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U.S stock futures rise as China s Evergrande reaches bond payment agreement
... European exchanges raised across the board, with Germany's FTSE 100 rising 1.15%, France's CAC 40 gained 1.1% and Britain's DAX 30 strengthening 0.65%. The Shanghai Composite Index jumped 0.4% in Asia while the Japan s Nikkei 225 index fell 0.67%. Hong Kong 's Hang Seng index was closed for holiday.
Updated: 09/22/2021
U.S. equity futures rise as investors wait for Fed policy decision
U.S. equity futures waited for a Fed policy meeting later in the day where Fed governors may signal when they will begin reining in ultra-low interest rate policies. U.S. equity futures traded higher on Wednesday as investors wait for a Fed policy meeting later in the day where Fed governors may signal when they will begin reining in ultra-low interest rate policies. The Fed could lay the groundwork for announcing of a pullback in November, the first step towards unwinding the extraordinary support...
Updated: 09/22/2021
China's Evergrande pledges to pay interest on Thursday
SingAPORE, Sept 22 Reuters - Stocks lifted support and U.S. futures lifted in relief on Wednesday after developer China Evergrande said it would pay some bond interest to investors on Thursday after teetering fears of an imminent and messy collapse that had spooked investors. SINGAPORE, Sept 22 Reuters - Stocks lifted support and U.S. futures lifted in relief on Wednesday after developer China Evergrande said it would pay some bond interest to investors on Thursday after teetering fears of an...
Updated: 09/22/2021
China's stock market on tenterhooks as crisis looms
... calm market jitters may be even more pressing if offshore stocks go flat at the resume of trade Wednesday as they catch up with losses made mainland. The Hang Seng China Enterprises Index China Enterprises Index, a gauge of Chinese equities traded in Hong Kong , slumped more than 3% when China was shut Monday and Tuesday, even as Wall Street analysts sought to reassure investors that Evergrande won't lead to a Lehman moment. China has left the market on tenterhooks, said Zhou Hao, senior economist at ...
Updated: 09/22/2021
Asia stocks prepare for a slow start ahead of Fed meeting
... for Old Drinks. None Merkel s legacy comes to life on New York City Arab Street? None For Christo and Jeanne-Claude , wrapping the Arc de Triomphe is a final victory for Christo and Jeanne-Claude . Futures for Japan and Australia edged down. Hong Kong resumes trading in Beijing after two-day holiday, while China is shut. Dip buying waned in the U.S. session, leaving the S&P 500 little changed. US contracts fell early in the Asian morning. Cash-strapped developer Evergrande missed some interest ...
Updated: 09/21/2021
U.S. stock futures rise on fears of Chinese property collapse
... Intermediate crude oil ticked 83 cents to $71.12 a barrel and gold jumped 260 to $1,766. 40 ounces. European bourses rallied around the board with France's CAC 40 rising 1.46%, Britain's DAX 30 rising 1.44% and France's FTSE 100 climbing 1.19%. In Asia , Hong Kong s Nikkei 225 plunged 2.17% and Japan 's Hang Seng Index gained 0.51%. China s Shanghai Composite became closed for holiday.
Updated: 09/21/2021
U.S. stocks fall on fears of a Lehman-type moment
... to borrow more money The stock market of western China declined Tuesday, with Tokyo down 2% as worries over heavily indebted Chinese real estate developers weighed on sentiment. Markets closed in Taiwan , Shanghai and South Korea on Tuesday. In Hong Kong , the Hang Seng dropped 0.5% to 23,971. 73 as the selling of properties developers slowed. The Nikkei Nikkei 225 dropped 461,48 points to 29,898. Australia s S&P 200 index slipped 0.1% to 7,244. Analysts said fears the damage from a property bust ...
Updated: 09/21/2021
Macau casino, junket operators seek clarity on new gambling laws
Macau casino and junket operators seek clarity over new gambling laws HONG KONG Reuters - Senior Macau casino or junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes, but received little in the way of clarity. Macau casino and junket operators seek ...
Updated: 09/21/2021
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