Asian Shares to Be Pressured, Chipmakers in Focus: Markets Wrap
Stocks in Asia rose Thursday as pushback from authorities against a stronger dollar helped stabilize currencies and restored a sense of confidence in the region’s financial markets.
Stocks in Asia rose Thursday as pushback from authorities against a stronger dollar helped stabilize currencies and restored a sense of confidence in the region’s financial markets.
Israel is divided over what to do next, and whether the Middle East plunges into a wider war might come down to the prime minister’s survival instincts.
China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar and poor risk sentiment pressure currencies across Asia.
China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin call involving a major shareholder, explaining the dynamic behind a dramatic plunge that wiped out nearly all of its market value.
State attorneys general pushed back on a US judge’s doubts and urged him to approve a settlement in which Alphabet Inc. would pay $700 million to resolve antitrust claims that the Google Play app store abuses its market power.
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