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Asian equities witness foreign outflows for third month in March - Vimarsana News

Asian equities witness foreign outflows for third month in March

3 Min Read (Reuters) - Foreigners were net sellers of Asian equities for the third consecutive month in March, as higher U.S bond yields and a stronger dollar prompted outflows from the region. FILE PHOTO: A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won, in Seoul, South Korea, March 23, 2020. REUTERS/Heo Ran Overseas investors sold a net combined total of $3.18 billion in South Korean, Taiwanese, Philippine, Thai, Vietnamese, Indonesian, and Indian stocks last mont...

Hong Kong stocks rally as tech shares lend support - Vimarsana News

Hong Kong stocks rally as tech shares lend support

* HSI +2.0%, HSCE +2.2%, CSI300 +1.2% * FTSE China A50 +1.3% April 1 (Reuters) - Hong Kong stocks started the month on a firm note on Thursday, led by tech players tracking overnight gains on Wall Street, as investors cheered the government spending plan in the United States and hoped for strong jobs data. ** At the close of trade, the Hang Seng index was up 1.97% at 28,938.74. The Hang Seng China Enterprises index rose 2.24% to 11,217.41. ** Leading the gains, the Hang Seng tech index and the Hang Seng IT index jumped 4.7% and 6.1% each. ** Gaming giant Tencent ended up 7.2%. ** U.S. Preside...

Hong Kong shares end slightly higher, investors await Fed outcome - Vimarsana News

Hong Kong shares end slightly higher, investors await Fed outcome

By Reuters Staff 2 Min Read March 17 (Reuters) - Hong Kong shares ended slightly higher after a volatile session on Wednesday as investors awaited the U.S. central bank’s policy meet outcome for cues on whether it could start raising interest rates earlier than it had previously said. ** Fed policymakers are expected this week to forecast that the U.S. economy will grow in 2021 at the fastest rate in decades, as the COVID-19 vaccination campaign gathers pace and a $1.9 trillion relief package washes through to households. ** At the close of trade, the Hang Seng index was up 6.43 points, or ...

Campaign group asks S&P to review Adani Ports in DJ Sustainability index - Vimarsana News

Campaign group asks S&P to review Adani Ports in DJ Sustainability index

By Reuters Staff 3 Min Read MELBOURNE (Reuters) - Environmental campaign group Market Forces has asked S&P Global to review the inclusion of India’s Adani Ports and Special Economic Zone Ltd in a Dow Jones Sustainability Index, citing its ties to the Myanmar military and role in developing a new thermal coal mine. FILE PHOTO: A general view of a container terminal is seen at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave Market Forces, which made the request on Wednesday, said in a statement that aside from Myanmar links, Adani Ports should be scrutini...

Hong Kong shares tick higher on tech, consumer boost - Vimarsana News

Hong Kong shares tick higher on tech, consumer boost

Hong Kong shares rose on Tuesday as heavyweight tech and consumer stocks tracked Wall Street's advance on hopes that the U.S. Federal Reserve and other central banks will keep policies accommodative in meetings this week.