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HKEX said to be eyeing tech assets in new strategy

THE owner of Hong Kong’s stock exchange, after years of pinning its growth plans to the city’s tighter integration with China, is changing tack and eyeing technology acquisitions, people with knowledge of the matter said.

Asia's emergency cash buffer remains intact if needed

HONG KONG: Asia’s economies can handle rising interest rates and a limited U.S.-China trade war, according to simulations run by researchers with Asia’s $240 billion collective liquidity buffer, set up in the aftermath of the region’s financial crisis two decades ago.

Asian currencies edge up as markets reassess trade war disruptions

BENGALURU: Asian currencies strengthened for the third consecutive day on Friday, supported by a weaker dollar and shifting views over how much damage the Sino-U.S. trade war will inflict on global demand and export-reliant regional economies.

Local equity extends gains on mounting optimism

KUALA LUMPUR: Bursa Malaysia extended its gains in a broad-based rally as confidence grew that countermeasures to cushion the impact of the trade war would offset the negatives.

Goldman backs commodities as investors shrug off trade war shots

SINGAPORE: Commodity bull Goldman Sachs Group Inc. says raw materials are poised to gain into the end of the year as investors have now become used to trade-war tensions, growth in major economies remains strong, and consumers who’d put off purchases in recent months start buying again.

Asian stocks extend recovery as trade worries take back seat

TOKYO: Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new all-time high, while the dollar slipped as investors viewed Beijing's and Washington's fresh exchange of import tariffs as less harmful than initially feared.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade, extending the recovery from its 14-month low hit on Sept. 12 to 3.6 percent.  Japan's Nikkei rose 0.5 percent, hitting an eight-month high.  On Wall Street, trade-sensitive industrial stocks led the gains on Thursday. The Dow Jones Industrial Average rose 0.95 percent while the S&P 500 gained 0.78 percent, both hitting record highs.

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