ASIA/PACIFIC -The Australian stock market closed higher on Thursday following the broadly positive cues from Wall Street overnight, as investors digested the implications of Donald Trump’s election win. -China’s CSI 300 led gains in Asia as Chinese October exports data sharply beat market expectations and People’s Bank of China (PBoC) Governor Pan Gongsheng assured foreign financial institutions that China will maintain its
READ MOREASIA/PACIFIC -The Australian stock market posted solid gains on Wednesday (Nov. 6) after Wall Street surged overnight ahead of the U.S. presidential election results. -Asian stocks ended mixed as Republican Donald Trump moved step closer to winning White House. Expectations that he could impose tariffs of 60% or more on goods from China, sent domestic Chinese stocks lower. -The Bank of Japan
READ MOREASIA/PACIFIC -The Australian stock market closed lower on Tuesday after the Reserve Bank kept interest rates on hold for the eighth meeting in a row. -Asian markets traded mixed as Chinese Premier Li Qiang expressed confidence that his government can pull off an economic recovery and the Caixin China Purchasing Managers Index (PMI) reached 52.0 in October, indicating growth in the sector,
READ MOREASIA/PACIFIC -The Australian stock market kicked off the new trading week firmly in the green with all eyes now on Australia’s central bank interest rate decision on Tuesday. -Asian markets rose on Monday as investors await China’s parliament meeting outcome for stimulus details and China’s October trade data. -India’s central bank is well-equipped for post-U.S. election volatility, Reuters reported citing sources familiar
READ MOREASIA/PACIFIC -The Australian stock market closed lower on Friday, as local investors gear up for the US election and the Federal Reserve rate verdict. -Asian markets fell following the release of new Purchasing Managers’ Index (PMI) data from China and Japan. Caixin China manufacturing purchasing managers’ index for October rose to 50.3, rebounding from September’s 49.3. -Japan’s Jibun Bank Manufacturing PMI Index
READ MOREASIA/PACIFIC -The Australian stockmarket extended its losses on Thursday, taking the market to its worst monthly performance since April as investors grappled with a raft of updates. -Asian markets slipped Thursday as investors reacted to the Bank of Japan’s rate hold. Chinese markets bucked the weak regional trend ahead of a highly anticipated top legislative bond meeting scheduled in Beijing on Nov.
READ MOREASIA/PACIFIC -The Australian stockmarket closed lower on Wednesday as headline inflation for the September quarter rising 2.8% year on year, failed to buoy sentiment. -Asia-Pacific markets were mostly down as the European Union (EU) announced the imposition of additional tariffs on electric vehicles (EVs) imported from China, prompting an angry response from Beijing. -The Bank of Japan kicked off its two-day policy
READ MOREASIA/PACIFIC -The Australian stockmarket end higher for a third day running after billionaire retailer Solomon Lew struck a deal with Myer to sell his apparel brands business in a $950 million deal. -Asian stocks ended mixed on Tuesday as Japanese unemployment rate for September clocked in at 2.4%, lower than estimates. -Chinese IPOs in the U.S. and Hong Kong are set to
READ MOREASIA/PACIFIC -The Australian stock market edged higher to start the week led by the technology sector and a rebound in Mineral Resources. -Asian stock markets kicked off the new trading week mostly in the green as investors digested Japan’s general election results over the weekend in which its ruling Liberal Democratic Party (LDP) lost majority for the first time since 2009. –
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