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On Thursday, Asian equities were narrowly mixed, with mere movement with Hong Kong carrier Cathay Pacific in the spotlight.
The Nikkei 225 went down 0.07%, Australia's S&P/ASX 200 sank 0.07%, the Hong Kong index stood intact, and the Shanghai Composite soared 0.38%.
A first-half loss of HKD 2.05 billion – that’s what Cathay Pacific reported on Thursday. The company attributed its mediocre performance in the first half of 2017 to surging competition as well as higher fuel prices. The company’s equities stood still.
Overnight, American shares concluded higher, shaking off poor American housing data along with earlier dismal sentiment following Donald Trump's intention to have his manufacturing council disbanded amid a raft of CEO exits.
Then, traders shifted their attention to the minutes from the Fed’s July gathering later in the trading session that showed members were split on the path of rate lifts considering the slowdown in inflation.
On Friday, British blue-chip equities went down, getting back to negative territory after American leader Donald Trump told that he was geared up towards slapping duties on some $500 billion in China’s imports, potentially boosting his administration’s…
On Friday, Asian stocks concluded the trading session generally up, underpinned by a sag in the Chinese Yuan versus the evergreen buck, although trade uncertainty kept putting pressure on global markets…
On Friday, American futures suddenly slumped after US leader threatened to slap duties on all Chinese goods…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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