Category: FinanceAsia
Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat
Asian stocks gained across the board on Monday as fears that Britain would vote to leave the European Union abated a little, aiding a recovery in both sterling and investor [...]
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Asia stocks gain as Brexit fears ebb slightly, pound surges
Asian stocks gained early on Monday as rising expectations of Britain voting to remain in the European Union lifted risk sentiment and the pound jumped against its peers. [...]
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Asia stocks up as Britain leans towards EU remain
Asia stocks were largely up Monday, building on gains at the end of last week as polls suggest Britain’s upcoming referendum vote will result in the country staying in [...]
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Asia-N.Europe container freight rates down 17.9 pct – source
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.8 percent to $540 per 20-foot container (TEU) in the week ended on Friday, a [...]
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Asian buyers play role in overheated Canada housing market: Trudeau
An influx of capital from Asia is partly to blame for soaring housing prices in Vancouver and Toronto, Canadian prime minister Justin Trudeau said Friday. “We know that [...]
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Asian millers face tight feed grain supply as rain disrupts Argentina exports
Asian millers that churn out animal feed are expected to face a squeeze in supplies of key ingredients corn and soymeal in coming weeks as heavy rains disrupt shipments from [...]
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The Rally in Asian Currencies Won’t Last the Year, Say Strategists
The rally in Asian currencies from January’s seven-year low hasn’t convinced strategists that this newfound strength can last. Every currency in the region will [...]
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Asian shares face weekly losses, sterling steadies as Brexit risk seen ebbing
Asian shares rose on Friday but were set for weekly losses as investors favoured safe haven assets because of fears that Britain will vote to quit the European Union, though [...]
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British pound gains more than 0.5 pct vs dollar in early Asian trade
The British pound rose more than 0.5 percent against the dollar to as high as $1.4295 in early Asian trade on Friday, extending a rebound from two-month lows touched the [...]
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Asia stocks rally after sharp losses, yen retreats
Asian stocks rose Friday after the previous day’s sell-off and a rebound on Wall Street, while the killing of a lawmaker forced a suspension of campaigning for [...]
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Asian Shares Rebound With European Futures as Brexit Risk Abates
Asian stocks rose with European equity index futures and the pound strengthened after the murder of a UK lawmaker prompted speculation Britons will be less inclined to vote [...]
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Asian markets lower as BOJ stands pat; yen jumps vs dollar
Asian markets were mostly lower Thursday and Tokyo’s benchmark dropped as the yen surged against the US dollar after the Bank of Japan chose to keep its monetary easing [...]
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Asia stocks down, yen surges after BOJ refrains from offering more stimulus
Asian stocks turned lower on Thursday and the yen surged after the Bank of Japan refrained from taking further stimulus steps, hours after the Federal Reserve’s own [...]
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Asian stocks uneven as Fed rate decision looms
Asian stock markets were uneven Wednesday as investors awaited a Fed interest rate decision while the yuan sank after index compiler MSCI declined to include Chinese stocks [...]
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Asia markets rise but Britain’s EU vote casts a cloud
Most Asian markets rose Wednesday after a succession of losses but fears Britain will leave the European Union are keeping traders on edge, while Shanghai soared despite [...]
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