Capitalize Financial
No Result
View All Result
Sunday, June 22, 2025
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Asian Shares Mixed Amid Cautious Outlook for Global Economy

Asian shares were mixed amid cautious optimism about a global rebound from the coronavirus pandemic.

in Sports
Asian Shares Mixed Amid Cautious Outlook for Global Economy

People wearing face masks walk past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Monday, April 19, 2021. Asian shares were mixed Monday amid cautious optimism about a global rebound from the coronavirus pandemic.

Asian shares were mixed Monday amid cautious optimism about a global rebound from the coronavirus pandemic.

Japan’s benchmark quickly lost early gains and fell 0.1% to 29,642.79, the first market reaction after a summit by Prime Minister Yoshihide Suga with President Joe Biden over the weekend. Suga also spoke with the Pfizer chief executive, asking to ensure a more steady supply of the company’s COVID-19 vaccine. Japan has lagged other nations in a vaccine rollout, with barely 1% of its population inoculated so far.

The government measures against COVID-19 infections already in some urban areas, including Tokyo, are being expanded to more parts of Japan, starting Tuesday, but the cities of Tokyo and Osaka are considering strengthening them to a “state of emergency.” Japan has never had a lockdown, and its laws would need to be changed for such action.

Australia’s S&P/ASX 200 gained 0.4% to 7,093.20, while South Korea’s Kospi added 0.4% to 3,212.41. Hong Kong’s Hang Seng lost 0.4% to 28,856.21. The Shanghai Composite inched down 0.1% to 3,421.96.

Yoshimasa Maruyama, chief market economist at SMBC Nikko Securities, said that although the promised vaccine after Suga’s U.S. visit works as a plus for Japan, their agreement to take a stiffer stance on China adds to investor worries because of China’s importance for the Japanese economy.

Suga likely had hoped Biden would more forcefully expressed his support for the Tokyo Olympics, set to open in July, despite widespread public worries about the pandemic and opposition to holding the Games. The joint statement refers to the U.S. support for Japan’s “efforts to hold a safe and secure” Games.

“The Suga administration has taken a risk in China relations, in accordance to the U.S. request,” Maruyama said.

On Wall Street, the S&P 500 and Dow Jones Industrial Average ended last week with new highs. The S&P 500 rose 15.05 points, or 0.4%, to 4,185.47, led by gains in companies that rely directly on consumer spending, health care stocks and banks, which benefited from higher Treasury yields.

READMORE..

No Result
View All Result

Subscribe Us

By clicking submit, I authorize Capitalize Financial and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here
  • Trending
  • Comments
  • Latest

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

Capital One Savings Account Rates for November 2022

These are the 10 housing markets across the US where home sellers are sitting pretty

10 Best Finance Podcasts for 2023

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2025 capitalize Financial All Rights Reserved

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset