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China stocks surge as steps to boost markets lift sentiment, CSI 300 jumps 5.5%

Chinese authorities announced a slew of measures including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings over the weekend.

China , Shanghai , Hong-kong , Chinese , China-securities-regulatory-commission , Shanghai-composite , Hang-seng , Csi-300 , Ang-seng , Hanghai-composite , Hinese-indexes

Asia Business Report

shares in evergrande, after being suspended for about 18 months, they have started trading this morning but down by about 83— 84% at the open. and this news comes as china's csi and this news comes as china's c51 300 is and this news comes as china's csi 300 is up at the open because the government announced it would halve the stamp duty on stock trading today from its current rate of 0.1%. it was expected to generate large transactions when trading starts and that is what we are seeing at the moment. of course, the country stock market performance has been quite weak this year, especially as the economic recovery from the pandemic has been a lot weaker than what economists had expected. gas prices in europe have been really volatile in the recent week because of worries that workers at liquefied natural gas or lng plants in australia could go on strike. the lng plants are operated by two

China-s , Trading , News , China-evergrande , 84 , 83 , 18 , Csi-300 , Rate , Government , Stamp-duty , Stock-trading

Asian stock markets rejoiced post-FOMC

US stock indices spooked by Fed Chair Powell post FOMC press conference while Asian stock markets outperformed.

China , United-kingdom , Hong-kong , Ukraine , Russia , Australia , Japan , Kremlin , Moskva , California , United-states , Canada

Stocks subdued, oil weakens on recession fears

SINGAPORE: Asian markets struggled for direction on Tuesday, as they grappled with worries over global growth, following weak Chinese data that knocked oil prices and commodity-linked currencies.

Germany , New-york , United-states , Australia , Taiwan , Japan , Tokyo , New-zealand , Singapore , Blackrock , South-australia , China

Asian markets in calm waters - MarketPulse

Asian markets in calm waters - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

Kuala-lumpur , Malaysia , Australia , Manila , Philippines , Shanghai , China , New-zealand , Hong-kong , United-kingdom , Singapore , Bangkok

Asian shares at 6-week highs; all eyes on Fed, US GDP


Asian shares at 6-week highs; all eyes on Fed, US GDP
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Last Updated: Apr 26, 2021, 12:58 PM IST
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Synopsis
China's blue-chip CSI 300 index fell 0.7% after hitting its highest level since April 6 earlier in the day. Australia's benchmark share index was off 0.2% with a public holiday in five of the country's eight states and territories.
AP
South Korea's KOSPI share index rose 0.7% while New Zealand shares added 0.6% and Japan's Nikkei reversed early losses to be up 0.4%.
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SYDNEY: Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising COVID-19 cases in the region weighed on sentiment, pushing oil prices lower.

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Asian equities mostly higher - MarketPulse


Asian equities mostly higher
Asia markets higher on China Trade Balance
Having suffered yesterday, Asian equities are mainly green today, with yesterday’s unloved markets in favour today. That suggests that choppy range trading and tail-chasing continue to rule the roost as equity markets, ex the FOMO-gnomes of Wall Street, search for a directional answer to sink its teeth into. Wall Street went nowhere overnight, as the US 10-year note auction passing without incident.
Overnight, some long-covering hit Wall Street on a slow news day, with the S&P 500 unchanged, the Nasdaq losing 0.36%, and the Dow Jones easing by 0.16%. In Asia, the range-trade theme continues, with futures on all three creeping higher by just over 0.05% in quiet trading.

New-york , United-states , Kuala-lumpur , Malaysia , Australia , Taiwan , Shanghai , China , Hong-kong , Singapore , Jakarta , Jakarta-raya

Asian equities refuse US buy-in - MarketPulse


Asian equities refuse US buy-in
Posted 8 hours agoSharePrint
Wall Street climbs but Asia hesitates
US equities had a mighty session overnight, powered by ISM and Non-Farm Payroll recovery hopes. However, Asia’s markets, less the sheep followers of Australia, have adopted a much more cautious tone. That is a pattern that repeated itself last week, where strong rallies on Wall Street were not replicated in Asia. Overnight the S&P 500 rose 1.44%, the Nasdaq rallied by 1.67%, and the Dow Jones finished 1.12% higher.
The schizophrenic behaviour of Wall Street last week, which spent it chasing its tail on a day-to-day basis, could be part of the reason. Doubts over the longevity of the rally overnight are as good a reason to be cautious as any. It could also be that investors globally, including Asia, are following the noise and concentrating on the seemingly effortless gains available on Wall Street. US index futures have also edged lower this morning after yesterday’s rally. Nagging Covid-19 fears in China, South Korea and Japan, mainly the latter two, may also be sapping investors’ nerves.

Kuala-lumpur , Malaysia , Australia , Manila , Philippines , Japan , Shanghai , China , Hong-kong , Singapore , Taipei , T-ai-pei

Asian equities rally - MarketPulse


Asian equities rally
Asia markets higher after Wall Street gains
Asia Pacific stock markets are off to a positive start today on the back of positive regional data and Wall Street finishing on a positive note. Overnight, the S&P 500 gained 0.37%, with technology outperforming. The Nasdaq leapt by 1.54%, with the Dow Jones almost unchanged. Month-end rotation trades dominated proceedings after the ADP data and the Biden infrastructure package caused no ructions in the US bond market. I suspect the news was priced into financial markets at a much higher level than I expected, muting its impact.
President Biden announced the first details of his highly anticipated infrastructure programme overnight. The package itself totalled around USD2.25 trillion of spending over 10 years, with approximately USD1.60 trillion of corporate tax rises phased in over 15 years. Biden did not mention the expected hike in income taxes for higher earners or on capital gains taxes, which will be needed in order to pay for the massive package.

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