Stocks

BLOOMBERG Signs are emerging that Japanese retail investors are getting on the equity bandwagon after having largely missed out on a historic rally. Their buying could help Japanese stocks regain some of the upward momentum that was lost over the past two weeks due to a stronger yen and concerns the Bank of Japan will tweak policy later this month. ...

BLOOMBERG The risk-on mood in markets stretched into another day as stocks climbed and the dollar weakened to a 15-month low. European shares extended the rally, which saw the Stoxx 600 Index surge 1.5%. Swatch Group AG, the maker of Omega and Longines watches, jumped more than 6% as China’s reopening fueled a rise in profits. Watches of Switzerland Group ...

BLOOMBERG China’s tech stocks gained for a fourth day in Hong Kong as growing signs that the government’s long crackdown on the sector is finally over bolstered investor confidence. The latest leg of the rally came after Chinese Premier Li Qiang met with senior executives from country’s leading tech firms and urged local governments to provide more support to the ...

BLOOMBERG The dollar weakened, stocks rose and Treasury yields dipped on expectations slowing US inflation will erode the case for more rate hikes. A gauge of the greenback dropped to the lowest since April as traders focus on US consumer price data, with a Bloomberg survey showing expectations for both core and headline inflation continuing to moderate in the face ...

BLOOMBERG European stocks advanced, catching up to overnight gains on Wall Street, as investors awaited data that is likely to show a cooling in US inflation. The Stoxx 600 Index was up 0.6% in London, with technology and insurance stocks leading the gains. Travel and leisure and healthcare sectors underperformed. JD Wetherspoon Plc climbed after the UK pub operator gave ...

BLOOMBERG The buoyant mood sparked by China’s latest economic support measures didn’t last long on Tuesday as European stocks and US futures wavered after policy makers’ warnings of higher-for-longer interest rates. The Stoxx Europe 600 index pared an early gain after Governing Council member Francois Villeroy de Galhau said the European Central Bank is nearly finished hiking, but added that ...

BLOOMBERG China’s monetary and fiscal stimulus measures will only go so far to lift its stock market, with structural reforms necessary for a long-term boost, according to Allianz Global Investors. “It’s a confidence issue,” Raymond Chan, the firm’s equity chief investment officer for the Asia Pacific, said in an interview. Reforms to China’s heavyweight property sector and listed companies overall ...

BLOOMBERG Chinese tech stocks listed in Hong Kong rallied after authorities signalled an end to a years-long crackdown on the sector by imposing fines on Ant Group Co and Tencent Holdings Ltd. The Hang Seng Tech Index closed 1.1% higher, the biggest gain in a week. Alibaba Group Holding Ltd, parent of fintech giant Ant Group, led the advance, surging ...

BLOOMBERG US stocks slumped after a spate of jobs reports tamped down speculation the Federal Reserve would leave interest rates unchanged later this month. The S&P 500 fell 1.2% over the shortened holiday week while the Nasdaq 100 slid 0.9%. Yield on the two-year Treasury drifted down to 4.94% as investors digested government jobs data that fell short of estimates ...

BLOOMBERG Concerns about a lackluster economy and slowing growth among some of the country’s biggest companies sent Singapore’s stock benchmark on track to close at its lowest level since early November. The benchmark Straits Times Index fell as much as 0.7%, before trimming some of those losses. The gauge, which is down about 3.4% this year, comes as investors move ...