728 x 90



  • Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results

    Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results0

    Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings, while less hawkish signals from the Federal Reserve also aided sentiment. Tencent Holdings Ltd (HK:0700) rose over 6% to HK$368.40 a share, and was set for its best day since early-March, as easing COVID

    READ MORE
  • Asia FX Surges, Dollar Sinks on Fed’s ‘Dovish Hike’

    Asia FX Surges, Dollar Sinks on Fed’s ‘Dovish Hike’0

    Most Asian currencies rose sharply on Thursday, while the dollar fell to a seven-week low after the Federal Reserve raised interest rates but hinted at a potential pause in its tightening cycle, although rates are likely to remain higher for longer. China’s yuan surged 0.7%, while the South Korean won was the best performer for

    READ MORE
  • European Stock Futures Mixed; U.K. Inflation Climbs Ahead of Fed Rate Decision0

    European stock markets are expected to trade in a mixed fashion at the open Wednesday as investors digest U.K. inflation data and nervously await the latest Federal Reserve decision on interest rates. At 03:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.2% higher, the FTSE 100 futures contract in the U.K. rose

    READ MORE