Asian stock markets turned in a choppy Friday after Japan's central bank tightened monetary policy, but US President Donald Trump delivered relatively positive commentary regarding China at the World Economic Forum meeting in Switzerland.
Hong Kong's ... People's Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%. The offshore yuan strengthened modestly to 7.3345 against the greenback, while the onshore yuan traded at 7.323 per U.S. dollar. Japan's Nikkei ...
The return of billion-dollar IPO deals will whet the appetite of Wall Street bankers, who trailed Chinese rivals in Hong Kong last year as deal volume jumped. China Merchants Bank was credited ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed ... 50% of the firms listed on the Hong Kong Stock Exchange and accounted for about 66% of ...
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates. In Japan, Tokyo's stock market dropped and the yen rallied after the Bank of Japan lifted borrowing costs to their highest level since 2008 and flagged further increases in the pipeline.
Asian shares have advanced following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices rose and U.S. futures were little changed. Bank of Japan data
I upgraded my stock rating for the Singapore Exchange to a Buy due to the potential for valuation re-rating. SGX trades at a lower P/E multiple compared to peers like Hong Kong Exchanges and ...
US stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free, open-source artificial intelligence model to rival OpenAI's ChatGPT.
LIVE: Markets in India are likely to continue on a cautious note, while engaging in stock and sector specific activity in the face of multiple headwinds and continued FII selling
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.