Category: FinanceAsia
Asian shares track Wall Street retreat; big banks tumble
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Shares declined in Hong Kong, Seoul, Sydney and Shanghai [...] » More
Asian markets track US, Europe rout as restrictions return
Asian markets extended the previous day’s losses following another rout in New York and Europe as governments impose new containment measures to fight off a second wave [...] » More
EHR attracts high profile diamond industry executive to join Board
EHR Resources Ltd (ASX: EHX; “EHR” or “the Company”) is pleased to announce the appointment of leading diamond industry executive Mr Kim Truter as a Non-Executive [...] » More
Asian stocks fall on concerns about fresh lockdowns, banking sector
Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt [...] » More
Banking shares plummet on laundering allegations
Shares in major banks such as HSBC, Deutsche Bank and ING were hammered Monday following allegations they had handled huge sums of dirty money for almost 20 years. An [...] » More
Asian markets lower after Wall St declines for third week
Asian stock markets were lower Monday after Wall Street declined for a third straight week and Britain reported a rise in coronavirus infections. Benchmarks in Shanghai, Hong [...] » More
Southeast Asia’s East Ventures on female VCs, foreign investment, consolidation
Melisa Irene’s path to becoming a partner at one of Southeast Asia’s most esteemed venture capital firms is an unconventional one. “I always consider myself [...] » More
Equity markets mixed as stimulus row dents optimism
Asian and European markets were mixed Friday but investors are struggling to reignite the rally that has characterised much of the past six months, owing to a stuttering [...] » More
Asia stocks slip as Fed warns of ‘uncertain’ outlook
Asian markets mostly dropped Thursday following a broadly negative lead from Wall Street after the head of the Federal Reserve warned of an “uncertain” outlook [...] » More
DECMIL WINS $41 MILLION IRON BRIDGE CONTRACT
* Contract for construction of non-mining process infrastructure works * Pivots Decmil to secure additional works in buoyant iron ore sector Decmil Group Limited (ASX: DCG) [...] » More
Asian shares mostly higher after Wall Street gains
Shares retreated in Asia on Wednesday ahead of the Federal Reserve’s policy announcement. Benchmarks rose modestly in Tokyo and jumped in Sydney, but fell back in Hong [...] » More
Asian markets edge higher with eyes on Fed policy meeting
Asian stocks edged up Wednesday but investors trod a cautious path following a broadly positive start to the week, with focus on the outcome of the Federal Reserve’s [...] » More
Global Markets: Asian stocks cheer upbeat data but temper appetite ahead of Fed
Most Asian shares rose on Wednesday, extending a rally driven by upbeat Chinese and US economic data, but the dollar, US yields and gold held steady as investors awaited the [...] » More
Virus restrictions threaten Asia economic recovery in 2021: ADB
Coronavirus-ravaged economies across the Asia Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast Tuesday, but it warned [...] » More
Coronavirus could push 160 million more into poverty across Asia, ADB warns
The coronavirus pandemic and the containment measures required to combat it will push millions of people in Asia into absolute poverty and widen inequality within industries [...] » More
