Asian stocks rise, Australia close to correction

Asian stocks rise, Australia close to correction

Asian stocks traded in a tight range after President Donald Trump played down fears of a recession, which helped US stocks stage a late-day recovery after whipsawing all day. Australian shares fell, with the benchmark S&P/ASX 200 index hovering near a correction, after Trump ruled out an exemption from steel and aluminum tariffs despite a … Read more

Most Asian stocks rise amid thin holiday trading

Most Asian stocks rise amid thin holiday trading

Asia’s benchmark stock index rose as equities gained in Japan and South Korea, while several other regional markets remain shut for holidays. Sentiment was boosted after US shares extended this year’s rally on Tuesday. Japan’s Nikkei 25 Stock Average advanced for a second day, with retail shares rising after a travel pact was agreed with … Read more