07262016Tue
Last update: Tue, 26 Jul 2016 01pm

Asia

Markets - Equity - Asia

Hong Kong stocks post third straight gain HONG KONG: Hong Kong stocks rose for a third straight session Wednesday, in line with an Asia-wide rally and following another record close on Wall Street.The Hang Seng Index rose 0.46 percent, or 97.63 points, to close at 21,322.37.The benchmark Shanghai Composite Index rose 0.37 percent, or 11.31 points, to 3,060.69 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.82 percent, or 16.64 points, to 2,041.66.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks end morning on a high HONG KONG: Hong Kong and Shanghai finished the morning session higher Wednesday, tracking another global rally following a record close on Wall Street.The Hang Seng Index rose 0.52 percent, or 110.79 points, to close at 21,335.53.And the benchmark Shanghai Composite Index rose 0.36 percent, or 11.07 points to 3,060.45, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.74 percent, or 14.89 points, to 2,039.91.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Tokyo stocks up by break, erasing Brexit drop TOKYO: Tokyo stocks rose Wednesday morning on stimulus hopes, erasing steep losses sparked by Britain's vote to leave the European Union last month.Banks and automakers led the gains as a weaker yen and a strong session on overseas markets powered sentiment in Japan, while investors await details of a promised stimulus package. This week, Japanese Prime Minister Shinzo Abe said Tokyo would draw up a fiscal plan to push up economic growth -- following a ...

Markets - Equity - Asia

Nikkei hits one-month high as speculators bet on BOJ helicopter ride TOKYO: Japan's Nikkei share average rose to a more than a one-month high on Wednesday as speculators placed new bets on Prime Minister Shinzo Abe launching an aggressive policy mix of monetary and fiscal easing after his election victory.The Nikkei gained 1.0 percent to 16,444.25 in morning trade, bringing its gains since Abe's election victory on Sunday to 7.5 percent. Its 2.2 percent rise on Wednesday took it to the highest level in more than ...

Markets - Equity - Asia

China stocks rise after South China Sea ruling; Hong Kong up SHANGHAI: Chinese stocks edged up on Wednesday, with investors shrugging off the impact of an international tribunal's ruling that denied China's claims in the South China Sea.Finance stocks led indexes up, with sharp rises in banking shares, including China Minsheng Banking Corp Ltd, leading the CSI300 higher.The Permanent Court of Arbitration in the Hague ruled in favour of the Philippines in a longstanding case, saying China had breached the Philippines' sovereign rights by endangering its ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks surge on stimulus hopes HONG KONG: Hong Kong and Shanghai stocks built on the previous day's gains, in line with a global rally on hopes central banks around the world will ramp up stimulus spending.The Hang Seng Index rose 1.65 percent, or 344.24 points, to close at 21,224.74.The benchmark Shanghai Composite Index jumped 1.82 percent, or 54.46 points, to 3,049.38 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.20 percent, or 24.04 points, to ...

Markets - Equity - Asia

Asia stocks surge again, led by another Tokyo rally HONG KONG: Tokyo stocks soared again Tuesday to lead another Asia-wide markets rally fuelled by hopes of fresh central bank stimulus and following last week's blockbuster US jobs report.The gains extended a global advance that saw the S&P 500 on Wall Street close at a record high for the first time in 14 months.They also suggest investor fears over Britain's shock European Union exit vote last month have been allayed by promises of central bank ...