Asia
Asia: Yen gains after hitting 38-year low, traders on intervention watch
THE yen edged back slightly on Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by Japanese authorities, while investors awaited...
Asia: Markets fluctuate after Wall Street rebound, inflation in view
ASIAN markets swung on Wednesday following a tech-led bounce on Wall Street as investors prepare for the release of crucial US inflation data, while the yen fell back towards...
Charting big tech’s US$70 billion spending spree in South-east Asia
A WHIRLWIND tour of Malaysia, Singapore, and Vietnam all in less than a week.
Sounds like the tour schedule of BTS or another K-pop supergroup? Well, this was the trip...
Asia: Markets track weak US lead, eyes on yen
ASIAN markets extended last week’s poor run with more losses on Monday, following on from another tepid lead from Wall Street as profit-taking weighed on the tech sector.A forecast-topping...
Indonesia’s bonds hit hardest in Asia as state debt risks grow
INDONESIA state-run power utility’s dollar bonds have suffered the most in Asia over the past two weeks due to rising concerns about the nation’s debt. This has pressured local...
Cosmetics chain Sa Sa plans Asia expansion to escape Hong Kong slump
HONG Kong’s biggest cosmetics chain, Sa Sa International Holdings, is planning to further expand in mainland China and South-east Asia, to help make up for the sluggish post-Covid recovery...
Asia: Markets retreat after tech losses hobble Wall Street
ASIAN markets mostly fell on Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders are on intervention watch as...