Tag «Asian shares»

Asian shares slip, bitcoin tumbles as inflation worries linger

Asia stocks mixed, U.S. inflation test looms

By Administrator_India Capital Sands Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now. Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped …

Tech-led Wall Street rebound set to lead Asia higher

Tech-led Wall Street rebound set to lead Asia higher

By Administrator_India Capital Sands A late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and prospects of an economic recovery, overcoming concerns about renewed Sino-U.S. trade tensions. Futures on major U.S., Hong Kong and Australian indexes were up about 0.3% in …

Asian shares fall on fresh rout in crude prices

Asian shares fall on fresh rout in crude prices

By Administrator_India Capital Sands Asian shares and U.S. stock futures dipped into the red on Tuesday, erasing earlier gains as a renewed decline in oil prices overshadowed optimism about the easing of coronavirus-related restrictions seen globally. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3%. Shares in China fell 0.7% and South Korean …