Asian Stocks

Asian Stocks Dip As Markets Weigh Fed Fears, China Stimulus Hopes

June 8, 2023

Most Asian stocks retreated on Thursday amid continued concerns over rising interest rates and slowing global economic growth, although optimism over more Chinese stimulus measures helped limit some losses. Chinese losses limited as state banks cut deposit rates China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes moved in a flat-to-low range, while Hong Kong’s […]

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Asian Stocks Edge Past Weak Economic Signals, Chinese Shares Lag

June 7, 2023

Most Asian stocks rose slightly on Wednesday as markets weighed worsening economic conditions in the region against the prospect of a pause in the Federal Reserve’s rate hike cycle this month. But China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes lagged their peers, reversing early gains after data showed the country’s trade surplus hit […]

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Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward

June 1, 2023

Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows. The U.S. House of Representatives voted in favor of a bill to suspend the debt ceiling late-Wednesday, pushing it forward to the Senate […]

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Asian Stocks Dip, Chinese Shares Hit 5-Mth Low As U.S. Ties Worsen

May 30, 2023

Most Asian stocks retreated on Tuesday as optimism over a deal to raise the U.S. debt ceiling was offset by fears of worsening ties between Beijing and Washington, amid renewed sparring between the two over trade and political sanctions. Chinese stocks were the worst performers for the day, with the Shanghai Shenzhen CSI 300 and […]

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Asian Stocks Rise, Nikkei At 33-Year High On Debt Ceiling Optimism

May 29, 2023

Most Asian stocks rose on Monday as markets cheered a tentative deal between U.S. lawmakers to hike the debt ceiling and avert a default, with Japan’s Nikkei racing back to near 33-year highs on improved risk appetite. The Nikkei 225 was the best performer in Asian markets, up 1.4% to its highest level since July […]

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Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag

May 26, 2023

Japanese stocks moved back towards a 33-year high on Friday, outpacing their Asian peers amid increased optimism over chipmaking stocks, while Chinese markets lagged as investors fretted over slowing economic growth and worsening U.S. ties. Broader Asian stocks also ticked lower in anticipation of more cues on the U.S. debt ceiling and a potential default. […]

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Asian stocks

Asian Stocks Slip On Weak Chinese Data, Fed jitters Persist

March 9, 2023

Most Asian stocks edged lower on Thursday as weaker-than-expected Chinese inflation data pointed to a sluggish economic recovery in the country, while fears of a more hawkish Federal Reserve continued to chip away at sentiment. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes fell 0.3% each after data showed consumer inflation grew substantially less […]

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ASIA FX

Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips

November 2, 2022

Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further […]

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Financial News

ASIA FX RISES ON WEAKENING DOLLAR, YUAN DIPS AS ZERO COVID PERSISTS

October 17, 2022

Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to maintaining its strict zero-COVID policy dented the yuan The Chinese currency fell 0.1%, coming close to breaching the 7.2 level against the dollar after President Xi Jinping said the country has no plans to […]

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Financial News

ASIA FX MOVES LITTLE IN ANTICIPATION OF RED-HOT U.S. INFLATION

October 13, 2022

Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key data that is expected to show U.S. CPI inflation stayed close to 40-year highs The Chinese yuan fell 0.1%, while the South Korean won lost 0.2%. The Japanese yen was little changed, but was close […]

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