Asian stocks edged up and US equity-index futures erased losses Friday after China said it’s evaluating possible trade talks with the US. The MSCI Asia Pacific Index gained 0.1% after China’s Ministry of Commerce said it’s evaluating negotiations. Japanese shares gained 1.1% on positive comments from Japan’s chief trade negotiator. Futures contracts for the S&P … Read more
Stocks in Asia got off to an uneven start in the wake of a US rally fueled by optimism over artificial intelligence spending. Shares in Japan started the day higher but benchmarks in Australia and Korea slipped. The MSCI Asia Pacific index was flat. The tepid open for Asian markets came after the S&P 500 … Read more
As global equities struggle after the Federal Reserve’s latest hawkish rhetoric, Southeast Asia’s growth outlook is making the region an investor favorite. Man Group Plc, SA and Credit Suisse Group AG are among those touting the region’s resilience after commentary at Jackson Hole reignited a worldwide selloff over the past week. The benchmark MSCI Asean … Read more
Foreigners are cutting and running in some key Asian emerging markets amid turbulent trading ahead of this week’s Federal Reserve meeting, where policymakers are expected to signal an interest-rate liftoff in March. Bloomberg Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India so far this week, according … Read more
By Ashutosh Joshi Shares of India’s . surged by record as analysts and investors lauded the company’s appointment of a former top executive at Unilever Plc’s local unit as its chief executive officer. The stock rallied almost 25% before paring gains to end at 22.19% in Mumbai, but was still the top gainer of the … Read more