mainland China markets set to reopen after holidays

SINGAPORE – Shares in Japan looked set to get a lower start on Monday, with markets in mainland China ready to return to trading after last month’s lunar holiday. The Nikkei futures contract in Chicago was 27,280, while its counterpart in Osaka was 27,290. That compares with the Nikkei 225’s last closing of 27,439.99. Elsewhere, … Read more

Hong Kong’s Hang Seng index soars above 2% in mixed Asia-Pacific trade

SINGAPORE – Shares in the Asia-Pacific region were mixed in Friday trading after heavy losses overnight on Wall Street, where the technology-heavy Nasdaq Composite fell nearly 4%. Hong Kong’s Hang Seng index led to growth among the region’s major markets, rising 2.22% in morning trading, with shares of HSBC in the city rising around 4%. … Read more

Australia’s interest rate decision, oil, currencies

SINGAPORE – Asia-Pacific markets rose Tuesday, following shares on Wall Street as they rose for another session. Investors in the region looked forward to India’s budget announcement as well as Australia’s interest rate decision. Japan Nikkei 225 jumped 1.13% in early trading, while Topix rose almost 1%. Some technology stocks rose, with SoftBank rising 1.28% … Read more

SoftBank shares tumble 9% as investors turn sour on Alibaba

Masayoshi Son, Chairman and CEO of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank’s share price fell 9% on Thursday as investors paid out their positions in Asian technology stocks. The conglomerate, which has invested billions in tech companies around the world, saw its … Read more