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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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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Shares of Asia Pacific were mixed on Tuesday morning as a private survey showed that Chinese manufacturing activity in August has been expanding at its pace for almost 10 years. Mainland Chinese stocks fell, while the Shanghai Composite fell 0.16% while the Shenzhen component fell 0.448%. Hong Kong’s Hang Seng …
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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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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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