By Administrator_India Capital Sands Global stock markets grappled with contagion fears on Tuesday, sparked by troubles at China Evergrande as growing risks the property giant could default on its massive debt pile prompted investors to flee riskier assets. Asian markets were jittery in volumes thinned by public holidays in China,Continue Reading
By Administrator_India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning, following the downward trend set by their U.S. counterparts. A crackdown in China from earlier in the week continues to have a ripple effect, while the latest U.S. megacap technology earnings were mixed. Japan’s Nikkei 225 fell 1.16% byContinue Reading
By Administrator_India Capital Sands Asian shares slipped to a one-week low on Monday and perceived safe haven assets, including the yen and gold, edged higher amid fears of rising inflation and a surge in coronavirus cases, while oil prices fell on oversupply worries. MSCI’s broadest index of Asia-Pacific shares outsideContinue Reading
By Administrator_India Capital Sands Asia Pacific stocks were mostly up Wednesday morning, with reassuring comments from U.S. Federal Reserve officials on inflation and monetary policy starting to calm investors’ frayed nerves. Japan’s Nikkei 225 edged up 0.16% by 10:11 PM ET (2:11 AM GMT), with the Bank of Japan released the minutes fromContinue Reading
By Administrator_India Capital Sands Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy. U.S. manufacturing activity rose inContinue Reading
By Administrator_India Capital Sands Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1% at a two-week high, afterContinue Reading
By Administrator_India Capital Sands Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. “Higher inflation is a definite negative for equities, givenContinue Reading
By Administrator_India Capital Sands Asia Pacific stocks were up Monday morning over mounting expectations that interest rates will remain low, thanks to inflationary pressure. Meanwhile, a cyber-attack on a U.S. pipeline operator caused oil and gas prices to jump. Japan’s Nikkei 225 gained 0.80% by 10:49 PM ET (2:49 AM GMT) and South Korea’s KOSPI jumpedContinue Reading
By Administrator_India Capital Sands A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible U.S. capital gains tax hike. Modestly firmer equity markets contrasted withContinue Reading
By Administrator_India Capital Sands Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed U.S. client, and will gather and share information on the matter with the Bank of Japan and overseas authorities, the finance minister said. Taro Aso’s comments come afterContinue Reading
