Tag Archives: asian countries/regions

Dow industrials seen opening sharply higher gains a day after Fed’s surprise rate cut

Dow industrials seen opening sharply higher gains a day after Fed’s surprise rate cut

Getty Images Democratic presidential candidate Joe Biden greets restaurant patrons at Buttercup Diner in Oakland, Calif. U.S. stock index-futures were poised to open sharply higher Wednesday after results of the Democratic party’s primary vote to nominate a presidential candidate in November’s election boosted the chances of former Vice President …

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U.S. stock futures point to further sharp declines as Asia follows Wall Street plunge

U.S. stock futures point to further sharp declines as Asia follows Wall Street plunge

U.S. stock futures fell sharply on Friday, a day after major benchmarks pushed into correction territory as investor fears heightened over just how much damage the fast-spreading coronavirus will wreak on the global economy. How are major benchmarks trading? Dow Jones Industrial Average futures …

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Here are 5 reasons the stock market is having its worst decline since 2008, and only one of them is the coronavirus

Here are 5 reasons the stock market is having its worst decline since 2008, and only one of them is the coronavirus

The U.S. stock-market rally has unraveled, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -4.42% …

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Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market

Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market

The old saw used to be that when the U.S. sneezes, the rest of the world catches a cold. Now, a more apropos adage for market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a …

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Asian markets retreat amid worries of coronavirus’ spread outside China

Asian markets retreat amid worries of coronavirus’ spread outside China

BEIJING — Asian stock markets followed Wall Street lower Friday after a spike in new virus cases in South Korea refueled investor anxiety about China’s disease outbreak. Benchmarks in Tokyo, Hong Kong and Sydney retreated. Traders shifted money into bonds and gold, a traditional safe haven. Bond markets are “sounding …

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Asia stocks fall as economic impact of coronavirus weighs on markets

Asia stocks fall as economic impact of coronavirus weighs on markets

BANGKOK (AP) — Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to postpone or cancel major events including the Beijing auto show. Signs suggest China may …

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Asian markets mixed as Japan’s economy skids, China cuts rates

Asian markets mixed as Japan’s economy skids, China cuts rates

Markets were mixed in Asia on Monday, with Japan’s benchmark slipping after the government reported the economy contracted 6.3% in annual terms in the last quarter. China’s shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and …

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Asian markets pressured as number of new COVID-19 cases spikes in China

Asian markets pressured as number of new COVID-19 cases spikes in China

Asian markets came under pressure Thursday as the number of new coronavirus outbreak victims soared in China. China’s Hubei province reported nearly 15,000 new cases of COVID-19 due to a change in diagnosis methodology, according to a statement by Hubei officials, which was reported by other media outlets such as …

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