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 10:14 2019 Monday ,19 August
Love a special date with you
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 14:23 2018 Friday ,05 October
Congolese physician and Iraqi human rights activist win 2018 Nobel Peace Prize
GMT 15:21 2017 Wednesday ,26 July
Jordan, Egypt agree to form investment council
GMT 06:12 2017 Wednesday ,15 March
China’s economy gets off to strong start in 2017
GMT 10:38 2017 Tuesday ,19 December
Sisi issues decrees appointing new secretaries
GMT 22:42 2017 Wednesday ,22 February
Mugabe praises Trump’s ‘America First’ policy
GMT 12:42 2017 Thursday ,29 June
Cutting fuel subsidies falls within gov't
GMT 07:17 2017 Wednesday ,23 August
US targets Chinese, Russian entities, individualsGMT 00:02 2011 Thursday ,20 October
Groin op \'successful\': All Blacks ace Carter
GMT 13:29 2016 Thursday ,15 December
Nacional slam video ref after world club exit
GMT 07:32 2017 Thursday ,02 March
Moroccan Minister Calls For Expertise Network
GMT 13:40 2017 Tuesday ,09 May
As manhunt ends, African warlord Kony eludes justice
GMT 08:31 2018 Monday ,22 January
West's 'Russiaphobia' worse than
GMT 19:13 2017 Monday ,02 October
Fine weather on Tuesday
GMT 12:59 2014 Thursday ,10 July
Haya seeks to reduce malnutrition rates
GMT 14:18 2017 Monday ,28 August
Belarus praises Egypt's role in ME stability
GMT 14:58 2016 Tuesday ,13 December
Andie MacDowell talks life, career at DIFF
GMT 07:37 2017 Friday ,10 February
Gaza's 'Spider-Man' contortionist enters record books
GMT 13:36 2016 Tuesday ,06 December
Look at libraries over league tables when choosing a school
GMT 18:30 2017 Monday ,18 December
'Multiple' fatalities as train derails onto highway in Washington state
GMT 14:39 2017 Saturday ,16 December
Arming Popular Mobilization forces under Iraqi governmentGMT 16:13 2012 Wednesday ,12 September
A journey among the best coursesGMT 09:17 2011 Wednesday ,15 June
Ghada celebrates daughter’s engagementGMT 15:36 2013 Thursday ,24 January
Intense care from La Roche-Posay
GMT 10:43 2017 Monday ,29 May
Nermin Maher confirms role in “Blood Chain” is surprise
GMT 09:08 2017 Thursday ,05 October
Nourhanne happy for participating in new drama
GMT 21:39 2017 Monday ,08 May
Palestinian prisoners in Israeli jails enter 22nd day of hunger strike
GMT 05:33 2017 Monday ,30 January
‘Joint responsibility between home, school and media to combat drugs’
GMT 06:32 2017 Monday ,17 April
Attempt by 91 persons to sneak into Libya foiled
GMT 10:23 2016 Wednesday ,23 March
cartoon fourteen
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor