Category: FinanceAsia
Asia stocks mostly decline after negative reports on clinical trials of much-watched coronavirus drug
Hong Kong and most other Asia-Pacific stocks declined Friday after reports that a much-watched experimental drug didn’t help coronavirus patients in a clinical trial. [...]
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Asia stocks mostly gain as oil prices rise along with hope in world’s battle to defeat the coronavirus
Asia-Pacific stocks were mixed in cautious trading Thursday, as traders weighed fresh signs the battle against the coronavirus is paying off against new data showing its [...]
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Ambani tops Ma as Asia’s richest after deal with Zuckerberg
Mukesh Ambani is again Asia’s richest person after a deal with Mark Zuckerberg’s Facebook Inc. sent his conglomerate’s stock surging. Ambani’s fortune [...]
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Asia equities set to plunge after US crude collapses for second day
Asian share markets slipped to two-week lows on Wednesday as the floor fell out from under crude prices, exposing the deep economic damage wrought by the global coronavirus [...]
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HSBC Asia investment bank head takes sabbatical as part of latest management shake-up
HSBC’s investment banking head in Asia-Pacific took a six-month sabbatical beginning this month as part of chief executive Noel Quinn’s efforts to reshape the [...]
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Asia-Pacific markets tumble on epic plunge in oil futures amid coronavirus, reports N Korea leader is ill
Hong Kong and other Asia-Pacific stocks declined Tuesday after West Texas crude futures fell into negative territory on massive oversupply amid the coronavirus pandemic and [...]
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Asian stocks set to sink after historic US oil rout
Asia shares were poised to track a Wall Street tumble on Tuesday after US crude futures turned negative for the first time in history, crushed by a spectacular collapse in [...]
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Asian shares mixed as oil prices fall back; China cuts rate
Shares were mixed in Asia on Monday after China cut a key interest rate to help cushion the impact of the pandemic on its economy. Benchmarks rose Monday in Hong Kong and [...]
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Asia-Pacific stocks weighed down by cautious trading over coronavirus and coming flood of earnings
Ping An Good Doctor and some other new economy stocks in Hong Kong shot up Monday as investors piled in for fear of missing out on companies expected to succeed in the [...]
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Cautious trading over coronavirus weighs on Asia-Pacific stocks, as investors await flood of earnings
Asia-Pacific stock markets started the week mixed, as investors were guarded as they prepared for a flood of earnings and weighed the latest headlines in the battle against [...]
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Coronavirus: Asia’s airports at ‘rock bottom’ as number of passengers plummets 95 per cent
Asia’s airports have reached “rock bottom” almost four months into the Covid-19 pandemic, with the number of passengers at about 5 per cent of last [...]
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Asia shares off to cautious start, US crude slides
Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus [...]
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Asian markets rise on China GDP data
Asian markets posted healthy gains on Friday after official data in China showed the coronavirus pandemic had not hit economic growth as badly as some had feared. Authorities [...]
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Asian shares advance, US crude oil price sinks below $19
Shares advanced in Asia on Friday while US benchmark crude plunged below $19 per barrel. The mixed reaction followed news that China’s economy contracted 6.8 percent in [...]
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Coronavirus: China, Asia manufacturing recovery to be short-lived with 2020 growth set to grind to a halt
Any recovery in the manufacturing sector in China and the rest of Asia this year will be short lived as Asia-Pacific’s growth in 2020 is expected to grind to a halt [...]
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