Fed rate cut frenzy drives Asian stocks to record levels – Markets
BENGALURU: Equities in Asian emerging markets hovered near their lifetime highs and currencies advanced against the dollar on Friday, as...
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Asian currencies: Philippine peso and S Korean won down – Business & Finance
BENGALURU: Asian stocks took a breather from their rallies on Friday, with equities in Singapore snapping a 14-day winning streak,...
Currencies, stocks in tight range as markets gauge tariffs, China data – Markets
Currencies and equities in emerging Asia traded in a tight range on Tuesday, as investors remained cautious over tariff developments...
Asian stocks ease off recent peaks ahead of US tariff deadline – Markets
BENGALURU: Stocks in emerging Asian economies retreated on Friday from recent peaks as caution set in ahead of US President...
Asian stocks rally, currencies firm on Trump tariff reprieve – Markets
Asian emerging market equities rallied the most in more than two years on Thursday as traders snapped up beaten-down stocks after U.S. President Donald Trump said he would pause the implementation of hefty tariffs hours after they came into force. An MSCI gauge of EM Asian stocks leapt 4% in their biggest one-day gain since mid-November 2022. A subset of equities in ASEAN countries surged about 5% to mark their best day since the start of the COVID-19 pandemic. Most regional currencies also appreciated against the U.S. dollar: Malaysia’s ringgit...
Most Asian FX slip – Business & Finance
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...