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Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%

February 24th, 2016 (0)
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei 225 retraced losses over 1.7 percent early on to trade down ...

7 Asian Banks Investigating Bitcoin and Blockchain Tech

February 17th, 2016 (0)
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...

Nikkei surges 7%, Topix up 8.3%; China lose ground

February 15th, 2016 (0)
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New Year holiday. The Nikkei 225 retraced losses some of Friday’s losses, jumping ...

Nikkei extends losses with banks, commodities stocks under pressure

February 10th, 2016 (0)
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...

Australia, Japan sell-off amid global rout; Nikkei drops 5.4%

February 9th, 2016 (0)
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...

Asia markets retrace losses; banks remain under pressure

February 8th, 2016 (0)
Markets in Australia and Japan rang in the year of the monkey on a slightly higher note, erasing early losses Monday. Most major Asian markets remained closed for the Lunar New Year holidays. Down Under, the ASX 200 erased losses of ...

Asia markets trade lower, focus on oil, earnings and central banks

February 2nd, 2016 (0)
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, to close down at 17,750.68, while South Korea’s Kospi slipped ...

Asia trades mixed after data shows January fall in China factory activity

February 1st, 2016 (0)
Asia markets traded mixed Monday afternoon, with major indexes in Australia, Japan and South Korea extending gains after the Bank of Japan’s (BOJ) surprise move into negative interest rates on Friday sent stocks higher from Tokyo to New York. ...

Oil Drops as Saudis to Maintain Spending, China Diesel Use Falls

January 26th, 2016 (0)
Saudi Aramco hasn’t cut investment in oil projects: chairman China’s diesel consumption in December dropped for 4th month  Oil dropped after Saudi Arabia, the world’s biggest crude exporter, said low prices won’t reduce its spending on energy projects and China’s ...

Oil rout, Fed-ticipation hurts Asia stocks; China leads losses

January 26th, 2016 (0)
Asian equities came under pressure on Tuesday from a renewed selloff in oil overnight, ahead of the Federal Reserve’s monetary policy decision on Thursday. U.S. crude fell below $30 a barrel after sliding as much as 7 percent on ...
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