Asian stock market News

Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbours.

Asian markets mostly fell Tuesday as a week-long rally finally came to an end with traders cashing in profits and awaiting developments in Britain`s preparation to leave the European Union after last month`s exit vote.

Chinese stocks sank again Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world`s financial markets.

Asian shares rose on Tuesday on hopes that Greece`s conditional bailout agreement would bring to an end that country`s debt crisis, though caution kept broad gains in check.

Asian equities tumbled today as a collapse in Chinese shares began to contaminate other markets, and after European leaders slapped Greece with a deadline to submit fresh bailout reform proposals.

Asian equities fell Monday after Greece overwhelming rejected further austerity measures, pushing it closer to a eurozone exit, while Shanghai underwent another day of volatility as China introduced a raft of measures to shore up the slumping market.

Asian markets largely rose on Thursday and Tokyo hit a fresh 15-year high, driven by dip buying after the previous day`s fall, while energy shares gained on higher oil prices.

Asian stocks fell on Thursday as falling oil prices continued to feed into global growth concerns, while the dollar struggled against peers such as the yen and euro after a further drop in US bond yields.

Asian markets were mixed on Monday after China released data pointing to further weakness in the country`s manufacturing sector, while Tokyo hit a seven-year high as the yen slipped against the dollar.

US markets took the Japan figures in their stride. The S&P 500 rose 0.07 percent to a new record, while the Dow also gained 0.07 percent but fell just short of another all-time high. The Nasdaq fell 0.37 percent.

Asian markets were mixed Tuesday ahead of the US Federal Reserve`s next policy meeting, which will be scrutinised for an idea of what its plans are for interest rates.