Stock markets in Asia were mixed on March 16, with investors continuing to worry about the crisis in the financial sector following the bankruptcy of two banks in the United States. The upcoming meeting of the Federal Reserve (Fed) was also on investors’ radar, with hopes that the Fed may decide to slow down the …
Asian stock markets mixed amid concerns over financial sector crisis and Fed meeting Read More »
Asian stock markets closed higher in response to the recovery of US banking stocks. China’s Shanghai Composite closed up at 3,263.31 points, up 18.00 points, or +0.55%, driven by the country’s strong economic data. Hong Kong’s Hang Seng closed higher at 19,539.87 points, up 291.91 points, or +1.52%, as investor concerns eased after US governments …
Asian Stock Markets Close Higher in Response to Recovery of US Banking Stocks Read More »
Asian stock markets closed lower on Monday amid concerns that the bankruptcy of Silicon Valley Bank (SVB) in the US could negatively impact the financial sector in Asia. The sell-off was also driven by a slump in banking stocks. Hong Kong’s Hang Seng Index fell 2.27% to close at 19,247.96, with the biggest losers being …
Asian stock markets slump as investors worry about US bank crisis Read More »
Investors are growing increasingly concerned over the potential impact of Silicon Valley Bank’s (SVB) bankruptcy on the US financial system. SVB, which provides loans to tech startups, has been facing financial difficulties, raising fears that its failure could create widespread risks in the financial sector. This concern is compounded by expectations that the Federal Reserve …
Asian stock markets closed lower on Friday, March 10th, following a sharp decline in the Dow Jones Industrial Average on Wall Street the day before. Investors were also keeping a close eye on the release of US job numbers for February, which could provide clues about the state of the American economy. In Japan, the …
Asian Stocks Close Lower After Dow Jones Plunges; Investors Eye US Job Numbers Read More »
Hong Kong’s Hang Seng closed at 19,925.74 points, down 125.51 points or 0.63% as investors awaited the US non-farm payrolls release on Friday. Meanwhile, China’s Shanghai Composite fell slightly, closing at 3,276.09 points, down 7.15 points or 0.22%, after the country released its latest inflation figures. On the other hand, Australia’s S&P/ASX 200 closed slightly …
Asian stock markets mostly closed lower on Wednesday, as investors reacted to Federal Reserve Chairman Jerome Powell’s warning of the need for the Fed to raise interest rates faster and for a longer period of time than expected, in order to control inflation that remains at a very high level. Japan’s Nikkei closed at a …
Asian stock markets closed mixed on Monday after the Reserve Bank of Australia (RBA) announced a widely expected 0.25% interest rate hike. Meanwhile, China’s disappointing trade data for January and February weighed on investor sentiment. Japan’s Nikkei 225 rose 0.25% to close at 28,309.16, buoyed by hopes of China’s economic recovery following the country’s easing …
Asian stock markets closed higher on Friday, March 3, buoyed by positive investor sentiment following the US Federal Reserve’s signaling of a slowdown in interest rates. Tokyo’s Nikkei closed at a two-month high of 27,927.47, gaining 428.60 points or 1.56%, driven by investor hopes of China’s economy recovering and strong sales from Japan’s major retailers. …
Most Asian stock markets closed down on Thursday, March 2, as investors are concerned about the possibility of the US Federal Reserve (Fed) raising interest rates. This comes after the Nasdaq index closed lower overnight, triggering a sell-off in tech stocks. Tokyo’s Nikkei closed down at 27,498.87, a decrease of 17.66 points or 0.06%. In …