Asia stocks sell-off as virus surges in US

Asia stocks sell-off as virus surges in US

Asia’s stock markets have slipped, bonds rose and the US dollar was firm as surging US coronavirus cases, global trade tensions and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery. MSCI’s broadest index of...
Asia stocks sell-off as virus surges in US

Asia stocks creep to four-month high

Asian shares have crept to a four-month high as investors remained stubbornly upbeat on the outlook for a re-opening of the global economy even as cases of the coronavirus looked to be accelerating to new peaks. MSCI’s broadest index of Asia-Pacific shares...
Asia stocks sell-off as virus surges in US

Asia stocks given pause by virus surge

Asian share markets have taken a breather as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in US retail sales in May broke all records. Geopolitics also lurked as a worry with India reporting 20 of its...
Asia stocks sell-off as virus surges in US

Asia stock rush pauses, bonds rally

Asian shares have eased while bonds rallied after a downbeat economic outlook from the US Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery. Still, stock losses were modest given the scale of their...
Asia stocks sell-off as virus surges in US

Asia stocks extend rally on recovery hopes

Asian stocks have rallied for their ninth straight day and oil prices have jumped as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery.The MSCI is up for the ninth straight session, its longest...