|Day's range||20,593.72 - 20,593.72|
|52-week range||18,948.58 - 24,448.07|
The benchmark ASX 200 rose fractionally in early trade with the energy sector adding about 0.75 percent while some of the major banking stocks struggled for gains.
The MSCI global stock index ended Wednesday's choppy trading session with a small gain as worries over U.S. politics, global economic growth and trade tensions were countered by a boost from quarterly ...
SINGAPORE (AP) — World stock markets were subdued Wednesday as news of possible hiccups in U.S.-China trade talks ratcheted up growth worries.
Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets. MSCI's broadest index of Asia-Pacific shares outside Japan was mostly unchanged, stalling after climbing to a seven-week high on Monday. Australian stocks were a shade lower and Japan's Nikkei nudged up 0.2 percent.
*FT report on U.S.- China talks rekindle trade worries. Japan's Nikkei dropped 0.7 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent. White House economic adviser Larry Kudlow denied the report, helping U.S. equities pare some losses though the fresh concerns about U.S.- China relations kept share prices in check.
On Wall Street, stocks dropped to their lows of the day following a Financial Times story which said the U.S. had canceled a trade meeting with Chinese officials. The report was later confirmed by a source familiar with the situation to CNBC's Kayla Tausche. Major stock markets in Asia ended mixed on Wednesday amid concerns over the state of ongoing U.S.-China trade negotiations, after reports emerged that the White House canceled a trade planning meeting with Beijing this week.
Taiwan's Foxconn, assembler of Apple Inc's iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs. The world's largest contract manufacturer, formally known as Hon Hai Precision Industry Co Ltd, said in a stock exchange filing that changes in employee numbers were part of its usual adjustments based on global strategy and clients' needs. Last week, the Nikkei reported that Foxconn had let go around 50,000 contract workers in China since October, months earlier than normal.
The International Monetary Fund reduced its estimate for global growth on Monday, cautioning that the economic momentum seen in recent years is slowing. The revision in its forecast comes on the back of China reporting its slowest growth in almost three decades last year. In the Greater China region, the Shanghai composite declined about 1.18 percent to close at around 2,579.70 and the Shenzhen component fell 1.435 percent to finish its trading day at approximately 7,516.79.
World stocks were subdued Monday after China reported its slowest economic expansion in 30 years and the International Monetary Fund cut its forecasts for global growth this year. KEEPING SCORE: Germany's ...
Asia Pacific markets started the trading week with gains despite China reporting that its economy grew at the lowest official pace in 28 years. China's economic growth came in at 6.6 percent in 2018 — the slowest pace since 1990. Fourth quarter GDP growth was 6.4 percent, which was also in line with expectations.
Foxconn, Apple’s main iPhone supplier, saw December sales fall more than 8 per cent on the previous year as Taiwan’s technology sector contracted year on year for the first time in 10 months. Taiwan’s iPhone suppliers are feeling the effects of Apple’s struggle to stir demand for its newest products. December revenues recorded by 19 Taiwanese tech companies tracked by the Nikkei Asian Review saw a 1.32 per cent drop on the year to NT$1.22tn (US$39bn), ending a consistent year-on-year rise since February.
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan's next chairman, according to the report. Nissan was not immediately available for comment.
World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight ...
U.S. stocks climbed Friday, notching their fourth consecutive week of gains, as the fears of an economic slowdown that gripped markets in December have subsided in the new year. Data showing a healthy labor market, as well as signals from central bankers that the Federal Reserve will be flexible with monetary policy, have offered relief to investors who were spooked late last year that the Fed’s pace of interest-rate increases could jolt an economy on shaky footing. “Investor sentiment has really improved from the turmoil just before Christmas,” said Brian Jacobsen, multisector strategist at Wells Fargo Asset Management.
BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war.
Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on Friday. The scale of the cuts ...
U.S.-based private equity firm Carlyle Group and Japan's biggest investment bank Nomura Holdings Inc are planning a joint takeover bid for beer maker Orion Breweries, the Nikkei reported on Friday. Both ...
Mumbai, Jan 18 (IANS) Taking a cue from global markets, the key Indian equity market indices on Friday opened higher but minutes into trading, both the indices -- Sensex of the BSE and Nifty 50 of the ...
Asia Pacific markets traded mostly higher on Friday as investors cheered a report saying American officials may be weighing the possibility of easing tariffs on China, in a bid to push forward trade talks. U.S. Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs on Chinese imports to give Beijing a reason to make deeper concessions in ongoing trade talks between the two countries, The Wall Street Journal reported Thursday, citing sources.
U.S. stocks flipped between small gains and losses Thursday after two sessions of advances as investors parsed a raft of earnings reports and trade developments. Trade and other political uncertainties have helped depress investor sentiment in recent months, given the potential implications for economic growth and corporate supply chains. Among decliners, shares of Morgan Stanley fell 4.5% after the bank’s fourth-quarter profit missed expectations. The company’s lows of the day had put the stock on pace for its largest percentage loss since June 2016.
Mumbai, Jan 17 (IANS) Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 36,321.29 points on Wednesday, opened higher at 36,413.60 points. At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,890.30 points on Wednesday, was quoting at 10,923.15 points, up by 32.85 points or 0.30 per cent.
SINGAPORE (AP) — World stock markets mostly rose on Wednesday, but fell in Britain, as investors reacted to the parliamentary defeat of British Prime Minister Theresa May's plan for leaving the European Union.
Global stock markets mostly rose Tuesday as after Chinese officials set out plans to support the world's second-biggest economy through a slowdown. Investors were also looking at corporate earnings as well as a vote later by the British parliament on a Brexit deal that has drawn strong opposition at home. Wall Street was set for small gains on the open.
Asian stocks pulled ahead on Tuesday, led by a bounce in Chinese shares as Beijing signalled more supportive measures to stabilise a slowing economy, while the British pound braced for a showdown in parliament over the government's Brexit plan. In China, the CSI300 index of Shanghai and Shenzhen shares rose 0.62 percent, seemingly supported by expectations of more government policy measures to prop-up a slowing economy. China's state planner said on Tuesday it will aim to achieve "a good start" in the first quarter for the economy in a signal of more growth-boosting steps.
Wall Street ended little changed on Friday, taking a breather following a five-day winning streak, while the dollar rebounded against most currencies from earlier losses tied to expectations the U.S. central ...