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US dollar droops toward weekly loss on lower US Treasury yields Bond markets stabilize after rush for safe havens on Thursday Oil edges lower as markets weigh Middle East risks TOKYO, Oct 16 (Reuters) — Asian stocks rebounded on Friday following heavy selling in the previous session when investors dumped tech shares as
The Hang Seng Index rose 1.1%, or 263 points, to 24,327 on Friday, recovering from the previous session’s losses as Asian equities rebounded following a selloff in technology and semiconductor stocks, with dip buyers stepping in amid easing concerns over global market volatility. Lower yields helped ease pressure on eq
AI-related shares stabilise after selloff Oil creeps higher as supply concern persists US CPI eyed for clues on Fed rate outlook By Jiaxing Li HONG KONG, Oct 14 (Reuters) — Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by e
The Hang Seng Index rose 1.0%, or 247 points, to 24,031 on Friday, snapping a two-session losing streak. Sentiment improved as US futures advanced and Asian shares recovered from earlier losses, while oil prices retreated after US President Trump said he would not attack Iran before the November midterm elections. The
0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.