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Asia: Markets mixed as key US inflation data looms
ASIAN markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week. After last week’s...
China’s state banks step in to arrest yuan slide after key level breached, sources say
CHINA’S major state-owned banks were seen selling dollars on Friday, two people with knowledge of the matter said, in an attempt to arrest weakness in the yuan after it...
Boeing chair to meet key airline customers without planemaker’s CEO, sources say
MAJOR airline chiefs plan to hold discussions with Boeing board chair Larry Kellner in meetings that will not include CEO David Calhoun after raising concerns over an Alaska Airlines...
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
Asia: Trade cautious ahead of key rate decisions
TRADERS in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate. Dampened hopes...
Singapore stocks open flat on Monday after key exports surprise; STI down 0.04%
SINGAPORE stocks opened relatively unchanged on Monday (Mar 18) morning after data from Enterprise Singapore showed that the country’s non-oil domestic exports fell 0.1 per cent year-on-year in February,...
China central bank leaves key policy rate unchanged, as expected
CHINA’S’ central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping...
A US$6 billion tender offer key to Japan’s chip ambitions is slated to begin next week
A JAPANESE state-backed investment vehicle is going ahead with its US$6 billion buyout of chipmaking materials linchpin JSR, after securing assurances of China’s approval for a deal that Tokyo...
