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BEIJING: China’s foreign exchange (forex) regulator highlighted specific measures to further promote two-way opening-up of the financial market, mainly through steadily freeing up cross-border capital flows and improving the yuan exchange rate regime.
The stronger-than-expected U.S. economic rebound from coronavirus lows could set up an early test for the Federal Reserve's new pledge to keep interest rates near zero and its increased tolerance for inflation.
SINGAPORE: Thai shares languished at a six-month low on Monday as escalating anti-government protests threatened to further erode investor confidence in the country and heaped further pressure on the region's worst performing stock market this year.
BEIJING: Activity in China's factories extended solid growth in September as payrolls expanded for the first time this year and overseas demand surged, a private survey showed on Monday, adding further momentum to an economy recovering from the coronavirus crisis.
BANGKOK: Economic indicators for August show significant improvement from July but suggest the economy is still contracting, according to the Finance Ministry.
KUALA LUMPUR: The Department of Statistics Malaysia (DoSM) Report which says that about 12.7 million or 83.5% of employees as of June 2 have returned to work, evidently shows that economic activities and services are recovering, said Tengku Datuk Seri zafrul Tengku Abdul Aziz.
Analysts ‘overweight’ on Chinese equities as the market has the potential to outrun the region
PETALING JAYA: An improving economy, recovering consumer sentiment and better corporate earnings will help support the stock market and ringgit next year.