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A currency trader watches computer monitors near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Sept. 13, 2022. Asian stocks followed Wall Street higher on Tuesday ahead of data traders hope will show surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. (AP Photo/Ahn Young-joon)

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Asian stocks gain ahead of US inflation report
By JOE MCDONALD - AP Business Writer
Sun,09/11/22-10:57PM , 96 Reads
BEIJING (AP) — Asian stocks followed Wall Street higher on Tuesday ahead of data traders hope will show surging U.S. inflation eased in August, reducing pressure for more interest rate hikes.

Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices edged lower.
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 6, 2022. (AP Photo/Ahn Young-joon)

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Asian stocks mixed after China promises to boost growth
By JOE MCDONALD - AP Business Writer
Tue,09/06/22-1:18AM , 67 Reads
BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth and Australia's central bank raised its benchmark interest rate.

Shanghai, Tokyo and Seoul gained while Hong Kong declined.
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 6, 2022. (AP Photo/Ahn Young-joon)

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Asian markets mixed after China promises economic support
By JOE MCDONALD - AP Business Writer
Mon,09/05/22-11:45PM , 49 Reads
BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth.

Shanghai gained while Hong Kong declined. Tokyo and South Korea were unchanged at midday.
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Monday, Sept. 5, 2022. Asian stock markets declined Monday after Wall Street ended last week lower and China tightened anti-virus controls. (AP Photo/Lee Jin-man)

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Global stocks sink as Europe faces new squeeze on gas supply
By JOE MCDONALD - AP Business Writer
Mon,09/05/22-12:33AM , 88 Reads
BEIJING (AP) — Global stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies.

London and Frankfurt opened lower. Tokyo, Hong Kong and South Korea fell while Shanghai gained. Oil prices rose more than $2 per barrel while the euro edged lower.
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