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View all search resultsA $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday, but a late tumble in the troubled US lender's shares showed investors were still worried about cracks in the sector.
2 years agoAsian markets extended a risk rally on Wall Street on Friday to end a tumultuous week that saw a brewing banking crisis send bond yields plunging while market participants sharply lowered expectations of future interest rate hikes in Western economies. ...
2 years agoCredit Suisse on Thursday said it would borrow up to US$54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global banking crisis. ...
2 years agoWith coronavirus cases hitting record highs, many countries are trying to limit the economic damage by relaxing rules on isolation rather than resorting to lockdowns.
3 years agoAsian stocks slipped on Wednesday, following a mixed Wall Street session as the region's investors positioned their portfolios for the new year and continued to grapple with increasing global numbers of Omicron coronavirus cases.
3 years agoThe IDXTECHNO subindex of technology companies saw the strongest gains, and a tech company delivered the biggest IPO ever on Indonesia’s bourse.
3 years agoAs the worst fears of the Omicron's impact have subsided, investors have been returning to risk assets.
3 years agoThe Indonesia Stock Exchange (IDX), in collaboration with the Indonesian Biodiversity Conservation Trust Fund (Kehati) Foundation, has launched two indexes based on environmental, social and governance (ESG) scores to cater to increasing demand for responsible investment products.
3 years agoUS consumer confidence further improved in December, and the White House was resuming talks on a massive social spending and climate change bill.
3 years agoEquities stabilized and oil prices saw a much-needed gain Tuesday after their latest flop as bargain-buyers moved in, though investors remain fixated on the fast-spreading Omicron variant and moves to contain it over the festive period.
3 years agoAsian share markets fell and oil prices slid on Monday as surging Omicron cases triggered tighter restrictions in Europe and threatened to drag on the global economy into the new year.
3 years agoWith inflation expected to remain high for some time, the US central bank is likely to raise interest rates soon after it ends its bond-buying program in March, a Federal Reserve board member said Friday.
3 years agoAsian equities mostly fell Friday, pulling back from the previous day's rally as traders consider central bank plans to combat soaring inflation by ending the era of ultra-cheap cash, while also navigating a COVID-19 infection spike that threatens an already fragile economic recovery.
3 years agoMost Asian markets rose Thursday and the dollar held gains after the Federal Reserve laid out a more hawkish path by speeding up the taper of its pandemic financial support and indicated a number of interest rate hikes over the coming years.
3 years agoMSCI's broadest index of Asia-Pacific shares outside Japan was down 0.46 percent.
3 years agoThe Fed is widely expected to signal a faster tapering of asset buying this week, and thus an earlier start to rate hikes
3 years agoThe dollar was firm on Friday ahead of US inflation figures, which could settle the course of interest rates, while the Chinese yuan was nursing its sharpest drop in months after a nudge lower from authorities triggered a slide.
3 years agoAsian stocks opened higher on Tuesday as investors took heart from strong rebounds on Wall Street on hopes that the newest coronavirus variant will prove less dangerous than previously feared.
3 years agoWhile analysts warn of lower crude palm oil (CPO) prices next year, producers remain hopeful at least for the first half of 2022.
3 years agoAsian markets broadly fell in morning trading Monday, tracking uncertainty over the Omicron variant of COVID-19 as well as disappointing US jobs data and the future of Chinese tech firms on Wall Street.
3 years agoPreventing speculation and excessive increases in property and land prices is crucial for development of the new capital city, experts say.
3 years agoStocks fell on Friday after Chinese ride-hailing giant Didi said it would delist in New York, renewing concern about US-China tensions and tech regulation, while oil headed for a sixth consecutive weekly drop on Omicron and rate hike worries.
3 years agoThe Baltic Dry Index has fallen to a level last seen in early June, reflecting improvements in global supply chains.
3 years agoDemand for electricity has started to rebound as COVID-19 infections continue to decline, restrictions are eased and manufacturing activities resume.
3 years agoBank Indonesia (BI) estimates e-commerce transactions to grow 31.4 percent annually to Rp 530 trillion (US$37 billion) next year.
3 years agoThe main Indonesian stock index clawed back some of Friday’s losses on Monday, defying the downward trend seen in other stock indices.
3 years agoThe risk-sensitive Australian dollar rose 0.37 percent to US$0.7139, recovering after a 1 percent tumble on Friday that saw it dip to $0.71125 for the first time since Aug. 20.
3 years agoAsian markets fell again Monday but oil rebounded strongly as investors try to assess the threat of the new Omicron Covid strain on the global economic recovery.
3 years agoEquity markets in Asia were mixed in edgy trade Thursday as a batch of strong economic data spurred expectations that the Federal Reserve will withdraw its vast financial support and lift interest rates earlier than thought.
3 years agoMSCI's broadest index of Asia-Pacific shares outside Japan fell 0.18 percent to a six-week low.
3 years agoThe state-owned electricity monopolist says investment opportunities in clean energy projects are wide open.
3 years agoAsian markets fell Wednesday as investors extended a run of weakness, with inflation worries and expectations of tighter central bank monetary policy the center of attention.
3 years agoThe XIDR is to compete with the like of the Rupiah Token and Binance IDR to be the top rupiah-denominated stablecoin.
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