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SEOUL: Foreign investors sold South Korean stocks for three straight months to April on worry about the Covid-19 (coronavirus) outbreak across the world, financial watchdog data showed Monday (May 11). Foreigners sold a net 5.39 trillion won (US$4.4 billion) worth of local shares in April.
SHANGHAI/HONG KONG: China's yuan, fresh from a second year of weakening against the U.S. dollar, is enjoying an unusual turn as a haven as Washington and Beijing prepare to sign an eagerly awaited Phase 1 trade deal this week.
Foreign investors have bought US$40b of mainland equities in the first nine months of the year
JAKARTA (Reuters) - Indonesia's government has issued new regulations aimed at tracing and taxing the wealth of taxpayers who were not pardoned in the nine-month tax amnesty that ended in March.
VIENNA (Reuters) - Iran's foreign reserves total between $115 billion and $125 billion (£74.2 billion and £80.7 billion), including assets in its sovereign wealth fund, its industry minister said on Friday in one of the most detailed public descriptions of the reserves by an Iranian official.
RIYADH (Reuters) - Saudi Arabia's frustration with its main ally the United States over Middle East policy will not harm business relations or oil sales, despite a threat from its spy chief of a "major shift" in ties, businessmen and economists say.
STOCKHOLM/REYKJAVIK (Reuters) - For Iceland, there was a sense of deja vu when Cyprus's finance minister said capital controls would probably last
JOHANNESBURG (Reuters) - South Africa's black majority directly owns less than 10 percent of the Johannesburg stock market, a study showed on Thursday, evidence that Africa's top economy remains firmly in white hands nearly two decades after the end of apartheid.