Asian stocks fall to seven-month low

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Finance Finance Headlines News

MSCI index of Asia-Pacific shares falls to lowest level since mid-December

Asia’s stock markets fell to fresh troughs on Tuesday led by a third straight session of heavy selling in Chinese internet giants, while bond and currency markets traded on edge ahead of the Federal Reserve policy meeting.

Big decliners included Meituan and Alibaba, whose shares fell 8.15% and 3.38% respectively. Both were down for the third day in succession with investors expecting the companies’ food delivery arms to be affected by new regulations guaranteeing workers above minimum pay. Elsewhere in Asia, markets were a little more optimistic, with Japan’s Nikkei rising 0.35%, and Australian shares up 0.54%. S&P 500 futures dipped 0.1% and Euro Stoxx 50 futures were broadly steady.

Alphabet, Apple and Microsoft are due to publish quarterly results late on Tuesday, with Amazon.com’ due later in the week. The dollar hovered a little below recent highs, with the euro and sterling gaining ground, the latter helped by a decline in new daily Covid-19 cases in the UK.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE faces slumping Asian markets as Chinese regulators take aim at TencentThe JSE must contend with weaker Asian markets on Monday morning, with Tencent down 6.5% and markets reacting to another crackdown by Chinese authorities on tech firms. I still can't believe that real account manager exist I am so happy trading with shantelll_142 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! I am so grateful 🤗🤗
Source: SowetanLIVE - 🏆 13. / 63 Read more »

China stocks in US suffer worst wipeout since 2008Beijing’s crackdown on its tech and education sectors has erased $769bn in value from US-listed Chinese stocks over five months I want to use this medium to thank Rebeccamarcus70 for helping me to benefit from this platform, in just a week I got my profits without any additional fees. All thanks to him and his platform. They're indeed the best Rebeccamarcus70
Source: BDliveSA - 🏆 12. / 63 Read more »