Live updates—Japan GDP, Hong Kong cancels trading

Live updates—Japan GDP, Hong Kong cancels trading

Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images) Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific markets were lower on Friday as Japan released revised second quarter gross domestic product figures. Hong Kong cancelled trade for the whole day due to a storm warning. Japan’s Nikkei … Read more

Asia markets mixed as Japan Q2 GDP grows less than expected; Hong Kong may pause trade – CNBC

Asia markets mixed as Japan Q2 GDP grows less than expected; Hong Kong may pause trade – CNBC

Asia markets mixed as Japan Q2 GDP grows less than expected; Hong Kong may pause trade  CNBC Source link

Asia stock markets today: Live updates

Asia stock markets today: Live updates

Thu, Sep 7 2023 2:10 AM EDT Evergrande shares extend rally, climbing as much as 28% on Thursday Shares of Chinese real estate developer Evergrande continued its rally, climbing as much as 28% on Thursday — although the stock later pared gains to about 6.25% above its last close. This comes after Evergrande spiked more … Read more

Latest stocks moves, data and earnings

Latest stocks moves, data and earnings

Thu, Sep 7 2023 11:41 AM EDT European stocks close slightly lower European stocks closed slightly lower on Thursday, logging their seventh consecutive negative session amid signs of persistent inflationary pressures in the U.S. The pan-European Stoxx 600 provisionally ended down 0.16%. It represents the longest losing streak for the index since February 2018, according … Read more

Asia markets mirror Wall Street’s rally; Australia inflation softens in July

Asia markets mirror Wall Street’s rally; Australia inflation softens in July

9 Mins Ago Country Garden to issue HK$270 million worth of new shares to repay loans Chinese property firm Country Garden Holdings announced a plan to issue about 270 million Hong Kong dollars ($34.4 million) worth of new shares to repay some of its loans. The company said the new shares will issued at 77 … Read more

China and Hong Kong stocks lead gains in Asia; Evergrande shares plunge

China and Hong Kong stocks lead gains in Asia; Evergrande shares plunge

An Hour Ago Tata Steel CEO says sustainability considerations are very important for the industry as it develops Steel is a growing sector particularly in India, thereby making it “very important” for sustainability to be part of the solution, said CEO of Tata Steel, T. V. Narendran. “We’re going to have about 100 million tons … Read more

India oil minister Hardeep Singh Puri

India oil minister Hardeep Singh Puri

Despite oil trades being recently settled in the yuan and ruble, the U.S. dollar’s prominence in this market is here to stay. India’s oil and gas minister said that international payment systems “have been in place for a long time” and that to displace the dollar is “not so easy”. Oil trades have sometimes been … Read more

Asia markets mixed as investors assess private business activity reports from Australia and Japan

Asia markets mixed as investors assess private business activity reports from Australia and Japan

3 Hours Ago Japan business activity expands at faster pace in August: au Jibun bank Japan’s business activity expanded at a faster pace in August, powered by a “solid” service sector expansion, according to a private survey by the au Jibun bank. The country’s flash purchasing managers index came in at 52.6, compared with 52.2 … Read more

Asia markets mixed as China cuts 1-year loan prime rate, but leaves 5-year rate unchanged

Asia markets mixed as China cuts 1-year loan prime rate, but leaves 5-year rate unchanged

2 Hours Ago Country Garden Holdings to be removed from Hang Seng Index Chinese real estate company Country Garden Holdings is set to be removed from Hong Kong’s Hang Seng Index after the benchmark’s latest quarterly review. In its place, pharmaceutical firm Sinopharm will be added. Country Garden Services Holdings, which is a property management … Read more

Asia markets to fall as investors look ahead to China inflation data

Asia markets to fall as investors look ahead to China inflation data

An Hour Ago Indonesia’s second quarter GDP grew above analysts’ expectations Indonesia’s gross domestic product for the second quarter expanded 5.17% year-on-year, higher than analyst forecasts of a 4.93% growth, according to Refinitiv data. On a quarterly basis, the Southeast Asian nation’s GDP grew 3.86%. —Lee Ying Shan An Hour Ago Thailand’s July inflation numbers … Read more