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Tag: Asia


Energy, Industries

Russia sends more energy to Asia as Europe cuts back

September 6, 2022

Via: ABC News

Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in […]


Energy, Industries

Crude Oil Price Steadies in Asia as US Dollar Holds Gains. Will WTI make Fresh Lows?

August 8, 2022

Via: DailyFX

WTI crude oil made a small recovery in Asia today after hitting a 6-month low of US$ 87.01 on Friday as the US Dollar found support across the board. Data from energy technology company Baker Hughes showed a small drop […]


Finance Tech, Trading

Global shares mostly higher after S&P 500 hits new record

October 22, 2021

Via: ABC News

Shares were mostly higher in Europe on Friday after a mixed session in Asia. Benchmarks rose in Paris, London, Tokyo and Hong Kong. Shares fell in Shanghai and Seoul. An official newspaper, the Securities Times, and other state media said […]


News

China continuing to outpace the U.S. economy, CFO survey reveals

December 2, 2020

Via: CNBC

For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]


Finance Tech, Trading

Trump touts ‘tremendous progress’ on India trade deal in bid to blunt China’s power

February 25, 2020

Via: Fortune

U.S. President Donald Trump touted “tremendous progress” on a trade deal with India as he sought to strengthen ties with a country key to American efforts to blunt China’s influence in Asia. Officials have tried to hammer out a modest […]


Finance Tech, Trading

Global markets fall sharply as virus cases spread past Asia

February 24, 2020

Via: ABC News

NEW YORK — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety. The Dow Jones Industrial Average slumped […]


Finance Tech, Trading

Global stocks head towards a 12-month low on trade war fears and Saudi tension

October 23, 2018

Via: NBC News

An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia’s diplomatic isolation to worries about Italy’s finances and trade wars piled on the pressure. Selling escalated […]


Finance Tech, Trading

Asian shares turn lower after strong day on Wall Street

October 4, 2018

Via: ABC News

European shares followed Asian markets lower Thursday after yields on U.S. Treasury bonds surged to multi-year highs as U.S. central bank officials expressed confidence in the staying power of the current expansion. KEEPING SCORE: The DAX in Germany lost 0.3 […]


Finance Tech, Trading

Global shares mixed following Wall Street losses

August 16, 2018

Via: ABC News

Shares are higher in early European trading after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined. KEEPING SCORE: Germany’s DAX added 0.3 percent to 12,200.93 and in […]


Finance Tech, Trading

Asia braces for US-China tariffs as stocks fall

July 5, 2018

Via: ABC News

Asian markets tumbled Thursday as China reiterated its determination to protect its interests in a rancorous trade dispute with Washington. Trading was subdued in the absence of leads from Wall Street with markets closed for the Independence Day holiday. KEEPING […]


Energy, Industries

US record oil exports bite into Russia, OPEC market share in Asia

May 29, 2018

Via: CNBC

Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and producers in the Organization of the Petroleum Exporting Countries […]


Finance Tech, Trading

Wall Street Opens Down a Day After Biggest Decline Since 2011

February 6, 2018

Via: Fortune

The global equity rout extended in U.S. exchanges after Asian and European markets tumbled, sending a gauge of world stocks toward the biggest three-day slide since 2015. Treasuries steadied and the dollar rose. The S&P 500 Index dropped at the […]


Finance Tech, Trading

The next big opportunity in fintech is here

May 19, 2016

Via: CNBC

Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted by […]


Financial Services, Industries

ADB chief doesn’t expect Fed hikes to trigger Asian financial crisis

December 3, 2015

Via: Business Insider

Asian Development Bank President Takehiko Nakao said on Thursday he did not expect U.S. interest rate rises to trigger a financial crisis in Asia, but the bank remains ready to lend support to vulnerable countries. The U.S. Federal Reserve is […]


News

Dollar tracks Treasury yields lower amid rising global tensions

November 25, 2015

Via: Market Watch

The U.S. dollar declined in Asia on Wednesday amid geopolitical uncertainty in the Middle East, pushing U.S. Treasury yields lower. Market participants have been betting for the dollar on the view that possible Federal Reserve rate increases would mean higher […]