Data releases from Europe on Wednesday included the latest euro zone unemployment figures for July, German retail sales for July and August manufacturing PMI data for a handful of European
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European markets head for higher open, reflecting buoyant global sentiment
European stocks are expected to open slightly higher on Monday, reflecting positive trade in Asia-Pacific markets overnight. Germany's DAX is expected to open 4 points higher at 15,842, France's CAC
Continue reading »European markets head for higher open ahead of Fed meeting
European stocks are expected to open in positive territory on Tuesday as investors await the start of the U.S. Federal Reserve's latest monetary policy meeting. London's FTSE is seen opening
Continue reading »Singapore's foreign minister says Covid won't go away completely, warns against complacency
Vivian Balakrishnan, Singapore's minister for foreign affairs, said Covid-19 is "permanent" and subsequent waves of infections will be a normal occurrence in the coming years. The minister also warned that
Continue reading »China urges 'basic manners' after Philippine foreign secretary slams Beijing in blunt tweet
Chinese Foreign Ministry Spokesman Wang Wenbin in a Tuesday statement urged the Philippines for "basic manners" and cautioned against "megaphone diplomacy." Philippine Secretary of Foreign Affairs Teodoro Locsin Jr. tweeted
Continue reading »IMF warns of a weaker economic recovery in Southeast Asia as Covid restrictions linger
The International Monetary Fund expects Indonesia, Malaysia, the Philippines, Thailand and Vietnam to collectively grow by 4.9% in 2021, down from its previous projection of 5.2%. The downgrade came even
Continue reading »Japan stocks set to rise as major markets in Asia-Pacific are closed for holidays
Futures pointed to a higher open for Japanese stocks. Markets in Australia, mainland China and Hong Kong are closed on Monday for holidays. In this article .NKXQ SINGAPORE — Shares
Continue reading »Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia
Continue reading »European markets mostly higher; Credit Suisse slides 13%
The giant container ship blocking the Suez Canal, the Ever Given, is said to have been refloated and is being secured. Credit Suisse plunged 13% after warning of a "highly significant"
Continue reading »Escalating EU-China tensions could jeopardize new investment deal
Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU imposed sanctions against China for human rights abuses in
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