Tag Archives: asia

A man walks past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar, Euro and other foreign currencies outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights 10-year Treasury yields hit 16-year high above 4.8% Yen jumps; Japan officials not …

Euro outlook deteriorates on high oil prices Don’t rule out a move to parity, analysts say Euro shed 3% in Q3, on track for 3rd year of losses LONDON, Oct 4 (Reuters) – Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy’s fiscal position mean headwinds for …

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike/File Photo Acquire Licensing Rights Oct 3 (Reuters) – Most stock markets in the Gulf ended higher on Tuesday, despite concerns over higher-for-longer U.S interest rates, …

A customer counts money before paying a vegetable vendor at a market in Mumbai, India, June 4, 2015. REUTERS/Shailesh Andrade/File Photo Acquire Licensing Rights MUMBAI, Oct 3 (Reuters) – The Indian rupee fell on Tuesday as elevated U.S. Treasury yields and broad strength in the greenback weighed on Asian currencies. …

LONDON, Oct 3 (Reuters) – Geopolitical tensions and a weakening economy are driving hedge funds to consider alternatives to investing in China. Turmoil in China’s property sector has rattled world markets and hurt the outlook for the world’s No. 2 economy. Many U.S.-based hedge fund investors have cut their exposure …

Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing Rights TOKYO, Oct 3 (Reuters) – Japanese Finance Minister Shunichi Suzuki said …

A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Oct 3 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Yet another surge …

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public …

A car logo of Chinese automobile manufacturer Chery seen at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo Acquire Licensing Rights LONDON, Oct 2 (Reuters) – Chinese automaker Chery Automobile (CHERY.UL) will launch SUV models from three car brands in Europe over the next two years and …

LONDON, Oct 2 (Reuters) – Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations. The ramifications for global markets are significant, with Washington and Beijing’s determination to loosen dependence on each other fraying long-established supply chains. That could help keep inflation …