Shares finished Friday with a slight gain, bringing another tough week to a close but investors remain on edge owing to rising China-US tensions. The Hang Seng Index rose 0.32 percent, or 86.80 points, to 27,353.93. The benchmark Shanghai Composite Index was barely moved, inching up 0.48 points to 2,852.99, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.49 percent, or 7.34 points, to 1,496.03. Source : AFP
Tokyo shares closed lower on Thursday with key high-tech shares hit as US-China trade and tech disputes intensified. The benchmark Nikkei 225 index lost 0.62 percent, or 132.23 points, to 21,151.14, while the broader Topix index slipped 0.36 percent, or 5.63 points, to 1,540.58. Source: AFP
Japans Nikkei dropped on Thursday morning after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. The Nikkei share average declined 0.9% to 21,101.14 in midmorning trade. Tech shares were sold heavily after media reports on Wednesday said the United States was considering sanctions on video surveillance firm Hikvision. TDK Corp dived 6.4%, Advantest Corp tumbled 4.1%, Tokyo Electron shed 2.5%, and Sony Corp slid 3.6%. Source: Reuters
Tokyo shares opened lower Thursday, following drops on Wall Street as US-China trade and tech disputes continued to intensify. The benchmark Nikkei 225 index lost 0.47 percent, or 100.50 points, to 21,182.87 in early trade, while the broader Topix index slipped 0.39 percent, or 6.09 points, to 1,540.12. Source: AFP
Hong Kong stocks rose Wednesday, in line with a broad advance across Asia and following a positive lead from Wall Street, though investors remain on edge over tensions between China and the United States. The Hang Seng Index added 0.18 percent, or 48.70 points, to 27,705.94. But the benchmark Shanghai Composite Index fell 0.49 percent, or 14.27 points, to 2,891.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.51 percent, or 7.83 points, to 1,540.85. Source : AFP
U.S. stocks ended lower at the closing bell on Wednesday after a raft of weaker-than-expected earnings from retailers overshadowed the Federal Reserve's minutes where it reiterated the central bank's patient stance. The S&P 500 fell 0.3% to finish around 2,856. The Dow Jones Industrial Average retreated 101 points, or 0.4%, to end near 25,776. The Nasdaq Composite was down 0.4% to finish around 7,751. Shares of Lowe's Cos. and Nordstrom Inc. fell 9% and 12%, respectively, after both delivered worse-than-expected first-quarter earnings. The Fed's minutes from its most recent meeting...