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Democrat Senate win drives stocks higher, bonds lower
SINGAPORE: Bonds nursed losses while stocks and commodities gained on Thursday in anticipation of a big borrowing and big spending Democrat administration driving growth, following runoff elections that gave the party control of U.S. Congress.
N.Korea prepares for major party congress amid growing challenges
SEOUL (Reuters): North Korean leader Kim Jong-un will convene a rare congress of the ruling party in early January, where he will seek to rally public support and outline new long-term economic and political goals in the face of unprecedented challenges.
Dollar slumps as bears shrug off US stimulus delay
TOKYO: The dollar slumped to multi-year lows against many currencies on Wednesday as currency traders looked past a new delay in U.S. stimulus cheques and maintained bets additional financial aid was still likely.
N.Korea prepares for major party congress amid growing challenges
SEOUL (Reuters) - North Korean leader Kim Jong Un will convene a rare congress of the ruling party in early January, where he will seek to rally public support and outline new long-term economic and political goals in the face of unprecedented challenges.
Asian shares rise as vaccine hopes inject relief and US data
SHANGHAI, Nov 23 (Reuters): Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh US stimulus.
China’s yuan closes domestic session at 28-month high
SHANGHAI: The yuan closed domestic trading at a more than 28-month high against a softer dollar on Monday, as investors welcomed Joe Biden’s election as US president and sentiment improved on hopes that a calmer White House could boost world commerce.
Ringgit firmer ahead of US election result
KUALA LUMPUR: The ringgit opened firmer against the US dollar today as the greenback retreated ahead of the US presidential election outcome, an analyst said.
Asian shares slip after Wall Street's worst day in a month
HONG KONG, Oct 27 (AP): Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for US economic stimulus gave Wall Street its worst day in a month.
Yuan off 27-month high on talk Beijing getting uneasy over recent surge
SHANGHAI: The Chinese yuan retreated from a 27-month high on Thursday as a weaker-than-expected official fixing and the approval of fresh outbound investment quotas suggested authorities have become increasingly wary over the recent rapid gains in the currency.