Tag Archives: Financial markets

TOKYO (AP) — Asian shares were trading mixed Tuesday a day after Chinese markets reopened from a long Lunar New Year holiday. Wall Street trading was closed Monday in the United States for President’s Day. Investors were generally turning less optimistic because of expectations that higher interest rates would likely kick in soon. China’s central bank kept its 1-year loan …

TOKYO (AP) — Shares declined Wednesday in Asia after disappointingly high U.S. inflation data sent stocks sliding on Wall Street, raising prospects that interest rates will remain elevated for longer. Regional market watchers were paying close attention to the outcome of the presidential election in Indonesia, one of Southeast Asia’s biggest economies and a supplier of strategically important resources like …

TOKYO (AP) — Asian shares mostly rose Tuesday, as investors watched for the latest indicators on U.S. inflation. Japan’s benchmark Nikkei 225 added 2.2% in morning trading to 37,723.62. Australia’s S&P/ASX 200 edged up nearly 0.1% to 7,619.20. South Korea’s Kospi jumped 1.2% to 2,651.33. Trading was closed in China, Hong Kong and Taiwan for the Lunar New Year holiday. …

NEW YORK (AP) — Shares are mixed in Asia, where Chinese markets advanced after a government investment fund said it would step up stock purchases. But the gains in Shanghai, Shenzhen and Hong Kong were much smaller than recent losses. Oil prices rose and U.S. futures were mixed. China’s Central Huijin Investment, a sovereign fund that owns China’s state-run banks …