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Asia Pacific stocks were mostly up Wednesday morning, following modest gains in U.S. shares over U.S. stimulus hopes. U.S. stocks were up on hopes for more, and bigger, U.S. stimulus measures. This is to combat the economic impact of the pandemic. By 10:16 PM ET (3:16 AM GMT), China’s Shanghai Composite was up 0.29%. The …

Asian Stocks go Up, Following Modest Gains in U.S. Shares Read More »

Asian shares rose on Tuesday as investors’ confidence in China’s economic strength would help support growth in the region. That is even as pandemic lockdowns threatened to lengthen the road to recovery in the West. Monday’s data had confirmed China as one of the few to grow over 2020. Moreover, it picked up speed as …

Shares Up over China’s Economic Recovery, Earnings in Focus Read More »

Asia Pacific stocks were mixed on Monday morning, following U.S. shares losses during the previous session. This was over a lack of investor risk appetite. Besides, China released crucial data on its economic recovery process. By 9:44 PM ET (2:44 AM GMT), China’s Shanghai Composite gained 0.32%. Moreover, the Shenzhen Component climbed 0.71%.  Earlier in …

Asian Stocks Mixed, Chinese Stocks Rise, Economic Expansion Read More »

Asia Pacific stocks were mixed on Friday morning, with U.S. President-elect Joe Biden’s announcement of his mega stimulus plan. By 9:21 PM ET (2:21 AM GMT) Japan’s Nikkei 225 dropped 0.27%. South Korea’s KOSPI declined 1.84%. Moreover, Australia’s S&P/ASX 200 rose 0.25%. Hong Kong’s Hang Seng Index added 0.05%. In China, Shanghai Composite climbed 0.59%, …

Asian Stocks Mixed, amid $1.9 Trillion American Rescue Plan Read More »