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Asian shares mostly declined Tuesday, with Tokyo down 2.2% as worries about heavily indebted Chinese real estate developers weighed on sentiment.
LONDON (Reuters) - JPMorgan is challenging British rivals on their home turf with the launch on Tuesday of its long-awaited digital retail bank, Chase, as part of what the U.S. lender hopes will be a global expansion.
NEW YORK: Investors unnerved by the fallout from heavily indebted Chinese real estate company Evergrande were gauging the potential for a wider shakeout after a selloff hit stocks around the world.
Stock markets in the Philippines, Thailand and Singapore tumbles as policy meetings in central banks set to take centrestage
Regional stock markets fell sharply in holiday-thinned trading, taking cues from broader Asian equities on Monday, with shares in the Philippines, Thailand and Singapore tumbling between 0.6% and 0.8%.
Shares fell nearly 4% in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai were closed for holidays.
SINGAPORE: Malaysia's ringgit was set for its biggest intraday drop since July in holiday-thinned trading on Monday and led losses among regional currencies as the U.S. dollar held firm at the start of a week set to be dominated by central bank reports.
KUALA LUMPUR: Maybank Investment Bank Research has raised its target price for Eco World Development (ECW) from 78 sen to 93 sen after its strong locked-in property sales and an expected recovery in sales after the lockdown is lifted.
MANY people, especially those in their later years, wonder why they don’t have as much money as they’d like.