Shares in duallisted Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards. The move by the Securities and Exchange Commission SEC adds to the unprecedented regulatory crackdown in China on domestic […]

Japanese shares closed higher on Thursday as investors scooped up beatendown cyclical stocks, although gains were capped by technology shares that tracked Nasdaq lower. The Nikkei 225 Index ended 1.14 higher at 28,729.88, ending a fourday losing streak, while the broader Topix jumped 1.4 to close at 1,955.55 after falling in three straight sessions. There […]

The dollar hit a fresh fourmonth high against the euro on Thursday as the U.S. pandemic response continued to outpace Europes, which has been hobbled by extended lockdowns and delayed vaccine rollouts. The safehaven greenback held on to most of a broad twoday advance, which has been fuelled by worries ranging from Europes third COVID19 […]

Indian shares fell on Thursday, led by losses in financial and technology companies, as sentiment was weighed by concerns over the economic impact of surging coronavirus cases. The bluechip NSE Nifty 50 index fell 0.5 to 14,479 and the benchmark SP BSE Sensex dropped 0.4 to 48,967.88, as of 0347 GMT. The indexes fell nearly […]

SYDNEY, March 25 Reuters The Australian and New Zealand dollars were trying to steady on Thursday as upbeat data on global factory activity helped put a floor under commodity prices, though the technical background looked bleak after breaks of multiple support levels. The Aussie was holding on at 0.7594 and in a precarious position having […]

LONDON, March 24 Reuters Germanys 10year bond yield fell to a fiveweek low on Wednesday, a sign of unease that tighter restrictions to contain a fresh wave of COVID19 could hurt the euro zone economy. Still, IHS Markits flash composite PMI, a closelytracked economic indicator, bounced above the 50 mark separating growth from contraction to […]

Chinese video platform Bilibili will raise around 2.6 billion in its upcoming Hong Kong listing. The Nasdaqlisted technology company said on Tuesday that it will price the 25 million shares it will issue at 808 Hong Kong dollars each. That translates to around 104.06 per American depositary share ADS, Bilibili said. Gross proceeds from the […]

Gold futures were headed higher Wednesday, supported by some safehaven buying, amid developments in Europe that suggest a longer lockdown period due to a renewed spread of COVID19. Gold for April delivery was rising 6.50, or 0.4, to trade at 1,731.70 an ounce, after shedding 0.8 and posting the lowest settlement for a mostactive contract since […]

LONDON, March 24 Reuters Sterling cut some earlier losses on Wednesday after data showed a rush of new orders by businesses anticipating an easing of Britains lockdown prompted a much stronger rebound for UK companies than expected in March. The flash IHS MarkitCIPS UK Composite Purchasing Managers Index rose to a sevenmonth high as Britains […]

Rates as of 0500 GMT Market Recap A fairly typical riskoff day, with the commodity currencies losing ground and JPY USD gaining. The anomalies were CHF, which performed poorly, and to some extent EUR, which didnt fall as much as it might have vs the stronger dollar. The decline of NZD and AUD that began […]