Asian stocks mixed in new week's trading kickoff
BEIJING — Asian stock markets were mixed Monday after last week’s Wall Street decline amid worries that the Federal Reserve will raise interest rates as soon as March.
Investors were rattled last week after notes from the latest Fed meeting showed officials thought the U.S. job market is healthy enough that it might no longer need ultralow interest rates and other stimulus. The Shanghai Composite Index SHCOMP, +0.39% gained 0.2% to 3,587.69 and the Hang Seng in Hong Kong HSI, +1.08% advanced 0.9% to 23,702.90. The Kospi in Seoul 180721, -0.95% fell 1.2% to 2,919.46 and Sydney’s S&P ASX 200 XAO, -0.11% lost 0.1% to 7,444.70.
On Friday, Wall Street’s benchmark S&P 500 index SPX, -0.41% fell 0.4% to 4,677.03, or about 2.5% below Jan. 3’s record high. Record-low interest rates have helped to boost stock prices despite bouts of unease about the coronavirus pandemic.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian Stock Market: Traders jostle amid thin liquidity on Japan holiday, China defends bullsAsian Stock Market: Traders jostle amid thin liquidity on Japan holiday, China defends bulls By anilpanchal7 Asia RiskAppetite China Coronavirus Fed
Read more »
Asian man brutally attacked in New York City last year dies 8 months laterYao Pan Man, 61, died of his injuries on December 31, police said.
Read more »
61-year-old Asian man head stomped in brutal NYC attack dies 8 months laterA 61-year-old Asian man who was brutally attacked last year has died of his injuries 8 months after another man was caught on video kicking the victim’s head repeatedly, New York City police say.
Read more »
NYC Man Dies Months After Anti-Asian Hate Crime Left Him BrutalizedYao Pan Ma was attacked in East Harlem in April last year. His alleged killer is behind bars at Rikers Island.
Read more »
61-Year-Old Asian Man Head Stomped in Brutal NYC Attack Dies 8 Months LaterAn Asian man beaten into a coma last spring died from his injuries on New Year’s Eve, eight months after the night a man brutally head stomped the victim in East Harlem, police announced. Yao Pan Ma, 61, died on Dec. 31 after the April 23 attack left him hospitalized with critical injuries. According to police, the suspect hit the…
Read more »
An Asian man injured in an unprovoked attack in New York last April has died, officials sayYao Pan Ma, a 62-year-old Asian man who police said was bashed in the head in an unprovoked attack in East Harlem, New York, last April, died from his injuries eight months later
Read more »