By Lisa Twaronite and Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose on Thursday, extending the previous session’s gains, while the dollar drew support from minutes of the Federal Reserve’s last meeting showing the U.S. central bank was still on course to hike interest rates this year. MSCI’s broadest index of Asia-Pacific shares outside Japan Read More
Asia
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose on Tuesday, following a positive lead from Wall Street, while the dollar held onto its gains after rebounding against the euro and yen on higher U.S. Treasury yields. Spreadbetters saw the upward momentum for equities continuing into Europe, forecasting a higher open for Britain’s FTSE <.FTSE>, Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. Spreadbetters expected European shares to pull back slightly after Monday’s rise, calling for Britain’s Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks crawled higher on Friday as upbeat U.S. economic data helped revive some risk appetite lost following air strikes on Houthi militants in Yemen, while the dollar rebounded. Crude oil prices were slightly lower on the dollar’s bounce after surging overnight on the escalating conflict in Yemen. The Read More
By Emma Thomasson HERZOGENAURACH, Germany (Reuters) – Adidas <ADSGn.DE> plans to speed up production and allow shoppers to customize more shoes and clothes, aiming to accelerate sales and profit growth over the next five years. The German sportswear firm, which has been losing ground for years to fast-growing rival Nike <NKE.N>, said it was testing Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks stalled on Wednesday following declines on Wall Street, while the dollar held on to modest gains after a rise in U.S. inflation. Spreadbetters forecast a slightly lower open for Britain’s FTSE <.FTSE>, Germany’s DAX <.GDAXI> and France’s CAC <.FCHI>. European shares ended the previous session at their Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> edged down 0.1 percent after rallying 1.3 percent the previous day. But it Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks shook off a slow start and rose on Wednesday, led by China shares, while the dollar marked time as markets waited for the Federal Reserve’s policy statement for clues to when U.S. interest rates will rise. Following Asia’s lead, spreadbetters forecast a slightly higher open for Britain’s Read More
If you doubt the effect that stimulus has on stocks, look no farther than the headlines over this weekend. The Shanghai market rallied more than two percent to its highest levels since 2009 after Premier Li Keqiang said China was prepared to take action to stimulate the economy and the government had a “host of Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks skidded to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, a prospect that sent the dollar to a 12-year high against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was down 0.4 percent after Read More