The United States ordered a blockade of Venezuelan oil tankers because the Trump administration believes President Nicolás Maduro's regime is acting detrimentally to the United States and the world. Trump has labeled the Venezuelan government a "foreign terrorist organization" and accused the regime of asset theft, terrorism, drug trafficking, and human trafficking. He has therefore decided to block tankers sailing in and out of Venezuela as part of an economic and political pressure campaign. This move is also part of a broader US pressure campaign, including the seizure of tankers...
The Hang Seng slipped 34 points, or 0.13%, to close at 26,485 on Thursday, swinging from a rally in the previous session and following a subdued morning trade. A retreat from record highs on Wall Street Wednesday rattled sentiment, ahead of the U.S. PCE Index, the Fed's preferred inflation gauge. Investors also turned cautious before China's National Day and mid-autumn holidays next week. Losses in property and financial shares weighed on the benchmark index, mirroring weakness in mainland stocks despite the central bank's action to conduct a CNY 600-billion one-year MLF operation to...
European stocks slipped into the red on Thursday, with both the STOXX 50 and STOXX 600 down 0.6%, following a subdued session the day before. Market sentiment turned cautious as traders weighed the monetary policy outlook—particularly from the Federal Reserve—amid a series of scheduled speeches from officials today. Economic data offered little support. Germany's GfK survey showed consumer confidence remains weak, while French figures also disappointed. In contrast, EU passenger car registrations rose in August. Sector performance was mixed. Healthcare led losses, with Siemens Healthineers...
The Nikkei 225 climbed 0.27% to 45,755 while the Topix added 0.47% to 3,185 on Thursday, marking a third straight day of gains as investors brushed off a tech-driven selloff on Wall Street. US equities fell for a second session overnight on concerns about record-high valuations, complex interdependencies in the AI sector and uncertainty over the Federal Reserve's policy path. Domestically, minutes from the Bank of Japan's July meeting indicated policymakers remain inclined to raise rates further if economic and price conditions evolve as expected. Investors now await Friday's Tokyo...
The Hang Seng Index started the day with a marginal increase of 17 points or 0.06%, reaching 26,536 points. Concurrently, the H-share index dropped by 5 points or 0.05%, standing at 9,437 points, while the technology index saw a decline of 8 points or 0.13%, closing at 6,314 points. In the tech sector, stock movements were varied: Tencent rose by 0.3%, Alibaba remained unchanged, Meituan dropped by 0.5%, Xiaomi Group remained stable, JD.com rose by 1.8%, and Kuaishou saw a decrease of 1%. Individual developments were observed in financial stocks, with HSBC Holdings rising by 0.3%, AIA...
The Nikkei 225 weakened 0.1% to 45,600, while the Topix gained 0.2% to 3,177 on Thursday, as Japanese equities lacked a clear direction due to pressure on technology stocks. This followed two consecutive days of declines in major US indexes, driven by concerns over record-high valuations and complex interdependencies in the AI sector. Domestically, minutes of the Bank of Japan's July meeting suggested that policymakers remain inclined to raise interest rates further if economic and price conditions develop as expected. Investors are now eyeing Friday's Tokyo inflation data, a key...
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...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...