Showing 1-10 of 37 results
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Asian currencies, stocks fall on SVB contagion fears
Reuters, Published on 14/03/2023
» SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.
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Asian markets join global rally, oil rebounds from plunge
Reuters, Published on 10/03/2022
» Asian equities rallied Thursday following a strong bounce on Wall Street and a breathtaking surge in Europe sparked by a plunge in oil prices and bargain-buying following a Ukraine-fuelled rout.
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Malaysian manufacturers fear heavy losses from floods
Reuters, Published on 20/12/2021
» KUALA LUMPUR: Malaysia's manufacturers association said on Monday that floods which cut off roads and led to mass evacuations over the weekend have likely resulted in heavy losses for firms in the affected areas.
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Japan-Australia venture starts producing hydrogen from dirty coal
Reuters, Published on 12/03/2021
» LOY YANG, Australia: A Japanese-Australian venture has begun producing hydrogen from brown coal in a A$500 million (US$390 million) pilot project that aims to show liquefied hydrogen can be produced commercially and exported safely overseas.
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Hong Kong economy hit deepest contraction on record in Q1
Reuters, Published on 04/05/2020
» HONG KONG: Hong Kong's economy recorded in the first quarter its deepest annual contraction since at least 1974, as the coronavirus pandemic dealt a heavy blow to business activity, already in decline following months of anti-government protest last year.
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Bank of Thailand cuts key rate by 25 bps in special meeting
Reuters, Published on 20/03/2020
» The Bank of Thailand cut its key interest rate by 25 basis points to a record low of 0.75% in a special meeting on Friday, it said in a statement.
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Many firms have no trade war contingency plans: DHL survey
Reuters, Published on 02/12/2019
» SHANGHAI: As the US-China trade war drags into its 16th month and continues to disrupt supply chains, more than one-quarter of multinational firms have not made contingency plans, showed a survey from a subsidiary of courier giant DHL.
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Central bank seen holding key rate despite flagging growth
Reuters, Published on 24/06/2019
» Thailand's central bank is expected to keep its benchmark policy rate steady on Wednesday for a fourth straight meeting, a Reuters poll showed, despite slowing growth and the way many Asian central banks have shifted toward easing policy.
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India central bank cuts rates by quarter point
Reuters, Published on 04/04/2019
» MUMBAI: India's central bank cut its benchmark interest rate by 25 basis points on Thursday, in a widely expected move to boost the economy, while keeping its monetary policy stance "neutral" despite subdued inflation.
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Asian stocks slump to 14-mth low on US-China trade row
Reuters, Published on 10/09/2018
» SYDNEY: A sell-off in Chinese shares pulled Asian equities to a 14-month trough on Monday as investors braced for a potentially damaging escalation in the Sino-US tariff row after US President Donald Trump raised the stakes in the dispute with Beijing.
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