BEIJING (AP) — Asian stocks were mostly lower Thursday after unexpectedly weak U.S. retail and other data added to gloom about the impact of the coronavirus pandemic. Benchmarks in Tokyo and Hong Kong declined while Shanghai gained. On Wall Street, the benchmark S&P 500 index sank 2.2% after the U.S. government reported last month’s retail […]
Tag: Asia
Posted inWorld News
Tourists stranded in Asia by canceled flights, shut borders
PHUKET, Thailand (AP) — From the sun-soaked beaches of Thailand to the foothills of Mount Everest, tourists across Asia are finding their dream vacations have turned into travel nightmares as airlines cancel flights and countries close their borders in the fight against the coronavirus pandemic. Thousands of tourists escaping cold weather in Europe were scrambling […]
Posted inWorld News
Stocks have first back-to-back gains since sell-off began
BEIJING (AP) — Asian stocks were mixed Thursday after Wall Street gained as U.S. lawmakers wrangled over a proposed $2 trillion virus aid package. Market benchmarks in Tokyo and Shanghai declined. Australia and Southeast Asian markets gained. Jakarta jumped 10%. New York futures were lower, with the contract for the S&P 500 down 0.7%, while […]
Posted inWorld News
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan’s benchmark slipping 0.7% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China’s shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax […]
Posted inWorld News
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan’s benchmark slipping 0.7% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China’s shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax […]
Posted inOpinion
The Pacific: the silent ‘P’ in Asia-Pacific?
Have you ever wondered what the term Asia-Pacific denotes? A vast stretch of geographical landmasses across Asia and the Pacific gathered into one grouping, or is the Pacific a token inclusion, where the ‘P’ is silent? Examining data, papers, and policies made for the Asia-Pacific region would have you believe that. As a result, across […]