Tokyo stocks opened higher on Monday in cautious trade with investors eyeing corporate earnings due this week. The benchmark Nikkei 225 index was up 0.81 percent or 221.02 points at 27,504.61 in early trade, while the broader Topix index advanced 0.88 percent or 16.78 points to 1,917.86. “We see Japanese shares trading up and down […]
Stocks
US stocks fall on Delta worries, profit taking
Wall Street stocks fell Friday, concluding the week on a lackluster note on worries about the Delta variant of Covid-19 and profit taking after earlier gains. Analysts described investor unease as more companies delay or shift their return-to-office plans in light of the latest uptick in Covid-19 infections. Markets absorbed another round of mostly strong […]
China tries to ease investor fears over crackdown: report
Beijing scrambled to calm investors after a crackdown on some of China’s biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported. The call hosted by the China Securities Regulatory Commission included executives of international investment banks, Bloomberg added. The business models of private tutoring firms were obliterated […]
US stocks mixed as markets digest earnings, Fed decision
The Nasdaq rallied while the Dow fell Wednesday as investors digested a slew of mostly positive earnings reports and a Federal Reserve decision that maintained accommodative monetary policies. One of the busiest 24-hour stretches of earnings season featured mostly strong reports from a litany of huge companies, including Apple, Google parent Alphabet, Starbucks and Boeing. […]
Tokyo stocks close higher on gains in US tech shares
Tokyo stocks closed higher on Thursday as investors took heart from gains in US tech shares after the Fed decided against any major changes to its monetary policy. The benchmark Nikkei 225 index rose 0.73 percent, or 200.76 points, to 27,782.42, while the broader Topix index gained 0.41 percent, or 7.78 points, to 1,927.43. “Rallies […]
China takes aim at pop-up windows in further tech clampdown
Beijing on Wednesday told Tencent and other tech developers to address “harassing” pop-up windows on their apps, in the latest salvo in China’s battle against the sector. The order came as a Chinese bike-sharing firm scrapped plans for a New York IPO as Beijing also tightens the reins on domestic firms seeking to list overseas. […]
Tokyo stocks open higher on US rallies
Tokyo stocks opened higher on Monday as investors took heart from rallies on Wall Street, overcoming fears over the spread of the coronavirus Delta strain. The benchmark Nikkei 225 index was up 1.66 percent, or 457.47 points, at 28,005.47 in early trade, while the broader Topix index gained 1.62 percent or 30.81 points to 1,935.22. […]
Tokyo stocks close up, hailing smooth start of Olympics
Tokyo stocks closed higher on Monday as investors took heart from rallies on Wall Street and welcomed the start of the Olympics without any major trouble. The benchmark Nikkei 225 index rose 1.04 percent, or 285.29 points, to 27,833.29. The broader Topix index gained 1.11 percent, or 21.21 points, to 1,925.62. It was the first […]
Dow ends above 35,000 for first time as US stocks hit records
US stocks rocketed to fresh records Friday, with the Dow finishing above 35,000 for the first time, in anticipation of more blowout earnings next week after this week’s positive round of results. All three major indices finished the week at records, with the Dow Jones Industrial Average surging 0.7 percent to close at 35,061.55. The […]
Tokyo shares open lower on shortened week
Tokyo stocks opened lower Monday as investors looked to major events slated over the week and with trading cut to three business days due to holidays as the Olympics starts. The benchmark Nikkei 225 index dropped 1.34 percent, or 376.08 points, to 27,627.00, while the broader Topix index lost 0.95 percent, or 18.28 points, to […]