Category: FinanceAsia
Asian shares advance after stimulus surge on Wall Street
Asian shares mostly tracked Wall Street’s advance on Friday in Asia in anticipation congressional approval of massive coronavirus relief for the US economy. Tokyo [...]
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Asian markets mostly up, dollar sinks on stimulus pledges
Asian equities mostly rose and the dollar extended losses Friday, with traders buoyed by government and central bank pledges to prop up the global economy as the coronavirus [...]
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Dollar climbs down as panic subsides, on course for biggest loss in decade
The dollar is on track for its biggest weekly fall in more than a decade on Friday as a series of stimulus steps around the world, including a $2.2 trillion US package, [...]
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Asia stocks rise on bets of more stimulus as dollar rally fades
Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after US unemployment filings [...]
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Asia markets mixed, with falls in Tokyo and HK, as traders weigh destruction of coronavirus pandemic
Hong Kong and most other Asia-Pacific stock markets fell Thursday, as jittery investors took profits after two days of run-ups and worries grew about the economic and human [...]
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Asia markets mostly up after senate passes huge stimulus
Asian markets mostly rose Thursday as investors breathed a sigh of relief that US senators have finally passed a gargantuan stimulus package for the world’s top economy [...]
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Asia markets surge as US agrees blockbuster stimulus package
Asian equities soared again Wednesday after US lawmakers finally agreed a mammoth stimulus package to support the world’s top economy against the impact of the [...]
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Asian Shares Soar, US Markets Rebound as White House, Senate Strike Deal on Coronavirus Stimulus Bill
The major Asia-Pacific stock indexes are trading higher on Wednesday, chasing yesterday’s spectacular gains on Wall Street, as investors awaited the announcement of a [...]
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Asia markets rally as Fed unveils ‘game changer’ support measures
Asian markets and crude prices surged while the dollar sank Tuesday after the Federal Reserve unveiled an unprecedented bond-buying programme to support the US economy. While [...]
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Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy
Asia-Pacific stocks rallied on Tuesday after the US Federal Reserve launched unlimited bond buying and took other steps while the US Congress appeared closer to a deal on a [...]
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Asian stocks rise after US Fed promises economic support
Asian stock markets gained Tuesday after the US Federal Reserve promised support to the struggling economy as Congress delayed action on a $2 trillion coronavirus aid [...]
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As Wall Street empties, Asia’s bankers slowly head to work
Simon Kavanagh never thought he’d be so happy to go to work. The investment banker rode the elevator to the 20th floor of his office on Queen’s Road Central in [...]
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Asian markets sink as pandemic deaths soar
Asian markets were mostly in the red in early trade Monday despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the [...]
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Asian shares, US futures sink as virus crisis deepens
US futures dropped more than 4 percent and Australia’s share benchmark initially plunged 8.5 percent as work on more stimulus for the US economy hit snags in the US [...]
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Asian stocks rise after Wall Street advance on aid hopes
Asian stock markets rose Friday after Wall Street gained on hopes government and central bank action can shield the world economy from a looming recession caused by the [...]
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