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SINGAPORE- Asian share markets started regular sessions in an anxious tone on Thursday after advancing for two consecutive days. Such performance was observed as investors await for the implementation of the $2 trillion stimulus package in the U.S. to minimize the impact of virus to the global economy.
Japanese benchmark index Nikkei lost 2.2% while Australia’s S&P/ASX 200 index advanced 1.5% during earlier part of the session, its third most upbeat performance but also the most muted.
Other advancers in Asian trading board were Hong Kong futures and China A50 futures with 1% and 0.2% gains respectively. MSCI’s broadest index of Asia-Pacific shares also increased by 2.2%.
US senators wanted to close the legislation on Wednesday in Washington. However, the arrangement is still ambiguous as it continues to gain criticism. The bill focuses on allotting $500 billion fund to affected sectors and $3,000 aid to US households.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
The dollar fell again on Tuesday as the U.S. economy drops into stagnation, while investors await the latest outlook from the Federal Reserve and the passage of the U.S. coronavirus fiscal stimulus. The dollar’s decline lifted gold prices ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
KYC Policy