China RRR cut, Dow jumps on omicron optimism

SINGAPORE – Stocks across the Asia-Pacific region jumped on Tuesday, recovering from Monday’s losses as Wall Street rebounded on optimism that the risks of the omicron variable may not be as bad as feared. Hong Kong’s Hang Seng is up 1.29%, as casinos and real estate stocks are up. Some technology stocks also rebounded slightly … Read more

Japan markets set to dip; investors monitor bitcoin volatility

SINGAPORE – Japanese markets were set to fall on Monday, while investors will be watching bitcoin prices after they fell sharply over the weekend. The Nikkei 225 index futures contract in Chicago was 27,880 while its counterpart in Osaka was 27,790. This compares to the last close of the Nikkei 225 index at 28,029.57. Australia’s … Read more

Asia-Pacific markets mixed; Chinese tech stocks in Hong Kong drop

SINGAPORE – Asia-Pacific markets were mixed on Friday, after days of turbulent trading this week as investors continue to monitor the situation surrounding the Omicron COVID variant. Chinese technology shares tumbled in Hong Kong after transportation giant Didi announced on Friday that it would begin taking steps to delist from the New York Stock Exchange … Read more

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

Global markets rattled by omicron vaccine worries

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 27, 2021. Brendan McDermid | Reuters LONDON – Global markets have been shaken again by fears that the new alternative, Omicron, to Covid-19 may evade vaccines. Although health authorities have said it will take several weeks to get … 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

Investors continue to watch omicron Covid variant

SINGAPORE – Stocks in Japan looked poised for a lower open Monday as investors in Asia monitor developments surrounding the recently discovered omicron Covid variant. The Nikkei Futures in Chicago was at 28365, versus the Nikkei 225 last closed at 28751.62. Shares in Australia were lower in morning trade with the S&P/ASX 200 index down … Read more

South African rand takes hit on new Covid fears, variant

South African Rand. RapidEye | iStock | Getty Images On Friday, the South African rand fell sharply against the dollar after discovering a new variable with many booms in the country. The currency fell as low as 16.2391 per dollar during Asian trading hours on Friday and was last trading 1.6% weaker at 16.2215 per … Read more

Japan’s Nikkei 225 drops more than 2% as Asia-Pacific markets slip amid renewed Covid fears

SINGAPORE – Shares in the Asia-Pacific region fell in trading on Friday, with Japanese shares leading losses regionally. Japan’s Nikkei 225 is down 2.37% as SoftBank Group shares are down more than 4% while Topix is ​​down 1.86%. The Hang Seng in Hong Kong also saw significant losses as it fell 1.73%. In China, the … Read more