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Boeing says more freighters needed to support global supply chains, e-commerce expansion
SAN FRANCISCO, Nov. 17 (Xinhua) -- Boeing on Tuesday released its biennial World Air Cargo Forecast (WACF), predicting demand for 2,430 freighters over the next 20 years, including 930 new production freighters and 1,500 freighters converted from passenger airplanes.
Hong Kong leads Asia markets rally on coronavirus hopes
HoONG KONG: Hong Kong led an Asia-wide market rally Monday (June 1) as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of Covid-19 (coronavirus) lockdowns continued to provide support.
Asian shares rise on hopes for drug to treat Covid-19
TOKYO (AP): Asian shares advanced on Thursday (April 30), riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to override data showing the US economy had logged its worst quarterly performance since 2009.
Asia stocks finally get their moment in bull-market spotlight
HONG KONG (Bloomberg): Asia Pacific stocks have finally risen more than 20% from their recent lows and are set to join global peers in a bull market.
Asia markets subdued despite Wall Street rally
HONG KONG (AFP): Asian equities were lower in Wednesday (April 15) trade, bucking an overnight rally on Wall Street prompted by encouraging signs that US coronavirus infection rates were in decline.
Asia markets down as oil rallies on output cuts deal
HONG KONG: Asia markets fell Monday with investors cautious on news of an international deal to shore up oil prices and tentative signs of progress in efforts to combat the coronavirus pandemic. OPEC producers dominated by Saudi Arabia and allies led by Russia thrashed out a compromise deal on Sunday to cut production by nearly 10 million barrels per day from May.
Asia markets extend gains on glimmers of hope in virus fight
HONG KONG: Equities rallied again on Tuesday (April 7) as investors seized on signs of a slowdown in the spread of the Covid-19 (coronavirus) outbreak in key hotspots and some governments began making plans to ease restrictions aimed at containing the disease.
Asia markets mostly up after senate passes huge stimulus
HONG KONG (AFP): Asian markets mostly rose Thursday (March 26) as investors breathed a sigh of relief that US senators have finally passed a gargantuan stimulus package for the world's top economy after being delayed by wrangling over details.
Asia markets tumble as US Federal Reserve cuts benchmark rate amid growing concerns about economic toll of coronavirus
Hong Kong and China stocks both open lowerInvestors not persuaded enough action is being taken to deal with virus’ economic fallout
Asian shares rise, Europe falls after China moves on virus
TOKYO (AP): European indexes were slipping in early trading Wednesday (Feb 5) after Asian shares rose on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.