|Day's range||22,047.90 - 22,204.75|
|52-week range||18,948.58 - 24,448.07|
Global shares dipped on Monday as weaker than expected economic surveys added to investor worries over the unresolved U.S.-China trade dispute's effects on the world economy, while oil gained more than 1% as Middle East tensions remained elevated. European stock markets opened lower as surveys of purchasing managers from France, Germany, and the euro zone came in weaker than expected. Euro zone business growth has stalled this month, a survey showed on Monday, less than two weeks after outgoing ECB President Mario Draghi pledged indefinite stimulus to revive the bloc's ailing economy.
China’s government is increasing the pressure on domestic airlines to use more jets developed and manufactured in the country, a push that could present a big challenge to Boeing of the US and Airbus, the European multinational. China’s three leading airlines recently placed sizeable orders for domestically made regional jets. Beijing envisions a future in which Chinese airlines are less dependent on Boeing and Airbus and in which made-in-China aircraft find overseas customers.
Since the 2011 Fukushima disaster, Japan has been scrambling to secure alternative sources of energy, and geothermal may be able to provide a solution
Global stock markets traded in fairly narrow ranges on Friday at the end of a fairly eventful week that saw oil prices spike sharply after attacks on Saudi oil facilities and the Federal Reserve cut interest rates again. Coupled with the Fed's decision to cut rates again, the mood in stock markets has remained fairly positive, not least on Wall Street where both the Dow Jones industrial average and the broader S&P 500 index were not far off record highs. "It's been a bit of a strange week for equity markets, slipping back initially at the start on concerns that the sharp move higher in oil prices caused by last weekend's drone strike on Saudi Arabia's oil infrastructure might knock the stuffing out of the global economy in the coming weeks and months," said Michael Hewson, chief market analyst at CMC Markets.
Tokyo shares ended higher Friday thanks to the yen's stability though the US-China trade row continued to worry investors. The headline Nikkei 225 index added 0.16 percent to 34.64 points to 22,079.09, ...
Tokyo stocks opened higher on Friday as investors took heart from a relatively cheaper yen, with relief prevailing after key central bank meetings ended without causing major market disruptions. "Japanese stocks are seen moving in a narrow range as trade is a mixture of profit-taking ahead of a long weekend and bargain-hunting purchases," Okasan Online Securities said in a commentary. "With a relatively cheaper yen, the external environment is good," it said.
An index of global stock markets surrendered early gains on Friday after Chinese agriculture officials who were to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks. Renewed worries about the state of the ongoing trade tensions between Washington and Beijing drove Treasury yields lower and pushed the U.S. dollar down against the safe-haven Japanese yen. The cancellation came as U.S.-Chinese trade talks were held in Washington and U.S. President Donald Trump said he wanted a complete trade deal, not just an agreement for China to buy more U.S. agricultural goods.
The major Asia Pacific stock indexes are mostly higher in the wake of interest rate and policy decisions from the U.S. Federal Reserve and the Bank of Japan.
Tokyo shares rebounded Thursday after the US Federal Reserve offered a fresh rate cut, while the Bank of Japan stood pat. The benchmark Nikkei index added 0.38 percent or 83.74 points to 22,044.45, while ...
European stock markets pushed higher Thursday as traders had their first chance to respond to the U.S. Federal Reserve's widely anticipated decision to cut its benchmark interest rate for the second time this year. In its policy statement accompanying its rate cut, the Fed failed to indicate whether more rate cuts were likely this year, though it did leave the door open for additional rate cuts if the economy weakens. The Fed is trying to combat threats to the U.S. economy, including uncertainties caused by President Donald Trump's trade war with China, slower global growth and a slump in American manufacturing.
Tokyo stocks opened higher on Thursday helped by a cheaper yen against the dollar after the US Federal Reserve announced a rate cut. The benchmark Nikkei 225 index was up 0.85 percent or 186.71 points at 22,147.42, while the broader Topix index was up 0.78 percent or 12.59 points at 1,619.21. "Japanese shares are seen gaining slowly after the yen became cheaper against the dollar following the Federal Reserve's announcement," Okasan Online Securities said in a commentary.
In a well-strategized move, Apple (AAPL) is relocating its production base to India. Apple's investment in India will be around $1 billion.
Federal Reserve Chair Jerome Powell acknowledges that officials at the U.S. central bank are fractured about next steps on interest rates. The uncertainty stems from President Donald Trump's pursuit of tariffs against China and a broader global slowdown that has irked businesses and manufacturers though consumer spending has been relatively solid. "This is a time of difficult judgments and disparate perspectives," Powell says at a news conference.
Tokyo's benchmark Nikkei index edged down on Wednesday as investors cashed in on recent gains after a 10-day winning streak. The Nikkei 225 index lost 0.18 percent, or 40.61 points, to close at 21,960.71, while the broader Topix index was down 0.49 percent, or 7.96 points, at 1,606.62. "Profit-taking prevailed in the market after a tenth straight winning session," said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.
Crude oil prices plunged on Tuesday after the Saudi energy minister said the kingdom’s oil supply will soon be back online. The drop in crude oil prices spread weakness throughout the Asia Pacific region on Wednesday.
The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Powell tempered the market's initial reaction to the U.S. central bank's policy statement. All three major U.S. stock indexes initially extended earlier losses following the release of the Fed's policy decision after the close of a two-day meeting, which dimmed hopes for further rate cuts and fell short of the more aggressive reduction in borrowing costs that President Donald Trump had demanded.
Tokyo stocks opened lower in cautious trade on Wednesday as investors watched for the US Federal Reserve's decision later in the day. The benchmark Nikkei 225 index was down 0.05 percent or 10.19 points at 21,991.13 in early trade, while the broader Topix index was down 0.32 percent or 5.19 points at 1,612.96. "After US shares ended slightly higher in a session dominated by a wait-and-see attitude, the Japanese market is seen moving in a narrow range" ahead of the US Fed's policy decision, said Toshiyuki Kanayama, senior market analyst at Monex.
Japanese stocks ended higher Tuesday for a tenth straight session, thanks to a stronger dollar and despite concerns about the weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index added ...
Tokyo stocks opened lower on Tuesday on geopolitical concerns after crude prices surged following a weekend attack on Saudi oil facilities. "There were falls on Wall Street because of concerns on surging oil prices after attacks on Saudi oil facilities, but the margins of the falls are not very big so the impact may be limited," Hideyuki Ishiguro, senior strategist at Daiwa Securities, said in a commentary. "If similar attacks don't continue, oil prices will likely stabilise," he said.
Chinese retail sales and investment gauges also worsened, reinforcing views that China is likely to cut some of its key interest rates this week for the first time in over three years to prevent a sharper slump in activity.
Thailand has announced a package of incentives, including a 50 per cent tax cut, for companies to relocate production to the slowing south-east Asian economy from China amid the Sino-American trade war. The incentives show Thailand jockeying for foreign investment against neighbours such as Vietnam as the country seeks to move its manufacturing sector into higher-value activities.
Japan has agreed to phase out tariffs on U.S. wine imports as part of a bilateral trade deal expected to be signed at the end of the month, t1he Nikkei newspaper reported on Sunday. Japan will eliminate the tariffs on U.S. wine within five to seven years after the trade agreement goes into effect, the Nikkei reported without giving its sources. Japan taxes imported wine at a rate of 15% or 125 yen ($1.16) per litre, whichever is cheaper, according to the Nikkei.
Global markets rise on trade hopes but new records for the indices and a trade deal may be elusive.
World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. The new law, which took effect this week, requires Johnson to ask the European Union for an extension of the Oct. 31 deadline for Britain to leave the bloc if no deal is reached by mid-October. Wall Street was poised for gains, with the S&P 500 future contract up 0.2% to 3,020.40.