09282016Wed
Last update: Wed, 28 Sep 2016 05am

Markets - Equity

Markets - Equity - Asia

Markets cheer Clinton in US president debate HONG KONG: Financial markets cheered Hillary Clinton's performance in the first US presidential debate Tuesday, with stocks and high-risk currencies staging a "relief rally" as investors hailed her as the victor over Republican rival Donald Trump.Key Asian bourses got a bounce as a confident Clinton bested her rival in the 90-minute showdown, some reversing earlier declines.Tokyo closed 0.8 percent up, a dramatic volte-face from its 0.9 percent drop at the open, while Sydney also trimmed early losses. Hong Kong opened up 0.5 percent but was more than 1 percent higher in the afternoon, while Seoul, Bangkok and Singapore were also up."US futures have moved ahead as the debate unravelled, and I think that is one of the factors" for Asian markets erasing losses, Michael McCarthy, a chief market strategist at CMC Markets told Bloomberg News. "In policy terms, no doubt to Clinton; in emotional and tone terms, Clinton is also ...


Markets - Equity - Asia

Tokyo stocks gain after Clinton gets nod in debate TOKYO: Tokyo shares rose on Tuesday as investors gave Hillary Clinton the nod against rival Donald Trump in the first US presidential debate.The Japanese market had opened lower following declines on Wall Street ahead of the highly anticipated showdown between the pair who are locked in a neck and neck race for the White House.But Tokyo ended into positive territory after a confident Clinton bested Republican candidate Trump in the 90-minute debate -- pushing down ...

Markets - Equity - Asia

Hong Kong stocks close higher as markets cheer Clinton HONG KONG: Hong Kong stocks ended more than one percent higher on Tuesday, bouncing back after Monday's sell-off as Asian markets cheered Hillary Clinton's performance in the first US presidential debate.The Hang Seng Index was up 1.06 percent, or 246.67 points, to 23,564.59 by the close. The benchmark Shanghai Composite Index climbed 0.60 percent, or 17.74 points, to 2,998.17 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.75 percent, or ...

Markets - Equity - Asia

China stocks shrug off surging industrial profits; HK up over 1pc SHANGHAI: China stocks were little changed on Tuesday as investors were reluctant to stake out fresh positions ahead of a week-long holiday despite data showing August industrial profits surged the most in three years.China's blue-chip CSI300 index rose 0.1 percent to 3,223.15 points by the lunch break, while the Shanghai Composite Index lost 0.2 percent to 2,975.92.In Hong Kong, shares bounced over 1 percent, recovering much of Monday's drop, but investors were bracing a drop ...

Markets - Equity - Asia

Asia stocks, Mexico peso bounce as markets score one for Clinton SYDNEY: Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump.Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, international trade deals or the domestic economy.Opinion polls have shown the two candidates in a very ...

Markets - Equity - Asia

Nikkei rises on views Clinton wins debate, weaker yen underpins TOKYO: Japanese stocks rose on Tuesday in choppy trade, recovering from 7-1/2-week lows hit in the morning after sentiment was helped by views that U.S. presidential candidate Hillary Clinton won the debate over her rival Donald Trump.The dollar bounced back from earlier losses to post gains against the yen, lifting the mood across the board.The Nikkei share average ended 0.8 percent higher at 16,683.93, recovering from an early morning low of 16,285.41, the weakest since ...

Markets - Equity - Asia

Asian markets cautious amid first presidential debate HONG KONG: Asian markets fluctuated Tuesday as all eyes turned to the first presidential debate between battling US presidential candidates Donald Trump and Hillary Clinton.The two White House hopefuls, in a virtual dead heat in polls with barely six weeks before the November 8 election, took the stage in what was set to be the most watched US political event in years."The first of three US presidential candidate debates during today's Asia Pacific trading session ...