Asian shares and Wall Street futures stepped back on Thursday as resurgent concerns about the long-term impact of the coronavirus outbreak offset some of this week's earlier enthusiasm about economies re-opening.
TOKYO/WASHINGTON - Asian shares and Wall Street futures stepped back on Thursday as resurgent concerns about the long-term impact of the coronavirus outbreak offset some of this week’s earlier enthusiasm about economies re-opening.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1%, having rallied around 3% so far this week. S&P 500 e-mini stock futures fell 0.54%. Australian shares , which have been hampered by concerns about a trade row with China, pulled back slightly from a two-month high.Shares in China fell 0.19% before the start of the annual parliament meeting on Friday.
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.
Asia Pacific stocks set to trade higher following overnight Wall Street surgeOvernight on Wall Street, the S&P 500 advanced 1.7% to 2,971.61, its highest closing level since March 6.
Read more »
Breakingviews - Corona Capital: China on Wall Street, Wind power(Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Read more »
Thousands left homeless in South Asia as cyclone heaps misery on coronavirus-hit communitiesThousands of people have been left homeless in the wake of Cyclone Amphan, which slammed into India's eastern coast on Wednesday afternoon, as authorities race to provide relief efforts in communities already stricken by the coronavirus.
Read more »
Asia Today: Australia lets woman travel to see dying sisterBANGKOK (AP) — A New Zealand woman has been reunited with her dying sister in Australia after gaining an exemption from pandemic travel restrictions on compassionate grounds. Australia had...
Read more »
Asia stocks under pressure as vaccine rally faltersAsia stocks are likely to come under pressure on Wednesday, tracking declines on Wall Street while gold prices were buoyed by safe-haven demand as economic indicators pointed to more signs of recession.
Read more »
Asia Pacific stocks set to open mixed as investors await release of China's benchmark lending rateInvestors will also watch for market reaction to a STAT News report released overnight that raised concerns about the trial results for a potential coronavirus vaccine from Moderna.
Read more »