SYDNEY (Reuters) – Confidence in China among Australians has halved amid diplomatic and trade disputes, and only 23% said they were confident that Beijing would act responsibly in the world compared to a reading of the 52% two years ago, according to a major survey. FILE PHOTO: Chinese President Xi …
Read More »Dollar wobbles as PMI data fuels hopes for global recovery
SINGAPORE (Reuters) – The dollar was under pressure on Wednesday, after optimistic data in Europe boosted the euro and helped fuel hopes for a global economic recovery, bolstering investors’ appetite for riskier currencies. FILE PHOTO: US dollar bills are seen in this photograph taken on February 12, 2018. REUTERS / …
Read More »Border clash is a “tipping point” in India-China relations, says ambassador
The India-China border clash that killed 20 Indian soldiers will be a “tipping point” in bilateral relations between the two Asian giants, a former Indian ambassador to China told CNBC. A “violent clash” in the Himalayas occurred on Monday last week along the border in the Galwan Valley in Ladakh, …
Read More »Asia stocks in four-month high as markets remain stubbornly optimistic
SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Asia stocks peak four months in stubborn optimism
SYDNEY (Reuters) – Asian stocks rose to a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases seemed to accelerate to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
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