IMF raises 2023 economic outlook for Asia

Asian stock markets experienced significant gains on Monday, while the US dollar reached a seven-week high against the yen, buoyed by surprisingly strong labour market data in the United States. This unexpected economic strength alleviated concerns

Since the end of June, Southeast Asian markets, including the Philippines, have outperformed the United States. This was driven by growing expectations that the US Federal Reserve would adjust its policy, which caused the dollar to

Asian stocks extended their gains, driven by a rise in risk appetite across global financial markets. This positive momentum was supported by China’s latest stimulus measures and an optimistic outlook from the US. In Australia and

Asian stocks saw a significant surge on Tuesday, reaching their highest levels in over two and a half years. This rise was driven by a series of stimulus measures announced by China, alongside growing optimism around

On 20 September 2024, emerging Asian stocks and currencies saw significant gains following a major rate cut by the US Federal Reserve. The Fed’s unexpected decision to lower rates by 50 basis points lifted the outlook

On Thursday, most Asian stocks saw gains, especially in the technology sector, following a strong overnight performance by Nvidia. Japanese markets, in particular, performed well due to lower-than-expected producer inflation data, which contradicted recent hawkish remarks

Asian markets saw mixed results on Tuesday, largely influenced by a rebound in Wall Street the previous night, as investors awaited critical inflation data for further signals on possible interest rate cuts. However, Chinese markets underperformed

On Tuesday, Asian markets experienced gains, driven by the rise in Japanese stocks, while the yen showed signs of stabilisation after a period of weakness against the US dollar. Japanese equities performed strongly, with a positive

Asian markets largely extended their gains. This improvement in sentiment comes after last week’s turmoil, which was driven by fears of a potential US recession. Investors have since seen these concerns ease somewhat, especially ahead of

Asian stocks achieved a one-month high on Tuesday, buoyed by a rally on Wall Street driven by speculation that the Federal Reserve might indicate upcoming rate cuts later this week. With minimal economic data being released,

Asian markets experienced a significant uptick on Friday, spurred by a decline in US recession fears, reversing a sharp market downturn from earlier in the month. Japan’s Topix index surged by 3%, while the technology-focused Nikkei

Asian stocks generally advanced on Monday, building on a recovery from the previous week. This uptick was driven by growing optimism that fears of a U.S. recession may have been overstated. The focus for investors now

Tokyo stocks surged over 10 per cent on Tuesday, rebounding from a record selloff driven by concerns about the US economy and a stronger yen. The Nikkei 225 index soared 10.33 per cent, gaining 3,249.36 points

Asian markets started the week positively ahead of key central bank policy meetings in the United States and Japan, following a strong rally on Wall Street after a turbulent week. U.S. futures and oil prices also

Asian stocks rebounded from one-month lows on Tuesday, with Taiwan’s market ending a five-day losing streak as semiconductor shares followed Wall Street’s recovery. However, falling commodity prices weighed on the Australian dollar. MSCI’s broadest index of

Most Asian stocks saw gains on Tuesday, taking cues from a strong finish on Wall Street, driven by growing expectations for a September interest rate cut. However, Chinese markets lagged due to concerns over a cooling

On Thursday, Asian stocks soared to unprecedented levels, while sterling climbed to a four-month high driven by robust growth figures. Investors eagerly awaited U.S. data anticipated to indicate easing inflation, potentially setting the stage for rate