Australian equities ascend
On Monday, Australian shares managed to surge after the close…
Asian stocks mostly decline with Trump-Xi meeting awaited
On Thursday, Asian stocks mostly eased, with traders eagerly waiting for the tone of summit talks with Chinese President Xi Jinping in Florida.
Japanese markets dropped on a stronger yen with the Nikkei 225 sliding 1.40%.
Additionally, Toshiba sacked the chairman of Westinghouse Electric, its American nuclear subsidiary, before the latter dared to file for bankruptcy the previous week. As a result, the Japanese conglomerate faces billions of US dollars in losses because of huge cost overruns incurred by Westinghouse. In Asia trade Toshiba stocks stood still.
The Shanghai composite grew 0.15%, Hong Kong's benchmark Hang Seng Index lost 0.48%. The Caixin services PMI for March in China hit a six-month minimum of 52.2, which is below expectations.
Overnight, American stocks closed lower after the Fed minutes from its March gathering. The major US bank dropped a hint that it would start shrinking its $4.5 trillion balance sheet later in 2017.
Similar
Asian equities stabilize
On Monday, Asian stocks were generally intact because traders took stock of recent data dropping a hint that global surge might be stabilizing…
Turkey stocks head south at close of trade
On Friday, Turkey stocks headed south after the close due to the fact losses in the Tourism, Transport, and Real Estate Investments sectors led shares down…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan real wages surge is slowest in almost two years
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Deposit with your local payment systems
