Asian equities markets are all trading lower today on renewed concerns about the coronavirus outbreak. The Hang Seng Index is down 1.79% or 487.9 points at 26,820.9. Meanwhile, South Korea’s KOSPI is in the red by 3.87%. As for the Shanghai Composite Index, it incurred a 0.28% loss for the [...]
Asian indices ended lower amid growing fears about the economic impact of the coronavirus outbreak. South Korea reported 52 new coronavirus cases. China has confirmed over 75,000 cases, with the death toll rising to 2,236. The central bank of China in a move to offset the coronavirus impact, cut the [...]
Asian stocks finished mixed today after PBOC cut the benchmark one-year prime rate by 10 bps, and the five-year prime rate by 5 bps. Yesterday the People’s Bank of China cut the one-year medium-term lending rate to 3.15% from 3.25%. China as it has already said will use all available [...]
Asian indices run higher today as investors increased bets that China will intervene with cash injections to support the coronavirus struggling economy. New coronavirus cases in China continued to fall, with 1,749 new confirmed infections and 136 additional deaths. The coronavirus death toll has now passed 2,000. Wall Street managed [...]
A warning from Apple Inc. (AAPL) that it will not match the Q2 revenue forecasts due to supply disruption on iPhone and weaker demand from China. The death toll neared 1900 while there are over 72430 confirmed cases. Many entertainments and sports events have been cancelled in China to avoid [...]
Asian stock indices started the week mixed as investors trying to reaccess the risk from the coronavirus outbreak and the impact on the global economy. The Nikkei 225 index finished lower after Japan's economy shrunk by 6.3% in the fourth quarter. Above that the Japan Industrial Production came in at [...]
Asian equities markets were mixed in today’s trading as investors digest the surge in yesterday’s coronavirus cases. The Nikkei 225 spent another day in the red. It finished today’s trading with a 140.1 point-loss at 23,687.6. Meanwhile, the Hang Seng Index and Shanghai Composite Ind are both trading in the [...]
Risk aversion sparked by a spike in the number of coronavirus cases is dominating market sentiment in today’s trading. The Nikkei 225 closed with a 33.5 point or 0.14% loss at 23,827.7. Meanwhile, the Hang Seng Index is down around 80 points or 0.30% at 27,747.1. As for the Shanghai [...]
Just like their US counterparts, Asian stock markets scored gains in today’s trading as coronavirus fears abated on optimistic remarks by central bankers. The Nikkei 225 finished 175.3 points or 0.74% in the green at 23,861.2. Meanwhile, the Hang Seng Index extended its gains today, trading around 300.0 points or [...]
The Nikkei 225 was closed for today’s trading as Japan celebrates its National Foundation Day. However, Hong Kong and mainland Chinese stocks traded higher in today’s trading as market sentiment improved. The Hang Seng Index is trading higher by almost 370 points or 1.32% at 27,609.5. The Shanghai Composite Index [...]
