Tuesday, June 22, 2021

Tag Archives: markets

Hong Kong stocks end higher ahead of China markets reopen


* Hang Seng index rises 1.10% to highest close since June 2018 * China Enterprises index HSCE rises 1.60% Feb 17 (Reuters) – Hong Kong stocks ended higher on Wednesday, marking the seventh straight session of gains and extending a bull run ahead of the reopening of mainland markets after the Lunar New Year break, with sentiment lifted by optimism …

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Going global: expanding into new markets is key to growth

If your business is considering moving into international markets, whether that’s opening an office in China or exporting goods to Brazil, you’re not alone. A quarter of ambitious businesses say that expanding into new markets is their primary route to fast growth. This article was sponsored by GrowthAccelerator. That’s according to the annual report fromGrowthAccelerator, Where High Growth Happens, which analyses …

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Japan Stocks Slip, But Australia, China Rise

Japanese blue-chip stocks fell Friday, extending losses into a second day after sharp gains earlier in the week, though Chinese and Australian shares inched higher. The moves came as Hong Kong and South Korean markets were closed for holidays, reportedly curbing trading volumes in bourses that were open. Japan’s Nikkei Stock Average moved off opening lows but still traded with …

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Asian Stocks to Jump Up to 20% on Earnings Growth

Asian equities have lagged the global stock market rally since the start of the year, but according to HSBC, Asian stocks could still deliver a 20 percent upside by the end of 2013. Devendra Joshi, equity strategist for Asia Pacific at HSBC said that based on the current consensus estimates of 13 percent earnings growth for Asian stocks this year, …

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Japan Stocks Add To Gains; Sydney, Seoul Rebound

(MarketWatch) — Japanese stocks extended gains Tuesday on hopes for further monetary easing under a new central bank chief, while Australian shares rebounded strongly from the previous day’s losses in the wake of positive cues from Wall Street. The Nikkei Stock Average rose 0.8% in Tokyo, while Australia’s S&P/ASX 200 index rose 1.5% and South Korea’s Kospi gained 0.7%. Japanese …

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Asian markets mostly up, Sydney hits 34-month high

asia stocks

HONG KONG: Asian markets were mostly up on Wednesday, with Sydney hitting a near three-year high, but Tokyo sank on profit-taking and as the yen picked up strength against the euro and dollar. The Japanese currency picked up after a Group of Seven (G7) statement on Tuesday that said “excessive volatility” in exchange markets hurts financial stability, as they tried …

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China’s Stocks Fall for Third Day

China’s stocks fell for a third day, the longest losing streak in almost two months, on concern a global slowdown will hurt earnings. Jiangxi Copper Co. paced losses by raw materials producers after commodity prices slid the most this year. China Life Insurance Co. (601628) slipped to a two-month low after the nation’s biggest insurer said profit may have fallen as much as …

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Chinese stocks down on lowered GDP target

Asia Stocks

BEIJING, March 5 (Xinhua) — Chinese shares closed lower on Monday after Premier Wen Jiabao announced an economic growth target of 7.5 percent for this year, the lowest since 2004. The benchmark Shanghai Composite Index closed at 2,445, down 15.69 points, or 0.64 percent, from the previous close. The Shenzhen Component Index dropped 73.5 points, or 0.71 percent, to end …

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Sina Leads Weekly Climb

Chinese U.S.-listed stocks are poised to advance this week, led by Sina Corp. (SINA), on prospects the government will roll out measures to boost growth in the world’s second-largest economy at an annual meeting next week. The Bloomberg China-US 55 index of the most-traded Chinese stocks in the U.S. was little changed at 108.47 by 12:57 p.m. in New York, gaining 0.9 percent …

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Swire and Sun Hung Kai tap market for close to $1 billion


Swire Pacific, Sun Hung Kai Properties and DBS rush to issue as Greek rescue package buoys credit markets. It was another hectic day in Asia’s debt markets yesterday as the news of a second rescue package for Greece helped boost credit markets. While Greece is far from being out of the woods — and bondholders have agreed to take a …

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