China's Ninebot unveils scooters that drive themselves to charging stations. Oil rises alongside equities, but downbeat OPEC outlook caps gains. FPI exodus on, banking and other financial sectors bear the brunt.
Stocks in the Asia-Pacific region closed mostly higher on Friday, after China said it would boost disposable income and stabilize employment while Hong Kong unveiled a stimulus package to help avert a recession. Also, strong company results lifted sentiment. On Thursday, investors watched the US year Treasury bond slump to a record low while the yield on the benchmark year Treasury note touched three-year low.
Trade-war worries hammered financial markets again on Wednesday as data from Germany and China showed trouble for manufacturing-reliant economies, while the bond market renewed fears of an American recession. Stocks and commodities tumbled in Europe and the United States as risk-averse investors raced to the safety of government bonds, pushing bond prices sharply higher and yields, which move in the opposite direction, to low levels not seen in years. Shares of large technology companies, sensitive to the outlook for the trade war, also fell.
Kelvin Wong June 14, AM. Index names may not reflect tradable instruments and not all markets are available in all regions. TAGS: Indices. Disclaimer: The information on this web site is not targeted at the general public of any particular country.
Please refresh the page and retry. A temporary discount on Royal Dutch Shell shares added to the drag on the blue-chip index, which hit its lowest level since late February. W ell, that was a bit of a rollercoaster.
Market forces would sink currency even lower if Beijing did not intervene. Market holds breath as China's central bank tests room to cushion tariff blow. Move seen as fresh sign Beijing will let currency slide in trade war.
Indian shares fluctuated before finishing modestly higher on Friday amid conflicting messages on the Sino-U. Asian stocks ended mixed on Friday as U. Treasury yields declined further and investors digested conflicting messages on the U.
Companies with more female bosses see better stock-market performance, research finds. Today p. Predicting what happens next in stocks will get trickier this fall when markets navigate a roller coaster of big events.
Thu 15 Aug Recession fears dragged the market down, with mining companies, and financial stocks leading the sell-off. Financial markets remain volatile today, as fears of an economic downturn hit stock prices and drive bond prices to new record highs.