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Asian stocks

Asian stocks tumble despite 1-trillion-dollar US stimulus plan

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Asian shares fell sharply on Wednesday after US futures dropped despite its 1-trillion-dollar economic stimulus plan to tackle the global fallout of the novel coronavirus pandemic. Japan’s benchmark Nikkei 225 Stock Average lost 284.98 points, or 1.68 per cent, to close at 16,726.55. The index had climbed 2.26 per cent in the morning. South Korea’s Kospi […]

Global stocks, pound rise on cautious Brexit deal hopes

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The Asian stock and the pound gained as investors hold out hope on Britain leaving the EU ( Brexit).

Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union (Brexit) at key negotiations this week. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 per cent. Australian shares were up 0.17 per cent, while […]