SINGAPORE – Shares of Asia-Pacific were mixed in Tuesday’s trade, with Chinese search giant Baidu entering Hong Kong. In Japan, the Nikkei 225 peaked at 0.53% while the Topix index rose 0.33%. South Korea’s Kospi slipped a fraction. Mainland Chinese stocks fell 0.21% in the Shanghai Composite while the Shenzhen …
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British Prime Minister Boris Johnson attends a virtual press conference inside 10 Downing Street in central London on November 26, 2020. Jamie Loriman | AFP | Getty Images European Commission President Ursula von der Leyen said the sterling broke the long-awaited $ 1.35 billion barrel on Wednesday morning after progress …
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SINGAPORE – The US dollar is set to weaken further, amid market opinion that geopolitical risks are dwindling after the election, and analysts say the next stimulus package will be less than expected. Citi Private Bank strategists have further predicted a weaker dollar if the Biden administration reduces uncertainty in …
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Brussels, Belgium – February 3: EU Chief Brexit negotiator Michel Bernier will address a press conference in Brussels, Belgium on February 3, 2020. Anadolu Agency Sterling surged more than 0.8% against the US dollar on Wednesday after the European Union indicated that a trade deal with the UK was still …
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SINGAPORE: Many investors have cut ties with China in 2020. But a billionaire hedge fund manager has a strategy that starts with “balance”. “The way to play the Chinese market is to build a diversified portfolio first,” Ray Dalio told CNBC’s “Street Signs Asia” on Wednesday. That, he said, means …
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