Asian markets were mixed Thursday, with fresh fears about China's crackdown on tech firms offsetting optimism about the global recovery outlook and easing Covid fears.
Asian markets extended gains on Wednesday, with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a weakening US jobs market ramped up expectations for a series of Federal Reserve rate cuts.
Stocks sank again Friday after another report pointing to a resilient US jobs market added to the misery for investors who fear the Federal Reserve is not finished with its campaign of monetary tightening.
Asian markets were mixed Wednesday as a tepid lead from Wall Street and worries about the impact of the Delta variant on the global recovery tempered investor appetite, though hopes for more stimulus helped Tokyo extend its recent rally.
Asian equities retreated Thursday on growing concerns about the impact of the Delta coronavirus variant, while Hong Kong's tech giants led a sharp sell-off after China further tightened its grip on the gaming sector.
Asian equities retreated Thursday on growing concerns about the impact of the Delta coronavirus variant, while tech giants drove a sharp sell-off in Hong Kong after China further tightened its grip on the gaming sector.
Asian stocks edged up Wednesday but investors trod a cautious path following a broadly positive start to the week, with focus on the outcome of the Federal Reserve's latest policy meeting.
Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.
Investors further unloaded equities in Asia on Thursday as they girded themselves for more interest rate hikes aimed at quelling runaway inflation, with some analysts warning that markets could retest the lows touched in June.
Asian markets mostly rose Tuesday after a rally on Wall Street as traders try to assess the outlook for US interest rates following last week's disappointing jobs report, with focus on the release of key inflation data.
Most Asian markets built on a global rally Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country's ailing economy.
Asian markets mostly fell Wednesday as a tepid lead from Wall Street and worries about the impact of the Delta variant on the global recovery tempered investor appetite, though hopes for more stimulus helped Tokyo extend its recent rally.
Asian markets were mixed Friday as investors struggled to reignite the rally that has characterised much of the past six months, owing to a stuttering economic recovery and US lawmakers' failure to agree a new stimulus.
Asian markets retreated Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data stoked renewed worries over the world's number two economy.
Asian stocks sank Tuesday following a sedate performance on Wall Street as investors nervously await the Federal Reserve's policy decision later in the…
Markets fell further Tuesday as investors grew increasingly fearful about another possible US interest rate hike and the prospect they will be kept elevated for some time to combat persistent inflation.
