asian markets


Asia braces for Reddit volatility as Citadel faces GameStop fallout

Asia braces for Reddit volatility as Citadel faces GameStop fallo

(ATF) Citadel Securities is making huge revenue gains from the boom in online stock trading but facing intense focus on its role as a market-maker from investors driving the volume. A rise in the price of silver in early Asian trading points to another week of Reddit-driven volatility.Billionaire Ken Griffin …

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Markets retreat after US stimulus delay, China bubble warning

Markets retreat after US stimulus delay, China bubble warning

(ATF) Hong Kong: Asian markets were slammed by concern about the delay in passage of the US pandemic aid package with Beijing’s worries around asset bubbles also hurting sentiment.PBoC adviser and influential economist Ma Jun said potential bubbles in stocks and properties are a risk if Beijing fails to shift …

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GDP surprise stokes China markets

GDP surprise stokes China markets

(ATF) Hong Kong: Japanese and Australian markets were crimped by coronavirus concerns as investors braced for more economic restrictions but Chinese markets outperformed after the economy’s surprise fourth-quarter expansion.Australian Department of Health Secretary Brendan Murphy said the country is unlikely to fully open its borders this year even if most …

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Markets pause as lockdown fears take hold

Markets pause as lockdown fears take hold

(ATF) Hong Kong: Asian markets ended the week on a jittery note as the US stimulus stoked rally lost steam and the spike in infections stoked worries around another round of lockdowns and a setback to the economic recovery.Authorities in China, UK and Germany are considering tightening lockdown restrictions amid …

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Markets this week: Biden's stimulus plan; China counter-measures

Markets this week: Biden's stimulus plan; China counter-measures

(ATF) Economic eventsInvestor optimism will be constrained by the intensifying conflict between the world’s two biggest economies after Beijing announced steps widely seen as retaliation against the recent Trump administration bans against Chinese companies.Optimism has been elevated by President elect Joe Biden’s comments the bipartisan package passed in December was …

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Fiscal spending hopes fires up bulls

Fiscal spending hopes fires up bulls

(ATF) Hong Kong: Asian markets roared ahead on Friday as investors bet President-elect Joe Biden’s government and a Democrat-controlled Congress would accelerate the pace of stimulus spending in the world’s biggest economy.Despite expectations of a feeble jobs report later in the US trading session, markets remain optimistic that last week’s …

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China outperforms on stimulus hopes

China outperforms on stimulus hopes

(ATF) Hong Kong: Asian markets were in a broad retreat amid concerns that a possible Democratic win in the US Senate run-off election in Georgia, could result in greater corporate regulation and higher taxes.But Chinese stocks surged amid expectations of government support measures to combat the impact of the coronavirus …

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Caution ahead of Georgia runoffs; HK gets telco boost

Caution ahead of Georgia runoffs; HK gets telco boost

(ATF) Hong Kong: Asian markets were cautious ahead of the key Senate election in the US state of Georgia that could influence Joe Biden’s reform agenda when he takes over as President.But Hong Kong and mainland China stocks rallied ahead of the US Department of Transportation's publication this week of …

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Asian markets make firm start to 2021 on recovery signs

Asian markets make firm start to 2021 on recovery signs

(ATF) Hong Kong: Asian markets made a flying start to 2021 as the confidence of vaccine rollouts and sustained economic recovery pushed investors to pile into risky assets. Wall Street’s blistering year-end session last week also added fuel to the rally. Regionally, the MSCI Asia Pacific index advanced 0.4% as …

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Market looks past Trump fuss, virus strains

Market looks past Trump fuss, virus strains

(ATF) Hong Kong: Asian markets climbed on the confidence that vaccine rollouts and stimulus programmes across the world would fire up the global economy – looking past US President Donald Trump’s objections to Congress' latest coronavirus relief bill.Investor confidence was also fuelled by a sense that Britain and the European …

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