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May 14, 2021
CANBERA (dpa-AFX) - Asian stock markets snapped the losing streak and are mostly higher on Friday, after three straight sessions of losses, following the broadly positive cues overnight from Wall
May 13, 2021
Asian Markets Mostly Lower On Inflation Woes CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Thursday, extending the sharp losses of the previous two sessions, following the broadly negative cues overnight from Wall Street amid concerns about the accelerating pace of inflation following the release of the U.S. consumer prices data for April. Asian markets closed mostly lower on Wednesday. The US annual inflation rate jumped to the highest in 13 years and well above forecasts, while ...
May 12, 2021
CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Wednesday, following the negative cues overnight from Wall Street, reflecting concerns about acceleration in the rate of inflation and
May 12, 2021
Middle East & AfricaGovernments from Mongolia to Mali seek to reopen mining deals Jeff LewisHelen Reid 5 minute read Some resource-rich developing countries are seeking to rewrite mining contracts and accelerate dividend payouts, which can take years to materialize under deals that experts said are tilted in companies favor. Any move to renegotiate agreements will trigger pushback by miners wary of threats to their profit margins, experts said, and previous attempts have caused protracted dispu...
May 12, 2021
Jarden Brief: Volvo eyes IPO 12 May, 2021 08:33 PM 7 minutes to read The car company is tipped for a valuation in excess of US$20 billion. Photo / Getty Images The car company is tipped for a valuation in excess of US$20 billion. Photo / Getty Images NZ Herald Coming Up Today: The US will release Producer Price Index numbers and Initial Jobless Claims numbers. New Zealand incubated Fintech company, Xero, will release its full year earnings. Closer to home, Goodman Property and...
May 7, 2021
Asian Markets Mostly Higher CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Friday, following the broadly positive cues overnight from Wall Street on better-than-expected weekly labor market data and the ongoing surge in commodity prices. The mood is quite cautious in most of the markets in the region amid doubts about an early economic rebound due to the continuing surge in daily coronavirus in the region and the possibility of lockdowns in several areas. Asian markets ended mixed...
May 6, 2021
Asian Markets Mixed Amid Pandemic Woes CANBERA (dpa-AFX) - Asian stock markets are mixed on Thursday, following thin trading in the previous three sessions due to holidays in couple of major markets, as concerns remain about the continuing surge in daily coronavirus cases in most markets in the region and the related restrictions or lockdown in several areas restricting economic activity. Asian markets closed mixed in thin trading on Wednesday. Meanwhile, U.S. Treasury Secretary Janet Yellen ea...
May 5, 2021
Asian Markets Mixed Amid Thin Holiday Trading CANBERA (dpa-AFX) - Asian stock markets are mixed on Wednesday in thin holiday trading, following the mixed cues overnight from Wall Street, as traders are refraining from making major moves amid the continued surge in coronavirus cases in most of the markets in the region, particularly in India and Japan. Major markets in China, Japan and South Korea are also closed for holidays. Asian markets closed mostly higher on Tuesday. Additional selling pre...
May 4, 2021
Asian Markets Mixed Amid Cautious Trades CANBERA (dpa-AFX) - Asian stock markets are mixed on Tuesday, following the mixed cues overnight from Wall Street as traders remain worried about the pace of global economic recovery amid a renewed spike in coronavirus cases in the region, with restrictions and lockdowns in several areas. Markets in China and Japan are closed for holidays. Asian stocks ended mostly lower on Monday. The Australian stock market is modestly higher in choppy trading in posit...
May 4, 2021
ASX firms 0.6pc to within 100 points of record high Share The Australian sharemarket came within 100 points of hitting a fresh record high on Tuesday after the Reserve Bank of Australia gave an upbeat assessment of the domestic recovery. The S&P/ASX 200 Index climbed 39.1 points, or 0.6 per cent, to 7067.9, just 1.3 per cent shy of its record high of 7162.5. After a firm start to the day’s trading, the market rallied in the early afternoon before dipping slightly after the RBA meeting. The RB...