Saudis accessed Amazon CEO Jeff Bezos’ phone and gained private data, security chief says

Saudi Arabia accessed Jeff Bezos’ phone and obtained private data belonging to the Amazon CEO, security specialist Gavin de Becker said in an article posted on The Daily Beast Saturday, laying out the findings of his investigation. Bezos had tasked de Becker, his security chief, with investigating how the National Enquirer had obtained and published intimate texts that the Amazon CEO had sent to his mistress, former TV anchor Lauren Sanchez. De Becker said his investigation had concluded “with h


Saudi Arabia accessed Jeff Bezos’ phone and obtained private data belonging to the Amazon CEO, security specialist Gavin de Becker said in an article posted on The Daily Beast Saturday, laying out the findings of his investigation. Bezos had tasked de Becker, his security chief, with investigating how the National Enquirer had obtained and published intimate texts that the Amazon CEO had sent to his mistress, former TV anchor Lauren Sanchez. De Becker said his investigation had concluded “with h
Saudis accessed Amazon CEO Jeff Bezos’ phone and gained private data, security chief says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-30  Authors: spencer kimball, andrew harrer, bloomberg, getty images, jeniece pettitt
Keywords: news, cnbc, companies, michael, source, phone, national, chief, private, data, gained, security, ami, ceo, jeff, sanchez, bezos, investigation, saudis, post, saudi, enquirer, becker


Saudis accessed Amazon CEO Jeff Bezos' phone and gained private data, security chief says

Saudi Arabia accessed Jeff Bezos’ phone and obtained private data belonging to the Amazon CEO, security specialist Gavin de Becker said in an article posted on The Daily Beast Saturday, laying out the findings of his investigation.

Bezos had tasked de Becker, his security chief, with investigating how the National Enquirer had obtained and published intimate texts that the Amazon CEO had sent to his mistress, former TV anchor Lauren Sanchez.

In a shocking post in February, Bezos alleged that National Enquirer publisher AMI blackmailed him by threatening to publish intimate photos if he did not publicly state that the tabloid’s coverage of him was not politically motivated. AMI has maintained that it acted lawfully in its reporting on Bezos.

De Becker said his investigation had concluded “with high confidence that the Saudis had access to Bezos’ phone and gained private information.”

Bezos is also the owner of The Washington Post, which has run critical coverage of the Trump administration and the Saudi government. In October, Post journalist Jamal Khashoggi was murdered in a Saudi consulate in Istanbul, sparking international outrage against Riyadh.

“Some Americans will be surprised to learn that the Saudi government has been very intent on harming Jeff Bezos since last October, when the Post began its relentless coverage of Khashoggi’s murder,” de Becker said.

De Becker went on to say that it is unclear if AMI was aware of the details, but pointed to what he called a close relationship between AMI chairman David Pecker and the Saudi government.

The Saudis have previously denied having anything to do with the National Enquirer’s coverage of Bezos.

“This is something between the two parties, we have nothing to do with it,” Adel al-Jubeir, Saudi Arabia’s minister of state for foreign affairs, told CBS’ “Face the Nation” in February.

The Saudi embassy could not be immediately reached for comment.

De Becker said his investigation quickly identified Michael Sanchez, the estranged brother of Lauren Sanchez, as a paid source of the National Enquirer. AMI has said Michael Sanchez was the single source for the story.

But de Becker suggested that “the initial information came from other channels—another source or method.”

A spokesperson for AMI, in a statement to CNBC, maintained that Michael Sanchez was the single source for the National Enquirer story: “There was no involvement by any other third party whatsoever,” the company said.

Here’s the full statement from AMI:

Despite the false and unsubstantiated claims of Mr. de Becker, American Media has, and continues to, refute the unsubstantiated claims that the materials for our report were acquired with the help of anyone other than the single source who first brought them to us. The fact of the matter is, it was Michael Sanchez who tipped the National Enquirer off to the affair on Sept. 10, 2018, and over the course of four months provided all of the materials for our investigation. His continued efforts to discuss and falsely represent our reporting, and his role in it, has waived any source confidentiality. There was no involvement by any other third party whatsoever.

De Becker said the findings of his investigation have been turned over to federal officials.

Read the full article in The Daily Beast


Company: cnbc, Activity: cnbc, Date: 2019-03-30  Authors: spencer kimball, andrew harrer, bloomberg, getty images, jeniece pettitt
Keywords: news, cnbc, companies, michael, source, phone, national, chief, private, data, gained, security, ami, ceo, jeff, sanchez, bezos, investigation, saudis, post, saudi, enquirer, becker


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Major Asian markets close higher as US-China trade talks resume this week

The Dow Jones Industrial Average gained 91.87 points to 25,717.46 and the S&P 500 added 0.4 percent to 2,815.44 — on track for its best first-quarter performance since 1998. The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.129 after rising from lows below 97.0 yesterday. The Australian dollar was at $0.7098 after weakening from the $0.71 handle in the previous session. Oil prices gained in the afternoon of Asian trading hours, as the international benchm


The Dow Jones Industrial Average gained 91.87 points to 25,717.46 and the S&P 500 added 0.4 percent to 2,815.44 — on track for its best first-quarter performance since 1998. The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.129 after rising from lows below 97.0 yesterday. The Australian dollar was at $0.7098 after weakening from the $0.71 handle in the previous session. Oil prices gained in the afternoon of Asian trading hours, as the international benchm
Major Asian markets close higher as US-China trade talks resume this week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: eustance huang
Keywords: news, cnbc, companies, markets, treasury, dollar, talks, resume, rose, week, asian, uschina, higher, report, points, close, rising, gained, futures, economic, trade, major


Major Asian markets close higher as US-China trade talks resume this week

Overnight on Wall Street, stocks rose. The Dow Jones Industrial Average gained 91.87 points to 25,717.46 and the S&P 500 added 0.4 percent to 2,815.44 — on track for its best first-quarter performance since 1998. The Nasdaq Composite rose 0.3 percent to 7,669.17.

The moves stateside came following a Reuters report that Chinese officials made unprecedented offers regarding forced technology transfers as well as other major sticking points, as U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin arrived in Beijing for further negotiations.

The trade standoff between the two economic powerhouses has been closely watched by investors, amid rising concerns of an economic slowdown as the bond market flashed signals that a recession could come soon.

“I think ultimately we will be rewarded with a deal of sorts which both sides will proclaim … as a fantastic victory,” Rob Carnell, chief economist and head of Asia-Pacific research at ING Bank, told CNBC’s “Squawk Box” on Friday.

“The thing to bear in mind is this is a process,” Carnell said. “Whatever we get out of this, it’s nice to say ‘right, okay we’ll draw a line under this bit, now we have to look forward to all the other things that we haven’t sorted out’.”

The 10-year Treasury rate hit its lowest level since December of 2017 on Thursday. This comes after the same bond fell below its three-month counterpart last week — a phenomenon described as a inverted yield curve, seen as an early indicator of a recession.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.129 after rising from lows below 97.0 yesterday.

The Australian dollar was at $0.7098 after weakening from the $0.71 handle in the previous session.

Oil prices gained in the afternoon of Asian trading hours, as the international benchmark Brent crude futures added 0.27 percent to $68.00 per barrel. U.S. crude futures also rose 0.42 percent to $59.56 per barrel.

— CNBC’s Fred Imbert contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: eustance huang
Keywords: news, cnbc, companies, markets, treasury, dollar, talks, resume, rose, week, asian, uschina, higher, report, points, close, rising, gained, futures, economic, trade, major


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Slack’s security worries some CEOs, who say that employees ‘never shut up’ on the app

Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion. “I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to


Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion. “I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to
Slack’s security worries some CEOs, who say that employees ‘never shut up’ on the app Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: kate fazzini, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, say, slacks, security, app, worries, way, employees, messaging, shut, corporate, ceos, slack, company, executives, gained, public


Slack's security worries some CEOs, who say that employees 'never shut up' on the app

Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much.

More than 10 million people use Slack every day, mostly to communicate with co-workers. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion.

But executives who spoke with CNBC about employee use of the app fear that the freely exchanged — and often sensitive — information could easily find its way into more public forums.

“I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to be named so he could speak openly about his concerns. “It’s very good for productivity, but the problem is we’re working on security, so we have to be careful about what we say.”

Employees communicate on Slack using “channels” to focus conversations on various topics specific to different departments. It followed corporate chat tools from Microsoft, Google and Cisco as well as a plethora of start-ups, but none gained Slack’s level of adoption or had so much success in pulling workers away from email and into messaging groups.


Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: kate fazzini, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, say, slacks, security, app, worries, way, employees, messaging, shut, corporate, ceos, slack, company, executives, gained, public


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Slack’s security worries some CEOs, who say that employees ‘never shut up’ on the app

Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion. “I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to


Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion. “I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to
Slack’s security worries some CEOs, who say that employees ‘never shut up’ on the app Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: kate fazzini, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, employees, slack, public, gained, app, executives, corporate, way, shut, say, messaging, slacks, ceos, worries, company, security


Slack's security worries some CEOs, who say that employees 'never shut up' on the app

Slack recently entered a quiet period ahead of its public market debut, which is expected later this year. Meanwhile, many corporate executives would like a little more quietness on the Slack messaging app, where employees are prone to saying way too much.

More than 10 million people use Slack every day, mostly to communicate with co-workers. The app has gained so much popularity in the five-plus years since its launch that private investors value the company at over $7 billion.

But executives who spoke with CNBC about employee use of the app fear that the freely exchanged — and often sensitive — information could easily find its way into more public forums.

“I love my people, but they never shut up on Slack,” said the CEO of a security company who asked not to be named so he could speak openly about his concerns. “It’s very good for productivity, but the problem is we’re working on security, so we have to be careful about what we say.”

Employees communicate on Slack using “channels” to focus conversations on various topics specific to different departments. It followed corporate chat tools from Microsoft, Google and Cisco as well as a plethora of start-ups, but none gained Slack’s level of adoption or had so much success in pulling workers away from email and into messaging groups.


Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: kate fazzini, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, employees, slack, public, gained, app, executives, corporate, way, shut, say, messaging, slacks, ceos, worries, company, security


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These stocks are thousands of times higher than they traded when the market hit its crisis-era low

Since the market bottomed during the financial crisis, the S&P 500 has gained more than 312 percent, but some individual stocks have gained thousands of times over. The S&P 500 cratered on March 6, 2009, when it reached an intraday low of 666. CNBC studied the price performance of stocks in the S&P that were publicly traded 10 years ago. Amazon has gained 2,700 percent from that 2009 low. WATCH: If You Invested In Apple And Amazon In 2009 Here’s What You’d Have Now


Since the market bottomed during the financial crisis, the S&P 500 has gained more than 312 percent, but some individual stocks have gained thousands of times over. The S&P 500 cratered on March 6, 2009, when it reached an intraday low of 666. CNBC studied the price performance of stocks in the S&P that were publicly traded 10 years ago. Amazon has gained 2,700 percent from that 2009 low. WATCH: If You Invested In Apple And Amazon In 2009 Here’s What You’d Have Now
These stocks are thousands of times higher than they traded when the market hit its crisis-era low Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: patti domm, gina francolla, carlo allegri
Keywords: news, cnbc, companies, crisisera, sp, hit, low, amazon, stocks, youd, tuesdays, higher, thousands, traded, gained, 2009, 500, ulta, times, market


These stocks are thousands of times higher than they traded when the market hit its crisis-era low

Since the market bottomed during the financial crisis, the S&P 500 has gained more than 312 percent, but some individual stocks have gained thousands of times over.

The S&P 500 cratered on March 6, 2009, when it reached an intraday low of 666. Its closing low came three days later, on March 9, at 676.

CNBC studied the price performance of stocks in the S&P that were publicly traded 10 years ago. In a list of the top 25, the top-performing stock was Ulta Beauty, which is up more than 7,100 percent since then. It is followed by Abiomed and Netflix, both up more than 6,000 percent. Amazon has gained 2,700 percent from that 2009 low. All prices are as of Tuesday’s close.

WATCH: If You Invested In Apple And Amazon In 2009 Here’s What You’d Have Now


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: patti domm, gina francolla, carlo allegri
Keywords: news, cnbc, companies, crisisera, sp, hit, low, amazon, stocks, youd, tuesdays, higher, thousands, traded, gained, 2009, 500, ulta, times, market


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Why stocks surging in January and February is a good sign for March

Through the first two months of this year, the S&P 500 gained more than 11%. Since 1990, when the S&P has gained 7.5% or more January through February, all three major indices have continued higher in March. The S&P – along with the Dow and Nasdaq – all gained an additional average of 2-4 percent, according to a CNBC analysis using Kensho. But several individual sectors have outperformed during those March periods. The top three were Financials, Consumer Discretionary and Consumer Staples.


Through the first two months of this year, the S&P 500 gained more than 11%. Since 1990, when the S&P has gained 7.5% or more January through February, all three major indices have continued higher in March. The S&P – along with the Dow and Nasdaq – all gained an additional average of 2-4 percent, according to a CNBC analysis using Kensho. But several individual sectors have outperformed during those March periods. The top three were Financials, Consumer Discretionary and Consumer Staples.
Why stocks surging in January and February is a good sign for March Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: cnbccom staff
Keywords: news, cnbc, companies, sign, consumer, return, sectors, good, gained, periodsthe, using, surging, staples, nasdaq, stocks, sp, outperformed


Why stocks surging in January and February is a good sign for March

Through the first two months of this year, the S&P 500 gained more than 11%.

That’s its best return in three decades.

Since 1990, when the S&P has gained 7.5% or more January through February, all three major indices have continued higher in March.

The S&P – along with the Dow and Nasdaq – all gained an additional average of 2-4 percent, according to a CNBC analysis using Kensho.

But several individual sectors have outperformed during those March periods.

The top three were Financials, Consumer Discretionary and Consumer Staples.


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: cnbccom staff
Keywords: news, cnbc, companies, sign, consumer, return, sectors, good, gained, periodsthe, using, surging, staples, nasdaq, stocks, sp, outperformed


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Shares in China jump more than 2 percent after Trump announces delay in tariff increase

Shares in mainland China advanced in early trade following the positive developments. The Shenzhen composite also added 2.391 percent. Over in Hong Kong, the Hang Seng index rose 0.58 percent as shares of China Construction Bank gained more than 1 percent. In Japan, the Nikkei 225 advanced 0.71 percent and the Topix rose 0.79 percent in morning trade. Shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 0.5 percent.


Shares in mainland China advanced in early trade following the positive developments. The Shenzhen composite also added 2.391 percent. Over in Hong Kong, the Hang Seng index rose 0.58 percent as shares of China Construction Bank gained more than 1 percent. In Japan, the Nikkei 225 advanced 0.71 percent and the Topix rose 0.79 percent in morning trade. Shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 0.5 percent.
Shares in China jump more than 2 percent after Trump announces delay in tariff increase Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: eustance huang
Keywords: news, cnbc, companies, delay, trade, composite, jump, announces, morning, tariff, gained, shenzhen, higher, china, index, shares, rose, increase, trump


Shares in China jump more than 2 percent after Trump announces delay in tariff increase

Stocks in Asia traded higher on Monday morning amid trade optimism after U.S. President Donald Trump announced a postponement of a closely-watched deadline on March 1.

Shares in mainland China advanced in early trade following the positive developments. The Shanghai composite jumped 2.32 percent while the Shenzhen component gained 2.624 percent. The Shenzhen composite also added 2.391 percent.

Over in Hong Kong, the Hang Seng index rose 0.58 percent as shares of China Construction Bank gained more than 1 percent.

In Japan, the Nikkei 225 advanced 0.71 percent and the Topix rose 0.79 percent in morning trade. Shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 0.5 percent.

South Korea’s Kospi also added 0.11 percent, while Australia’s ASX 200 was 0.18 percent higher.

“As both Presidents said significant progress has been made, the chance for the US and China to reach a deal is getting higher,” OCBC Treasury Research said in a morning note. “However, the key to medium term stability hinges on two areas including agreement on China’s structural reforms and the enforcement of trade deals.”


Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: eustance huang
Keywords: news, cnbc, companies, delay, trade, composite, jump, announces, morning, tariff, gained, shenzhen, higher, china, index, shares, rose, increase, trump


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Stocks in Asia mixed as investors digest Fed minutes; Lenovo soars more than 12 percent

Stocks in Asia were mixed on Thursday following an earlier slip in the morning as traders digest a release from the Federal Reserve. Mainland Chinese shares saw losses on the day after a turbulent session which saw stocks swinging between positive and negative territory. The Shanghai composite slipped 0.34 percent to close at 2,751.80 while the Shenzhen component declined 0.256 percent to finish its trading day at 8,451.71. Elsewhere in Asia, Japan’s Nikkei 225 gained 0.15 percent to close at 21


Stocks in Asia were mixed on Thursday following an earlier slip in the morning as traders digest a release from the Federal Reserve. Mainland Chinese shares saw losses on the day after a turbulent session which saw stocks swinging between positive and negative territory. The Shanghai composite slipped 0.34 percent to close at 2,751.80 while the Shenzhen component declined 0.256 percent to finish its trading day at 8,451.71. Elsewhere in Asia, Japan’s Nikkei 225 gained 0.15 percent to close at 21
Stocks in Asia mixed as investors digest Fed minutes; Lenovo soars more than 12 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: eustance huang
Keywords: news, cnbc, companies, gained, strong, stocks, asia, 12, close, trading, shenzhen, day, digest, soars, slipped, shares, australia, mixed, fed, lenovo, minutes, investors


Stocks in Asia mixed as investors digest Fed minutes; Lenovo soars more than 12 percent

Stocks in Asia were mixed on Thursday following an earlier slip in the morning as traders digest a release from the Federal Reserve.

Mainland Chinese shares saw losses on the day after a turbulent session which saw stocks swinging between positive and negative territory. The Shanghai composite slipped 0.34 percent to close at 2,751.80 while the Shenzhen component declined 0.256 percent to finish its trading day at 8,451.71. The Shenzhen composite shed 0.269 percent to close at 1,444.35.

Hong Kong’s Hang Seng index rose around 0.3 percent in its final hour of trading.

Hong Kong-listed shares of computer maker Lenovo surged more than 12 percent after the company announced a return to profit in the third quarter, surpassing market expectations. Profit for the quarter was $233 million, versus a loss of $289 million in the same period a year earlier when the world’s largest personal computer maker by shipments took a one-off hit, following U.S. tax reform.

Elsewhere in Asia, Japan’s Nikkei 225 gained 0.15 percent to close at 21,464.23 while the Topix ended its trading day largely flat at 1,613.50. Shares of Japanese conglomerate Softbank Group, however, slipped 1.63 percent.

The Kospi in South Korea closed slightly lower at 2,228.66, with shares of Samsung Electronics rising 0.11 percent after the company unveiled its new series of Galaxy smartphones.

The ASX 200 in Australia rose 0.7 percent to close at 6,139.20 as the heavily weighted financial subindex added about 1.5 percent. Shares of the country’s so-called Big Four banks gained: Australia and New Zealand Banking Group advanced 1.83 percent, Commonwealth Bank of Australia added 2.01 percent, Westpac gained 1.32 percent and National Australia Bank edged up 0.69 percent.

The ongoing trade negotiations between the U.S. and China remain the “main focus” for markets and are likely to “provide the next catalyst for a strong move in sentiment,” Rakuten Securities Australia said in a morning note.

“Hopes that the US will extent the March 1 tariff deadline are growing and any confirmation of this should provide a relief rally across stocks and risk trades with implementation probably leading to a strong sell off,” they said.


Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: eustance huang
Keywords: news, cnbc, companies, gained, strong, stocks, asia, 12, close, trading, shenzhen, day, digest, soars, slipped, shares, australia, mixed, fed, lenovo, minutes, investors


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Stocks in Asia mostly higher; Japan jumps more than 2 percent

Stocks in major Asian stock markets closed higher on Tuesday, with stocks in Japan leading in the region. Japan’s Nikkei 225 jumped 2.61 percent to close at 20,864.21, while the Topix gained 2.16 percent to finish its trading day at 1,572.60. The Shenzhen component rose 1.149 percent to close at 8,010.07 while the Shenzhen composite advanced 1.203 percent to finish its trading day at 1,364.15. LG Electronics gained 3.75 percent. The ASX 200 in Australia recovered from its earlier dip to close 0.


Stocks in major Asian stock markets closed higher on Tuesday, with stocks in Japan leading in the region. Japan’s Nikkei 225 jumped 2.61 percent to close at 20,864.21, while the Topix gained 2.16 percent to finish its trading day at 1,572.60. The Shenzhen component rose 1.149 percent to close at 8,010.07 while the Shenzhen composite advanced 1.203 percent to finish its trading day at 1,364.15. LG Electronics gained 3.75 percent. The ASX 200 in Australia recovered from its earlier dip to close 0.
Stocks in Asia mostly higher; Japan jumps more than 2 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: eustance huang
Keywords: news, cnbc, companies, trading, gained, stocks, higher, day, asia, close, shares, japan, rose, jumps, advanced, electronics


Stocks in Asia mostly higher; Japan jumps more than 2 percent

Stocks in major Asian stock markets closed higher on Tuesday, with stocks in Japan leading in the region.

Japan’s Nikkei 225 jumped 2.61 percent to close at 20,864.21, while the Topix gained 2.16 percent to finish its trading day at 1,572.60. Shares of Fast Retailing rose 3.01 percent while chip company Renesas Electronics skyrocketed 16.26 percent.

Mainland Chinese markets were higher in the day. The Shenzhen component rose 1.149 percent to close at 8,010.07 while the Shenzhen composite advanced 1.203 percent to finish its trading day at 1,364.15. The Shanghai composite also went up 0.68 percent to close at 2,671.89.

Hong Kong’s Hang Seng index was largely flat, as of its final hour of trading.

South Korea’s Kospi gained 0.45 percent to close at 2,190.47, as shares of industry heavyweight Samsung Electronics and chipmaker SK Hynix jumped 2.33 percent and 2.43 percent, respectively. LG Electronics gained 3.75 percent.

The ASX 200 in Australia recovered from its earlier dip to close 0.3 percent higher at 6,079.10 as the sectors mostly rose. The energy subindex gained 1.22 percent as shares of oil companies advanced. Santos was up 1.89 percent, Woodside Petroleum advanced 0.58 percent and Beach Energy rose 2.11 percent.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: eustance huang
Keywords: news, cnbc, companies, trading, gained, stocks, higher, day, asia, close, shares, japan, rose, jumps, advanced, electronics


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Asia Markets: Trump’s State of the Union address in focus

Asia shares mostly rose Wednesday as investors digested U.S. President Donald Trump’s State of the Union address. In Japan, the Nikkei 225 gained 0.14 percent to close at 20,874.06 while the Topix index slipped 0.05 percent to 1,582.13. Still, the so-called Big Four banks in Australia stumbled followed gains in the previous session. The session in Asia followed gains on Wall Street overnight as other major markets in the region remained closed for public holidays. In his State of the Union addre


Asia shares mostly rose Wednesday as investors digested U.S. President Donald Trump’s State of the Union address. In Japan, the Nikkei 225 gained 0.14 percent to close at 20,874.06 while the Topix index slipped 0.05 percent to 1,582.13. Still, the so-called Big Four banks in Australia stumbled followed gains in the previous session. The session in Asia followed gains on Wall Street overnight as other major markets in the region remained closed for public holidays. In his State of the Union addre
Asia Markets: Trump’s State of the Union address in focus Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, gains, asia, trumps, state, shares, session, union, followed, countrys, focus, gained, address, markets, investigations, rose


Asia Markets: Trump's State of the Union address in focus

Asia shares mostly rose Wednesday as investors digested U.S. President Donald Trump’s State of the Union address.

In Japan, the Nikkei 225 gained 0.14 percent to close at 20,874.06 while the Topix index slipped 0.05 percent to 1,582.13.

Australian shares retraced early losses as the country’s benchmark ASX 200 rose 0.34 percent to close 6,026.1.

Still, the so-called Big Four banks in Australia stumbled followed gains in the previous session. Shares of ANZ were down 1.68 percent, Commonwealth Bank lost 1.36 percent, Westpac shed 1.24 percent and the National Australia Bank fell 1.4 percent. On Tuesday, banking stocks had gained after a special government-appointed inquiry into Australia’s financial sector did not recommend breaking up any of the banks or interfering in the way they lend money.

The session in Asia followed gains on Wall Street overnight as other major markets in the region remained closed for public holidays.

In his State of the Union address, Trump claimed the only things that can stop a strong U.S. economy “are foolish wars, politics or ridiculous partisan investigations.” He faces a slew of investigations from the new House Democratic majority and warned the party against coming probes into his policies and personal finances.

Trump also announced he will meet North Korean leader Kim Jong Un in Vietnam at the end of February as part of his administration’s efforts to roll back the country’s nuclear program.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, gains, asia, trumps, state, shares, session, union, followed, countrys, focus, gained, address, markets, investigations, rose


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