markets

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Dollar recovers, bond yields jump on Yellen’s pace guidance

LONDON: The dollar bounced back, Asian and European shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signaled a path…

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Asian shares mixed, dollar jumps on Yellen’s rate hike signal

Ahead of U.S. President-elect Donald Trump’s inauguration this week, investors in Asian assets are warily betting he won’t make good on his promise to create $1 trillion of new infrastructure…

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Dollar bounces back but Asia markets wary over Trump’s policies

HONG KONG : Dollar recovered against its major peers on Wednesday after taking a battering the previous day but equity traders were on edge owing to uncertainty about the prospects of…

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Asia stocks drift near three-month highs; magnificent in spotlight

Asian stock markets stabilizes near three-month highs, helped by Hong Kong and Chinese shares, as investors judged U.S. President-elect Donald Trump’s concerns over a stronger dollar to be beneficial to…

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Oil prices sink as rising U.S. output could balance OPEC cuts

Oil dipped on lingering concerns over global fuel oversupply due to rising U.S. output and doubts that OPEC and other producers would adhere to commitments to cut output in an effort…

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Asian traders on edge ahead of May, Trump events

HONG KONG: Asian investors moved warily Tuesday as they look ahead to a crucial week for two of the world’s top economies as Britain outlines its plans for leaving the…

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Pound struggles at 32-year lows against dollar in Asia

The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May was ready to take the country out of the…

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Tokyo stocks down as Takata dives on US deal

TOKYO: Japanese shares tumbled with Takata hammered as the firm’s agreement to plead guilty to fraud and pay $1 billion to settle a deadly airbag scandal still left unanswered questions…

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markets top news Uncategorized

Asia shares slip, dollar on track for losing week

Asian shares dipped but were on track for weekly gains while the dollar was poised for a losing week, with investors disappointed that President-elect Donald Trump failed to elaborate on…

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Asia shares touch 11-week high, dollar down

The U.S. dollar losses on Thursday after President-elect Donald Trump’s news briefing regarding future fiscal policies, disappointing bulls wagering on major stimulus. Yet neither did Trump mention possible tariffs against…

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Uncertainty over Trump policy clouds global outlook: World Bank

WASHINGTON: The World Bank on Tuesday pared back its global growth estimate for 2017, but uncertainty about the economic policies of US President-elect Donald Trump is clouding the outlook. Main…

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Asian shares pull ahead to two-month highs as investors seeks Trump’s conference

TOKYO: Asian shares pulled ahead to two-month highs as investors looked to President-elect Donald Trump’s news conference later in the day for any clues to his policies on tax, fiscal…

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