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Asian shares up on China gains but tech worries weigh

Asian shares up on China gains but tech worries weigh

Asian shares rose on Tuesday, led by a stronger Chinese opening and shaking off the initial drag from tech-driven Wall Street losses, while the dollar stayed at multiweek lows against other major currencies.
Published 20 Apr, 2021 09:20am
Business
Asian shares defensive, dollar struggles near one-month lows

Asian shares defensive, dollar struggles near one-month lows

SYDNEY (Reuters) - Asian shares were on the backfoot on Thursday following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares while the dollar index struggled near one-month lows.
Published 15 Apr, 2021 08:11am
Business
Stocks rise after Fed tames inflation fears, projects U.S. GDP surge

Stocks rise after Fed tames inflation fears, projects U.S. GDP surge

TOKYO/NEW YORK (Reuters) - Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases.
Published 18 Mar, 2021 09:20am
Business
Asia shares reach record, Nikkei restrained by lockdown risk

Asia shares reach record, Nikkei restrained by lockdown risk

SYDNEY (Reuters) - Asian shares resumed their ascent on Monday as investors pinned their hope on vaccines to eventually deliver a global economic upturn, even as a possible tightening in virus rules for Tokyo pulled Japanese stocks off 30-year highs.
Published 04 Jan, 2021 09:58am