Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
Global markets showed mixed results, with Chinese shares rising following a pledge to support markets. Gains in oil and gas offset Big Tech losses. Japan's Nikkei fell, while European indices saw modest gains.
BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by ... Meanwhile, in a bid to shore up its ailing equity market ahead, the China Securities Regulatory Commission said mutual funds should raise their holdings of onshore equities ...
TOKYO (AP) — The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level. The decision by the central bank came Friday at the end of a two-day policy board meeting in Tokyo.
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul. The S&P 500 advanced 0.5%, with the gauge topping the 6,
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul.
Asian equities rose, following a rebound in technology stocks that pushed Wall Street to a record high. Oil fell after President Donald Trump urged OPEC to lower crude prices and said he will push for interest-rate cuts.
Asian equities were on track to close the week higher, following a rebound in technology stocks that pushed Wall Street to a record high. Oil fell after President Donald Trump urged OPEC to lower crude prices and said he will push for interest-rate cuts.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared
U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to
Elevance Health led the insurance sector higher after it beat Wall Street’s sales and profit targets and raised its dividend. Elevance rose 5.5% before the bell, followed by Cigna, which rose 3.8% and UnitedHealth Group which gained 1.6%. CVS Health inched up 1.3%.