Asian stocks

TOKYO, JAPAN - 2022/05/13: A man walks past an electronic board displaying Japan's Nikkei index outside a brokerage amid the covid-19 outbreak in Tokyo. (Photo by James Matsumoto/SOPA Images/LightRocket via Getty Images)

May 10, 2024 2:01 PM

Asia stocks rally on renewed global rate cut optimism

Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data. Sterling was steady at $1.2515, having touched a more than two-week low of $1.2446 on Thursday after Bank of England (BoE) paved the way for the start of rate cuts as soon as next month. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.66% a...

A shareholder is paying attention to the stock market at a securities business hall in Hangzhou, capital of East China's Zhejiang Province, on April 29, 2024. (Photo by Costfoto/NurPhoto via Getty Images)

May 3, 2024 10:45 AM

Asian stocks surge on tech boost; yen extends gains to cap wild week

Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo. With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% and was set...

April 18, 2024 1:34 PM

GLOBAL MARKETS-Asia stocks bounce as soaring dollar pauses

Asian stocks made their biggest gains in a month on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook. Oil found support following its sharpest fall in two-and-a-half months on demand worries and the lack, so far, of an obvious Israeli or U.S. response to Iran's weekend attack on Israel. Analysts do not expect dramatic new sanctions on oil from Iran, which comprises about 3% of global output. MSCI's broadest inde...