Asian stocks stumble as weak China data fan global growth worries

HONG KONG (Reuters) – Asian shares fell on Wednesday as weaker-than-expected Chinese economic data reinforced worries about slowing global growth, amid fraught nerves over pandemic-related business disruptions and central banks’ plans to taper stimulus.FILE PHOTO: A man wearing a protective face mask walks past a stock quotation board outside a

Equities fall as U.S. inflation data raises more questions

NEW YORK (Reuters) – Global markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, raising renewed questions on when the U.S. central bank will begin tapering its asset purchases.FILE PHOTO: The floor of the the New York Stock Exchange (NYSE) is seen after the close

Global markets edge lower as U.S. inflation data raises more questions

NEW YORK (Reuters) – World markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, stoking uncertainty over U.S. central bank policy.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 13,

Japan's stock market emerges as clear winner of Suga's abrupt resignation

TOKYO/SINGAPORE (Reuters) – While the race for ruling party leader remains wide open, the Japanese stock market has emerged as a clear winner of Prime Minister Yoshihide Suga’s abrupt departure, with the broad Topix index soaring to 31-year highs.FILE PHOTO: FILE PHOTO: Japanese Prime Minister Yoshihide Suga attends a news

Asia stocks in cautious mood, dollar near 1-mth lows

SYDNEY (Reuters) – Asian share markets were in a cautious mood on Thursday as concerns grew over the Chinese economy after a run of soft data, while the risk of a sub par U.S. payrolls report kept the dollar on the defensive.FILE PHOTO: A man wearing a face mask is

Asian shares rise on dovish Fed prospects but China caps gains

HONG KONG (Reuters) – Asian shares perked up and the dollar fell to two-week lows on Monday after U.S. Federal Reserve Chairman Jerome Powell struck a dovish tone at the central bank’s long-awaited symposium, although investors remained cautious about prospects in China.FILE PHOTO: A man wearing a protective face mask,

Stocks fall, U.S. yields rise after Fed officials focus on taper timeline

NEW YORK (Reuters) – Global equity markets slipped while U.S. Treasury yields rose to two-week highs on Thursday after two hawkish Federal Reserve officials called for the U.S. central bank to start ending its bond-buying program ahead of a key speech by Fed Chair Jerome Powell.FILE PHOTO: A Wall Street

Analysis-Investors see no speed bump in Fed's Jackson Hole event

CHICAGO/NEW YORK (Reuters) – Despite weeks of anticipation, investors have lowered their expectations for Friday’s Jackson Hole event here, saying that U.S. Federal Reserve Chair Jerome Powell has little reason to rock the boat.FILE PHOTO: Federal Reserve Chair Jerome Powell and New York Federal Reserve President John Williams walk together,

Asian shares move off near year lows, NZ holds rates steady

HONG KONG (Reuters) – Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.An investor looks at a stock quotation

Analysis-Reflation rethink sends bond markets into a spin

LONDON (Reuters) – An economy powering back from the COVID-19 shock and resurgent inflation is yesterday’s story if the sharp rally in the world’s biggest bond markets in the last 24 hours is anything to go by.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen