Asian stocks lose gains made on shorter Chinese quarantine as recession fears linger

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic chart displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, on 7 March 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Register TOKYO, June 29 (Reuters) – Asian stock markets fell on Wednesday, extending Wall … Read more

Stocks Extend Bear Market Rebound as Inflation Anxiety Eases

MILAN/TOKYO, June 27 (Reuters) – Global stocks extended their rebound on Monday, building on Wall Street’s strong close on Friday, as off-peak oil prices helped improve sentiment and temper fears of prolonged inflation. Strong morning gains in Europe and a rally in Asian markets after China further eased COVID-19 restrictions lifted MSCI’s benchmark index for … Read more

Asian stocks fall, without dodging the risks of recession

People walk past an electronic screen showing Japan’s Nikkei stock price index inside a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Register Asian scholarships: S&P futures lose first gains, Nikkei slips more than 1% Fed chairman expected to give hawkish testimony this week Euro … Read more

Shock Swiss rate hike puts markets on edge; The BOJ holds

Pedestrians are reflected in a window in front of a chart displaying share prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Join now for FREE unlimited access to Register The SNB raises 50 basis points, the franc soars, the dollar slips Stock markets tumble as further … Read more

Fed risk crushes stocks; dollar, bond yields soar

NEW YORK, June 14 (Reuters) – Global stocks fell for the second straight day on Tuesday as government bond yields and the U.S. dollar clung to multi-year highs as inflation soared led investors to prepare for what could be the biggest US market. interest rate hike in 28 years this week. Surprisingly strong US inflation … Read more

Global stocks near 2022 lows on inflation fears

LONDON, June 13 (Reuters) – Global stocks fell to fresh 2022 lows and the Japanese yen slipped to levels not seen in nearly a quarter century on Monday as searing U.S. inflation fueled concerns about even more aggressive policy tightening in a big week for central banks. The significantly higher-than-expected U.S. CPI print on Friday … Read more

In the “miracle” city of Shenzhen, fears for China’s economic future

SHENZHEN, China, June 13 (Reuters) – David Fong moved from a poor village in central China to the booming city of Shenzhen in 1997. Over the next 25 years, he worked for a succession of manufacturers strangers before building his own multimillion-dollar company making everything from schoolbags to toothbrushes. Now 47, he plans to expand … Read more

Asia braces for US inflation, euro up on ECB bets

A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Register Asian scholarships: Nikkei plunges 0.3%, S&P 500 futures firm Euro at 7-year high against yen ahead of ECB … Read more

Global stock markets rally, Treasury yields fall on inflation data

US consumer spending rises, rising inflation slows Wall Street rallies and ends a weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday as the yield on benchmark U.S. Treasuries fell after data showed U.S. consumer spending rose in April and … Read more

Stock market rebound falters, UK inflation hits 40-year high

LONDON, May 18 (Reuters) – A rebound in equities petered out on Wednesday as concerns over the outlook for economic growth and rising inflation rattled sentiment, while a British inflation reading of 9 % highlighted just how much interest rates could rise. Asian stocks managed to post their fourth consecutive session of gains, but in … Read more