

Higher Asian markets mirror optimism on Wall Street

SINGAPORE --- Asian markets were mostly higher on Tuesday as overnight gains on Wall Street and the lack of bad news surrounding US-China tariffs boosted sentiment. Keeping Score: Japan's benchmark Nikkei 225 added 0.7 percent to 22,196.89 and South Korea's Kospi gained 0.3 percent to 2,292.90. Hong Kong's Hang Seng rose 0.1 percent to 28,711.29. The Shanghai Composite index was less than 0.1 percent higher at 2,816.10. Australia's S&P/ASX 200 bucked the regional trend, dropping 0.4 percent to 6,258.10. Shares rose in Taiwan and were mostly higher in Southeast Asia. Wall Street: The S&P 500 index rose 0.9 percent on Monday to 2,784.17. It's the third straight day that the i...Keep on reading: Higher Asian markets mirror optimism on Wall Street.....»»

Category: newsSource:  inquirerRelated NewsJul 10th, 2018

Global stocks rally despite uncertainties

LONDON: A global stocks rally took root Monday after strong US jobs data, and despite Brexit uncertainty that boosted the pound. Asian and European equities were spurred higher, extending pre-weekend gains, as Friday’s solid jobs report reinforced confidence in the US economy and helped soothe trade war nerves. “European stock markets are higher after a [...] The post Global stocks rally despite uncertainties appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 9th, 2018

Dollar builds on gains ahead of Fed, equities struggle

The dollar extended gains against its peers in Asian trade Wednesday as investors await a key Federal Reserve decision later in the day, but most equity markets dipped. As the euphoria over the historic summit between Donald Trump and Kim Jong Un recedes, investors are focusing on macroeconomic issues with concerns over global trade causing […].....»»

Category: newsSource:  tribuneRelated NewsJun 13th, 2018

Asean markets climb at midday except Singapore

SINGAPORE: Southeast Asian stock markets, except Singapore, rose on Thursday in line with broader Asian peers that were boosted by rising energy stocks, while Malaysia was shut following results of.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2018

Asian stocks decline; dollar retreats as yen gains

Asian stocks drifted and the dollar retreated from a four-month high as investors digested the latest earnings reports and many markets reopened after holidays. US equity futures edged lower after a report the possibility of a subpoena has been raised for President Donald Trump in an ongoing special-counsel investigation. Ten-year Treasury yields pushed higher, though […] The post Asian stocks decline; dollar retreats as yen gains appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

Asian, European stocks boosted by breakthrough Korea summit

NEW YORK (AFP) - Asian and European stock markets advanced Friday with global investor sentiment boosted by a historic meeting of the leaders of North and South Korea. However Wall Street treaded water as data showed that US economic growth slowed at the beginning of the year, although the annualized….....»»

Category: newsSource:  journalRelated NewsApr 28th, 2018

Asian currencies tread water; yuan down after RRR cut

MOST EMERGING Asian currencies were kept in check on Wednesday, as the dollar gained on firm US economic data and as US-China trade risks and tensions in the Middle East appeared to take a backseat for now. The yuan pulled back after the People’s Bank of China (PBoC) surprised markets late on Tuesday by cutting […] The post Asian currencies tread water; yuan down after RRR cut appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 18th, 2018

Asian stocks fall; dollar rises with bond yields

Most Asian equity benchmarks declined with US futures and the dollar rose as Treasury yields climbed back toward recent four-year highs. Japan’s Topix index dropped after staging its second-best performance this year, while shares in Australia and South Korea also fell, taking their cue from European markets as US equities and Treasuries took a break […] The post Asian stocks fall; dollar rises with bond yields appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 20th, 2018

Hong Kong rallies in mixed Asia trade

HONG KONG: Hong Kong stocks climbed more than two percent on Wednesday, extending a rebound from last week’s hammering but most other Asian markets were mixed as nervous investors await the release of key US inflation data fearing fresh volatility. Tokyo fell to another four-month trough as the yen strengthened against the dollar, at one [...] The post Hong Kong rallies in mixed Asia trade appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsFeb 14th, 2018

Asian markets decline as new year surge fades

HONG KONG: Asian markets saw further losses on Thursday, with Tokyo hit by a weaker dollar, as the rally that greeted 2018 gives way to profit-taking though Hong Kong extended a record winning streak to 13 days. Bitcoin tumbled after South Korea said it was planning to close down cryptocurrency exchanges in the country citing [...] The post Asian markets decline as new year surge fades appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 12th, 2018

PSEi ends higher on selective buying

The local stock barometer overcame a rough trading day on Friday, firming up at close on the back of selective buying of large-cap stocks.   The main-share Philippine Stock Exchange index (PSEi) added 21.88 points or 0.26 percent to close at 8,365.11, reversing early losses.   For the week, the PSEi added 54.03 points or 0.65 percent from last week's finish.   "Philippine markets kept to bargain-hunting despite the light trading value due to the (US) Thanksgiving holidays," said Luis Gerardo Limlingan, managing director at local stockbrokerage Regina Capital Development. US stocks were closed due to the Thanksgiving break.   On Friday, the PSEi...Keep on reading: PSEi ends higher on selective buying.....»»

Category: newsSource:  inquirerRelated NewsNov 24th, 2017

PSEi down anew, bucks regional gains

SHARE prices retreated anew on continued consolidation, with the bellwether Philippine Stock Exchange index (PSEi) shedding 0.28 percent or 23.51 points to close at 8,265.68. The broader All Shares dropped 0.11 percent or 5.30 points to finish at 4,846.38 with investors ignoring another record close on Wall Street that boosted other Asian markets. “We’re still [...] The post PSEi down anew, bucks regional gains appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 23rd, 2017

Asian markets extend gains but investors wary – The Manila Times

Asian markets extend gains but investors waryThe Manila TimesManila piled on 1.6 percent but Taipei, Bangkok and Jakarta were all lower. In early European trade London was flat, Paris rose 0.12 percent and Frankfurt dipped 0.1 percent. Euro weakens. The dollar extended Monday’s gains against the euro following … Source link link: Asian markets extend gains but investors wary – The Manila Times.....»»

Category: newsSource:  manilainformerRelated NewsOct 17th, 2017

Peso climbs on weak US data

THE PESO posted a slight recovery on Tuesday, moving within a wide range as trading resumed, in reaction to mixed dollar movements due to weak US data. The local unit closed at P51.33 versus the greenback, up by six centavos from the P51.39 finish last Friday. Financial markets reopened on Tuesday as the Bangko Sentral […] The post Peso climbs on weak US data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 17th, 2017

Asian shares mixed after Trump inauguration, dollar weakens

BEIJING — Japanese stocks tumbled while Chinese markets gained Monday after Donald Trump took office as U.S......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2017

Trump gains rattle world markets, as shares, dollar tumble

HONG KONG — The rising prospect of a Trump presidency jolted markets around the world Wednesday, sending Dow futures and Asian stock prices sharply lower as.....»»

Category: financeSource:  philstarRelated NewsNov 9th, 2016

Asian markets recover on waning Deutsche Bank concerns

HONG KONG: Asian markets rallied on Monday with financials up on easing fears about the future of German giant Deutsche Bank after a source said it was nearing a deal to slash a multi-billion-dollar US fine. Traders fled for cover last week, sending stock.....»»

Category: newsSource:  manilatimes_netRelated NewsOct 3rd, 2016

Asian markets rally as Deutsche Bank fears recede

Asian markets rallied Monday with financials up on easing fears about the future of German giant Deutsche Bank after a source said it was nearing a deal to slash a multi-billion-dollar US fine......»»

Category: newsSource:  mb.com.phRelated NewsOct 3rd, 2016