Andrew Galbraith
The Latest
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Moody's Downgrades China Huarong Over $16 Billion Loss
Moody's Investor Service on Monday cut credit ratings for Chinese state-owned asset manager China Huarong Asset Management Co, citing the company's warning that it expects to book a net loss of nearly $16 billion for 2020. Moody's Investor Service on Monday cut credit ratings for Chinese state-owned asset manager China Huarong Asset Management Co, citing the company's warning that it expects to book a net loss of nearly $16 billion for 2020. -
Markets Walk Back Economic Worries
Wednesday MSCI's broadest index of Asia-Pacific shares was up 0.17% — trimming its losses for the week to around 2%. Wednesday MSCI's broadest index of Asia-Pacific shares was up 0.17% — trimming its losses for the week to around 2%. -
U.S. President Joe Biden’s Infrastructure Deal Spurs Asia Indexes
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.58%. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.58%. -
Asia Indexes Up Friday As Inflation Worries Ease
MSCI's broadest index of Asia-Pacific shares was last up 0.38%. Japan's Nikkei finished lower. MSCI's broadest index of Asia-Pacific shares was last up 0.38%. Japan's Nikkei finished lower. -
Asia Indexes Up On U.S. Factory Data; Jobs News Ahead Holds Market Participants' Attention
MSCI's gauge of stocks across the globe was flat after setting a record intraday high and close Tuesday. MSCI's gauge of stocks across the globe was flat after setting a record intraday high and close Tuesday. -
Shares Gain In Asia As Inflation Concerns Sidelined
The U.S. dollar stood near its lowest levels this year. The U.S. dollar stood near its lowest levels this year. -
Vaccine Hopes Encourage Asia Share Buying
MSCI's Asia-Pacific index was up 0.56% Monday – pushing past a previous record Friday. MSCI's Asia-Pacific index was up 0.56% Monday – pushing past a previous record Friday.