(RTTNews) - The Hong Kong stock market on Friday ended the two-day winning streak in which it had gathered more than 185 points or 0.8 percent. The Hang Seng Index now sits just above the 23,830-point plateau although it's likely to rebound on Monday.
(RTTNews) - The Australian stock market opened higher on Monday following the positive cues from Wall Street Friday and the steady increase in crude oil prices, but failed to sustain gains after National Australia Bank reported weak earnings results.
(RTTNews) - The China stock market has moved lower in two straight sessions, sinking more than 35 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 2,810-point plateau although it may stop the bleeding on Monday.
The Bank of Japan is expected to expand monetary stimulus on Monday for the second straight month to ease corporate funding strains and finance huge government spending aimed at combating the deepening economic fallout from the coronavirus pandemic.
Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatments of the deadly disease but said, until there is concrete progress in these areas, further stock market gains may be limited.
China's March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases from No.2 supplier Russia rose 31%, Reuters' calculations based on customs data showed on Sunday.
Chile´s foreign ministry said Sunday it was "astonished" by comments from Argentine President Alberto Fernandez who recently met with Chilean opposition leaders, lambasting its neighbor for "meddling in the internal affairs of Chile."
China reported three new confirmed coronavirus cases on April 26, down from 11 a day earlier, with no new deaths, the country's health authority said on Monday.
(RTTNews) - The Taiwan stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 80 points or 0.8 percent. The Taiwan Stock Exchange now sits just beneath the 10,350-point plateau although it may move higher again on Monday.
Asian shares inched higher on Monday ahead of a busy week for earnings and central bank meetings, with much chatter the Bank of Japan (BOJ) will announce more stimulus steps.
The yen was hemmed into a tight range on Monday before a Bank of Japan meeting where policymakers may consider scrapping limits on bond purchases and easing funding for companies hit by the coronavirus crisis.
National Australia Bank Ltd on Monday said it plans to raise up to A$3.5 billion and increase provisions to more than A$2 billion to guard against a hit from the coronavirus pandemic, and slashed its interim dividend by 64% to save cash.
One of the market's hottest stocks this year is Tesla Motors (NASDAQ: TSLA). The maker of next-gen electric cars is trading 73% higher in 2020. Larger U.S. automakers are driving in reverse. Ford (NYSE: F) and General Motors (NYSE: GM) have plummeted 47% and 39%, respectively,
One of the most controversial stocks of the COVID-19 downturn is Disney (NYSE: DIS). No doubt, Disney is a timeless brand, with incredible diversity and vast reach across the entire entertainment industry.
Oil prices have gone berserk in the past week. The May contract for West Texas Intermediate, which is the main oil price benchmark, plunged into negative territory on Monday. Like a game of musical chairs, oil price speculators were in a mad dash to unload oil futures contract
Stocks declined last week after jumping in each of the prior two weeks. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) lost less than 2%, leaving the indexes down 17% and 12% so far this year, respectively.
When you can invest in a dividend stock on the cheap, it gives you the opportunity to benefit from not just the steady income from its regularly scheduled payments, but also from the capital gains you earn if it rises in value. In many cases, that price appreciation can produce
Boston Beer (NYSE: SAM) missed analysts' earnings estimates by a wide margin in the first quarter as the fallout from the coronavirus pandemic upended the alcoholic beverages market.
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