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HONG KONG, China (AFP) — Markets fluctuated in Asia on Tuesday as investors awaited the release of key US inflation data later in the week, with another strong reading likely adding pressure on the Federal Reserve to begin reconsidering its ultra-loose monetary policy. Equities around the world are sitting close to record or multi-year highs after a stellar rally lasting more than a year, fuelled by central bank largesse, vast government stimulus worth trillions of […]
HONG KONG, China (AFP) — Most Asian markets rose Thursday, with focus on the upcoming release of key US jobs data, while traders were also trying to gauge when the Federal Reserve will begin reconsidering its ultra-loose monetary policies in light of a robust economic recovery. Oil prices also extended gains, fuelled by growing optimism that the reopenings and coronavirus vaccine rollouts will lead to a surge in activity over the coming months and ramp […]
BEIJING, China (AFP) — China has relaxed its family planning policy to allow couples to have three children after a census showed its population is rapidly ageing, state media reported Monday, further unwinding four decades of controls in the world’s most populous nation which have strangled the birthrate. For almost 40 years, China enforced a controversial “one-child policy” — one of the strictest family planning regulations worldwide — which was relaxed in 2016 to […]
HONG KONG, China (AFP) — Asian investors on Monday struggled to build on last week’s gains as profit-takers stepped in while awaiting the next buying catalyst, with eyes on the upcoming release of key US jobs data. Still, despite worries that the expected surge in economic activity this year will send prices soaring and force central banks to tighten monetary policy, a forecast-beating jump in a closely watched US inflation gauge was taken in stride. […]
(Eagle News) — Miss Myanmar Thuzar Wint Lwin won the best in national costume in the recent 2020 Miss Universe competition held in Florida, USA. She brought to the world her message to “Pray for Myanmar” which is currently suffering under military rule where hundreds of protesters have so far died. Thuzar Wint Lwin, who also made it to the top 21 semi-finals, used the pageant to bring to the world’s attention the plight […]
HONG KONG, China (AFP) — Asian markets were mixed Monday as optimism about the global recovery was offset by concerns about a spike in new infections in several countries that have officials battling to avert new lockdowns. Wall Street provided another strong lead after data showed US retail sales were flat last month, which helped ease traders’ fears that a surge in inflation could force the Federal Reserve to wind back its ultra-loose monetary policies […]
by Marlowe HOOD Agence France Presse Of the 100 cities worldwide most vulnerable to environmental hazards all but one are in Asia, and four-fifths are in India or China, according to a risk assessment published Friday. Across the globe, more than 400 large cities with a total population of 1.5 billion are at “high” or “extreme” risk due to some mixture of life-shortening pollution, dwindling water supplies, deadly heat waves, natural disasters and climate […]
HONG KONG, China (AFP) — Fears about surging inflation continued to trouble Asian markets Wednesday, with investors nervously awaiting crucial US price data later in the day that could ramp up expectations the Federal Reserve will have to taper its monetary policy earlier than flagged. Global equities have had a torrid start to the week as traders bet that stimulus measures, the rollout of vaccines and the reopening of businesses will fan a blockbuster recovery […]
HONG KONG, China (AFP) — Equity markets tumbled in Asian trade Tuesday following steep losses on Wall Street as investors grow increasingly worried about a surge in inflation that could force central banks to wind back their ultra-loose monetary policies earlier than forecast. All eyes are on the release this week of crucial data on US retail sales and consumer prices, with expectations for a sharp rise as the world’s top economy reopens and vaccines […]
HONG KONG, China (AFP) — Asian markets rallied Friday following a record-breaking finish on Wall Street as traders keenly await a key US jobs report that is expected to reaffirm the recovery in the world’s top economy is blasting ahead. And in a further sign that the global reflation trade is on track, iron ore prices hit an all-time high, while copper — a yardstick of economic health — is just short of its own […]
HONG KONG, China (AFP) — Most markets across Asia rose Thursday as investors welcomed a strong jobs report from the United States that reinforced optimism that the world’s top economy is well on the recovery track, though inflation concerns continue to dog trading floors. The White House’s support for a global waiver on patent protections for Covid vaccines also provided some cheer as it lifted hope for a speedier recovery in poorer nations that have […]
HONG KONG, China (AFP) — Asian markets mostly fell Wednesday after Treasury Secretary Janet Yellen’s suggestion that US interest rates might need to be hiked, as government spending measures fan inflation and the economy surges. The comments appeared to be a deviation from the united front top officials have put up in trying to reassure investors that the Federal Reserve’s ultra-easy monetary policies will remain in place until the recovery is well on track. Investors […]
