China keeps benchmark lending rate unchanged

China keeps benchmark lending rate unchanged

Stock picks and investing trends from CNBC Pro: Hong Kong’s Hang Seng index dipped 0.43%. Shares of Alibaba shares in Hong Kong fell more than 2%, despite Reuters reporting Friday that China’s central bank has accepted Alibaba-affiliate Ant Group’s application to form a financial holding firm, reviving hopes for a potential public listing for Ant. … Read more

Hong Kong’s Hang Seng leads losses in Asia; oil prices drop close to 2%

Hong Kong’s Hang Seng leads losses in Asia;  oil prices drop close to 2%

SINGAPORE — Shares in Asia-Pacific declined in Thursday trade, with Australia’s April trade surplus coming in higher than expected. Hong Kong’s Hang Seng index led losses regionally as it declined 1.67%, with shares of Alibaba dropping more than 3%. In mainland China, the Shanghai Composite edged 0.11% higher while the Shenzhen Component gained 0.357%. “There … Read more

Asia-Pacific stocks rise ahead of major economic data this week

Asia-Pacific stocks rise ahead of major economic data this week

SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade as investors look ahead to major economic data releases later in the week. In Japan, the Nikkei 225 rose 1.74% in morning trade as shares of robot maker Fanuc jumped more than 3%. The Topix index traded 1.47% higher. Hong Kong’s Hang Seng index advanced … Read more

Asia stocks mixed as oil jumps; investors react to RBA rate decision

Asia stocks mixed as oil jumps;  investors react to RBA rate decision

SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday trade, while the Reserve Bank of Australia kept its cash rate target unchanged. In Japan, the Nikkei 225 climbed 0.12% while the Topix index shed 0.29%. South Korea’s Kospi edged 0.1% lower. Elsewhere, Australia stocks rose as the S&P/ASX 200 advanced 0.26%. In Southeast Asia, Singapore’s … Read more