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Asian stocks trade narrowly mixed as dollar holds onto gains

Asian stocks trade narrowly mixed as dollar holds onto gains

Down Under, the S&P/ASX 200 bucked the downward trend in the region to gain 0.16 percent as the industrials and information technology sectors gained. The heavily weighted financials subindex shed 0.49 percent, as all of Australia’s “Big Four” banks traded in the red. On the corporate front, earnings from Standard Chartered and SJM Holdings are […]

Asia-Pacific Stocks Rise in Holiday-Thinned Trading

Asia-Pacific Stocks Rise in Holiday-Thinned Trading

Updated May 1, 2018 2:22 a.m. ET Asia-Pacific equities turned higher Tuesday, led by Australian banks as earnings season for the sector began. Most markets in the region were closed for the Labor Day holiday. Australia’s S&P/ASX 200 was recently up 0.5%, with the country’s major lenders gaining more than 1% on a relief rally. […]

Global shares start busy data week solidly

Global shares start busy data week solidly

LONDON (AP) – Global stock markets advanced Monday ahead of a raft of potentially market-moving economic data from around the world that culminates with U.S. jobs data for April. KEEPING SCORE: In Europe, Germany’s DAX was up 0.1 percent to 12,591 while the CAC 40 of France rose 0.4 percent to 5,499. The FTSE 100 […]

Fukushima, Hirota win at Badminton Asia Championships women's doubles

Fukushima, Hirota win at Badminton Asia Championships women's doubles

Yuki Fukushima/Sayaka Hirota (R) of Japan compete during the women’s doubles final match against their compatriot Misaki Matsutomo/Ayaka Takahashi of BWF Badminton Asia Championships 2018 in Wuhan, capital of central China’s Hubei Province, April 29, 2018. Yuki Fukushima/Sayaka Hirota won 2-1. (Xinhua/Xiong Qi) Source link

Myanmar violence: Thousands flee fresh fighting in Kachin state

Myanmar violence: Thousands flee fresh fighting in Kachin state

Image copyright AFP Image caption At least 10,000 people are believed to have fled their homes in Kachin this year Thousands of people have fled renewed fighting between the army and ethnic Kachin rebels in Myanmar’s northernmost state. Some 4,000 people have been driven from their homes since early April, according to the UN. It […]

AP Photos: Editor selections from the past week in Asia

AP Photos: Editor selections from the past week in Asia

In this Friday, April 27, 2018, file photo, North Korean leader Kim Jong Un, left, and South Korean President Moon Jae-in cross the military demarcation line to the South side at the border village of Panmunjom in the Demilitarized Zone. Kim made history Friday by crossing over the world’s most heavily armed […]

Grab beat Uber in Southeast Asia. It's just getting started

Grab beat Uber in Southeast Asia. It's just getting started

Grab made headlines last month when it announced it was buying Uber’s business in Southeast Asia, driving the ride-hailing giant out of several fast-growing markets such as Indonesia and Thailand. The Singapore-based startup is already moving on from that victory and plans to get even bigger. Grab President Ming Maa sees the company’s tens of […]

These are the most powerful militaries in Asia

These are the most powerful militaries in Asia

Russian servicemen parade with tanks during the 72nd anniversary of the end of World War II, in Red Square in Moscow. Reuters/Maxim Shemetov The arms trade is booming: The volume of international transfers of major weapons between 2013 and 2017 was 10% higher than between 2008 and 2012. Countries in Asia have been major players […]

Asia set to open mixed following some gains on Wall Street

Asia set to open mixed following some gains on Wall Street

Asia markets are set to open mixed on Thursday, likely taking cues from modest gains on Wall Street, where the Dow closed higher for the first time in six sessions. Nikkei futures in Chicago traded at 22,375 and Osaka futures were at 22,290. The Japanese benchmark index last closed at 22,215.32. Australia’s SPI futures traded […]

Grab's acquisition of Uber Southeast Asia drives into problems

Grab's acquisition of Uber Southeast Asia drives into problems

The long-rumored Grab acquisition of Uber’s Southeast Asia business may be official now, but it’s far from complete. In fact, what should be a celebratory coming-of-age moment for the Southeast Asian local champion is threatening to become nightmarish thanks to persistent regulators, panicky Uber staff and reluctant drivers who are supposed to switch to Grab […]