Asian stocks hit two-year high, Nikkei bounces as Berkshire buys in

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Asia stocks touch 29-month top, China blue chips at five-year high

The Nikkei had dipped on Friday after Prime Minister Shinzo Abe’s resignation stirred doubts about future fiscal and monetary stimulus policies.

The U.S. ISM manufacturing survey is also expected to show a continued pick up in activity in August, while August payrolls on Friday are forecast to rise 1.4 million with the unemployment rate dipping to a still painfully-high 9.8%. The risk of higher inflation in the future, assuming the Fed can get it there, was enough to push up longer-term Treasury yields and sharply steepen the yield curve.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Crivvens, looks like China will be the biggest superpower soon, guess the virus worked then

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks reach 29-month top, China services surprisingly strongAsian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China's service sector augured well for continued recovery there. Les actions asiatiques ont atteint leur plus haut niveau en deux ans, Nikkei rebondit alors que Berkshire achète Bourse
Source: Reuters - 🏆 2. / 97 Read more »

Asian stocks reach 29-month top, China services surprisingly strongAsian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China's service sector augured well for continued recovery there. Les actions asiatiques ont atteint leur plus haut niveau en deux ans, Nikkei rebondit alors que Berkshire achète Bourse
Source: Reuters - 🏆 2. / 97 Read more »

Warren Buffett's Berkshire Hathaway buys stakes in Japan's five leading trading companiesNews of the purchases came on the same day the 'Oracle of Omaha' turned 90. He is washed up First Gold and now Japan. He is going where no Buffett has gone before!! MohnishPabrai byKatherineRoss ? Not buying, America, greatest capital growth engine in history? GS and MS get clobbered tomorrow?
Source: CNBC - 🏆 12. / 72 Read more »