Global markets experienced a volatile beginning to the week, with Tokyo’s Nikkei 225 index dropping nearly 5% and Chinese markets soaring on news of fresh stimulus measures for the faltering economy. The Shanghai index saw an impressive rise of over 8%, contrasting sharply with the Japanese market’s struggles. In early European trading, France’s CAC 40 […]
Asian markets displayed a mixed performance on Friday following the United States stocks inching closer to record highs. This came after economic reports from the U.S. met expectations. Meanwhile, U.S. futures remained stable, and oil prices rose moderately. Japan’s Nikkei 225, which saw a notable 3.4% jump on Thursday, slipped 0.9% in early trading to […]
Asian stocks fell on Wednesday, with most regional markets closed for a holiday. Meanwhile, U.S. stocks closed out their worst month since September.Oil prices decreased, and U.S. futures were mixed. Tokyo’s Nikkei 225 index dropped 0.8% to 38,089.09 in early trading after Japan’s factory activity experienced a slight improvement in April, with the manufacturing purchasing […]
China Steel Corp yesterday announced its decision to keep domestic steel prices unchanged for the second consecutive month next month. The nation’s largest steelmaker stated that it considered customers’ export competitiveness and the ongoing consolidation in the regional steel market when making this decision. China Steel also highlighted the steady recovery of the global manufacturing […]
Grab is partnering with Triple A to introduce crypto payments to its platform, giving users the ability to top up their GrabPay wallets with digital tokens. Grab, the premier super app in Asia, is embarking on a revolutionary journey in digital finance with its latest collaboration with Triple A, a leading provider of crypto payments. […]
In early Thursday trading, most Asian shares were on the rise following Wall Street’s partial recovery. Japan’s Nikkei 225 initially reached a record high before retreating slightly to 39,794.13, a decrease of 0.7%. Meanwhile, Australia’s S&P/ASX 200 edged up by nearly 0.1% to 7,740.80. South Korea’s Kospi saw a 0.5% increase to 2,654.45. Hong Kong’s […]
Stocks showed a mixed performance in Asia on Tuesday following the announcement by China’s premier that the country’s economic growth target for this year is approximately 5%, aligning with forecasts. The benchmark index in Hong Kong declined, whereas Shanghai saw a slight increase. During the opening session of China’s National People’s Congress, Li Qiang announced […]
Asia is taking strides to establish regulatory clarity in the crypto space, which stands in stark contrast to the ongoing uncertainty in the United States. Industry experts suggest that this clarity could significantly enhance the region’s appeal to investors. Cryptocurrency regulations in Asia have made substantial progress, offering a clear path forward compared to the […]
