Category Archive

Lim Hui Jie

KEY POINTS

• China’s May inflation rate came in at 0.3%, missing expectations of 0.4% from a Reuters poll.
• Japan’s corporate goods inflation rate accelerated to 2.4% in May, beating expectations and marking its fastest rate of increase since August.

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By Wayne Cole

SYDNEY (Reuters) -Asian stocks were in a guarded mood on Tuesday as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc.

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Lim Hui Jie

KEY POINTS

• Asia-Pacific markets were mixed on Monday after a stronger-than-expected jobs report in the U.S. on Friday revealed hiring and wage growth picked up in May.
• A few Asian markets are closed for a holiday Monday, including Australia, mainland China, Hong Kong and Taiwan.
• This week in Asia, investors will be looking at Japan’s first-quarter gross domestic product numbers on Monday, followed by the Bank of Japan’s rate decision on Friday.

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Lim Hui Jie

Asia-Pacific stocks were mixed on Friday as investors looked at economic data from China and digested Japan’s pay numbers, with markets also assessing the European Central Bank’s rate cut.

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Lim Hui Jie

Asia-Pacific stocks rose Thursday as investors expect the European Central Bank to cut rates, with softer U.S. labor market data fueling hopes that the Fed might follow suit, further boosting market sentiment.

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Shreyashi Sanyal & Lim Hui Jie

Asia-Pacific markets were mixed on Wednesday, with stocks in India stabilizing after a heavy sell-off in the previous session as investors assessed India’s election results.

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Shreyashi Sanyal

India stocks slumped to lead Asia markets lower Tuesday, as the country started counting votes for its 2024 general election.

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Shreyashi Sanyal

India stocks hit record highs to lead gains in Asian markets on Monday, while a private survey showed China’s manufacturing activity expanded at its fastest pace in nearly two years.

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Shreyashi Sanyal

Asia-Pacific markets mostly rose on Friday as investors parsed data from major economies across the region.

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Shreyashi Sanyal & Lim Hui Jie

Asia-Pacific markets extended losses on Thursday, tracking Wall Street’s moves ahead of a slew of economic data from the region on Friday.

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