Category: FinanceAsia
Asia shares step back, await China economic update
Asian share markets retreated from highs on Monday as disappointing news on US consumer spending tempered risk sentiment ahead of a closely-watched reading on the health of [...] » More
Asian markets struggle after Biden unveils huge stimulus plan
Stock markets struggled Friday as investors weighed mounting coronavirus concerns and President-elect Joe Biden’s proposed $1.9 trillion stimulus package appeared to [...] » More
Asian markets mixed after Biden unveils huge stimulus plan
Joe Biden’s $1.9 trillion stimulus proposal was met with a shrug in Asia Friday as observers said the massive spending spree had been largely factored into valuations, [...] » More
Asia shares inch up as US stimulus hopes boost sentiment
Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large US stimulus under President-elect Joe Biden shored up sentiment while oil prices [...] » More
Bullish bets on Asian FX trimmed as investors eye high US yields: Reuters poll
Investors scaled back long positions in Asian currencies as the outlook for emerging market debt soured after US yields shot up, a Reuters poll found, with bets almost halved [...] » More
Most markets rise in Asia with Biden stimulus plan in focus
Asian markets mostly enjoyed fresh gains Thursday as investors await Joe Biden’s proposals for a vast new stimulus as well as comments from the head of the Federal [...] » More
Asia Pacific property markets start recovery this year
Property markets in Asia Pacific are expected to start their recovery by the middle of the year, driven by investor appetite for assets with income stability. In a report, [...] » More
Grab raises $300 million for fintech arm’s ambitious expansion
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its [...] » More
Asian stocks mixed after Wall St rebounds from uncertainty
Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last [...] » More
Asia markets mostly up on stimulus hope, but traders still on edge
Equities mostly rose as investors struggled for traction in Asia on Wednesday following a tepid lead from Wall Street, with hopes for another vast US virus relief package [...] » More
Asian shares make cautious gains after choppy Wall Street session
Asian stocks opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while [...] » More
KKR Raises $3.9 Billion in Biggest Asia Infrastructure Fund
KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste [...] » More
Asian stocks swing as virus and unrest offset vaccine, stimulus
Asian markets fluctuated Tuesday as hopes for the rollout of coronavirus vaccines and a new stimulus out of Washington competed with fears over surging infections, new [...] » More
Freezing Weather in Asia Sends Energy Prices Soaring, Catching Markets Off Guard
China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a vessel headed to a northern port, yet freezing [...] » More
Asia shares mostly lower amid rising coronavirus cases, Washington turmoil
Asian stocks were mostly lower on Tuesday, tracking Wall Street declines as political turmoil in Washington and rising coronavirus cases worldwide weighed on sentiment ahead [...] » More
