Action in the Asia-Pacific fell to trading Monday morning as developments on the coronavirus pandemic continue by investors. Hong Kong’s Hang Seng Index led gains regionally as it jumped 1.43% in early trading. Chinese parts of the mainland were mixed. The composition of Shanghai was slightly higher, while the Shenzhen …
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The weakening of the US dollar is set to slide even further, but its importance as the world’s reserve currency is unlikely to diminish, according to analysts. The greenback had benefited when investors flew to safety amid the pandemic, which carried it to a half-and-a-half-year high in March. But now …
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Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
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