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KUALA LUMPUR: Better late than never. The ringgit and the Philippine peso have clambered aboard the Asian currency rally, advancing against the dollar and spurring flows into equity markets.
NEW DELHI: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics.
NEW YORK: Active stock fund managers around the world are holding the lowest percentage of Apple Inc shares in their portfolios when compared to the iPhone maker's overall weighting in indexes, even as the shares hit record highs, according to a research note by investment bank UBS late Monday
NEW DELHI: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics
CARACAS (Reuters) - Venezuela's unpopular socialist President Nicolas Maduro announced on Monday the creation of a new popular assembly with the ability to re-write the constitution, which foes decried as a power-grab to stifle weeks of anti-government unrest.
BEIJING: China's steps to control capital outflows and lingering expectations of further yuan depreciation are likely to impede the pace of yuan internationalisation, which has lost momentum over the last two years, international ratings agency Fitch said.
PARIS (Reuters) - Centrist French presidential frontrunner Emmanuel Macron on Monday rejected calls from the left to amend the pro-business reforms in his electoral programme.
HAVANA (Reuters) - A protester waving a U.S. flag briefly disrupted May Day celebrations in Havana, running out in front of hundreds of thousands of Cubans set to march across Revolution Square before being tackled and carried away.