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Asian Stocks Down as Chinese Crackdown Impact Continues
Asia

Asian Stocks Down as Chinese Crackdown Impact Continues

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% by 10:39 PM ET (2:39 AM …

Asian Stocks Down as Chinese Crackdown Impact Continues
Asia

Asian Stocks Up, Reassuring Fed Comments Calm Investor Nerves

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 from its own monetary policy meeting earlier …

Asian shares hit one-week lows on renewed virus scare, inflation worry
Asia

Asian shares tick up U.S. data bolsters reopening hopes

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 in May, the Institute for Supply …

Asian Stocks Down as Chinese Crackdown Impact Continues
Asia

Asia shares track Wall Street higher as inflation worries recede

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, after U.S. stocks ended the previous …

Sensex Tops 60,000 For First Time, Nifty Above 17,900 Led By Infosys
Asia

Asian shares spooked by U.S. inflation alarm, yield jump

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, given the likely rates response,” said …

Sensex Tops 60,000 For First Time, Nifty Above 17,900 Led By Infosys
Asia

Asian Stocks Up Over Growing Expectations of Lower Interest Rates

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 jumped 1.37%. In Australia, the ASX 200 rose …