Asia

Asian shares mixed as omicron worries crimp market optimism

Asian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron variant of the coronavirus. Japan’s benchmark Nikkei 225 jumped 1.4% to finish at 29,069.16. South Korea’s Kospi gained 0.5% to 3,015.63. Hong Kong’s Hang Seng recouped early losses to edge […]

Asian markets bounce back from omicron sell-offs

Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. Much of the concern over the outlook has been driven by […]

Asian shares mostly lower after tech-led retreat on Wall St

Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]

Report of Chinese hackers targeting Southeast Asia's telecom firms

Security firm Cybereason reported on Tuesday that it detected three vicious cyberattacks operating on behalf of the Chinese state targeting at least five of the biggest telecommunications firms located in Southeast Asia countries. Previously, a similar cyberattack on Microsoft Exchange email server, the U.S., Britain, and the European Union have repeatedly accused Beijing of state […]