MANILA, Philippines (AP) — World shares were mixed Thursday ahead of a key meeting between U.S. President Donald Trump and Russian President Vladimir Putin at the week’s end. Bitcoin briefly rose more than 3% to a new record of over $123,000, according to CoinDesk. It later fell back below $122,000. The future for the S&P…
Some Japanese exporters are making their debut at Hong Kong’s largest food expo to make the most of their currency exchange advantage and use the city as a potential springboard to enter the Greater Bay Area. Over 100 Japanese companies specialising in food and health, including at least seven joining for the first time, are…
Société Générale’s Albert Edwards, famed for calling the dot-com bubble leading up to the 2000 crash, is again warning investors of a potentially painful plunge ahead. In his latest note to clients this week, Edwards said US stocks and home prices are in an “everything bubble” that he thinks could soon pop. Stock valuations are…
Cosplayers dressed as characters such as Dr Mario, Pikachu and Hokusai were among the thousands undeterred by the summer heat who joined an outdoor queue before streaming into Hong Kong’s annual comics and games fair on Saturday. A snaking queue formed beyond the Convention and Exhibition Centre across the street on a footbridge into Central…
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely triggered by a post-election rally in the Japanese yen. The 1-month non-deliverable forward indicated the rupee will open in the 86.20-86.22 range, versus 86.2925 in the previous session….
BANGKOK (AP) — Shares in Asia traded mixed on Wednesday after an update on inflation pulled most U.S. stocks lower, though gains for Nvidia pushed the Nasdaq to another record. Tokyo’s Nikkei 225 gained 0.6% to 39,895.84 as the U.S. dollar rose against the Japanese yen, trading near 149 yen. Investors are focused on the…
Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London hitting a record high. London’s FTSE 100 index jumped one percent in morning trading, lifted also by a surge in mining stocks after US President Donald Trump said he would enact a 50-percent copper tariff on August…
Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London hitting a record high. London’s FTSE 100 index jumped one percent in morning trading, lifted also by a surge in mining stocks after US President Donald Trump said he would enact a 50-percent copper tariff on August…
Recent weakness in the Hong Kong dollar against some regional currencies has made the city more appealing to inbound tourists while lowering the costs of services, economists and industry leaders have said. The Hong Kong dollar, pegged to the US dollar, weakened against a basket of currencies as reflected in the US dollar DXY Index,…
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump’s looming tariffs against Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting Mexico, Canada and China due to come into force on Tuesday. Trump has…