Business

Tokyo / BLOOMBERG Tokyo stocks fell on Tuesday as a stronger yen hit exporters and auto parts giant Takata dived on news it could be hit with tens of millions more recalls linked to a deadly airbag scandal. The market got off to a strong start, tracking a rally on world bourses as oil prices picked up. But those gains ...

Hong Kong / AFP Asian shares swept higher on Monday, with Shanghai leading the charge after China replaced its securities regulator, while a rise in oil prices cheered investors across the region. Equities extended last week’s sharp rally, notching gains almost across the board after news that Russia and Saudi Arabia may freeze production sent crude higher. Chinese shares closed ...

Tokyo / AFP Tokyo stocks shrugged off early losses on Monday morning as a weakening yen gave a lift to exporters and oil prices rebounded, after the market’s biggest weekly rise in six years. The benchmark Nikkei 225 index fell at the opening bell, tracking a dip on US and European markets Friday, as uncertainty hung over world oil output. ...

New York / AFP Global markets sagged but still turned in one of the strongest weeks of 2016 despite worries about economic growth and weak commodity prices. China’s intervention to support the yen and scare off devaluation speculators, and a deal struck to possibly avert Britain’s pullout from the European Union, reduced some of the risks that had dogged markets ...

DUBAI / WAM Integrated Securities, one of the UAE’s brokerage firms and a subsidiary of Abu Dhabi Financial Group (ADFG) has become a Member of Nasdaq Dubai, providing its clients with the opportunity to trade equities on the region’s rapidly expanding international stock exchange. Integrated Securities’ arrival on the market opens a new gateway for both its retail and institutional ...

Hong Kong / AFP Asian stocks mostly joined a global rally on Thursday with a surge in oil prices providing some much-needed confidence as key producer Iran praised an output freeze by Saudi Arabia and Russia. Crude, which last week flirted with 13-year lows, extended a surge that began Friday as dealers grow hopeful of an easing to the overproduction ...

New York / AFP Shares of oil companies and miners surged on Wednesday behind higher commodities prices as US stocks notched gains for the third straight session. The Dow Jones Industrial Average jumped 257.42 points (1.59 percent) to 16,453.83. The broad-based S&P 500 rose 31.24 (1.65 percent) to 1,926.82, while the tech-rich Nasdaq Composite Index gained 98.11 (2.21 percent) at ...

Hong Kong / AFP Most Asia stock markets went into reverse on Wednesday after a recent rally, with energy firms down and oil unable to hold early gains after an output freeze by top producers Saudi Arabia and Russia left investors disappointed. The commodity had enjoyed a surge from Friday to early Tuesday as Moscow and Riyadh — the world’s ...

New York / AFP Beaten-down technology and banking shares jumped Tuesday as US stocks shrugged off a drop in oil prices to move firmly higher. The Dow Jones Industrial rose 222.57 points (1.39 percent) to 16,196.41. The broad-based S&P 500 climbed 30.80 (1.65 percent) to 1,895.58, while the tech-rich Nasdaq Composite Index jumped 98.44 (2.27 percent) to 4,435.96. Apple and ...

Hong Kong/ AFP Asian markets extended their rally on Tuesday as hopes were raised that major oil exporters Russia and Saudi Arabia could agree action to ease a global supply glut, and authorities will step in to boost growth in major economies. Gains on European markets also gave investors confidence to buy again as Shanghai surged more than three percent ...