Latest Motor fuel markets News

Asian shares up on trade optimism as Trump hints of Xi talks

Jun. 18, 2019 11:32 PM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70. South...

Asian markets mostly edge higher ahead of Fed meeting

Jun. 17, 2019 11:43 PM EDT

SINGAPORE (AP) — Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. The Kospi in South Korea gained 0.5% to 2,101.43, and Hong Kong's Hang Seng picked up 0.9% to 27,471.19. The Shanghai Composite index jumped 0.2% to 2,892.53, while...

Asian stocks mostly lower after retreat on Wall Street

Jun. 12, 2019 2:15 AM EDT

TOKYO (AP) — Shares were mostly lower in Asia on Wednesday and Hong Kong's Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory's legal autonomy. Renewed jitters over the trade war between the U.S. and China...

Asian shares rise as Trump plans to meet Chinese leader

Jun. 11, 2019 12:09 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday as investor jitters over trade eased after U.S. President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan's benchmark Nikkei 225 rose 0.4% in morning trading to 21,208.09....

US stock market notches best week since late November

Jun. 7, 2019 4:55 PM EDT

Wall Street turned the page on a painful May in the stock market by notching its best week since late November. Stocks climbed for a fourth consecutive day Friday, capping a week of gains that reversed most of the losses in May, when President Donald Trump's tariff threats escalated trade wars with China and...

Asian stocks trail US rise on US-Mexico trade deal optimism

Jun. 7, 2019 2:41 AM EDT

TOKYO (AP) — Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect. Japan's Nikkei 225 gained 0.5% to 20,884.71, while Australia's S&P/ASX 200 rose nearly 1.0% to 6,443.90. South Korea's Kospi fell 0.2% to...

Asian shares jump on US Fed's rate cut bandwagon

Jun. 5, 2019 12:49 AM EDT

BANGKOK (AP) — Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars. Japan's Nikkei 225 index jumped 1.8% to 20,773.86 while the Hang Seng in Hong Kong...

Stocks end rocky month lower as Trump widens trade war

May. 31, 2019 5:28 PM EDT

Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long slide investors...

Asian stocks mostly fall on Wall Street slide, trade fears

May. 29, 2019 11:03 PM EDT

TOKYO (AP) — Asian shares were mostly lower Thursday after another round of selling on Wall Street and investor worries about a trade war. Japan's benchmark Nikkei 225 dropped nearly 0.9% in morning trading to 20,824.91. Australia's S&P/ASX 200 slipped 0.7% to 6,393.70. South Korea's Kospi edged up...

Asian stocks retreat as China-US jitters set in

May. 28, 2019 11:34 PM EDT

SINGAPORE (AP) — Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth. With a lull in economic releases closer to home, investors digested President Donald Trump's comments that the country was "not ready" for a...