Asia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe.
FILE PHOTO: A security guard wearing a face mask walks past the Bund Financial Bull statue, following an outbreak of the novel coronavirus disease , on The Bund in Shanghai, China March 18, 2020. REUTERS/Aly Song/File PhotoShare this contentHong Kong futures edged down 0.07per cent. Australian shares were also poised to open lower as COVID-19 rose in the country. Nikkei futures were trading 0.3per cent below the Nikkei 225 index's previous close.
White House negotiators late Tuesday vowed to work"around the clock" to reach a spending deal by the end of the week, but the Treasury Secretary warned they were not"going anywhere close" to the US$3.4 trillion Democratic leaders sought. The stimulus expectations on Tuesday sent gold prices above the key US$2,000 mark for the first time in history and lifted crude oil futures to their highest since March.
In Europe, shares slid. Spirits maker Diageo Plc and German drugs and pesticides group Bayer reported disappointing earnings.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia: Markets track Wall Street surge, focus turns to Capitol Hill[HONG KONG] Asian stocks advanced on Tuesday following another record close on Wall Street, with investors cheered by forecast-beating US data and hopes for fresh stimulus for the world's top economy. Read more at The Business Times.
Read more »
Asia markets mostly lower as coronavirus spike forces new lockdownsHONG KONG )AFP) - Asian markets mostly retreated on Monday Aug 3) with sentiment depressed by a spike in coronavirus infections that has forced fresh lockdowns and sparked worries about the impact on the world economy.. Read more at straitstimes.com.
Read more »
Asia stocks off to cautious start, dollar nurses scarsAsian shares and the dollar made a cautious start to the new month on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan and a ...
Read more »
EDBI invests in fraud protection firm Vesta to fuel its Asia-Pacific expansionFRAUD-protection fintech Vesta on Tuesday said it has secured an “incremental investment” from strategic investor EDBI, which will fuel the startup's expansion plans across the Asia-Pacific. Read more at The Business Times.
Read more »
Hong Leong Asia bags 97.23% of Tasek at close of offerHONG Leong Asia on Monday said it has garnered 97.23 per cent shareholding in cement manufacturer Tasek Corp Bhd as at the close of the unconditional voluntary takeover offer. Read more at The Business Times.
Read more »
Landslides kill 10 in Nepal as heavy rains take toll in South AsiaKATHMANDU: Heavy rain in Nepal triggered landslides on Monday (Aug 3) that killed eight labourers at a construction site and two members of a ...
Read more »