Category: FinanceAsia
Asean nations left ‘exposed’ by global minimum corporate tax seen forging closer ties with China
The global minimum corporate tax agreed upon by Group of 20 finance ministers this month is set to re-chart the course of international investment flows, creating new [...] » More
Asia subdued by slow vaccinations, eye on factory surveys
Asian share markets were in a muted mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant. A [...] » More
Asian shares dragged by vaccination lag, Wall St fares better
Asian share markets were in a mixed mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant. A [...] » More
EXCLUSIVE Chile copper giant Codelco plans India, SE Asia push to trim reliance on China
Chile state mining company Codelco, the world’s largest copper producer, will seek to quadruple sales in Southeast Asia by 2023 and push further into the Indian market [...] » More
Asian markets extend global rally as earnings trump virus worries
Asian markets rallied Thursday as worries about the Delta variant were overshadowed by more strong earnings reports that indicated companies were faring well as the global [...] » More
Asian markets mixed after Wall Street rally as Covid worries persist
Equity markets struggled to maintain early gains today and were mixed in later trade despite a strong rebound in New York, with optimism over the global economy and concerns [...] » More
Asian shares, US yields rise as investors reassess rout
Asian shares and US Treasury yields rose on Wednesday, clawing back some of the week’s losses as investors reassessed economic worries, but the dollar was firm on [...] » More
Asian shares, US yields rise as investors reassess rout
Asian shares and US Treasury yields rose on Wednesday, clawing back some of the week’s losses as investors reassessed economic worries, but the dollar was firm on [...] » More
ADB trims developing Asia’s 2021 economic growth forecast to 7.2pct
Developing Asia’s economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on Tuesday, citing the [...] » More
World shares mixed on worries virus may upend recoveries
European shares opened higher Tuesday after Asia tracked a retreat on Wall Street as investors grew jittery over the possibility that surging virus cases could stifle the [...] » More
Asian markets extend global retreat over Delta fears
Asian equities extended losses Tuesday following another rough day for global markets as the fast-spreading Covid Delta variant fuels concerns over the expected economic [...] » More
Vietnam pledges not to devalue currency in agreement with US Treasury
Vietnam has pledged not to deliberately weaken its dong currency to gain an export advantage, reaching an agreement with the US Treasury to refrain from “competitive [...] » More
Asian markets drop on fresh inflation, virus worries
Asian markets sank Monday following big losses on Wall Street as inflation and the spreading Delta coronavirus variant fuelled worries about the global recovery, while oil [...] » More
Amundi, Europe’s largest money manager, targets $600 billion in Asian assets under management by tapping Wealth Management Connect, ESG opportunities
Europe’s largest money manager is aiming to boost its Asian assets under management by 70 per cent to euro 500 billion (US$591 billion) by 2025, tapping opportunities [...] » More
S&P sees credit losses easing in Asia
Prospects for economic rebound in Asia Pacific, including the Philippines, are expected to support banks and their borrowers, resulting in lower credit losses, according to [...] » More
