By Administrator_India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning, following the downward trend set by their U.S. counterparts. A crackdown in China from earlier in the week continues to have a ripple effect, while the latest U.S. megacap technology earnings were mixed. Japan’s Nikkei 225 fell 1.16% by 10:39 PM ET (2:39 AM […]
Tag: Asia
Japan gathering information on Nomura, MUFG losses linked to U.S. client
By Administrator_India Capital Sands Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed U.S. client, and will gather and share information on the matter with the Bank of Japan and overseas authorities, the finance minister said. Taro Aso’s comments come after Mitsubishi UFJ Financial Group estimated […]
Dollar Up, But Friendless as it Heads Towards Worst Week in a Month
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia but slid through major support levels and was headed towards its worst week in a month. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 89.817 by 9:24 PM ET (2:24 AM GMT). The dollar […]
Asian shares rise on vaccine bets but analysts urge caution
By Administrator_India Capital sands TOKYO/BOSTON (Reuters) – Asian shares rose toward a more than two-year peak on Thursday, buoyed by sustained global stimulus efforts and hopes of a coronavirus vaccine, but some analysts warned of the risk of a correction lower. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.44%, approaching the highest since […]
Dollar Steady in Asia Ahead of Jobs Report
By Administrator_India Capital Sands The US dollar index that tracks the greenback against a basket of currencies was flat at 92.47 by 10:23 PM ET. Data on non-farm payrolls out on Friday in the U.S. could shed some light on the strength of the economic recovery there. On Thursday, the U.S. Department of Labor reported initial […]
Modi urges citizens to follow lockdown as coronavirus spreads
By Administrator_India Capital Sands Prime Minister Narendra Modi urged Indians to comply with a nationwide lockdown and social distancing measures on Sunday, a day after some of the world’s toughest restrictions were eased slightly while cases of COVID-19 continued to mount. In a radio address, Modi said the country was in the midst of a […]