Japanese stocks reversed course to close higher on Monday as investors hoped talks between Russia and Ukraine would yield a positive outcome, easing concerns about the economic impact of tough Western sanctions on Russia. The Nikkei index rose 0.19 percent to close at 2,6526.82 points, after falling 0.8 percent earlier …
Read More »European Stocks Are Rebounding After Falling
Europe’s main stock index rebounded on Friday after hitting its lowest level in nine months, affected by a rally in late Wall Street yesterday, as investors hunted for shares that fell in prices after heavy selling this week, amid concerns about the repercussions of the Russian invasion of Ukraine. By …
Read More »Japan’s Nikkei Index Rises Supported by Technology
Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …
Read More »European Shares Fall 3% After Russia’s Invasion of Ukraine
European shares fell 3 percent on Thursday, as investors turned away from risky assets after Russia’s attack on Ukraine raised fears of war in Europe, contributing to inflation and hampering economic growth. The pan-European Stoxx 600 index fell 2.9 percent, its lowest since May 2021. Germany’s DAX index fell 3.7 …
Read More »European Shares Rise, Supported by Strong Earnings
European shares jumped 1% on Wednesday, supported by a batch of strong earnings data, and as investors digested news of the first Western sanctions against Russia over its crisis with Ukraine. The pan-European STOXX 600 index rose 1.1 percent after fears of a full-blown Russian invasion of Ukraine pushed it …
Read More »Japan Imposes New Sanctions Against Russia
The Prime Minister of Japan, Kishida Fumio, announced the imposition of sanctions against Russia against the backdrop of Russia’s recognition of the independence of the Donetsk and Luhansk People’s Republics from Ukraine. Japan’s sanctions stipulate banning exports from the republics of Donetsk and Luhansk, freezing the assets of their officials, …
Read More »Ukraine’s Tension: China Among Few Winners, Losers Are Several
Any Russian incursion into Ukraine would have far-reaching economic repercussions for global economies. There will be surely winners and losers. In this particular crisis, China will likely benefit from diversion of Russian exports. Energy Sanctions on Russian gas by the United States and its allies could pay dividends for China, …
Read More »European Shares Fall to Their Lowest Level in Seven Months Due to The Ukraine Crisis
European shares fell in early trading on Tuesday to their lowest levels in seven months, as investors worried about the possibility of economic sanctions against Russia, which has ordered the deployment of troops in two breakaway regions in eastern Ukraine. The pan-European Stoxx 600 index fell 1.7 percent, down for …
Read More »Japanese Stocks Close Lower For The Fourth Day
Japan’s Nikkei closed lower on Tuesday for the fourth consecutive session as tensions escalated over Ukraine. The Nikkei fell 1.71 percent to 26,449.61 points, but it made up for part of a 2.5 percent loss. The broader Topix index fell 1.55 percent to 1881.08 points, to close down for the …
Read More »European Shares Track Global Market Rally, Boosted by Optimism About Ukraine Summit
European shares rose on Monday, tracking global markets rallying with positive signs, as investors hoped for a solution to the Ukraine crisis after news that US and Russian leaders had agreed in principle to hold a summit on the issue. The pan-European STOXX 600 index rose 0.6 percent, tracking an …
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