Category: FinanceAsia
Coronavirus: China, Asia manufacturing recovery to be short-lived with 2020 growth set to grind to a halt
Any recovery in the manufacturing sector in China and the rest of Asia this year will be short lived as Asia-Pacific’s growth in 2020 is expected to grind to a halt [...]
» More
Asia-Pacific markets mixed as investors anxiously await China GDP data after US figures disappoint
Hong Kong declined while other Asia-Pacific stocks were mixed on Thursday as caution reigned after the US reported dismal retail, manufacturing and home building data. The [...]
» More
Asian markets down on virus impact fears
Asian markets fell on Thursday following overnight woes on Wall Street as more negative US economic data fuelled worries about the full impact of the coronavirus pandemic. [...]
» More
Asian stocks slide after weak US data add to global gloom
Asian stocks were mostly lower Thursday after unexpectedly weak US retail and other data added to gloom about the impact of the coronavirus pandemic. Benchmarks in Tokyo and [...]
» More
Asia markets lower despite Wall Street rally
Global stocks sank Wednesday as the coronavirus infects the global economic outlook, while oil prices slumped as OPEC-led output cuts were deemed insufficient to soak up a [...]
» More
Asian stocks sink after IMF says global economy will shrink
Asian stocks skidded Wednesday after the International Monetary Fund said the global economy will suffer its worst year since the Great Depression of the 1930s due to the [...]
» More
Asia shares consolidate, China cuts another interest rate
Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries [...]
» More
Asia markets subdued despite Wall Street rally
Asian equities were lower in Wednesday morning trade, bucking an overnight rally on Wall Street prompted by encouraging signs that US coronavirus infection rates were in [...]
» More
Asia markets slide as investors await key China data signalling its progress in digging out of coronavirus turmoil
Asia stocks declined Monday in guarded trading, as investors weighed a significant oil deal to reduce output and waited for key China data due later this week that will offer [...]
» More
Asia markets higher as China trade data beats forecasts
Asian markets posted gains on Tuesday as better than expected Chinese trade data suggested a rebound from the economic devastation wrought by the coronavirus pandemic. [...]
» More
Pandemic a ‘perfect storm’ for South Asia, World Bank says
South Asia is on course for its worst economic performance in 40 years, with decades of progress in the battle against poverty at risk, because of coronavirus, the World Bank [...]
» More
Asian shares fall, oil gains after OPEC plus strikes deal
Shares were mostly lower Monday in Asia while crude prices lost earlier gains that had come after OPEC and other oil producing nations agreed to cut output to reflect the [...]
» More
ADB announces $20 billion virus rescue package
The Asian Development Bank said Monday it will roll out a massive $20 billion package to help developing member nations weather the economic fallout from the coronavirus [...]
» More
Asia markets down as oil rallies on output cuts deal
Asia markets fell Monday with investors cautious on news of an international deal to shore up oil prices and tentative signs of progress in efforts to combat the coronavirus [...]
» More
Asian markets rise after Fed stimulus boosts Wall St
Asian markets were mixed in morning trade on Friday after the latest US coronavirus stimulus measures boosted Wall Street overnight. In its latest attempt to ease the [...]
» More
