Category: FinanceAsia
Asia pares losses on bargain-buying but inflation fears remain
Bargain-buying helped most Asian markets recover some of this week’s steep losses, with investors tracking a rally on Wall Street and taking heart from a [...] » More
Stocks rebound as Fed officials calm inflation fears
Japanese shares led a rebound in Asian markets on Friday, building on the lead from investors on Wall Street snapping up stocks that would benefit most from an economic [...] » More
New generation of digital banks bets on minority markets
After a doctor’s visit, three court appearances, five trips to the bank and having her name and address published in a newspaper, Billie Simmons finally got a debit [...] » More
Bitcoin ticks back in Asia after Musk tweet sent price down 17pct
Bitcoin rebounded to about $50,000 in Asian trading on Thursday after plunging as much as 17 percent after Elon Musk tweeted Tesla Inc (TSLA.O) had stopped accepting bitcoin [...] » More
Asia shares spooked by US inflation scare, hope for Fed calm
Asian shares slipped to seven-week lows on Thursday after a dismaying rise in US inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve [...] » More
Inflation anxiety jolts stocks, Asia tumbles to two-month lows
An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States [...] » More
Asia shares wallow near one-month lows on inflation anxiety
Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to [...] » More
Markets tumble in Asia as inflation fears haunt trading floors
Equity markets tumbled in Asian trade Tuesday following steep losses on Wall Street as investors grow increasingly worried about a surge in inflation that could force central [...] » More
Asia shares fall on worries over inflation, Fed outlook
Asian shares declined in early trade on Tuesday as Wall Street retreated on worries about accelerating inflation, prompting investors to cut back on their exposure to [...] » More
Asian shares jump on hopes for low rates, oil up on cyber attack
Stocks rose on Monday amid speculation that interest rates will remain low due to receding inflationary pressure, while oil and gas prices jumped after a cyber attack on a [...] » More
Asian Development Bank proposes ending financing for coal plants
The Asian Development Bank will stop financing new coal power plants under a draft energy policy released Friday that was cautiously welcomed by environmental groups. The [...] » More
Asia’s 50 Best Bars 2021: HK’s Coa beats out Singapore’s Jigger & Pony
Singapore undoubtedly has one of the best cocktail scenes in Asia, evidenced by just how many Singapore bars are featured in Asia’s 50 Best Bars every year. Being an [...] » More
Copper jumps to record as growth bets supercharge commodities
Copper soared to an all-time high as optimism about a global rebound from the pandemic spurs a surge across commodities markets. The metal an economic bellwether is front and [...] » More
Credit Suisse boosts Asia hiring to tap fast growing markets
Credit Suisse Group AG has boosted its headcount by more than 100 across Asia-Pacific this year as the Swiss lender seeks to increase the share of revenue it draws from the [...] » More
Most Asian markets lifted by recovery optimism
Most markets rose in Asia on Thursday as investors welcomed a strong jobs report from the United States that reinforced optimism that the world’s top economy is well on [...] » More
