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Asian Stocks

Alibaba And Tencent Stocks Plunge After Latest Fines

E-commerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng index declined 3%

11 July 2022

Stocks Mixed At Open As Investors Eye Musk, Twitter Drama

Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. Twitter rose 2.2% to $46.87 in early trading.


The Nikkei 225 fell 3.2% to 26,152.12 and the Hang Seng in Hong Kong retreated 2.6% to 23,664.80.

Asian Stocks Slump After Fed Says US Rates Will Rise 'Soon'

Wall Street's benchmark S&P 500 index lost 0.1% on Wednesday after a Fed statement said the US central bank “expects it will soon be appropriate” to raise rates. Investors expect as many as four rate hikes this year,...


Source: Shutterstock

Asian Stocks Higher After Fed Says Rate Hikes May Be Needed

Wall Street's benchmark S&P 500 index gained 0.4% on Wednesday after notes from the latest Fed meeting said “an even more restrictive stance could be appropriate" to get inflation back to its 2% target

07 July 2022

markets

Asian Stocks Plunge After Putin Announces Action In Ukraine

Oil prices jumped more than $4 on anxiety about possible disruptions of Russian supplies. The ruble fell 5% against the dollar.


Deposit Photos.

Asian Stocks Mixed Ahead Of Fed Rate Hike Decision

The Shanghai Composite Index gained 1.1% to 3,323.64 after the Chinese government reported factory output rebounded into positive territory in May as anti-virus controls that shut down businesses in Shanghai and other...

15 June 2022

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