European markets open to close, data, earnings, Davos

LONDON — European stocks are expected to open lower Tuesday as U.S. markets struggle to maintain a comeback rally. The U.K.’s FTSE index is seen opening 35 points lower at 7,468, Germany’s DAX 47 points lower at 14,099, France’s CAC 40 down 28 points at 6,310 and Italy’s FTSE MIB 168 points lower at 23,945, according … Read more

U.S.-China tariffs, oil and currencies

SINGAPORE — Markets in Asia-Pacific were subdued in early trade on Tuesday, as investors weighed a possible thawing of U.S.-China trade relations as U.S. President Joe Biden floated the idea of tariff cuts on Chinese goods. In Japan, the Nikkei 225 was down 0.4% in early trading, while the Topix was lower by 0.2%. South … Read more

Asia Markets: Stocks, economic growth, earnings

SINGAPORE — Shares in the Asia-Pacific region were poised to open mixed on Monday as global concerns continue to plague markets. In Japan markets, the Nikkei futures contract in Chicago was at 26,920, while its counterpart in Osaka was at 26,750. The Nikkei 225 closed at 26,739.03 on Friday. Australia’s SPI futures were at 7,129, … Read more

China benchmark lending rate, Wall Street losses

SINGAPORE — Shares in the Asia Pacific markets rose on Friday, with Hong Kong stocks leading gains as a volatile trading week comes to a close. The Hang Seng index jumped 2.2% in early trade and was last up 1.85%, while the Hang Seng Tech index spiked 3.55%. Chinese stocks listed in Hong Kong traded … Read more

Japan’s Nikkei 225 falls more than 2% as Asia-Pacific stocks fall

SINGAPORE — Shares in Asia-Pacific slipped Thursday morning after heavy losses on Wall Street overnight. The Nikkei 225 in Japan slipped 2.63% in early trade while the Topix index shed 2.31%. Japan’s exports rose 12.5% year-on-year in April, data from the country’s Ministry of Finance showed Thursday. That was lower than expectations for a 13.8% … Read more

Countries banning food exports amid rising prices, inflation

Workers unload wheat sacks from a truck at a Punjab Grains Procurement Corp. facility in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022. T. Narayan | Bloomberg | Getty Images India has banned wheat exports, becoming the latest country to do so as the price of grain surged this year due in … Read more

Japan’s Nikkei 225 rises 1% as Asia-Pacific stocks rise

SINGAPORE — Shares in Asia-Pacific rose in Wednesday morning trade as investors watch for market reaction to comments from U.S. Federal Reserve Chairman Jerome Powell on his resolve to raise rates till inflation comes down. The Nikkei 225 in Japan gained about 1% as shares of conglomerate SoftBank Group jumped 2.77%. The Topix index traded … Read more

Hong Kong’s Hang Seng index leads gains as Asia-Pacific stocks rise

SINGAPORE — Shares in Asia-Pacific were largely higher in Tuesday morning trade, with Hong Kong stocks leading gains regionally. The Hang Seng index surged 1.72% in morning trade as Chinese tech stocks jumped. Tencent rose 3.26% while Alibaba soared 4.79% and Meituan gained 3.18%. The Hang Seng Tech index traded 3.42% higher. Mainland Chinese stocks … Read more

China economic data, Covid, inflation

SINGAPORE — Shares in the Asia Pacific rose on Monday as investors watched for a slew of Chinese economic data. Japan’s Nikkei 225 gained 1.54%, while the Topix advanced 0.93% in early trading. The Kospi in South Korea rose 0.46%, and the Kosdaq was 1.43% higher. In Australia, the S&P/ASX 200 climbed 0.73%. MSCI’s broadest index of … Read more

G-7 foreign ministers vow to continue economic pressure on Russia

The Federal Minister of Foreign Affairs, Annalena Baerbock, will host and lead the work process of the G7 foreign ministers on May 14, 2022 in Weissenhaus, Germany. Janine Schmitz | Photothek | Getty Images Group of Seven foreign ministers vowed on Saturday to reinforce Russia’s economic and political isolation, continue supplying weapons to Ukraine and … Read more