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Searched Tag: nasdaq
A rally of technology stocks on the Wall Street steadied Asian stocks as the dollar further slid

World shares higher after tech stock rally on Wall Street

September 4, 2025, 04:15 PM - 4 min read

A rally of technology stocks on the Wall Street steadied Asian stocks as the dollar further slid

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Nvidia, whose chips are powering much of the world's move into artificial-intelligence technology, fell 2 per cent and was the single strongest force pulling the S&P 500 downward

Asian shares down after US stocks sink

September 3, 2025, 02:38 PM - 5 min read

With US tech firm shares taking a hit, Asian shares too mostly declined on Wednesday as political uncertainty rocked Japan, threatening trading activity further

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Japan's Nikkei 225 rose a meagre 0.3 per cent to 42,522.97, while the Kospi in Seoul was up just over 1 point to 3,181.31

Wall street nears record-highs, but Asian shares log modest gains

August 27, 2025, 03:37 PM - 4 min read

After a day of choppy trading, Wall Street regained losses and inched nearer to record-highs, a rally not mirrored by its Asian peers

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Prolonged tensions between US President Donald Trump and the US’s Federal Reserve took a turn for the worse on Monday after the President said he fired Fed Res Governor, Lisa Cook

World shares sink amid Trump-Fed Res feud

August 26, 2025, 02:14 PM - 4 min read

US President Donald Trump’s confrontation with US monetary policy body Federal Reserve has refused to die down, especially with Trump firing Fed Governor Lisa Cook in his latest bout of ire against the institution, leading to a fall in Wall Street shares

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Powell has been at the receiving end of Trump’s criticism of the chair, calling for his resignation and questioning the Fed’s independence

Wall Street celebrates Powell’s hint at possible rate cut

August 23, 2025, 01:48 PM - 3 min read

Acknowledging recent inflationary pressures, Powell spoke at the conclusion of the Jackson Hole symposium in Wyoming about the “rising downside risks to employment”, which have paved the way for potential rate reduction in September when the Fed meets on the 16th and the 17th

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The Fed Reserve remains concerned about inflation in the US which may be pushed higher by President Donald Trump’s tariffs, despite the country’s business activity having accelerated at the fastest rate so far this year

Asian shares mixed after Wall Street records losses

August 22, 2025, 07:24 PM - 4 min read

While hopes for any interest rate cut by the Fed remain bleak, all eyes are pinned on Powell’s speech on Friday in Jackson Hole, Wyoming, where chiefs of the world’s central banks are gathered for a meeting

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The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5 per cent

Global shares mixed; Labubu shares soar in Hong Kong

August 20, 2025, 06:34 PM - 4 min read

A decline on Wall Street led by a sharp fall in technology shares affected global shares too

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The better-than-expected report on inflation raised hopes the Federal Reserve will have the leeway to cut interest rates at its next meeting in September

World stocks rise on the back of benign US inflation data

August 13, 2025, 01:58 PM - 4 min read

US inflation data released on Tuesday showed lower figures than economists had forecast, leading to hopes of interest rate cuts by the Federal Reserve next month

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Asian shares mostly saw an uptick following an announcement by US President Donald Trump on the 90-day delay in imposing higher tariffs on China

Asian stocks rise on relief from Trump delaying China tariffs

August 12, 2025, 01:36 PM - 4 min read

Asian shares mostly saw an uptick following an announcement by US President Donald Trump on the 90-day delay in imposing higher tariffs on China

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China said its exports picked up in July as businesses taking advantage of a pause in Trump's tariff war with Beijing increased their shipments

Wall Street uptick after Apple rally; Asian shares climb

August 7, 2025, 12:44 PM - 3 min read

While China reported a pick-up in its July exports as businesses took advantage of a pause in US tariff imposition, world markets also showed gains despite higher tariffs on exports taking effect on Thursday

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US markets stable as Trump says no plans to fire Powell (Representative Image)

Wall Street steady as Trump downplays threat to fire Powell

July 17, 2025, 09:15 PM - 4 min read

Futures for the S&P 500 and Nasdaq were essentially flat after US President Donald Trump walked back his earlier threats to fire Federal Reserve Chair, Jerome Powell

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Representative Image

Uncertain world markets await US job market insights

June 7, 2025, 06:24 PM - 4 min read

A report on Thursday revealed more US workers applied for unemployment benefits last week than economists expected – the highest in eight months – bringing down hopes for more hiring

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