Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week.
The benchmark Nikkei 225 index was down 1.66 per cent or 359.20 points at 21,319.48 in early trade, while the broader Topix index was down 1.45 per cent or 23.47 points at 1,596.98.
Source : AFP
Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff, while traders were also spooked by worse-than-forecast Chinese trade data.
The Hang Seng Index fell 1.03 percent, or 268.81 points, to 25,794.95.
And the benchmark Shanghai Composite Index declined 0.64 percent, or 16.69 points, to 2,589.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.83 percent,...
International oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed a supply cut of 1.2 million barrels per day (bpd) from January.
International Brent crude oil futures were at $61.81 per barrel at 0016 GMT, up 14 cents, or 0.2 percent, from their last close.
Prices surged on Friday after the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers including heavyweight Russia announced they would...
The US payrolls growth cooled in November with the economy producing 155k jobs in the month. This came in below the expectations at 198k. The detail was mixed; jobs growth in the prior two months was revised down -12k while average hourly earnings grew less than expected (0.2% vs consensus 0.3%). Against that, the annual growth rate for earnings held up at +3.1%, while unemployment held near 40-year lows of 3.7%.
The yen can stay bid on slowing global growth and tariff wars, Brexit, Italy™s...
Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing.
Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy.
Traders are also assessing if the Federal Reserve will pursue a...