It is no secret that countries around the world are struggling to cope with issues related to coronavirus pandemic. Unfortunately, it is hard to determine, how long it will take to stabilize the global economy. Moreover, investors are closely monitoring the situation as they want to know what is going on with the economy of …
On May 15, stocks in Asia were little changed as the data connected with China’s industrial profits affected the markets. Interestingly, industrial profits surpassed expectations. Let’s have a look at the Chinese stocks. Importantly, mainland Chinese stocks were mixed on Friday. The Shanghai Composite slightly declined to around 2,868.46. At the same time, the Shenzhen …
Shares of Chinese tech giant Tencent listed on the Hong Kong Stock Exchange fell on May 14 even though the firm’s first-earnings surpassed expectations. Interestingly, the stock earlier reached more than two year high. Notably, online games revenue grew 31% year-on-year to 37.3 billion yuan. Also, the total smartphone game revenue reached 34.7 billion yuan …
Tencent’s First-Quarter Earnings Surpassed Expectations Read More »
On Thursday, Australia’s Bureau of Statistics released the data that underlined the state of the local economy. According to the bureau, seasonally adjusted employment in April fell by 594,300 people compared to March. This information had a negative impact on the stocks across the Asia Pacific. Australia’s S&P/ASX 200 fell 1.72% to close at 5,328.70. …
The coronavirus pandemic created a lot of problems for the stability of the global economy. Moreover, the pandemic is not over as can be seen from a recent resurgence in coronavirus cases in certain countries in the region. It is not surprising that the information related to the coronavirus pandemic continues to affect investor sentiment. …
Coronavirus Crisis and its Impact on the Investor Sentiment Read More »
The mainland Chinese stocks saw gains while the Japanese stocks fell on Wednesday. Importantly, stocks in the Asia Pacific were little changed due to the issues connected with the coronavirus pandemic. It makes sense as caution remained over a recent resurgence in coronavirus cases in certain countries in the region. As stated above, mainland Chinese …
Stocks, New Cases of Coronavirus and Regional Factors Read More »
The U.S. economy is struggling to cope with numerous challenges caused by the coronavirus pandemic. Also, more than 30 million Americans in different parts of the country have applied for unemployment. Moreover, many small businesses requested forgivable loans to stay alive. This is not the end of the story, as the U.S. gross domestic product …
Investors, analysts, authorities are closely watching the situation amid hopes of global economies reopening as well as removing some of the rules connected with social distancing. Recently, the U.K.’s Boris Johnson outlined a “conditional plan”. Starting, from Monday people who are not able to work from home can go back to work. Nevertheless, it will …
U.K’s Prime Minister Plans to Reopen the economy Read More »
Stocks across the Asia Pacific were mixed on Monday, as markets reacted to the news connected with the economy. For example, Hong Kong’s Hang Seng index saw gains on May 11. Its index added 1.72%. Moreover, Japan’s Nikkei 225 rose 1.41% in afternoon trade. At the same time, another Japanese stock index Topix gained 1.64%. …
Economic Recovery and its Influence on the Markets Read More »
The coronavirus pandemic is the most serious challenge for the global economy. Private and governmental organizations are trying to minimize the damage caused by the coronavirus pandemic. It won’t be easy to get the economy back on track. Hopefully, the U.S. plans to spend a lot of money to boost the economy. Moreover, the U.S. …
It was a positive day for stocks across the Asia Pacific region, stocks saw gains ahead of the U.S. employment report for April. Let’s have a look at the Japanese stocks, that led gains among the region’s main markets. The Nikkei 225 added 2.56% to close at 20,179.09 as shares of index heavyweights Fast Retailing …
Stocks in Asia and the U.S. ahead of the Employment Report Read More »
The coronavirus pandemic became the main topic of discussion among authorities, healthcare professionals, scientists as well as the owners of companies. It is possible to continue the list as the pandemic affected the vast majority of private and governmental organizations. It is not surprising that investors are closely monitoring the situation regarding the stocks. Importantly, …
Stocks: Beyond Meat, Slack, and Zoom are Thriving Read More »
Investors are closely watching the situation as they want to learn more about the Covid-19’s impact on the global economy. Interestingly, several of last year’s 159 initial public offerings (IPO), including highly volatile stocks such as Slack, Beyond Meat, and Zoom rose in 2020. Let’s have look at some of them to learn more why …
The coronavirus pandemic and how to deal with it is the main challenge across the world. Authorities, researchers, healthcare professionals are working round the clock to create an effective vaccine. Stocks across Asia strengthened their position on Wednesday. For example, South Korea’s Kospi index gained 1.76% to close at 1,928.76 as shares of automaker Hyundai …
South Korean Stocks Strengthened Their Positions Read More »
Stocks across Asia saw gains on May 6. Also, oil prices regained some of their overnight gains. Let’s have a look at the markets and how they performed on Wednesday. Interestingly, South Korea’s Kospi index added 1.76% to close at 1,928.76 as shares of automaker Hyundai Motor gained 1.86%. Another South Korean index Kosdaq also …
Asian Markets, Oil Prices, and Australia’s Retail Sales Read More »
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