DIRS.INFO The most relevant business & tech news

☆ Asia-Pacific markets trade lower; China's offshore yuan hits record low overnight
▼ + stars: | 2022-10-20 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

An employee works at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 13, 2022. Shares in the Asia-Pacific traded lower on Thursday as economic fears weigh. The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.37%. The offshore yuan touched a record low against the U.S. dollar overnight, weakening to 7.2745 per dollar. The Japanese yen reached yet another fresh 32-year low of 149.90 against the greenback, and was last at 149.85.

☆ Asia-Pacific markets inch up after Wall Street gains overnight
▼ + stars: | 2022-10-19 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A pedestrian looks at Japanese companies' share prices of the Tokyo Stock Exchange displayed on an electronic board in Tokyo on April 30, 2021. Shares in the Asia-Pacific inched higher on Wednesday following a second day of gains in major U.S. indexes. The Japanese yen remained above 149 against the U.S. dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally higher. China was due to release home prices data Wednesday, but the release has been delayed.

☆ Asia-Pacific markets rise after Wall Street's jump; yen hovers near 149-levels
▼ + stars: | 2022-10-18 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific traded higher on Tuesday after Wall Street's rally overnight. Japan's yen touched 149.08 against the dollar and was last trading near 148.90. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.46%. The unusual move comes as the Communist Party of China holds its 20th National Congress.

☆ Asia-Pacific markets slip as recession fears weigh
▼ + stars: | 2022-10-17 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Pedestrians walk in front of an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on March 7, 2022. Shares in the Asia-Pacific fell on Monday as recession fears weigh in over expectations of continued tighten monetary policies around the world. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.6% lower. Later in the week week, several countries in the region are slated to report inflation data, while Australia will release unemployment statistics and China will announce its loan prime rate decision. U.S. stocks closed the previous week lower after a University of Michigan survey showed inflation expectations were increasing.

☆ Asia-Pacific markets trade mixed ahead of U.S. inflation data
▼ + stars: | 2022-10-13 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A man looks at an electronic quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on August 2, 2022. Shares in the Asia-Pacific were mixed on Thursday as investors await inflation data from the U.S. due later stateside. The Nikkei 225 in Japan was fractionally lower and the Topix was down 0.28%. Japan's yen strengthened in Asia's morning after touching 146.98 per dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was just above the flatline.

☆ Asia-Pacific markets mixed amid fears of slowing growth; yen weakens past 146
▼ + stars: | 2022-10-12 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were mixed on Wednesday amid concerns over the global economy and ahead of the Bank of Korea's rate decision. The Nikkei 225 in Japan was lower by about 0.2% while the Topix lost 0.15%. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed. South Korea's central bank is expected to raise interest rates by 50 basis points to 3% on Wednesday, according to a Reuters poll. The Korean won last changed hands at 1,432.30 per dollar.

☆ World stocks head back towards 2-year lows as mood sours
▼ + stars: | 2022-10-11 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +4 min

There was a modest respite for Britain's battered bond market after the Bank of England said it would start purchasing inflation-linked debt. And MSCI's world stock index was down 0.5% -- moving back towards roughly two-year lows hit last week (.MIWD00000PUS). Emerging market stocks hit their lowest level since April 2020 and are on track for a near-30% tumble year-to-date, its worst year since the 2008 global financial crisis. GILT RESPITEBritish government bond or gilt yields edged lower, having soared on Monday, following the BoE's latest efforts to shore up the battered bond market. The Aussie dollar fell to a 2-1/2-year low of around $0.6248 and the kiwi dollar hit a low of $0.5536.

☆ War and prospect of rate hikes hoist dollar, gilt wipeout hits Treasuries
▼ + stars: | 2022-10-11 | by ( Selena Li | ) www.reuters.com time to read: +3 min

"Sentiment has also not been helped by a big core global bond sell off led by UK gilts, notwithstanding a flurry of announcements designed to calm UK debt markets," he added. Treasury yields jumped when trading resumed after Monday's U.S. holiday, with 30-year yields up 11 basis points to an almost nine-year high of 3.956%. That outlook is giving dollar bulls another run and has the greenback drifting toward the milestone highs it scaled last month. The Aussie made a 2-1/2 year low of $0.6260 in the Asia session and the kiwi a low of $0.5541. The Japanese yen , at 145.75 per dollar, was within a few pips of the level that prompted official support a couple of weeks ago.

☆ Asia-Pacific markets open higher after Wall Street rebounds overnight
▼ + stars: | 2022-09-29 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Pedestrians cross a road in front of an electronic quotation board displaying the numbers of company stock prices on the Tokyo Stock Exchange in Tokyo on May 13, 2021. Shares in the Asia-Pacific rose at the open on Thursday following a rebound on Wall Street overnight. The Nikkei 225 in Japan advanced 1% and the Topix index gained 0.31%. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.72%. The S&P 500 gained 1.97% to 3,719.04, staging a comeback after notching a new bear market low the previous session.

☆ Asia-Pacific markets open mixed after S&P 500 closes near two-year lows
▼ + stars: | 2022-09-28 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The Dow and S&P 500 have fallen for six straight days, with many of those seeing broad selling typical of so-called "washout" days. That can sometimes be a contrarian buy signal on Wall Street, but many investment professionals are skeptical that the selling is over. One reason is that earnings expectations for next year still show solid growth, which would be unlikely in the event of a recession. "But I have a hard time reconciling in my mind that the earnings story is going to be as good as we expect." Additionally, the dramatic moves in the bond and currency markets means that "something broke" and it may be smart to wait for that information to shake out, Smith said.

☆ Asia-Pacific markets open higher following negative start to the week
▼ + stars: | 2022-09-27 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Visitors stands in front of an electronic ticker at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific were higher on Tuesday after sharp falls on Monday. The Nikkei 225 in Japan rose 0.65%, and the Topix index gained 0.66%. South Korea's Kospi was marginally up, and the Kosdaq gained 0.64%. MSCI's broadest index of Asia-Pacific shares outside Japan was about flat.

REUTERS/David GraySummarySummary Companies Net zero push stokes hopes for offshore wind projectsVictoria state aims for 9 GW offshore wind by 2040Sector needs new regulations, to lure technology suppliersIndustry also set to face environmental, landowner concernsMELBOURNE, Sept 27 (Reuters) - Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting interest from the likes of Shell, Denmark's Orsted and Norway's Equinor. To many in the industry, Australia could well become the next boom market for offshore wind. Community concerns about the impact of wind turbines on bird life, such as orange-bellied parrots, and sealife, such as fish and whales, are also expected. "There's only a limited number of vessels in the world that can be used for erecting turbines offshore. Victoria state's Gippsland coast first in lineThe state, which has spearheaded the country's offshore wind push, plans to procure 2 gigawatts (GW) of offshore capacity with supply due by 2032, enough to power 1.5 million homes.

☆ Nikkei, Kospi fall 2%; Asia-Pacific markets drop as negative sentiment remains
▼ + stars: | 2022-09-26 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Shares in the Asia-Pacific fell sharply on Monday as negative sentiment continues to weigh in on markets. The Nikkei 225 in Japan dropped 2.19% in early trade, and the Topix slipped 2%. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.19% lower. Onewo, a subsidiary of property developer China Vanke, is set to debut on the Hong Kong stock exchange this week as well.

☆ Asia-Pacific markets inch lower as investors weigh Fed hike
▼ + stars: | 2022-09-23 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Tuesday, Feb. 6, 2018. Asia-Pacific shares slipped on Friday as investors continue to weigh the Federal Reserve's aggressive stance. In Australia, the S&P/ASX 200 opened slightly higher but gave up gains to fall 1.16% on its return to trade after a holiday on Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.18%. On Wall Street overnight, stocks fell for a third consecutive day over recession fears following the Fed's latest 75-basis-point rate hike.

☆ Asia-Pacific markets trade higher as Japan's core inflation rises
▼ + stars: | 2022-09-20 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

An employee works at the Tokyo Stock Exchange in Tokyo, Japan, on Jan. 13, 2022. Shares in the Asia-Pacific rose Tuesday as Japan's inflation accelerated and ahead of China's interest rate decision. Japan's Nikkei 225 rose 1.14% on its return to trade after a holiday and the Topix gained 0.87%. Core inflation in Japan increased 2.8% from a year ago, the fastest rate of increase since late 2014, topping the prediction of 2.7% in a Reuters poll. U.S. stocks wavered between positive and negative territory overnight before closing higher before the Fed's meeting begins Tuesday stateside.

Search resuls for: "Pacific Market"

15 mentions found