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Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Asian shares fall as rate-hike bets increase
Business, Published on 08/07/2023
» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.
Shares rise on hopes for stimulus in China
Business, Published on 01/07/2023
» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.
Horns of a dilemma
Business, Post Reporters, Published on 26/06/2023
» With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.
Rough week for equities as central banks talk tough
Business, Published on 24/06/2023
» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
Chinese imports of Russian oil at post-invasion high
AFP, Published on 20/06/2023
» BEIJING: Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.
Asian equities gain on hopes for Fed pause
Business, Published on 10/06/2023
» RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.
Investors cheer end of US debt drama
Business, Published on 05/06/2023
» RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.
China Eastern launches new homegrown narrow-body jet
Published on 28/05/2023
» BEIJING/SHANGHAI: China Eastern Airlines on Sunday sent the country's narrow-body jet C919 on its first commercial flight, marking the homegrown plane's entry into passenger service and a milestone for China's efforts to become more self-reliant.
Asian investors hold breath amid US debt drama
Business, Nuntawun Polkuamdee, Published on 27/05/2023
» RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.