• World
  • Politics
  • Business
  • Tech
  • Entertainment
  • Sports
  • Videos
  • Stories
  • Fashion & Style
  • Finance
  • World
    Flood in Bangladesh and India

    Floods leave citizens stranded in Bangladesh and India

    YoonSuk-yeol

    South Korea’s women fear an ‘Nth Room’ ,Yoon Suk-yeol’s in charge

    Shireen Mazari

    Former Pakistani human rights minister, Shireen Mazari arrested over land grabbing allegation

    Stock rally eases as doubts grow over economic growth.

    Stock rally eases as doubts grow over economic growth.

    UN envoy warns Iraq’s ‘roads are about to boil’

    UN envoy warns Iraq’s ‘roads are about to boil’

    Japan’s economy contracts as energy prices soar

    Japan’s economy contracts as energy prices soar

    New US hospitals face fiscal crisis over COVID relief money.

    New US hospitals face fiscal crisis over COVID relief money.

    Beijing locks down more people in China’s ‘zero-COVID’ fight

    Beijing locks down more people in China’s ‘zero-COVID’ fight

    Marianna Vyshemirsky: ‘My picture was used to spread lies about the war.’

    Marianna Vyshemirsky: ‘My picture was used to spread lies about the war.’

  • Politics
    India's top court

    India’s top court found that the police staged killings of accused gang rapists

    Sri Lanka crisis

    Schools closed and officials been asked to stay at home

    Zuraida Kamaruddin

    Indonesia the pioneers but Malaysia way ahead in palm oil distribution

    Australia set to go to polls in an expected close election

    Australia set to go to polls in an expected close election

    Kanchana Wijesekera

    Fuel situation looks better

    Buddhist festival- Sri Lanka

    Sri Lanka lifts curfew amidst crisis for Buddhist festival

    Yoshimasa Hayashi

    Indo-Pacific nations gets help from Japan of up to US$100 million to fight against COVID-19

    Disappointed by the silence of Political, Social and Economic Leaders on the humiliation of a girl in Kerala: Arif Mohammad Khan

    Disappointed by the silence of Political, Social and Economic Leaders on the humiliation of a girl in Kerala: Arif Mohammad Khan

    TSA is expanding use of screeners to help at busy airports

    How Democrats Want to Put Republicans on the Defensive on Abortion

  • Business
    McDonald’s strikes deal to sell Russian business to Alexander Govorrow

    McDonald’s strikes deal to sell Russian business to Alexander Govorrow

    Sensex Tanks 1,400 pts, Nifty Cracks Near 15,800: Why Indian Stock Market is Falling Today?

    Sensex Tanks 1,400 pts, Nifty Cracks Near 15,800: Why Indian Stock Market is Falling Today?

    Indian Oil Corporation Share Drops as Net Profit Slips in Q4; Should You Invest?

    Indian Oil Corporation Share Drops as Net Profit Slips in Q4; Should You Invest?

    ABi research

    IoT Partner Programs Embracing Renewable Energy Verticals

    Pioneering Breakthroughs Win Global Acclaim for Union Assurance

    Pioneering Breakthroughs Win Global Acclaim for Union Assurance

    Adani Enterprise Limited

    Adani to Acquire Holcim’s Stake in Ambuja Cements and ACC Limited

    Egypt in talks with India on wheat export ban exemption

    Egypt in talks with India on wheat export ban exemption

    India bans exports of wheat, citing threat to food security

    Pilots at United will vote on contract after tentative deal

    India bans exports of wheat, citing threat to food security

    Interfaith group asks Starbucks to drop vegan milk surcharge

  • Tech
    Boeing docks crew capsule to space station in test do-over

    Boeing docks crew capsule to space station in test do-over

    OnePlus Nord 2T Smartphone With 80W Fast Charging Announced: All You Need To Know

    OnePlus Nord 2T Smartphone With 80W Fast Charging Announced: All You Need To Know

    WhatsApp may soon allow you to use the same chat account on multiple devices

    WhatsApp Adds Messaging Tools To Attract Businesses

     Canada Bans China’s Huawei Technologies From 5G Networks

     Canada Bans China’s Huawei Technologies From 5G Networks

    WhatsApp may soon allow you to use the same chat account on multiple devices

    WhatsApp may soon allow you to use the same chat account on multiple devices

    Twitter’s deal account shows Elon Musk signing without asking for more info.

    Twitter’s deal account shows Elon Musk signing without asking for more info.

    Stock rally eases as doubts grow over economic growth.

    Stock rally eases as doubts grow over economic growth.

    India has Come Out Of 2G Era Corruption; 5G Tech To Bring Positive Changes: PM Modi.

    India has Come Out Of 2G Era Corruption; 5G Tech To Bring Positive Changes: PM Modi.

    US warns over the risk of hiring North Korea IT workers

    US warns over the risk of hiring North Korea IT workers

  • Entertainment
    NBC has all scenarios covered for Championship Sunday

    NBC has all scenarios covered for Championship Sunday

    Ed Sheeran announces the birth of his second daughter

    Ed Sheeran announces the birth of his second daughter

    Chris Rock could host Oscars 2023, hints ABC President.

    Chris Rock could host Oscars 2023, hints ABC President.

    Buck, Aikman excited about ‘starting over’ with ESPN

    Buck, Aikman excited about ‘starting over’ with ESPN

    Woori the Virgin: Lim Soo-hyang in bright and breezy immaculate conception K-drama

    Woori the Virgin: Lim Soo-hyang in bright and breezy immaculate conception K-drama

    Film producers defend safety in Alec Baldwin shooting

    Ukrainian circus comes to town, and stays in Italy, amid war

    Film producers defend safety in Alec Baldwin shooting

    Surprise! Justin Timberlake is in ‘Candy’ with Jessica Biel

    Film producers defend safety in Alec Baldwin shooting

    Mario Batali acquittal underscores perils of #MeToo cases

    Film producers defend safety in Alec Baldwin shooting

    Film producers defend safety in Alec Baldwin shooting

  • Sports
    Indian teen sensation R Praggnanandhaa stuns World Champion Magnus Carlsen for 2nd time in a year

    Indian teen sensation R Praggnanandhaa stuns World Champion Magnus Carlsen for 2nd time in a year

    India’s Nikhat Zareen Wins Gold at Women’s World Boxing Championships

    India’s Nikhat Zareen Wins Gold at Women’s World Boxing Championships

    Japan Sounded Out as 2023 AFC Asian Cup Hosts

    Japan Sounded Out as 2023 AFC Asian Cup Hosts

    Top 5: Career best ICC batting ranking for Dimuth.

    Top 5: Career best ICC batting ranking for Dimuth.

     India rejoices in the Historic Thomas Cup Badminton Triumph.

     India rejoices in the Historic Thomas Cup Badminton Triumph.

    Asian Cup 2023

    China withdraws as host for the 2023 Asian Cup

    SEA Games

    Young wushu team ends victorious with 2 gold, 3 silver and a bronze

    Indian Shooters Won Seven Medals in Junior World Cup

    Indian Shooters Won Seven Medals in Junior World Cup

    Watch: Will AB de Villiers return to RCB?

    Watch: Will AB de Villiers return to RCB?

  • Videos
    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    The way Up – Candid & Honest Storytelling with Cuthbert Ncube, Chairperson at African Tourism Board

    The way Up – Candid & Honest Storytelling with Anand Malligavad, Lake Conservationist at Bengaluru

    The way Up – Candid & Honest Storytelling with Anand Malligavad, Lake Conservationist at Bengaluru

    The way Up – Candid & Honest Storytelling with Olga Belka, A unique underwater artist

    The way Up – Candid & Honest Storytelling with Olga Belka, A unique underwater artist

    The way Up – Candid & Honest Storytelling with Taylor Elizabeth

    The way Up – Candid & Honest Storytelling with Taylor Elizabeth

    The way Up – Candid & Honest Storytelling with Stefanos Nicolaou

    The way Up – Candid & Honest Storytelling with Stefanos Nicolaou

    The way Up – Candid & Honest Storytelling with Sonal Holland

    The way Up – Candid & Honest Storytelling with Sonal Holland

    The way Up – Candid & Honest Storytelling with Viktor Nordir

    The way Up – Candid & Honest Storytelling with Viktor Nordir

    The way Up – Candid & Honest Storytelling with Susan Gibbs

    The way Up – Candid & Honest Storytelling with Susan Gibbs

  • Stories
    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    Food Trail: Farah Khan visits Jones Social – Sharing good food together

    Food Trail: Farah Khan visits Jones Social – Sharing good food together

    ALIF

    ALIF

    FUNUN ARTS @WAD 2022

    FUNUN ARTS @WAD 2022

    Iftar at Entre Nous, Novotel WTC Dubai

    Iftar at Entre Nous, Novotel WTC Dubai

    Body Abs Fitness Centre

    Body Abs Fitness Centre

    ZIDA- Invest in Zimbabwe, Secure your business’ future in Zimbabwe

    ZIDA- Invest in Zimbabwe, Secure your business’ future in Zimbabwe

    Food Trail: Farah Khan visits Sirdanci Mehmet’s new restaurant @ Jumairah

    Food Trail: Farah Khan visits Sirdanci Mehmet’s new restaurant @ Jumairah

  • Fashion & Style
    Caribbean Sun Sunglasses Launches New Website

    Caribbean Sun Sunglasses Launches New Website

    Each One, Teach One with The Queen’s Collection

    Each One, Teach One with The Queen’s Collection

    5,000-plus deaths under Ethiopia’s Tigray blockade

    Kim Jones back on runway as Fendi channels celestial Rome

    Feds launch website for claiming part 2 of child tax credit

    Dior couture celebrates the craft of fashion in Paris show

    Monthlong pandemic lockdown lifted on China’s Xi’an

    Kenzo returns to Japanese roots in history-making moment

    Asian shares mixed after China reports slowing growth

    Jeff Goldblum, Kyle MacLachlan bookend Prada menswear show

    Fendi leads Milan trends with feminine silhouettes for men

    Fendi leads Milan trends with feminine silhouettes for men

    Yili Expands Global Presence with Launch of New Dairy Production Base in Indonesia

    Tsz Wan Shan Centre Presents a “Purple Christmas”, Capsule Machine-Inspired 5-Metre-Tall Christmas Tree Aglow in the Sky Garden

    Lynching of Sri Lankan : Pakistan says most wanted suspect arrested

    DHL and Christy Ng unveil eye-catching collection inspired by couriers

  • Finance
    India bans exports of wheat, citing threat to food security

    Bitcoin tumbles, a stablecoin plunges in wild week in crypto

    India bans exports of wheat, citing threat to food security

    GOP’s new midterm attack: Blaming Biden for formula shortage

    China fights economic slump, sticks to costly ‘zero COVID’

    Japan’s SoftBank sinks to losses as investments sour

    China fights economic slump, sticks to costly ‘zero COVID’

    Powell: ‘Soft’ economic landing may be out of Fed’s control

    China fights economic slump, sticks to costly ‘zero COVID’

    Senate confirms Powell for 2nd term as Fed fights inflation

    China fights economic slump, sticks to costly ‘zero COVID’

    Crypto meltdown prompts Yellen to call for new regulation

    China fights economic slump, sticks to costly ‘zero COVID’

    China fights economic slump, sticks to costly ‘zero COVID’

    Inflation triggers California minimum wage increase in 2023

    Inflation triggers California minimum wage increase in 2023

    Dollar hits 9-month high as Fed on track to taper this year

    US dollar rate drops in some local banks

No Result
View All Result
  • World
    Flood in Bangladesh and India

    Floods leave citizens stranded in Bangladesh and India

    YoonSuk-yeol

    South Korea’s women fear an ‘Nth Room’ ,Yoon Suk-yeol’s in charge

    Shireen Mazari

    Former Pakistani human rights minister, Shireen Mazari arrested over land grabbing allegation

    Stock rally eases as doubts grow over economic growth.

    Stock rally eases as doubts grow over economic growth.

    UN envoy warns Iraq’s ‘roads are about to boil’

    UN envoy warns Iraq’s ‘roads are about to boil’

    Japan’s economy contracts as energy prices soar

    Japan’s economy contracts as energy prices soar

    New US hospitals face fiscal crisis over COVID relief money.

    New US hospitals face fiscal crisis over COVID relief money.

    Beijing locks down more people in China’s ‘zero-COVID’ fight

    Beijing locks down more people in China’s ‘zero-COVID’ fight

    Marianna Vyshemirsky: ‘My picture was used to spread lies about the war.’

    Marianna Vyshemirsky: ‘My picture was used to spread lies about the war.’

  • Politics
    India's top court

    India’s top court found that the police staged killings of accused gang rapists

    Sri Lanka crisis

    Schools closed and officials been asked to stay at home

    Zuraida Kamaruddin

    Indonesia the pioneers but Malaysia way ahead in palm oil distribution

    Australia set to go to polls in an expected close election

    Australia set to go to polls in an expected close election

    Kanchana Wijesekera

    Fuel situation looks better

    Buddhist festival- Sri Lanka

    Sri Lanka lifts curfew amidst crisis for Buddhist festival

    Yoshimasa Hayashi

    Indo-Pacific nations gets help from Japan of up to US$100 million to fight against COVID-19

    Disappointed by the silence of Political, Social and Economic Leaders on the humiliation of a girl in Kerala: Arif Mohammad Khan

    Disappointed by the silence of Political, Social and Economic Leaders on the humiliation of a girl in Kerala: Arif Mohammad Khan

    TSA is expanding use of screeners to help at busy airports

    How Democrats Want to Put Republicans on the Defensive on Abortion

  • Business
    McDonald’s strikes deal to sell Russian business to Alexander Govorrow

    McDonald’s strikes deal to sell Russian business to Alexander Govorrow

    Sensex Tanks 1,400 pts, Nifty Cracks Near 15,800: Why Indian Stock Market is Falling Today?

    Sensex Tanks 1,400 pts, Nifty Cracks Near 15,800: Why Indian Stock Market is Falling Today?

    Indian Oil Corporation Share Drops as Net Profit Slips in Q4; Should You Invest?

    Indian Oil Corporation Share Drops as Net Profit Slips in Q4; Should You Invest?

    ABi research

    IoT Partner Programs Embracing Renewable Energy Verticals

    Pioneering Breakthroughs Win Global Acclaim for Union Assurance

    Pioneering Breakthroughs Win Global Acclaim for Union Assurance

    Adani Enterprise Limited

    Adani to Acquire Holcim’s Stake in Ambuja Cements and ACC Limited

    Egypt in talks with India on wheat export ban exemption

    Egypt in talks with India on wheat export ban exemption

    India bans exports of wheat, citing threat to food security

    Pilots at United will vote on contract after tentative deal

    India bans exports of wheat, citing threat to food security

    Interfaith group asks Starbucks to drop vegan milk surcharge

  • Tech
    Boeing docks crew capsule to space station in test do-over

    Boeing docks crew capsule to space station in test do-over

    OnePlus Nord 2T Smartphone With 80W Fast Charging Announced: All You Need To Know

    OnePlus Nord 2T Smartphone With 80W Fast Charging Announced: All You Need To Know

    WhatsApp may soon allow you to use the same chat account on multiple devices

    WhatsApp Adds Messaging Tools To Attract Businesses

     Canada Bans China’s Huawei Technologies From 5G Networks

     Canada Bans China’s Huawei Technologies From 5G Networks

    WhatsApp may soon allow you to use the same chat account on multiple devices

    WhatsApp may soon allow you to use the same chat account on multiple devices

    Twitter’s deal account shows Elon Musk signing without asking for more info.

    Twitter’s deal account shows Elon Musk signing without asking for more info.

    Stock rally eases as doubts grow over economic growth.

    Stock rally eases as doubts grow over economic growth.

    India has Come Out Of 2G Era Corruption; 5G Tech To Bring Positive Changes: PM Modi.

    India has Come Out Of 2G Era Corruption; 5G Tech To Bring Positive Changes: PM Modi.

    US warns over the risk of hiring North Korea IT workers

    US warns over the risk of hiring North Korea IT workers

  • Entertainment
    NBC has all scenarios covered for Championship Sunday

    NBC has all scenarios covered for Championship Sunday

    Ed Sheeran announces the birth of his second daughter

    Ed Sheeran announces the birth of his second daughter

    Chris Rock could host Oscars 2023, hints ABC President.

    Chris Rock could host Oscars 2023, hints ABC President.

    Buck, Aikman excited about ‘starting over’ with ESPN

    Buck, Aikman excited about ‘starting over’ with ESPN

    Woori the Virgin: Lim Soo-hyang in bright and breezy immaculate conception K-drama

    Woori the Virgin: Lim Soo-hyang in bright and breezy immaculate conception K-drama

    Film producers defend safety in Alec Baldwin shooting

    Ukrainian circus comes to town, and stays in Italy, amid war

    Film producers defend safety in Alec Baldwin shooting

    Surprise! Justin Timberlake is in ‘Candy’ with Jessica Biel

    Film producers defend safety in Alec Baldwin shooting

    Mario Batali acquittal underscores perils of #MeToo cases

    Film producers defend safety in Alec Baldwin shooting

    Film producers defend safety in Alec Baldwin shooting

  • Sports
    Indian teen sensation R Praggnanandhaa stuns World Champion Magnus Carlsen for 2nd time in a year

    Indian teen sensation R Praggnanandhaa stuns World Champion Magnus Carlsen for 2nd time in a year

    India’s Nikhat Zareen Wins Gold at Women’s World Boxing Championships

    India’s Nikhat Zareen Wins Gold at Women’s World Boxing Championships

    Japan Sounded Out as 2023 AFC Asian Cup Hosts

    Japan Sounded Out as 2023 AFC Asian Cup Hosts

    Top 5: Career best ICC batting ranking for Dimuth.

    Top 5: Career best ICC batting ranking for Dimuth.

     India rejoices in the Historic Thomas Cup Badminton Triumph.

     India rejoices in the Historic Thomas Cup Badminton Triumph.

    Asian Cup 2023

    China withdraws as host for the 2023 Asian Cup

    SEA Games

    Young wushu team ends victorious with 2 gold, 3 silver and a bronze

    Indian Shooters Won Seven Medals in Junior World Cup

    Indian Shooters Won Seven Medals in Junior World Cup

    Watch: Will AB de Villiers return to RCB?

    Watch: Will AB de Villiers return to RCB?

  • Videos
    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    The way Up – Candid & Honest Storytelling with Cuthbert Ncube, Chairperson at African Tourism Board

    The way Up – Candid & Honest Storytelling with Anand Malligavad, Lake Conservationist at Bengaluru

    The way Up – Candid & Honest Storytelling with Anand Malligavad, Lake Conservationist at Bengaluru

    The way Up – Candid & Honest Storytelling with Olga Belka, A unique underwater artist

    The way Up – Candid & Honest Storytelling with Olga Belka, A unique underwater artist

    The way Up – Candid & Honest Storytelling with Taylor Elizabeth

    The way Up – Candid & Honest Storytelling with Taylor Elizabeth

    The way Up – Candid & Honest Storytelling with Stefanos Nicolaou

    The way Up – Candid & Honest Storytelling with Stefanos Nicolaou

    The way Up – Candid & Honest Storytelling with Sonal Holland

    The way Up – Candid & Honest Storytelling with Sonal Holland

    The way Up – Candid & Honest Storytelling with Viktor Nordir

    The way Up – Candid & Honest Storytelling with Viktor Nordir

    The way Up – Candid & Honest Storytelling with Susan Gibbs

    The way Up – Candid & Honest Storytelling with Susan Gibbs

  • Stories
    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Candid & Honest Storytelling with Sylvia Yu Friedman, ‘A Long Road to Justice’

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    The way Up – Cuthbert Ncube, Chairperson, African Tourism Board (ATB)

    Food Trail: Farah Khan visits Jones Social – Sharing good food together

    Food Trail: Farah Khan visits Jones Social – Sharing good food together

    ALIF

    ALIF

    FUNUN ARTS @WAD 2022

    FUNUN ARTS @WAD 2022

    Iftar at Entre Nous, Novotel WTC Dubai

    Iftar at Entre Nous, Novotel WTC Dubai

    Body Abs Fitness Centre

    Body Abs Fitness Centre

    ZIDA- Invest in Zimbabwe, Secure your business’ future in Zimbabwe

    ZIDA- Invest in Zimbabwe, Secure your business’ future in Zimbabwe

    Food Trail: Farah Khan visits Sirdanci Mehmet’s new restaurant @ Jumairah

    Food Trail: Farah Khan visits Sirdanci Mehmet’s new restaurant @ Jumairah

  • Fashion & Style
    Caribbean Sun Sunglasses Launches New Website

    Caribbean Sun Sunglasses Launches New Website

    Each One, Teach One with The Queen’s Collection

    Each One, Teach One with The Queen’s Collection

    5,000-plus deaths under Ethiopia’s Tigray blockade

    Kim Jones back on runway as Fendi channels celestial Rome

    Feds launch website for claiming part 2 of child tax credit

    Dior couture celebrates the craft of fashion in Paris show

    Monthlong pandemic lockdown lifted on China’s Xi’an

    Kenzo returns to Japanese roots in history-making moment

    Asian shares mixed after China reports slowing growth

    Jeff Goldblum, Kyle MacLachlan bookend Prada menswear show

    Fendi leads Milan trends with feminine silhouettes for men

    Fendi leads Milan trends with feminine silhouettes for men

    Yili Expands Global Presence with Launch of New Dairy Production Base in Indonesia

    Tsz Wan Shan Centre Presents a “Purple Christmas”, Capsule Machine-Inspired 5-Metre-Tall Christmas Tree Aglow in the Sky Garden

    Lynching of Sri Lankan : Pakistan says most wanted suspect arrested

    DHL and Christy Ng unveil eye-catching collection inspired by couriers

  • Finance
    India bans exports of wheat, citing threat to food security

    Bitcoin tumbles, a stablecoin plunges in wild week in crypto

    India bans exports of wheat, citing threat to food security

    GOP’s new midterm attack: Blaming Biden for formula shortage

    China fights economic slump, sticks to costly ‘zero COVID’

    Japan’s SoftBank sinks to losses as investments sour

    China fights economic slump, sticks to costly ‘zero COVID’

    Powell: ‘Soft’ economic landing may be out of Fed’s control

    China fights economic slump, sticks to costly ‘zero COVID’

    Senate confirms Powell for 2nd term as Fed fights inflation

    China fights economic slump, sticks to costly ‘zero COVID’

    Crypto meltdown prompts Yellen to call for new regulation

    China fights economic slump, sticks to costly ‘zero COVID’

    China fights economic slump, sticks to costly ‘zero COVID’

    Inflation triggers California minimum wage increase in 2023

    Inflation triggers California minimum wage increase in 2023

    Dollar hits 9-month high as Fed on track to taper this year

    US dollar rate drops in some local banks

No Result
View All Result
Asian Herald
No Result
View All Result
Home Finance

Inflation fears fade, Asia shares track Wall Street

Editorial Desk by Editorial Desk
May 25, 2021
in Finance
0
Inflation fears fade, Asia shares track Wall Street

FILE PHOTO: A man wearing a facial mask, following the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing Nikkei (top in C) and other countries stock index outside a brokerage at a business district in Tokyo, Japan, January 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

HONG KONG: Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.

In early European trade, pan-region Euro Stoxx 50 futures were up 0.27%, while German DAX futures and FTSE futures rose 0.14% and 0.21%, respectively. US stock futures, the S&P 500 e-minis, were up 0.27%.

In Asia, the region’s main regional equity gauges climbed with MSCI’s broadest index of Asia-Pacific shares outside Japan up 1.3% at a two-week high, after US stocks ended the previous session with mild gains.

“Markets were buoyed as data flow didn’t live up to the strong-inflation narrative, and amid repeated guidance from senior central bank figures that the current rise in inflation is temporary,” ANZ analysts wrote in a note.

Australian shares rose 0.81% to a two-week high. Japan’s Nikkei stock index jumped 0.6%, boosted by heavyweight local technology stocks, though gains were contained by worries of a sluggish economic recovery due to slow vaccine rollouts in the country.

“In general when tech rallies in the US, the well known Asian tech stocks tend to follow suit,” said Catherine Yeung, investment director at Fidelity International.

Chinese stocks in particular hit a 2-1/2-month high on financial services and consumer gains. The blue-chip CSI300 index jumped 2.58%, while the benchmark Shanghai Composite Index advanced 2.03%, reaching their highest levels since early March. Hong Kong’s Hang Seng index rose 1.43%.

“As China’s economic recovery continues and commodities prices start to stabilise, that would help ease inflation worries and repair investor sentiment,” said Hong Hao, head of research at BoCom International. “The country’s stock markets also have room to bounce back from big falls in February.”

The US national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, helped support the view that policy will remain on hold for some time.

Still, after global service sector surveys showed strong growth last Friday, all eyes will be on the release of US personal consumption data on Thursday, the Fed’s preferred inflation measure.

On Monday, Wall Street closed higher as a retreat in benchmark Treasury yields helped lift expensive stocks in sectors such as technology, with the sector’s majors Apple up 1.33% and Microsoft 2.29% higher.

The Dow Jones Industrial Average rose 0.54% while the S&P 500 and the tech-heavy Nasdaq Composite gained 0.99% and 1.41%, respectively.

Treasury yields, which fell on Monday after a few Fed officials affirmed their support to keep monetary policy accommodative for some time, were little changed. The yield on benchmark 10-year Treasury notes was at 1.6063%, at a two-week low.

“I think there will come a time when we can talk more about changing the parameters of monetary policy, I don’t think we should do it when we’re still in the pandemic,” Federal Reserve Bank of St. Louis President James Bullard said on Monday.

Digital currencies bounced back on Monday following last week’s crypto rout, regaining ground lost during a weekend selloff on news of China’s clampdown on mining and trading of cryptocurrencies.

After shedding 13% on Sunday, Bitcoin, the world’s largest cryptocurrency, was last down 1.84% at approximately $38,124.

The dollar index, which tracks the greenback against a basket of currencies of other major trading partners, edged down to 89.772, just above a four-month low. The European single currency was up 0.1% on the day at $1.2225, having gained 1.72% in a month.

US crude ticked up 0.08% to $66.1 a barrel. Brent crude rose to $68.6 per barrel.

Gold was slightly lower. Spot gold traded at $1873.64 per ounce

Tags: asiaSharesWallstreet
Previous Post

Chine artist creates wool felt figures

Next Post

India: Covid cases drop but states struggle for vaccines

Next Post
India: Covid cases drop but states struggle for vaccines

India: Covid cases drop but states struggle for vaccines

Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

Browse by Category

  • World
  • Politics
  • Business
  • Tech
  • Entertainment
  • Sports
  • Videos
  • Stories
  • Fashion & Style
  • Finance
No Result
View All Result
  • World
  • Politics
  • Business
  • Tech
  • Entertainment
  • Sports
  • Videos
  • Stories
  • Fashion & Style
  • Finance

© 2022 Asian Herarld All rights reserved