Asian traders cautious after being unnerved by China sell-off
Asian traders cautious after being unnerved by China sell-off
Hong Kong - Egypt Today
Asian markets mostly rose but investors moved warily on Friday after a sharp sell-off in Shanghai the previous day fuelled concerns of fresh turmoil in Chinese markets.
China's benchmark composite index plunged more than two percent in a late afternoon sell-off Thursday as mainland traders were spooked by a government crackdown on risky dealing and worries about sky-high valuations.
Analysts also pointed out that there was no intervention by state-backed firms to support key stocks, indicating authorities are willing to see prices fall as they look to cool the market.
The losses rekindled memories of the collapse in mainland stocks in summer 2015 and the following January, which sparked a global retreat and was fuelled partly by fears values had risen too sharply -- the market had surged 150 percent in a year on speculative trading.
- Monday ,11 December GMT 06:06 2017 Asian traders extend global rally after US jobs data, eyes on Fed
- Monday ,04 December GMT 06:58 2017 Dollar rises on US tax-cut progress but Flynn deal spooks traders
GMT 11:08 2017 Thursday ,21 December
Asian markets mostly down as tax cut euphoria wanesGMT 06:00 2017 Monday ,18 December
Asian markets jump as US tax cuts move step closerGMT 10:16 2017 Friday ,15 December
Asian markets down after Wall Street slips on tax reform fearsGMT 06:06 2017 Monday ,11 December
Asian traders extend global rally after US jobs data, eyes on FedGMT 06:58 2017 Monday ,04 December
Dollar rises on US tax-cut progress but Flynn deal spooks tradersRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:23 2019 Friday ,30 August
Testing
GMT 08:26 2017 Monday ,10 July
Air India break-up an option as Modi pushes for quick sale
GMT 17:09 2017 Friday ,29 December
At least 14 dead in Mumbai fire
GMT 13:44 2017 Thursday ,21 December
Nine-time champion Loeb set for 2018 cameo
GMT 12:39 2016 Thursday ,22 December
England's Alastair Cook named as captain of ICC team of year
GMT 13:08 2017 Tuesday ,26 September
Bahrain's aluminum industry thriving, manned by 12,184
GMT 16:24 2017 Friday ,11 August
Kuwait uses restoration expertise of Egyptian Book House
GMT 06:36 2017 Monday ,06 March
Israel approves partial marijuana decriminalisation
GMT 08:50 2017 Sunday ,03 December
Reza Zarrab, the star witness unnerving Ankara
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 05:28 2024 Wednesday ,07 February
Future Brazil gov to 'dissociate' itself from UN migration compact
GMT 18:26 2018 Friday ,14 December
Mashrou’ Leila headline Apple event in Dubai
GMT 08:50 2018 Thursday ,06 December
Biological weapons can be discussed only in framework of BWC
GMT 09:31 2018 Sunday ,04 November
Djokovic triumphs over Federer to meet Khachanov in Paris final
GMT 12:35 2018 Thursday ,01 November
UN chief appoints new special envoy for Syria
GMT 07:38 2018 Thursday ,25 October
Abu Dhabi oil giant sees ‘enormous’ investment potential in Kingdom
GMT 04:31 2018 Tuesday ,04 September
Syrian Arab Army destroys rocket launching pads for terrorists in Hama countryside
GMT 12:41 2016 Friday ,09 December
Blatter blasts Infantino over lack of respect
GMT 23:04 2017 Friday ,21 April
Blaze kills 19 at gov't-run shop in central IndiaGMT 03:22 2011 Thursday ,05 May
The Leela Palace New Delhi opens
GMT 10:13 2015 Saturday ,03 January
Fashion East reveals AW15 men's presentation line-up
GMT 03:28 2016 Saturday ,30 April
German researchers develop microbots to clean up lead from water
GMT 13:24 2017 Sunday ,13 August
Plane makes emergency landing at Cairo airport
GMT 03:58 2017 Monday ,03 July
Police Music Band to participate in US Independence Day celebrations
GMT 11:06 2016 Thursday ,15 September
WADA urges Russia to stop doping hacks
GMT 14:05 2014 Thursday ,18 December
Airbnb in Amsterdam tourist tax deal, first in Europe
GMT 19:49 2017 Thursday ,17 August
Daesh claims its 'soldiers' carried out Barcelona attack
GMT 09:26 2016 Monday ,29 August
Egypt seeks tougher penalties
GMT 09:54 2013 Thursday ,28 February
Tragedy for the Canal regions and the Brotherhood's backwardness
GMT 09:08 2018 Wednesday ,10 January
Federer eyes fresh 'fairytale' as Slam rivals struggle
GMT 11:39 2017 Tuesday ,07 November
Netanyahu signals Gaza militant bodies to be bargaining chips
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor