Asian share markets got off to a guarded start on Wednesday as investors waited ...
SYDNEY - Asian share markets got off to a guarded start on Wednesday as investors waited anxiously for a raft of Chinese data that might show policy stimulus is finally gaining traction in the world’s second-largest economy.
Investors are hoping for better news from China which is forecast to report first-quarter economic growth of 6.3 percent. While that would be the slowest pace in at least 27 years, the economy is many times larger now. Japan’s Nikkei inched up 0.2 percent to reach its highest in almost five months. E-Mini futures for the S&P 500 were off 0.06 percent.
Shares of Qualcomm jumped 23 percent to $70.45, their biggest gain in more than 19 years, after winning a surprise settlement of a long-running legal dispute with Apple Inc. The dollar did finally manage to top resistance on the yen at 112.13 to reach its highest since December at 112.16. Yields on two-year bonds dived 9 basis points to 1.48 percent as investors wagered the Reserve Bank of New Zealand would have to cut rates in response.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares near nine-month highs, helped by U.S. optimism on China trade talksAsian shares neared nine-month highs on Monday after U.S. Treasury Secretary Ste...
Read more »
Asian shares buoyed by optimism on U.S.-China trade talksAsian shares neared nine-month highs on Monday after U.S. Treasury Secretary Ste...
Read more »
Stocks in Asia set to gain on hopes of progress in US-China tradeThe Wall Street Journal reported Thursday that China agreed to open its cloud-computing sector to foreign companies in an attempt to sweeten a deal with the U.S.
Read more »
Asia stocks open mixed, once again in thrall to U.S.-China trade jittersFretting over U.S.-China trade tensions may have something to do with Asia market malaise this week. But Deloitte thinks “it would be a mistake to overstate the dangers” as most economies in the region have done well the past two years, “only slowed a little of late and they have the potential to remain resilient through 2019.”
Read more »
Asia stocks cling to nine-month high on China hopes, Wall Street dented by earningsAsian stocks ticked up on Tuesday, staying near a nine-month high as hopes of st...
Read more »
Asia Pacific stocks poised for mixed open ahead of China GDP releaseChina is set to report its GDP figures for its first quarter later at 10:00 a.m. HK/SIN today.
Read more »
Alibaba's South China Morning Post readies its US push as it hunts for 'China-curious' readersThe Hong Kong-based publication believes that the time is right for its US expansion, with China-US trade talks and interest in them heating up.
Read more »
Asia markets set to open lower as investors digest geopolitical developmentsShares in Asia were set to open lower on Thursday following a series of developments overnight on the geopolitical front.
Read more »
AP Photos: Editor selections from the past week in AsiaIndian elections officials and paramilitary soldiers carry election materials along the Brahmaputra River as the country holds the first phase of a 6-week-long vote, the largest democratic...
Read more »
Stocks in Asia set to slip; BOJ chief flags trade risksStocks in Asia were set to see opening declines following comments from the Bank of Japan chief on the risks of increasing trade protectionism for the global economic growth outlook.
Read more »