Nikkei closes above the 28,000 mark for the first time since March. The dollar fetched 133.03 yen in Asian trade. Global markets also hailed China’s recent moves including the gradual easing. Tokyo stocks rose on Wednesday, matching gains on Wall Street, as a weaker yen boosted exporters. The Nikkei 225 index gained 1.04 percent, or … Read more
HONG KONG: Crude surged past $113 a barrel Wednesday and equities sank with investors growing increasingly fearful about the Ukraine war’s impact on global energy supplies and the economic recovery. Russian President Vladimir Putin’s invasion of his neighbour has sent world markets into a spiral over the past week, further fraying nerves on trading floors … Read more
SINGAPORE: Cryptocurrencies popped to the top of recent ranges on Monday as short-sellers bailed out in the wake of a strong week and traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment, agencies report. In Asian trade, Bitcoin rose as far as 12.5 per cent to hit … Read more
Despite of the risks for equities remain large as the dread coronavirus hits the global economy, Asian trade however clung to gains on Wednesday assisted by a bounce of Australian Shares. Reuters reported that, E-Mini futures for the S&P 500 traded 1.39% lower in Asian trade, highlighting the cautious mood. MSCI’s broadest index of Asia-Pacific … Read more
