Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment from the government to boost spending and support economic growth also aided sentiment. The Shanghai Shenzhen CSI 300 index rose 1.3%, while the Shanghai Composite index added 0.6%, with most sectors trading positively. Automobile and […]
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed on sentiment, while the Japanese yen gained on bets that the Bank of Japan (BoJ) could eventually tighten policy amid rising inflationary pressures. The yen rose 0.4% to 136.18 against the dollar after a report […]
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more
Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate hikes saw the dollar sink to an over five-month low. The yuan was the best performer for the day, rising 0.9% to 6.9628- its strongest level against the dollar since mid-September. […]
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual Read more
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more
Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more
