Category Archive

Lim Hui Jie

Chinese stocks sold off in another volatile day of trading amid mixed Asia-Pacific markets Wednesday.

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Karen Gilchrist & Holly Ellyatt

European markets opened lower Tuesday as regional sentiment sours further after a shaky start to the week, with investors watching the conflict in the Middle East closely and its potential impact on oil markets, supply chains and the global economy.

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Lim Hui Jie

SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus.

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Holly Ellyatt@HollyEllyatt

LONDON — European stocks started the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday’s rally on Wall Street.

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Lim Hui Jie

Key Points

• Three central banks in Asia-Pacific are set to release their interest rate decisions this week, namely the Bank of Korea, Reserve Bank of New Zealand and Reserve Bank of India.
• Economists polled by Reuters expect the BOK and RBNZ to cut rates, while the RBI will hold.
• Nintendo shares recorded a gain of almost 5%, after Saudi Arabia’s PIF was reported to be considering raising its stake in the company and other Japanese gaming counterparts.

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Karen Gilchrist@_karengilchrist

LONDON — European stocks moved tentatively higher Friday as traders continue to monitor the escalating conflict in the Middle East and look ahead to the latest U.S. jobs report.

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Lee Ying Shan@in/ying-shan-lee@LeeYingshan

Key Points

• Asia-Pacific markets traded mixed on Friday.
• This follows after losses on Wall Street, with concerns over Middle East tensions keeping investors on edge.
• U.S. crude futures rose around 5% overnight and ticked higher again on Friday morning on concerns that Israel could strike Iran’s oil industry in retaliation for Tehran’s missile attack this week.

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Holly Ellyatt@HollyEllyatt

LONDON — European stocks moved lowered Thursday as conflict in the Middle East weighs on regional investor sentiment.

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Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

• The Japanese yen weakened against the U.S. dollar, a day after clocking its largest single-day decline since June 2022.
• Markets in mainland China will remain closed until Oct. 8 for a week-long holiday and South Korea will be shut Thursday for National Foundation Day.
• Taiwan markets were shut for a second day as Typhoon Krathon brings torrential rain on the island.

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Dylan Butts@in/dylan-b-7a451a107

Key Points

• Traders in Asia were assessing data on consumer inflation out of South Korea.
• Oil prices and the CBOE Volatility Index (.VIX) jumped overnight as Iran fired ballistic missiles at Israel.

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