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Shares jump on tech boost; yen on intervention watch
World stocks have risen led by tech names as attention shifts to earnings from US megacaps, while the yen was mired near 34-year lows, keeping traders wary of intervention from Japan. An after-hours surge in shares of electric vehicle maker Tesla, following its promise of new models, and upbeat earnings from some US companies lifted […]
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Asia shares extend gains ahead of tech earnings
Asian shares extended gains on Tuesday, taking cues from Wall Street as focus shifts to earnings results from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent, helped by a 1.0 per cent […]
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Asia shares rise on tech boost, tracking Wall Street
Asian stocks rose on Wednesday, tracking Wall Street, as an after-hours surge in shares of EV maker Tesla following its promise of new models, and upbeat earnings from some US companies lifted risk sentiment. The yen was rooted near 34-year lows, keeping traders wary of possible intervention from Tokyo. MSCI’s broadest index of Asia-Pacific shares […]