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BUSINESS

Biggest currency rout since 1997 puts Asia central banks in bind

Published on 29/06/2022

» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.

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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

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BUSINESS

Online trading evangelist

Asia focus, Erich Parpart, Published on 12/06/2017

» It was quite a leap from a home-cleaning business to foreign-exchange trading, but Mario Singh has since channeled his curiosity and enthusiasm for the world of currencies into a rewarding career as a high-profile investor and educator. Now one of the prominent forex analysts and trading coaches in Southeast Asia, the founder of the online brokerage Fullerton Markets loves sharing his insights with others.

BUSINESS

Asian equities dip as Fed signals imminent rate hike

Business, Published on 27/02/2017

» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.

BUSINESS

Weakness in europe keeps global equities subdued

Business, Published on 31/10/2016

» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.

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BUSINESS

Global shares mixed, Set has worst week of year

Business, Published on 12/09/2016

» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.

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BUSINESS

Asian stocks mostly down

Published on 28/04/2015

» HONG KONG — Asian markets mostly fell Tuesday following losses on Wall Street, with Shanghai losing more than 1% a day after hitting a seven-year high.

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BUSINESS

Asian stocks down after weak US data

Published on 30/04/2015

» HONG KONG — Most Asian stock markets sank Thursday after US growth data fell well short of forecasts, with the dollar around two-month lows against the euro as the chances of an interest rate hike in early summer faded.

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BUSINESS

Hope in greece and Ukraine helps lift global stocks

Business, Published on 16/02/2015

» Recap: Global bourses early last week were jolted by nerves over Greece's finances, and downbeat Chinese trade data, but rebounded later on a peace agreement in Ukraine and European Central Bank approval of more emergency liquidity to Greece. The Thai stock market also rose slightly.

BUSINESS

Asian shares mixed after Japan data

Published on 30/01/2015

» HONG KONG — Asian stock markets were mixed Friday, with Tokyo's main index rising after Japanese traders shrugged off data showing inflation slowing in December and household spending falling.