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Asian shares extend global recovery, volatility subsides

TOKYO, Feb 19 — Asian shares ticked up today, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing costs. MSCI’s broadest index…


US stocks volatility: Back with a bang and here to stay

NEW YORK, Feb 17 ― US stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already recovered more than half the ground lost in the recent selloff and traders have rapidly dialed down…


Asian shares extend bounce to fifth day, dollar sags to three-year low

TOKYO, Feb 16 — Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in the month, but the dollar continued its descent, hitting a three-year low against a basket of major…


US market gurus who predicted selloff say current calm an illusion

NEW YORK, Feb 16 — You ain’t seen nothing yet. Some veteran investors who were vindicated in calling for a pullback in shares and a spike in volatility could now be cheering. Actually, they’re looking at the risks that still lie ahead…


Nikkei produces solid rise despite strong yen; financials higher

TOKYO, Feb 15 — Japan’s Nikkei share average rose significantly today morning as investors bought back recently-battered stocks after US markets climbed overnight, shrugging off stronger-than-expected inflation data. The Nikkei advanced 1.6…


Wall Street opens lower on strong US inflation data

NEW YORK, Feb 14 — US stocks fell half a per cent at the open today, following three days of gains, after data showed core inflation posted its biggest gain in a year in January, stoking fears of faster-than-expected increases in interest rates….


US futures sink as strong inflation data raises rate hike fears

NEW YORK, Feb 14 — US stock futures reversed course to fall more than 1 per cent today after data showed US consumer prices rose more than expected in January, with core inflation posting its biggest gain in a year. That again stoked fears…


KL shares open higher for third consecutive day

KUALA LUMPUR, Feb 14 — Bursa Malaysia opened higher for the third consecutive day today on continued buying interest and in line with its regional peers, while tracking the bullish overnight close on Wall Street. At 9.05am, the benchmark FTSE…


Wall Street dips as caution sets in ahead of inflation data

NEW YORK, Feb 13 — Wall Street’s main indexes were down about a third of a per cent today, falling for the first time in three sessions as caution crept in ahead of crucial data on inflation, which has been the root cause of the recent…


‘Goldilocks market’ over: Lessons from the stock selloff

SINGAPORE, Feb 13 — Calm pervaded equity markets today, with indexes in Asia following US gauges higher and a measure of Japanese stock volatility plunging as much as 36 per cent. The respite gave investors and analysts a chance to reflect on…