Asia shares: Asian shares enjoy the calm before inflation test

Asia shares: Asian shares enjoy the calm before inflation test

SYDNEY: Asian stocks got the week off to a quiet start on Monday as a holiday in Japan removed one source of recent volatility, and investors hunkered down for major U.S. and Chinese economic data for an update on global growth prospects. Key for the Federal Reserve will be U.S. consumer prices on Wednesday where … Read more

Asian stock markets: Stocks slugged by US recession risk, bonds bet on rapid rate cuts

Asian stock markets: Stocks slugged by US recession risk, bonds bet on rapid rate cuts

Share markets slid and bonds rallied in Asia on Monday as fears the United States could be heading for recession triggered mass risk aversion and wagers interest rates will have to fall sharply, and quickly, to support growth. Investors began where they finished on Friday by knocking Nasdaq futures down 1.87%, while S&P 500 futures … Read more