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View all search resultsThe US dollar languished at multiweek lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.
20 hours agoThe nickel downstreaming program has faced issues due to the lack of a comprehensive long-term plan, including a shortage of nickel ore resulting from overinvestment over the past five years. ...
1 day agoNorges Bank Investment Management (NBIM), an arm of Norway's central bank, which held stakes in 61 Israeli companies as of June 30, in recent days divested stakes in 11 firms. ...
2 days agoAsian equities rose on Friday as investors looked to end the year on an optimistic note after US data showed the Federal Reserve's aggressive monetary policy was dampening inflationary pressures even as worries over COVID cases in China persist.
2 years agoThe dollar steadied on Thursday after riding long-end US Treasury yields higher overnight, as initial optimism over China's reopening fizzled.
2 years agoReal estate investment in Asia-Pacific is projected to drop 5 to 10 percent year on year (yoy) in 2023, following a steep 25 percent yoy decline this year, amid tumultuous economic conditions that are weighing on sentiment.
2 years agoAsian equities were subdued on Wednesday, while the dollar held firm, with investors looking for direction after China took further steps towards reopening its COVID-battered economy.
2 years agoStock markets gained while the US dollar softened on Tuesday after China said it would drop its quarantine requirements for inbound visitors, further easing three-year border controls aimed at curbing COVID-19.
2 years agoAsian stocks started on a positive note Monday, buoyed by gains on Wall Street last week although spiraling Covid-19 cases in China weighed on sentiment in thin holiday trade.
2 years agoAsian markets extended a Wall Street advance into Thursday as forecast-busting US earnings and consumer confidence data tempered worries about a deep recession.
2 years agoAsian stocks were trying get into a festive mood on Wednesday, and managed small gains with even Japan's Nikkei lifting off a two-month low it hit following the Bank of Japan's surprise decision to loosen its tight leash on government bond yields.
2 years agoThe yen surged to a four-month peak against the dollar on Tuesday after the Bank of Japan said it would review its yield curve control policy and widened the trading band for the 10-year government bond yield in an unexpected tweak.
2 years agoAsian share markets were trading mostly in negative territory on Tuesday, as investors anticipated a somewhat rocky road for China's unwinding of COVID restrictions and the prospect that US interest rates will rise higher than expected in 2023.
2 years agoAsia's stock markets made a wobbly start to the final full trading week of 2022, with the prospect of interest rates rising further next year taking the edge off festive cheer.
2 years agoAsia stocks fell for a second day in a row on Friday, and were headed for their worst week in two months, after a slew of central banks raised interest rates and warned there were more hikes to come next year.
2 years agoAsian stocks sagged on Thursday, tracking declines on Wall Street, after the US Federal Reserve projected higher interest rates for a longer period.
2 years agoAsian stocks rose on Wednesday, bonds were firm and the dollar nursed losses after data showed US consumer prices barely rose in November, stoking hopes that inflation has peaked and interest rate increases will slow and eventually stop in 2023.
2 years agoAnnounced at the COP15 talks on biodiversity in Montreal, the Sustainable Critical Minerals Alliance would support these standards for elements like lithium, cobalt and nickel.
2 years agoPlucky bitcoin's been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy heights of US$30,000 in 2023.
2 years agoAsian markets mostly rose Tuesday, with nervous investors sitting tight ahead of key US inflation data and a Federal Reserve policy decision but fresh pledges by China to open up from zero-COVID offering support.
2 years agoAsian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the US Federal Reserve, the European Central Bank and others.
2 years agoThe US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy.
2 years agoAsian markets were mixed Friday as optimism about China's economic reopening continues to face off against concerns about rising interest rates and a possible recession.
2 years agoAsian markets were mixed Thursday as sentiment was pulled in opposite directions by worries about a US recession and China's shift away from strict COVID restrictions.
2 years agoAsian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.
2 years agoThe rupiah is likely to take an unexpected turn toward appreciation against the United States dollar in 2023, resulting in lower imported inflation, both Bank Indonesia (BI) officials and economists projected.
2 years agoAsian markets were mixed Tuesday as fresh fears that the US Federal Reserve will push interest rates higher than hoped played off against growing optimism over China's economic reopening.
2 years agoAsian stocks rose and the dollar weakened further as traders welcomed more easing of strict COVID containment measures in China that have hammered the world's number-two economy.
2 years agoThe dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.
2 years agoAsian equities jumped on Thursday, while the dollar slid as investors poured into risky assets after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening.
2 years agoFinancial literacy with regard to capital markets among Indonesians fell in 2022, according to the latest triennial survey from the Financial Services Authority (OJK), leading to concerns that the rapid increase in the number of investors is not commensurate with a rise in the understanding of the associated risks.
2 years agoThe dollar held its overnight gains on Tuesday as concerns about unrest in China over COVID-19 restrictions dampened market sentiment, and as hawkish remarks from Federal Reserve officials gave the greenback an additional leg up.
2 years agoStocks and oil prices sank Monday on concerns about protests across China calling for political freedoms and an end to the government's hardline zero-COVID policy, fueling uncertainty in the world's number-two economy.
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