Stocks slip as markets await US response

Stocks slip as markets await US response

Asia’s stock markets have pulled back and major currencies have been held in check as investors await the US response to China tightening control over the city of Hong Kong. China’s parliament on Thursday pressed ahead with national security legislation...
Stocks slip as markets await US response

Oil rises on lower US stocks, more demand

Oil prices rallied overnight after US crude inventories fell in the most recent week, but gains were capped by worries over the economic fallout from the coronavirus pandemic and weak refining margins. Oil futures have staged a recovery from recent weakness as...
Stocks slip as markets await US response

Stocks adrift as vaccine rally falters

Asian stocks have struggled to extend the week’s rally and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of...
Stocks slip as markets await US response

Stocks fall on renewed virus fears

Stocks and oil prices have fallen as fears about a second wave of coronavirus infections gripped financial markets. Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed...
Stocks slip as markets await US response

Asian stocks skid on virus resurgence fear

Asian shares have skidded on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. The central Chinese city of Wuhan reported five new cases on...