Asian shares showed a mixed performance today (14 August) following several days of gains fuelled by expectations of lower US interest rates, while US futures slipped. Bitcoin surged over 3%, reaching a new record above $1,23,000, according to CoinDesk. In Tokyo, the Nikkei 225 fell 1.4% to 42,657.94 as investors booked profits after recent record […]
Read MoreFactory activity in many Asian economies shrank in June as US tariff uncertainty kept demand low, but signs of modest relief for manufacturers raise the stakes in trade talks with Washington amid the region’s gloomy economic recovery prospects. The underlying softness in private surveys released on Tuesday highlights the challenges facing policymakers as they try […]
Read MoreAsian stock markets opened the week with mixed performances after US shares closed at an all-time high, recovering from the impacts of President Donald Trump’s trade policies. Market sentiment improved after Canada scrapped its plan to impose a tax on US technology firms, prompting Trump to resume trade talks. US stock futures edged higher following […]
Read MoreBy Fanny Potkin, Xinghui Kok and Idrees Ali SINGAPORE, May 30 (Reuters) – French President Emmanuel Macron said on Friday that division between the two superpowers, the United States and China, is the main risk currently confronting the world as he emphasised the need for building new coalitions between Paris and partners in the Indo-Pacific. […]
Read MoreMarkets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year. A weeks-long rally in equities has petered out in the past few days on profit-taking and as central bank […]
Read MoreAsian markets diverged Friday as hopes for US interest rate cuts played up against profit-taking from another strong week and warnings from Federal Reserve officials that borrowing costs should be kept elevated for now. All three main indexes in New York as well as London, Paris and Frankfurt turned lower Thursday, having ended at record […]
Read MoreEquity markets were mixed Tuesday as investors cautiously awaited the release of US inflation data, aware that a big miss in either direction could have major implications for the Federal Reserve’s interest rate plans over the next few months. Wall Street’s three main bourses provided a tepid lead as traders in New York bided their […]
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