International Markets
Tencent boost proves to be short-lived as benchmark Hong Kong index gives up gains
Hong Kong and mainland markets fell on Thursday despite an initial boost provided by Tencent, as investors waited on the...
Oil markets firm amid OPEC cuts, Iran sanctions
SINGAPORE: Oil prices were stable on Tuesday as ongoing production cuts by OPEC and looming US sanctions against Iran threatened...
Malaysia stock market, ringgit bounce back from post-election jitters; removal of GST still among worries
MALAYSIA's Kuala Lumpur Composite Index (KLCI) and the ringgit were roiled on Monday, the first day of trading after a...
Canadian economy lost 1,100 jobs in April, but jobless rate holds steady at 5.8%
Canada : Canada's job market was essentially unchanged in April, as the economy shed 1,100 jobs, but the unemployment rate...
Most Asian markets end healthy week on a positive note
Hong Kong.: Asian markets built on the past week’s gains yesterday following another rally in New York as traders welcomed...
Foreign exchange rates to stabilize soon: Turkish minister
Foreign exchange rates will stabilize at a point where it should be and Turkey will ease the loss in its...
Hong Kong’s benchmark index ends midday session firm on back of gains in oil stocks
Hong Kong : Hong Kong stocks closed the midday session higher on Thursday, led by gains in oil companies in...
What’s behind the dollar surge? Look to Europe, not US interest rates
US ; The world’s financial markets are influenced by a multitude of factors, which is why it is a mistake...
Russia-China trade gets another significant boost
Trade turnover between Russia and China grew by 31 percent in the first three months of the year compared to...
Hong Kong stocks get boost from tech and financials
Hong Kong stocks closed the midday session higher on Tuesday, after tech companies surged following a rebound in Apple shares...
Japan shares lower at close of trade; Nikkei 225 down 0.03%
TOKYO: The benchmark Nikkei average slightly fell on the Tokyo Stock Exchange Monday, hit by the yen’s strength against the...
Markets await US-China talks
US: Senior US and Chinese officials will hold trade talks from in Beijing and Asian markets are waiting to see...
Xiaomi launches $10bn Hong Kong stock market listing
BEIJING (BBC): Chinese smartphone maker Xiaomi has filed to list on Hong Kong stock market, in a move that is...
Sri Lanka’s currency suffers as debt trap deepens
COLOMBO: Sri Lanka, which has loaded up on Chinese-funded infrastructure, is sinking deeper into a debt trap as its currency...
Swiss stocks Factors to watch on April 23
ZURICH: The Swiss blue-chip SMI was seen opening 0.2 percent higher at 8,808 points on Monday, according to premarket indications...
Sri Lanka gold jewellery price up after tax hike
COLOMBO: Sri Lanka's 24-carat gold price had risen to 62,000 rupees for an 8.00 gram sovereign after a 15 percent...
Bank of Canada holds benchmark interest rate at 1.25%
OTTAWA: The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future...
Brazil to increase capacity to help Venezuelan migrants
BRASILIA: Brazil is increasing its capacity to help migrants crossing the border from Venezuela to escape the economic and political...
Eni investing 7b euros in Italy over 4 years
ROME: Descalzi told investors Wednesday that the investments will include 1 billion euros into efforts to reduce its carbon footprint....
Brace for more intervention on Hong Kong dollar
CENTRAL: Hong Kong dollar has stabilized at the hands of foreign exchange interventions over the past few days, but more...
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