Category: FinanceAsia
Asian markets rise as Fed boss takes centre stage
Asian markets mostly rose Wednesday after two days of losses with investors focusing on congressional testimony by Federal Reserve boss Jerome Powell. Fed officials have [...]
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Global shares mostly retreat ahead of Fed statement
Global stock markets were mostly lower Tuesday as investors looked for signs of how far the US Federal Reserve might cut interest rates after upbeat economic data in recent [...]
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Most Asian markets in retreat as eyes turn to Federal Reserve
European stock markets retreated on Tuesday, with the biggest declines in share prices seen in Frankfurt following a profit-warning from German chemicals giant BASF. Asian [...]
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Asian stocks sink after US jobs data hurt hopes of rate cut
Asian stocks tumbled Monday after unexpectedly strong US employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, South [...]
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Asian markets hit as US jobs data dent hopes for big rate cut
Asian markets retreated Monday and the dollar held gains after a blockbuster US jobs report dashed hopes that the Federal Reserve would slash interest rates this month. [...]
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Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin
Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the biggest overhauls at an [...]
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Asia fuel oil premiums surge to record as global sulphur shift looms
* Premiums rise amid record market backwardation * Companies trying to cut HSFO stockpiles ahead of ship fuel change in 2020 * Market tightness to remain until end of year [...]
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Asian markets down as dealers bide time ahead of jobs report
Asian markets fluctuated Friday as investors steeled themselves for the release of a crucial US jobs report that could have a major bearing on the size of an expected Federal [...]
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Asian stocks fall ahead of monthly employment data in US
Asian stocks fell Friday as investors waited for American employment data and details of US-Chinese trade talks. Benchmarks in Shanghai, Tokyo and Hong Kong fell while [...]
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Asian markets mostly up after Wall St record, focus on US jobs
Asian markets mostly rose Thursday, tracking a record performance on Wall Street, as investors turned their focus to the upcoming release of US jobs data while hoping for a [...]
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Asian shares mixed after US benchmarks hit record highs
Shares were mixed in Asia on Thursday after major US indexes hit fresh record highs, buoyed by the easing of trade tensions between the US and China. The detente reached by [...]
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Asian shares mostly lower after fresh S&P 500 record high
Shares were mostly lower in Asia on Wednesday as the euphoria from President Donald Trump’s truce with China’s Xi Jinping on trade faded. The retreat followed yet [...]
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Asian markets stutter after rally, HK brushes off protests
Asian investors took a breather Tuesday as the previous day’s gains fuelled by the resumption of China-US trade talks were offset by worries about the global economic [...]
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Asian markets surge on Trump-Xi breakthrough, oil rallies
Asian markets surged Monday after Donald Trump and Xi Jinping agreed to restart trade talks, reviving hopes of an end to their tariff war, while oil prices also rallied on [...]
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The popularity of online loans has not increased in Singapore
The demand for online loans in Singapore is significantly lower than in other countries of Southeast Asia, as reported by a recent study of the international alternative [...]
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