Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Markets in China and Hong Kong fell Wednesday after U.S. President Trump reiterated a threat to impose an additional 10% tariff on Chinese goods.
Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.
(RTTNews) - The Hong Kong stock market has moved higher in consecutive ... Hang Lung Properties and Nongfu Spring were unchanged. The lead from Wall Street is solid as the major averages opened ...
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street. Japan's benchmark Nikkei 225 index slipped in Tuesday trading while shares rose in Hong Kong and Shanghai.
Asian stocks are mixed after Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts
Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.
Wall Street pointed slightly lower in early trading Friday but remains on track to close the week with solid gains with major corporations turning in largely healthy earnings reports. Futures for the S&P 500 ticked down 0.
The Hong Kong stock market has moved higher in three straight sessions, collecting more than 640 points or 3.4 percent along the way.
Among Wall Street’s biggest players seeking to gain exposure to Chinese stocks was renowned short-seller Michael Burry, who significantly raised his holdings in eCommerce firm Alibaba (NYSE:BABA) from 155,000 shares in the second quarter to 200,000 by Q3.