BEIJING -- Asian stock markets were mixed Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo's Nikkei 225 index fell 0.8 percent to 22,487.21 and India's Sensex lost 1.3 percent to 34,338.69. Hong Kong's Hang Seng picked up 0.5 percent to 25,571.54 and the Shanghai Composite index added 0.3 percent to 2,493.31. Sydney's S&P-ASX 200 shed 0.2 percent to 5,931.40. Seoul's Kospi added 0.2 percent to 2,153.14. Benchmarks in Taiwan, New Zealand and Southeast Asia declined. WALL STREET: Investors sold technology and internet stocks, industrials, and companies that rely on consumer spending amid worries about economic growth. The Standard & Poor's 500 index has lost 5.5 percent in volatile trading since Oct. 3. Industrial and basic materials companies that investors worry might be vulnerable to a worsening U.S.-Chinese tariff battle have taken some of the biggest losses. The S&P 500 shed 1.4 … [Read more...] about Asian stocks mixed after Wall Street skids, China slows
Asian stocks
Asian stocks slip on continuing global trade worries
Yuri Kageyama, Ap Business Writer Updated 7:51 pm PDT, Sunday, October 14, 2018 FILE - In this June 24, 2016, file photo, a man walks by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 12, 2018. FILE - In this June 24, 2016, file photo, a man walks by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 12, 2018. Photo: Richard Drew, AP Photo: Richard Drew, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this June 24, 2016, file photo, a man walks by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 12, 2018. FILE - In this June 24, 2016, file photo, a man walks by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 12, 2018. … [Read more...] about Asian stocks slip on continuing global trade worries
Asian stocks fall after IMF downgrades economic outlook
Annabelle Liang, Associated Press Updated 1:43 am CDT, Tuesday, October 9, 2018 An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Oct. 9, 2018. Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade. less An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Oct. 9, 2018. Asian markets are mixed after the IMF downgraded its economic ... more Photo: Yam G-Jun, AP An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Oct. 9, 2018. Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade. less An investor walks in front of private … [Read more...] about Asian stocks fall after IMF downgrades economic outlook
Asian stocks fall as US accuses China of election meddling
Thursday October 4, 2018 11:34 PM Asian stocks fall after US accuses China of meddling in its midterm elections Written by By ANNABELLE LIANG, Associated Press SINGAPORE (AP) — Asian markets were mostly lower on Friday after U.S. Vice President Mike Pence claimed China had meddled with its midterm elections to unsettle the Trump administration, which Beijing has denied. KEEPING SCORE: Japan's benchmark Nikkei 225 fell 0.8 percent to 23,784.64, and the Kospi in South Korea dropped 0.6 percent to 2,261.89. Hong Kong's Hang Seng fell 0.4 percent to 26,512.16. Australia's S&P/ASX 200 gained 0.3 percent to 6,193.30. Stocks fell in Taiwan, Singapore and Indonesia. Markets in Chinese mainland were closed for a national holiday. WALL STREET: A sell-off in U.S. Treasury bonds, particularly longer term ones, sent interest rates sharply higher on Thursday. Fears that higher interest rates could eventually slow economic growth by making borrowing more expensive weighed on major … [Read more...] about Asian stocks fall as US accuses China of election meddling
Asian stocks extend recovery as trade worries take back seat
By Hideyuki SanoTOKYO (Reuters) - Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new all-time high, while the dollar slipped as investors viewed Beijing's and Washington's fresh exchange of import tariffs as less harmful than initially feared.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade, extending the recovery from its 14-month low hit on Sept. 12 to 3.6 percent.Japan's Nikkei rose 0.5 percent, hitting an eight-month high. On Wall Street, trade-sensitive industrial stocks led the gains on Thursday. The Dow Jones Industrial Average rose 0.95 percent while the S&P 500 gained 0.78 percent, both hitting record highs. The latest rally comes after new U.S. and Chinese tariffs on each other's goods were set at lower rates this week than previously expected, raising hopes that hostilities between the world's two largest economies may be easing. Despite the trade risks, the outlook on corporate profit remained solid … [Read more...] about Asian stocks extend recovery as trade worries take back seat