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BEIJING (AP): Asian stock markets followed Wall Street higher on Friday after US regulators removed some limits on banks' ability to make investments.
RETAIL investors are filling the void left by institutions in Singapore’s equities market this year, Singapore Exchange Ltd. data show.
TOKYO: Bank of Japan (BOJ) Governor Haruhiko Kuroda said second-round effects of the coronavirus pandemic could hurt the Japanese economy "considerably", signalling the bank's readiness to ramp up stimulus measures again to cushion any blow from the crisis.
HONG KONG: Three months ago, Arjun Vij couldn’t wait to sell all his junk bonds. Now he can’t get enough of them.
SINGAPORE/NEW YORK: Asia's stock markets slipped, bonds rose and the U.S. dollar was firm on Thursday as surging U.S. coronavirus cases, global trade tensions and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery.
KUALA LUMPUR: The Asian Development Bank believes more needs to be done to strengthen the emerging East Asia’s economies and financial markets following the coronavirus Covid-19 pandemic.
NEW YORK: Rising concerns about a surge in coronavirus infections sent global equities and oil prices lower on Wednesday and pushed investors into perceived safe havens such U.S. Treasuries and gold, which hovered near its highest level in eight years
EMERGING markets have breathed a sigh of relief at the easing of the dollar-funding shock that accompanied Covid-19, but the respite may be temporary as the post-pandemic landscape looks more unfriendly than ever before for developing economies.
TOKYO (AP): Asian shares were mixed Wednesday (June 24) following another rally on Wall Street, tempered by fears over surging coronavirus cases in various parts of the world.