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The S&P Global Hong Kong SAR PMI eased to 51.1 in December 2024, down from 51.2 in November, marking the third consecutive month of private sector expansion, though at its slowest pace in the current sequence. Growth in new business softened as demand from both Mainland China and international...
European markets were higher Monday afternoon in a choppy session, as investors reviewed the geopolitical situation in the Middle East. The pan-European Stoxx 600 was up 0.54% at 3:23 p.m. London time. The index was initially higher as trading began on Monday, before reversing course into...
Hong Kong's equities climbed 148 points or 0.7% to 20,647 in early deals on Wednesday, increasing for the second session as gains were widespread across all sectors. Traders were upbeat after some local financial institutions in China Tuesday tapped a swap facility from the PBoC to revive the...
Japanese Stocks Track Wall Street Lower, The Nikkei 225 index fell 0.9% to around 38,600 while the broader Topix index fell 0.4% to 2,670 on Tuesday, hitting its lowest level in more than two weeks and taking cues from a weak lead on Wall Street overnight as Treasury yields surged on signs of...
Gold prices inched higher on Wednesday, as U.S. Treasury yields eased, while market participants waited for more U.S. economic data to determine the number of interest rate cuts the Federal Reserve is likely to deliver in the near term. Spot gold rose 0.3% to $2,667.97 per...
Most Asian stocks fell on Wednesday, as technology shares, particularly chipmakers, were battered by a weak outlook from industry bellwether ASML. Cooling optimism over Chinese stimulus measures also weighed, with Chinese markets mostly extending steep losses from the prior session. Regional...
The Nikkei 225 Index jumped 0.77% to close at 39,911 in post-holiday trade on Tuesday, hitting its highest levels in twelve weeks and taking cues from a strong lead on Wall Street overnight where the Dow and S&P 500 reached new record highs. The broad-based Topix Index also gained 0.64% to...
European stocks are heading for a positive open Tuesday, with global markets broadly tracking gains on Wall Street. The U.K.’s FTSE 100 index is expected to open 40 points higher at 8,324, Germany’s DAX up 86 points at 19,586, France’s CAC up 27 points at 7,621 and Italy’s...
The Nikkei 225 Index climbed 0.57% to close at 39,606 on Friday, rising for the third straight session and reaching its highest levels in two weeks. Those moves came even after Wall Street tumbled overnight following hotter-than-expected inflation data and disappointing jobless claims numbers in...
The Nikkei 225 Index climbed 0.5% to above 39,500 on Friday, rising for the third straight session and reaching its highest levels in two weeks. The broad-based Topix Index also gained 0.3% to 2,720. Those moves came even after Wall Street tumbled overnight following hotter-than-expected...
Asia-Pacific markets opened mostly higher Friday, breaking ranks with Wall Street that saw key benchmarks slide as investors digested a sticky U.S. inflation report. Investors in Asia are also focused on policy decisions from the Bank of Korea on Friday. South Korea’s central bank is expected to...
European markets moved lower Thursday morning as investors await the latest U.S. inflation data for more signs that price pressures are easing. The pan-European Stoxx 600 was down 0.14% by 9:35 a.m. London time, with most sectors and major bourses shifting into the red. Insurance stocks led...
Hong Kong Stock Market Hong Kong’s equities soared 574 points, or 2.8%, to 21,211 in Thursday’s morning session after plummeting in the prior two sessions, boosted by record-high closes on Wall Street’s S&P 500 and Dow overnight, as investors downplayed escalating Middle East tensions and...
Chinese stocks rebounded amid bets that the government will unveil fresh fiscal stimulus at a planned Saturday briefing. The CSI 300 Index rose as much as 2.2% early Thursday, following a 7.1% plunge in the prior session in its worst day since 2020. An index of Chinese stocks listed in Hong Kong...
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market. The People's Bank of China (PBOC) said eligible securities firms, fund...
Topix Index added 0.4% to 2,718 on Thursday, extending gains from the previous session and tracking a rally on Wall Street . overnight as markets braced for the latest US consumer inflation report. Local equities also continued to benefit from a weaker yen which fell toward its lowest levels...
Most Asian stocks rose on Wednesday with technology shares tracking gains in their U.S. peers, while Chinese markets fell sharply as investors were disappointed by a lack of details on more stimulus measures. Regional markets took a positive lead-in from Wall Street, as a rally in technology...
The Hang Seng Index plunged 2,173 points, or 9.4%, finishing at 20,927 on Tuesday after surging in the previous two sessions, as investors took profits following the index's rise to its highest level since early 2022. Market sentiment was further dampened by disappointment over a media briefing...
European markets are heading for a mixed open Tuesday as regional sentiment sours further after a shaky start to the week, with investors watching the conflict in the Middle East closely and its potential impact on oil markets, supply chains and the global economy. Elsewhere overnight, U.S. stock...
