Asia stocks sputter as focus shifts to China stimulus

Quick Summary:

TOKYO: Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing's week-long legislative meeting drawing to a close.

The index remained on track for a 2.7% rally this week, after quickly recovering from a knee-jerk dip on U.S.election night, which spurred worries of debilitating trade tariffs, not least in China.

Treasury yields pushed to new lows in Asian hours, keeping the dollar under pressure after its biggest decline versus major peers in more than six weeks on Thursday.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaGermanyHong KongJapanSouth KoreaTaiwanUnited States

Topics: Markets Asian Equities /Business/Business News Nikkei MSCI Federal Reserve Monetary policy Hang Seng

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 14:59:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 842 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23468343

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 55 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions