Asia stocks mixed as uncertainty surrounding omicron variant lingers

SINGAPORE – Stocks in Asia Pacific struggled for direction in trading Thursday, as concerns about the economic impact of the omicron Covid variant continued to weigh on investor sentiment. Hong Kong’s Hang Seng Index rose 0.38%, reversing earlier losses. However, shares of Razer in the city fell more than 12% in choppy trade. The company … Read more

omicron Covid, China factory activity, oil prices

SINGAPORE – Major markets across Asia Pacific rebounded on Wednesday, after the previous day’s losses brought on by renewed uncertainty over the Omicron-Covid variable. South Korea’s Kospi advanced gains regionally, rising 2.17% after tumbling more than 2% on Tuesday. Hong Kong’s Hang Seng also saw solid gains, rising 1.4% after falling the previous day. Stocks … Read more

Chinese factory activity data for November, oil prices

SINGAPORE – Shares in the Asia-Pacific region mostly rose in trading on Tuesday as Japanese stocks led gains regionally, with investors reacting to the release of Chinese factory activity data for November. Japan’s Nikkei 225 is up 1.26% while Topix is ​​up 1.41%. Stocks in mainland China rose, with the Shanghai Composite advancing 0.29% while … Read more

UK inflation, currencies and oil prices

Employees wearing protective masks work in the trading room at the headquarters of Daiwa Securities Group Inc. In Tokyo, Japan, on Thursday, October 14, 2021. Toru Hanai | Bloomberg via Getty Images SINGAPORE – Asia-Pacific markets were mixed on Thursday, after overnight losses on Wall Street, as shares in Japan, South Korea, Hong Kong and … Read more

SoftBank Group up after share buyback plan

SINGAPORE – Shares in the Asia-Pacific region rose on Monday, following overnight gains on Wall Street that pushed major indexes to record closing levels. Meanwhile, bitcoin has hit a record high. Shares of Japanese giant SoftBank Group rose 10.1% after the company announced on Monday a plan to buy back up to 1 trillion yen … Read more

China October exports growth, oil and currencies

SINGAPORE – Shares in the Asia-Pacific region mostly fell in Monday morning trading as investors reacted to Chinese trade data released over the weekend. South Korea’s Kospi led losses among the region’s major markets, dropping 1.19%. Stocks in mainland China were also lower, with the Shanghai Composite down 0.1% and the Shenzhen component down 0.231%. … Read more

Chinese property stocks fall, developer Kaisa shares halted

SINGAPORE – Shares in Asia Pacific were mixed on Friday, with shares in Hong Kong leading losses among the region’s major markets. Hong Kong’s Hang Seng Index is down 1.6% in early trade. Stocks in mainland China were also lower, with the Shanghai Composite down 0.37% while the Shenzhen component slipped 0.14%. Shares of Chinese … Read more

Asia stocks rise after Fed announces plans to start tapering bond purchases

The Fed announces tapered plans The Federal Reserve announced on Wednesday that it will begin reducing the pace of monthly bond purchases later this month. The move was in line with market expectations after a string of earlier signals from the US central bank that it would begin to wind down the program that had … Read more

Asia-Pacific stocks mixed; Kakao Pay shares soar in South Korea debut

SINGAPORE – Stocks in the Asia-Pacific region were mixed in Wednesday morning trading as investors looked to the end of the US Federal Reserve’s two-day meeting for evidence of tapering. Australia’s S&P/ASX 200 led the gains among the region’s major markets jumping about 1.2%, with shares of Commonwealth Bank of Australia and BHP up at … Read more

China’s factory activity in October, oil prices

SINGAPORE – Shares in the Asia-Pacific region were mixed in trading Monday as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October. Japanese stocks led the gains regionally, with the Nikkei 225 index jumping 2.17% in morning trading, with shares of Fast Retailing up nearly 5%. Topix is … Read more