Category: FinanceAsia
Three major nations absent as China launches World Bank rival in Asia
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to [...]
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Australia keen on China-backed infrastructure bank
Australia on Wednesday said it was keen to join an Asian infrastructure lender seen as a counterweight to Western-backed international development banks, but said changes to [...]
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Asia stocks waver ahead of US jobs report
Asian stock markets wavered between gains and losses Thursday as investors awaited a US jobs report that might deliver a verdict on whether the Federal Reserve’s [...]
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Asian stocks mostly down, Tokyo sees late rally
Asian markets mostly fell Wednesday November 05 but Tokyo reversed early selling to add to the 10 percent rally since the Bank of Japan’s surprise monetary easing [...]
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Asia stocks lower after Europe growth downgraded
Asian stock markets mostly fell Wednesday as the slump in oil prices weighed on energy companies and lower growth estimates for Europe dampened sentiment. KEEPING SCORE: [...]
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Asian stocks mixed, Tokyo surges for 2nd session
Asian markets were mixed Tuesday November 04 following a soft lead from Wall Street, while Tokyo tacked on another huge set of gains after last week’s surprise monetary [...]
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Asian Airline Industry’s Woes Soar Underlining Warren Buffett’s Prediction
Most of the Asian airlines that made initial public offerings (IPO) during the last five years have lost money as their share prices plummeted, in line with renowned [...]
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Asia dips as Japan outperforms, dollar close to highs
Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone dampening the mood, although Japan bucked the trend and rose to new seven-year [...]
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Asian PMI: Most Countries Show Weakening Trend in Manufacturing, India and Vietnam See Uptrend
Markit’s manufacturing PMI for South Korea, Taiwan, Vietnam and Indonesia have declined while Chinese and Indian numbers edged higher in October, the research firm [...]
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Asian stocks take breather after last week’s surge
Asian markets were mixed Monday November 03 as traders took a breather after last week’s rally, but Shanghai hit a 21-month high on hopes of Chinese stimulus measures after [...]
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Asia Stocks Outside Japan Slip From Month High as Kospi Drops
A gauge of Asian stocks slipped from a one-month high, dragged down by declines in South Korea, as investors weighed earnings and awaited private manufacturing gauges for [...]
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US Blocks China Efforts to Promote Asia Trade Pact
The US has blocked China’s efforts to use a leaders’ summit to begin negotiations on a free-trade zone spanning the Pacific, people close to the matter said, as [...]
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Republican gains could aid Obama’s Asia trade pact
Big Republican gains on Election Day would be a blow to much of President Barack Obama’s agenda, but one stymied item on his to-do list might get a fresh chance to move [...]
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Central Banks Watch: ECB, BoE, RBA, Malaysia, Poland, Thailand and Romania to Set Rates, Poloz, Kuroda and Bernanke to Speak
After an eventful central bank month of October, the first week of November will see rate decisions in Eurozone, UK and Australia, while a long list of speakers will be led [...]
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Japan’s huge pension fund to boost share purchases
Japan’s $1.1 trillion public pension fund on Friday approved a plan to double its holdings of shares and cut back sharply on bonds to help improve investment returns [...]
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