Tag: Asian markets

Shares in Asian markets declined on Friday morning as concerns of an impending recession mounted as banking instability faces global markets. Investors are exhibiting concerns over the departure of clients following the collapse of Silicon Valley Bank and Signature Bank; the second and third-largest...

Global stocks rose on Friday amid strengthening economic conditions to get March trading off to a positive start. European and Asian stocks led the charge, while U.S. equities also realized marginal gains. European stocks secured a weekly gain, with the Stoxx Europe 600 index...

Asian shares rose on Wednesday on the back of reports indicating Chinese manufacturing growth following a prolonged period of Covid Zero restrictions. Hong Kong's Hang Seng rose 750 points to 20,552.60, thereby advancing by 3.8% while the Shanghai Composite added 32 points to 3,312.35; a...

European and Asian markets were on the rise on Monday morning as optimism regarding China's economic recovery continues to rise. Such investor confidence appeared to outweigh concerns over a flailing dollar as U.S. borrowing costs are expected to remain higher for longer. The Stoxx Europe...

Global stocks slumped on Friday morning after chipmaker Intel produced a grim quarterly forecast that raised investors' concerns over company earnings going forward. Futures on the S&P 500 fell 0.3%, while futures on the Nasdaq 100 declined by 0.5%. Futures on the Dow Jones Industrial...

Oman energy firm OQ SAOC intends to sell 49% of its oil drilling unit Abraj Energy Services SAOC in an initial public offering, the company confirmed in a statement. "We believe the company’s future is very bright, not least because it is already prequalified in...