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Asian shares are mixed in directionless trading following a U.S. holiday, as optimism about a deal on the U.S. debt was dented by worries about the regional economy TOKYO -- Asian shares were mixed in directionless trading Tuesday following a U.S. holiday, as optimism about a deal on the U.S. debt was dented by worries about the regional economy . Japan's benchmark Nikkei 225 rose 0.3% to 31,328.16. Australia's S &P/ASX 200 edged down 0.1% to 7,209.30. South Korea's Kospi jumped 1.0% to 2,584.90. Hong Kong's Hang Seng was up less than 0.1% at 18,553.22. The Shanghai Composite fell less than 0.1% to 3,221.01. Analysts say investors remain concerned about the a possible “second wave” of COVID-19 cases in China, although the economic impact is expected to be more limited than from the earlier pandemic wave. China's recovery from virus-related disruptions during the past several years appears to be faltering, adding to worries over the regional economy. “To s...

Shares are mixed in Asia after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors BANGKOK -- Shares were mixed in Asia on Wednesday after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors. Shares fell in Tokyo, Shanghai and Seoul but rose in Hong Kong as the Chinese government took further steps to reopen to foreign Travel after relaxing its stringent “zero-COVID” policies. Oil prices rose and U.S. futures inched higher. The Chinese government announced it will start issuing new passports in another major step away from anti-virus travel barriers. That sets up a potential flood of tourists out of China for next month’s Lunar New Year holiday, taking free-spending Chinese visitors to Asia, Europe and other destinations during what usually is the country’s busiest travel season. But governments in India and Japan have said they will impose extra precautions on those arrivi...

World stocks are mixed after gains on Wall Street driven by heavy buying of tech shares as investors bet the Federal Reserve will trim its rate hikes as it makes headway in tamping down inflation BANGKOK -- World stocks were mixed Tuesday after a Wall Street rally driven by heavy buying of tech shares as investors bet the Federal Reserve will trim its rate hikes as it makes headway in tamping down inflation. Germany's DAX edged 0.1% lower to 15,086.68 while the CAC 40 in Paris gained 0.2% to 7,024.63. Britain's FTSE 100 slipped 0.4% to 7,751.06. The futures for the S &P 500 and the Dow industrials were 0.1% lower. A preliminary reading for manufacturing in Japan remained steady in January at its lowest level in over two years, with exports declining faster. But the strength in Technology shares helped spur buying of manufacturers like electronics maker Omron, which gained 2.7%, and robot supplier Fanuc Corp., which gained 1.6%. Tokyo's Nikkei 225 index gained 1.5...

Shares have begun the year mixed, with European benchmarks opening higher after a lackluster session for the few Asian markets not closed for New Year holidays BANGKOK -- Shares began the year mixed , with European benchmarks opening higher on Monday after a lackluster session for the few Asian markets not closed for New Year holidays. This week brings employment data and minutes from the latest meeting of the Federal Reserve, as 2023 begins with persisting uncertainties over the war in Ukraine and over the risk that interest rate hikes meant to tame inflation might lead to recession. Germany's DAX gained 0.5% in early trading to 13,996.02 and the CAC40 in Paris added 0.7% to 6,520.71. Markets in Britain and in the U.S. are closed Monday in observance of the New Year’s Day holiday. In Asia, South Korea’s Kospi fell 0.5% to 2,225.67 and the Sensex in Mumbai gained 0.4% to 61,109.23. Jakarta's benchmark was flat. Over the weekend, a report showed that Chinese manufacturing cont...