Category: FinanceAsia
Asian markets mostly up but killer virus fuels new SARS fears
Asian investors shifted cautiously Wednesday after the previous day’s sharp losses but they remained on edge after a deadly virus from China was confirmed to have [...]
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Asian shares higher after selloffs spurred by Chinese virus
Shares were mostly higher in Asia on Wednesday after US stocks tumbled overnight as a virus outbreak in China rattled global markets. Japan’s Nikkei 225 index climbed [...]
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Asia ramps up defence against coronavirus
Asia stepped up its defences Tuesday against a new SARS-like virus, introducing mandatory screenings at airports of arrivals from high-risk areas of China as authorities move [...]
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As China seeks to spark night economy, on-demand chauffeurs for drunk drivers see surge
It was freezing and the streets were slick as substitute driver Liu Pengfei bade farewell to his mother, wife and son before riding into Beijing on his tiny scooter. Liu, 33, [...]
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Rupiah could take baht’s crown as Asia’s strongest currency in 2020
The Thai baht was Asia’s best-performing currency by a country mile last year. This year’s winner looks to have been already decided: the Indonesian rupiah. The [...]
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Asian markets mixed after recent gains but mood remains upbeat
Most Asian markets were mixed Monday as investors took a step back after last week’s rally, though the mood remains upbeat after the China-US trade pact was signed, and [...]
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UBS restructures Asia wealth unit with Khan making his mark
UBS Group AG is revamping its wealth management business in Asia as the Swiss bank implements a sweeping global shakeup driven by new wealth co-head, Iqbal Khan. LH Koh, head [...]
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Asian shares firm as China’s GDP raises hopes of recovery
Asian shares rose on Friday after global stock indexes and Wall Street posted more records, and as China’s economic growth matched expectations in spite of US trade [...]
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Buoyant mood, upbeat data help Asia stocks to further gains
Asian equities mostly rose Friday as investors, still buoyed by the China-US trade deal, turned their focus on earnings season and the global outlook, while they were also [...]
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Asian markets rise as China, US finally put pen to paper on deal
Asian markets rose early Thursday as details were released of the China-US trade deal signed in Washington, with analysts saying it would allow investors to turn their focus [...]
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Asia trades lower as investors await signing of US China trade truce
Market sentiment dragged in Asia on Wednesday ahead of the US and China signing a phase one trade deal. The Nikkei 225 in Japan fell 0.45 percent to 23,916.58 while the Topix [...]
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Asian markets retreat as US, China prepare to sign trade pact
Asian markets mostly fell on Wednesday as investors took their foot off the pedal following weeks of gains, with focus on the signing later in the day of the China-US trade [...]
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Most Asian markets, yuan boosted by easing China-US tensions
Asia equities extended a global rally on Tuesday, with the US decision to no longer designate China a currency manipulator a further sign of easing tensions between the [...]
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Global markets subdued ahead of US-China trade pact signing
Global stock markets were subdued Monday ahead of the signing of an interim US-Chinese trade pact and as concerns about US-Iranian tensions eased. Indexes in Europe were [...]
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Asian shares rise ahead of US-China ‘Phase 1′ trade deal
Asian shares mostly followed Wall Street higher on Tuesday amid optimism that a trade deal between the US and China will be a boon for the regional economy. Japan’s [...]
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