Asia stocks decline again, as pressure stays on tech shares in China and Hong Kong
BEIJING — Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn.
The Kospi 180721, -0.49% in Seoul lost 0.6% to 3,211, while Sydney’s S&P-ASX 200 XJO, -0.77% gave up 0.7% to 7,378. New Zealand and Southeast Asian markets declined. Shares in Chinese internet giants slid for a third day as investors waited for possible new action after Beijing stepped up anti-monopoly and data security enforcement against the industry. They were reported to be considering restrictions on for-profit education ventures.
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.
Despite Growing Threats, Netflix Remains On Course in Asia, Says ReportNetflix divided analysts with its most recent earnings report. Its prospects in Asia-Pacific look stronger in the second half of the year, according to research firm Media Partners Asia. But threat…
Read more »
Asia equities tick up, as investors look to the U.S.Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reservemeets on policy this week.
Read more »
IMF cuts emerging Asia growth forecast on COVID-19 resurgenceThe International Monetary Fund on Tuesday cut this year's economic growth forecast for emerging Asia, as a spike in coronavirus cases from new variants and slow vaccinations cloud the region's recovery prospects.
Read more »
U.S. stock futures slip ahead of tech results as China crackdown casts shadowU.S. stock futures slipped Tuesday ahead of a barrage of tech-sector earnings, with a Chinese regulatory crackdown casting an overhang over the market.
Read more »
U.S.-listed China education stocks tumble again as Beijing makes industry crackdown officialA crackdown on the education industry in China has J.P. Morgan throwing in the towel on U.S.-listed education stocks that have been hammered in the last two...
Read more »
Nationalist sentiment rises as China off to strong start at Tokyo OlympicsThe Olympics has long been an occasion for celebrating national pride. And for an increasingly confident China, the Tokyo Games is seen as the latest opportunity to showcase its national strength, as it looks to challenge the United States for top spot on the medal table.
Read more »