Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
A rally that drove stocks to a series of all-time highs ran out of steam, with Wall Street traders awaiting key inflation data and more clues on Donald Trump's transition to presidency. Equities fell after the S&P 500's biggest five-day run in a year. Following sizable post-election gains, small caps and banks lost ground. Nvidia Corp. led megacaps higher, while Tesla Inc. dropped 3% after soaring 44% in five days. Bitcoin fell after a sizzling advance that took the digital asset close to $90,000....
The Hang Seng Index fell for the third day, dropping 2.8%, or 580.05 to 19,846.88 in Hong Kong. The move was the biggest since falling 3.7% on Oct. 15. Meituan contributed the most to the index decline, decreasing 5.3%. Zhongsheng Group Holdings Ltd. had the largest drop, falling 9.6%. Today, 76 of 82 shares fell, while 6 rose; all sectors were lower, led by commerce and industry stocks. Source : Bloomberg
The Nikkei 225 index rose 0.5% to above 39,700 while the broader Topix index gained 0.9% to 2,765 on Tuesday, extending gains from the previous session and taking cues from a strong lead on Wall Street as a post-election rally sent major U.S. indexes to all-time highs. The rally was fueled by optimism surrounding a Trump victory and a possible Republican landslide in Congress, raising expectations for deregulation and tax cuts. In Japan, investors were focused on the Bank of Japan's monetary policy outlook after the latest minutes of its opinion revealed a split among policymakers over the...
The Japanese yen held steady around 153.5 per dollar on Tuesday after falling in the previous session, weighed down by a stronger dollar amid expectations that strong U.S. economic growth and aggressive trade policies under Trump will push inflation higher. At home, minutes from the Bank of Japan's October policy meeting revealed a split among policymakers over the timing of future interest rate hikes. Several members expressed concerns about global economic uncertainty and rising market volatility, particularly the ongoing yen depreciation. However, the central bank maintained its forecast...
The Nikkei 225 Index rose 0.5% to above 39,700 while the broader Topix Index gained 0.9% to 2,765 on Tuesday, extending gains from the previous session and taking cues from a strong lead on Wall Street as the post-election rally sent major US indexes to all-time highs. The rally was fueled by optimism around Trump's victory and the possibility of a Republican sweep in Congress, which raised expectations for deregulation and tax cuts. In Japan, investors were focused on the Bank of Japan's monetary policy outlook after the latest summary of opinions revealed a division among policymakers...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...