Showing 1-10 of 11 results
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Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
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Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
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Asian shares advance on China stimulus hopes
Published on 10/02/2024
» RECAP: Stocks in Asia recorded a third straight weekly gain before many markets closed for Chinese New Year, after a flurry of stimulus announcements from China as it attempted to stem a severe equity market slump.
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Asian shares advance after US tech rally
Business, Published on 03/02/2024
» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.
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Asian rally on pause as China news awaited
Business, Published on 27/01/2024
» RECAP: The rally in most Asian markets was interrupted yesterday, with profit-taking seen in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.
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Improving rate-cut outlook buoys equities
Published on 23/12/2023
» RECAP: Shares advanced in most Asian markets yesterday after US stocks resumed a rally fuelled by fresh data that backed the case for the Federal Reserve to cut interest rates more than currently anticipated.
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Asian equity rally powered by rate-cut optimism
Business, Published on 16/12/2023
» RECAP: Most Asian equities extended their rallies yesterday, while currencies held onto recent gains amid a bout of Fed-fuelled optimism, after the US central bank flagged likely rate cuts next year.
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Most Asian markets rise ahead of US job figures
Business, Published on 07/10/2023
» RECAP: Hong Kong led the charge as most Asian markets posted gains yesterday, shrugging off Wall Street losses ahead of US employment data due later in the day.
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Brokers tip tourism, healthcare stocks
Published on 06/09/2023
» Brokerages recommend stocks in the tourism and healthcare sectors, which are expected to benefit the most from the new government's short-term economic stimulus, as policies to lift the tourism sector can be implemented immediately without waiting for the fiscal 2024 budget.
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Chinese measures cheer investors
Business, Published on 02/09/2023
» RECAP: Asian shares edged higher yesterday as China stepped up efforts to support the property sector and stabilise the yuan, though investors remained cautious ahead of US jobs data that could influence interest rates.
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