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Asian shares hit 1-year peak as US rate hike chances fadeAsian shares hit a one-year high on Monday after disappointing US economic growth data reduced expectations that the US Federal Reserve will raise interest rates in the next few months. US gross domestic product increased at a 1.2 More… |
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Oil prices top $50, Asian shares struggleBrent crude oil rose above $50 a barrel for the first time in nearly seven months on Thursday but Asian shares struggled to gain traction, with worries about US interest rates and China's slowing economy keeping many investors on the sidelin More… |
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Asian shares, dollar firm; eyes on US data, FedThe dollar remained firm and Asian stocks edged higher on Monday after fairly strong consumer spending led to an upward revision in US economic growth in the fourth quarter, helping to underpin investor sentiment. "As long as More… |
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Asian shares hit 2-month high as oil reboundsAsian shares hit two-month highs on Monday, extending their sharp gains in the previous four sessions, following upbeat US jobs data and rebound in oil commodity prices. Investors also look to Chinese markets' reaction to Beij More… |
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Asian shares firm as focus turns to China PMIAsian shares were solidly higher on Tuesday, shrugging off one Chinese factory survey that did little to ease persistent concerns about cooling growth in the economy, while a private survey showed a hint of stabilisation. MSCI' More… |
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Asian shares steady as markets await ECB meetAsian shares were mixed on Thursday after a sharp fall in mainland Chinese shares rekindled worries about the health of China's economy, while investors awaited word from the European Central Bank on its plans regarding additional stimulus. More… |
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Asian shares slump on global growth fearsAsian shares tumbled on Monday after the US Federal Reserve's decision to keep interest rates at record lows raised fresh concerns about growth globally, particularly in China. MSCI's broadest index of Asia-Pacific shares More… |
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Asian shares slip over downbeat China PMIsAsian shares fell on Tuesday and the dollar struggled after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy. China's off More… |
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Gold falls 2pc as dollar regains strengthUS gold fell 2 percent on Wednesday to its lowest in nearly two months, tracking cash gold prices, as the dollar retained its strength The dollar index rose to an 11-month high, Asian shares drifted lower and the euro weakened after the U More… |
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Asian shares hit 7-month highs, oil at $59Asian shares climbed to their highest level in seven months on Tuesday on fresh hopes the global recession is easing, and oil hovered at six-month peaks as supply concerns helped buoy up prices. The dollar struggled, as did the yen, after More… |
