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View Winners → Business Sep 16, 2020
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In this Aug. 4, 2020, file photo, a woman wearing a face mask stands by a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange. Asian stock markets were mostly higher Tuesday after Wall Street rose on a flurry of corporate deals and China’s economic activity improved. Shanghai, Hong Kong and Seoul gained, while Tokyo retreated. Wall Street’s S&P 500 index closed 1.3% higher, driven by gains for technology, health care and finance stocks after chipmaker Nvidia and other companies announced acquisitions and drugmaker AstraZeneca said clinical trials of its coronavirus vaccine will resume. Business The latest business news. “Wall St. appears to have recovered some of its mojo,” Mizuho Bank said in a report. “The question to ask, though, is whether we are dealing with optimism or there is just optimism about deals.” The Shanghai Composite Index gained 0.3% to 3,289.38 after the government reported retail sales rose 0.5% in August over a year earlier for their first positive growth this year. The Chinese statistics agency said that was a sign of “stable and continuous” recovery from the economy’s downturn. The Nikkei 225 in Tokyo lost 0.4% to 23,464.99 while the Hang Seng […]
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