Category: FinanceAsiaSubscribe via RSS Feed

Asia ready for Fed hike, anxious on rate outlook

15-Dec-2016 Intellasia | Reuters | 6:00 AM

Asia shares crept cautiously higher on Wednesday while a hush settled on the US dollar as investors felt certain the Federal Reserve would raise rates for the first time in a [...]
» More

Trump May Have Wrong Asian Currency in His Crosshairs

14-Dec-2016 Intellasia | Bloomberg | 6:00 AM

“The case for naming Taiwan a currency manipulator is far stronger than the case for naming China,” said Brad Setser, a senior fellow at the Council on Foreign [...]
» More

Asian banks provide 800 million euros in loans to Russia’s Gazprom

14-Dec-2016 Intellasia | Reuters | 6:00 AM

Japan’s Mizuho Bank, Sumitomo Mitsui Banking Corp and JPMorgan Chase & Co have provided 800 million euros ($848 million) in loans to Gazprom, the Russian gas giant [...]
» More

Asian stocks mixed following Wall Street losses

14-Dec-2016 Intellasia | AP | 6:00 AM

Asian stocks were mixed Tuesday following Wall Street’s declines while oil prices eased after two days of strong gains. KEEPING SCORE: The Shanghai Composite Index fell [...]
» More

Asian shares, dollar wobble as investors brace for Fed outcome

14-Dec-2016 Intellasia | Reuters | 6:00 AM

Asian shares and the dollar were on tenterhooks on Tuesday as the Federal Reserve prepared to review rates later in the day, with financial markets focused on how the Fed [...]
» More

ADB trims growth forecast for Asia due to slowdown in India

14-Dec-2016 Intellasia | AP | 6:00 AM

The Asian Development Bank on Tuesday trimmed its economic growth forecast this year for developing Asia to 5.6 percent. The revision was slightly below the previous [...]
» More

Fitch: Asean Banks’ Challenges Persist, Weighing on 2017 Outlook

14-Dec-2016 Intellasia | Reuters | 6:00 AM

Most of Asean’s banking sectors are likely to face weak loan demand and further pressure on asset quality in 2017. Fitch Ratings has maintained its negative banking [...]
» More

Asia energy firms rally with oil after output cut deal

13-Dec-2016 Intellasia | AFP | 6:00 AM

Energy firms in Asia surged with rocketing oil prices on Monday after 11 non-OPEC countries agreed to huge cuts in crude production, while Saudi Arabia also signalled a [...]
» More

Asian shares edge down, but on track for weekly gains

10-Dec-2016 Intellasia | Reuters | 6:00 AM

Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central [...]
» More

Asian shares meander as ECB-inspired rally fades

10-Dec-2016 Intellasia | AP | 6:00 AM

Asian shares meandered Friday as an overnight rally in US markets helped by the European Central Bank’s decision to extend its bond-buying economic stimulus programme [...]
» More

East Asian stocks set for better 2017 if Trump thump turns into Trump bump

09-Dec-2016 Intellasia | Reuters | 6:00 AM

East Asian stocks are expected to have a better run next year, provided US equities perform well on US President-elect Donald Trump’s tax cut plans and investors [...]
» More

Asia shares hit 1-month peak, bonds bet on ECB support

09-Dec-2016 Intellasia | Reuters | 6:00 AM

Asian shares hopped higher on Thursday after Wall Street strode to new records and bonds rallied on wagers the European Central Bank would extend its asset buying campaign at [...]
» More

Asian stocks advance ahead of ECB decision

09-Dec-2016 Intellasia | AP | 6:00 AM

Asian shares rose on Thursday after an overnight surge on US markets. Investors were focused the European Central Bank’s meeting later in the day. KEEPING SCORE: [...]
» More

Asia markets build on global rally with ECB in focus

09-Dec-2016 Intellasia | AP | 6:00 AM

A global stocks rally extended into Asia on Thursday, with investors betting the European Central Bank will prolong its stimulus programme, while the positive mood helped [...]
» More

Vietnam Warns of Return of Protectionism as TPP Hopes Fade

09-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Vietnam prime minister Nguyen Xuan Phuc warned of the risk of returning protectionism as Southeast Asian nations brace for potentially tighter trade controls in the US [...]
» More