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BENGALURU: Most Asian equities advanced on Monday after China unveiled fresh measures to boost domestic consumption, although regional investors remained cautious amid escalating global trade tensions. South Korean shares jumped 1.6% to their highest since February 27, while Malaysia’s benchmark climbed 1.1%, extending gains to a third straight session. Taiwan’s main index rose more than 1%. China on Sunday unveiled sweeping measures to boost domestic consumption, including income hikes and childcare subsidies, just days after financial regulators urged an easing of credit restrictions — moves analysts say could revitalise Southeast...

BENGALURU: Emerging Asian stocks were mixed while most currencies declined on Monday as concerns about flip-flopping US tariffs and a slowing US economy weighed on sentiment, with the Philippine peso being the only outlier. Most regional currencies were unable to leverage the softer US dollar, with the Indonesian rupiah depreciating 0.3% while Singapore dollar, Malaysian ringgit and Thai baht trading marginally lower. “The ongoing US trade probe, set to conclude by April 1, may trigger further tariff headlines, adding to FX uncertainty,” Goldman Sachs analysts wrote. Over the weekend, US...

(Bloomberg) -- The outlook for emerging Asian currencies is worsening again after US President Donald Trump announced new tariffs on China, curbing optimism that his threats were mainly bargaining ploys. Most Read from Bloomberg Regional currencies have tumbled over the past week, with the Thai baht and South Korean won both sliding about 2%, as rising fears over a global trade war sapped risk appetite. Asian currencies have also unwound part of their January rally as a number of central banks in the region cut interest rates to support growth....