Asia markets rise as oil surges

Amid a backdrop of weaker global trade and higher interest rates, economies across the Asia-Pacific region are poised for resilient growth in 2023, although weaker than in 2022. In its latest Asia Pacific’s economic outlook update, S&P Global

It was the inauguration of the Shinkansen “bullet train” in the 1960s that arguably kicked off the high-speed rail revolution, representing a triumphant economic achievement for Japan that helped it return to the international fold following the turbulence

New stimulus from China helped Asian stocks trade higher on Thursday as concerns over economic growth in the world’s second-largest economy remain in focus. Hong Kong’s Hang Seng Index rose 0.2%, with the Shanghai Composite finishing 0.1% higher.

Asian stocks have extended last week’s rally, led by China shares, amid talk that all of Beijing’s small policy steps might actually add up to real stimulus at some stage. The next move is expected to be a

Most Asian stocks rose on Friday as unexpectedly positive Chinese factory activity data and more stimulus measures in the country helped improve sentiment before a closely watched U.S. jobs report.  China rolled out more measures to support its

China stocks led Asian shares higher on Tuesday with investors welcoming Beijing’s efforts at supporting markets, while bonds rallied and the dollar dipped on possibly softening US data. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1%,

Most Asian stocks rose on Tuesday, buoyed by a recovery in technology stocks ahead of key earnings from Nvidia Corp (NASDAQ:NVDA), although concerns over rising U.S. interest rates and slowing Chinese growth held back bigger gains.  While Wall Street indexes ended

The Asia-Pacific region is seeing healthy growth of startups across sectors like fintech, automation, and AI-powered drug discovery, according to a 2022 report by KPMG. However, compared to the start-up scene in North America, there is still little access to

Asian currencies and equities edged higher on Wednesday after investors priced in the effects of China’s consumer prices falling in July, which made it the first G20 economy to enter deflation territory since Japan in 2021. The Chinese yuan CNY=CFXS strengthened 0.2% as major state-owned

The value of trade in both imports and exports with Southeast Asia has grown significantly in the year ending June 2023, according to figures released by Stats NZ. Of the countries in Southeast Asia, imports from Singapore rose

Most Asian stocks rose on Thursday as appetite for risk-driven markets was boosted by the Federal Reserve raising interest rates as expected and downplaying the prospect of a U.S. recession this year. Technology stocks were among the best

Asian markets finished trading on a positive note, tracking Wall Street’s gains a day earlier. A positive surprise on inflation from U.K. also supported sentiment. China’s Shanghai Composite Index edged up 0.03 percent to finish trading at 3,198.84. The day’s

Most Asian stocks rose on Wednesday amid speculation over peak U.S. interest rates ahead of key inflation data, while weak economic readings spurred a heavy dose of profit taking in Japanese markets. A positive overnight finish on Wall

Most Asian stocks surged on Monday as a drop in U.S. inflation ramped up hopes for a less hawkish Federal Reserve, while data showing improving sentiment towards the Japanese economy put the Nikkei index back at 33-year highs.