Category: FinanceAsia
Asia stocks advance on surprise gain in Chinese manufacturing, global stimulus to stave off recession
Most Asia markets advanced Tuesday, as investors weighed a surprise expansion in Chinese manufacturing and global stimulus steps against the mounting human and economic toll [...] » More
Asia markets mostly up after Wall St rally but nerves remain
Stocks in Asia and Europe enjoyed gains Tuesday following another rally on Wall Street, while oil bounced and traders welcomed a surprise jump in Chinese factory [...] » More
Asia virus latest: Burma reports first death, China factory turnaround
Here are the latest developments in Asia related to the coronavirus pandemic: First confirmed death in Myanmar Myanmar reported its first coronavirus deatha 69-year-old man [...] » More
Asia shares edge up, China factories show flicker of life
Asian shares managed a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but shut [...] » More
Pandemic to hit growth in Asia, China – World Bank
The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update [...] » More
World Bank sees outbreak taking a big toll on Asia’s economy
The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing [...] » More
Asian markets mostly down as virus fears grow
Asian markets fell Monday following a steep drop on Wall Street as the jubilation from last week’s enormous US stimulus package faded and investors returned their [...] » More
Asia virus latest: Markets fall, Aussies in quarantine
Here are the latest developments in Asia related to the novel coronavirus pandemic: Markets resume sell-off Asian markets fell following a steep drop on Wall Street as the [...] » More
Asian shares advance after stimulus surge on Wall Street
Asian shares mostly tracked Wall Street’s advance on Friday in Asia in anticipation congressional approval of massive coronavirus relief for the US economy. Tokyo [...] » More
Asian markets mostly up, dollar sinks on stimulus pledges
Asian equities mostly rose and the dollar extended losses Friday, with traders buoyed by government and central bank pledges to prop up the global economy as the coronavirus [...] » More
Dollar climbs down as panic subsides, on course for biggest loss in decade
The dollar is on track for its biggest weekly fall in more than a decade on Friday as a series of stimulus steps around the world, including a $2.2 trillion US package, [...] » More
Asia stocks rise on bets of more stimulus as dollar rally fades
Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after US unemployment filings [...] » More
Asia markets mixed, with falls in Tokyo and HK, as traders weigh destruction of coronavirus pandemic
Hong Kong and most other Asia-Pacific stock markets fell Thursday, as jittery investors took profits after two days of run-ups and worries grew about the economic and human [...] » More
Asia markets mostly up after senate passes huge stimulus
Asian markets mostly rose Thursday as investors breathed a sigh of relief that US senators have finally passed a gargantuan stimulus package for the world’s top economy [...] » More
Asia markets surge as US agrees blockbuster stimulus package
Asian equities soared again Wednesday after US lawmakers finally agreed a mammoth stimulus package to support the world’s top economy against the impact of the [...] » More
