Chris Weston News
22.10 / 01:59
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Asian shares decline as bonds extend selloff
Federal Reserve rate cuts. Shares in Australia, Japan, and South Korea all fell, while futures for benchmarks in Hong Kong pointed to losses. That’s after equities in the US dropped from nearly overbought levels, following a relentless advance to all-time highs.
21.03 / 02:09
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economy
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U.S. dollar stands tall after Fed signals no rush to cut rates
Federal Reserve indicating no rush to cut interest rates. The risk-sensitive Australian and New Zealand dollars remained on the defensive after steep slides on Thursday as worries about the economic drag from U.S. President Donald Trump's aggressive campaign of global trade tariffs dented sentiment.
25.02 / 01:41
markets
Analysis
NVIDIA
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President
Asian stocks decline at open as US pressures China
Asian stocks started on a risk-off mood Tuesday after US President Donald Trump’s move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim positions. A decline in US stocks at the end of trading also hurt sentiment. Shares in Australia and Japan opened lower while futures pointed to a 2% drop in Hong Kong. A gauge of Chinese shares in the US had its biggest drop in more than four months after Alibaba Group Holding Ltd.’s American depositary receipts closed down 10%, the biggest decline since October 2022. The yield on 10-year Treasuries slid 1 basis point to 4.4% in early Asian trading while gold touched a record Monday.
21.02 / 01:31
markets
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Analysis
economy
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Asian stocks in tight range, Yen passes key level
Asian stocks traded in narrow ranges after US shares fell from record highs as a disappointing forecast from the world’s largest retailer added to concern about the health of the economy. The yen strengthened past 150 per dollar. Australian shares edged higher while those in Japan ticked down due to the stronger local currency. Equity index futures pointed to initial gains in Hong Kong after a gauge of US-listed Chinese shares climbed as Alibaba Group Holding Ltd. announced its fastest pace of revenue growth in more than a year.
15.11 / 06:41
Cryptocurrency regulation
Bitcoin Price
Bitcoin Trading Volume
Bitcoin briefly tops $93,000 on Trump agenda, Fed policy outlook
The digital asset rose nearly 6% in the US to a record $93,462 but failed to hold the climb, falling back to $89,974 as of 10:28 a.m. on Thursday in Singapore. The wider crypto market swung between gains and losses amid choppy trading.
14.11 / 02:23
markets
Provident
Analysis
Research
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Bitcoin
Dollar at one-year high as Trump trade momentum eclipses Fed easing view
Federal Reserve easing. Cryptocurrency bitcoin also shot to a fresh record high of $93,480 overnight, and was rising back towards that level early in Asia's day. Trump has vowed to make the United States «the crypto capital of the planet».
18.09 / 01:47
markets
economy
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Bitcoin
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cover
Asian stocks
Asian stocks rise as traders await Fed decision
Asian stocks rose before a Federal Reserve policy decision, with traders still split on the size of an anticipated interest-rate cut. Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on mainland markets will resume trading after a break.
06.09 / 02:02
markets
security
NVIDIA
Research
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track
reports
Stocks, bonds struggle for momentum into US jobs: Markets wrap
Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate cut later this month. Shares in Japan fluctuated, as the yen stabilized after a rally this week, while those in Australia were little changed. Futures for US equities slipped after the S&P 500 ended Thursday lower. Pre-opening trading of Hong Kong securities was shut Friday due to Super Typhoon Yagi.
30.07 / 01:53
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Apple
Tesla
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Asian shares fall as slew of rate decisions ahead: Markets wrap
Asian stocks opened lower amid speculation investors are trimming some of their holdings before a rush of events in coming days including major central bank decisions, key economic data and earnings from US megacap companies. Equities slipped in Japan and Australia in early trading, while futures signaled a decline in Hong Kong. US stock futures edged lower in Asia hours following a rotation in the American shares that drove the Nasdaq 100 to the brink of a correction. The S&P 500 closed little changed and small caps slipped.
29.07 / 19:34
Bitcoin news
Bitcoin price today
crypto news
Bitcoin
markets News
Bitcoin hits six-week high in wake of Trump’s pro-crypto speech
Bitcoin touched the highest level since mid-June after Donald Trump expanded his pro-crypto agenda and as expectations for US Federal Reserve interest-rate cuts bolstered investor sentiment. The largest digital asset rose as much as 2.6% on Monday and changed hands at $69,462 as of 11:40 a.m. in Singapore. Smaller tokens such as Ether, Solana and meme-crowd favorite Dogecoin also pushed higher.
13.07 / 04:05
markets
ETF
Compilation
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Bitcoin
show
Bitcoin dip buyers pour $438 million into U.S. ETFs in two days
Investors are piling into Bitcoin exchange-traded funds, betting the supply overhang that’s pushed the token lower in past weeks has created a buying opportunity.
13.07 / 01:31
markets
Provident
Waters
Fighting
Bill
reports
Updates
UK utility giant Thames Water will seek fresh funding to keep business afloat
Britain's largest utility company Thames Water says it will seek fresh funding to keep the business afloat even as it warned it would run out of money by the end of May
12.07 / 16:16
markets
Election
Immunic
Nikkei
President
performer
Courts
Yen hits 38-year low, Nikkei surges as Trump risk buoys US yields
dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency. Japan's weak currency helped lift the Nikkei above the psychological 40,000 mark for the first time in three months, making the index an outlier as many other regional stock markets struggled.
12.07 / 14:20
markets
UPS
Target
Tesla
show
Updates
Asian stocks
Asian stocks advance as S&P 500 closes above 5,500: Markets wrap
interest-rate cuts after Jerome Powell cited signals that the US is back on a disinflationary path. Equity benchmarks climbed in Japan, Australia and South Korea, while futures for Hong Kong stocks pointed to a positive start. Contracts for the S&P 500 edged lower after the benchmark closed above 5,500 for the first time — the gauge’s 32nd record this year — to extend a blistering rally that has left analysts scrambling to update their targets. Tesla Inc. surged 10% to lead gains in megacaps, helping the Nasdaq 100 close above the 20,000 mark for the first time.
16.05 / 03:11
markets
Provident
economy
Trade
show
reports
Asia rides Wall St rally, dollar sags on US inflation relief
stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver at least two rate cuts this year. The dollar remained on a downtrend, sagging to fresh multi-week lows against peers including the euro and sterling.
25.04 / 03:17
markets
Platform
Action
Trade
reports
diving
Stocks hit by tech slump; yen flails at intervention zone
Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks.
16.04 / 02:49
markets
UPS
MSCI
Nikkei
country
Rate Cut
Asian shares slide on Fed rate cut rethink; China GDP in focus
Federal Reserve is unlikely to be in a rush to cut interest rates this year. Rising geopolitical tensions kept risk sentiment in check, lifting prices of gold and oil, while investor focus in Asia turns to China with GDP data due at 0200 GMT.
07.03 / 01:39
05.03 / 14:28
23.02 / 03:03
markets
Waves
DOW
NVIDIA
Nikkei
show
Stocks bask in tech euphoria, Nvidia boom
stocks rose on Friday and put global markets on course for a week of heady gains as AI darling Nvidia's stunning results sparked a wave of record highs from Asia to Europe and the U.S., while the yen nursed losses on a range of currencies. Nvidia surged 15%, adding a record $250 billion in market value on Thursday. The Santa Clara, California-based company's results supercharged a global AI-led rally in technology stocks, propelling the S&P 500, the Dow Jones Industrials, Europe's STOXX 600 and Japan's Nikkei share average to record highs.
22.01 / 03:37
markets
UPS
Trade
show
Commentary
Rate Cut
Dollar struggles to retain gains even as March rate cut odds recede
dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.
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