Asian Financial Markets

Asian Financial Markets Open Cautiously Amid China’s Underwhelming Finance Briefing, Dropping Factory Prices

The global financial markets kicked off the week on a cautious note as uncertainty over China’s economic recovery deepened following a lackluster briefing from the country’s Finance Ministry. The weekend update from China’s Finance Minister Lan Fo’an, which fell short...
US dollar

Dollar Extends Gains Amid Asia Trading, Overshadowing China’s Weekend Stimulus Announcements

In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
Monetary Authority of Singapore (MAS)

Singapore’s Central Bank Holds Firm on Monetary Policy Amid Global Easing Trends

The Monetary Authority of Singapore (MAS) held its monetary settings steady, reflecting the nation's steady economic performance in the third quarter of 2024. As economies worldwide are adopting more relaxed monetary policies in response to cooling inflation, Singapore's decision to...
electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in Tokyo

Asian Markets Wobble Amid Thin Holiday Trade, Investors Awaiting China’s Stimulus Clarity

Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

Goldman Sachs Raises China’s Growth Forecasts for 2024 and 2025 Following New Economic Stimulus Measures

Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
chinese stocks

Chinese Stocks Rally After Promised Property Sector Support and Hints at Fiscal Stimulus

Chinese stocks surged on Monday, following a weekend announcement by the Ministry of Finance that promised new measures to support the troubled property sector and suggested the potential for increased government borrowing. The pledge to offer financial backing and explore...
Myanmar's Permanent Secretary of Foreign Affairs Aung Kyaw Moe, Philippines President Ferdinand Marcos Jr, Singapore's Prime Minister Lawrence Wong, Thailand's Foreign Minister Maris Sangiampongsa, Vietnam's Prime Minister Pham Minh Chinh, United Nations Secretary-General Antonio Guterres, Laos' Prime Minister Sonexay Siphandone, Malaysia's Prime Minister Anwar Ibrahim, Brunei's Sultan Hassanal Bolkiah, Cambodia's Prime Minister Hun Manet, Indonesian Vice President Ma'ruf Amin and Prime Minister of Timor-Leste Xanana Gusmao pose for a photo at the 14th ASEAN-United Nations (UN) Summit at the National Convention Centre, in Vientiane, Laos, October 11, 2024. REUTERS

Southeast Asian Leaders Urge Swift Agreement on South China Sea Code and Call for Peace in Myanmar

At the Association of Southeast Asian Nations (ASEAN) summit, held in Laos, regional leaders voiced strong demands on two pressing issues: the need for a swift agreement on a code of conduct in the South China Sea and the immediate...
Taiwanese Airspace

Chinese Aircraft Carrier Near Taiwan Raises Concerns of New War Games

Taiwan's defense ministry reported on Sunday that a Chinese aircraft carrier group sailed into waters south of the island, stoking fears of another round of Chinese military exercises. The report comes amid heightened tensions between Taipei and Beijing, particularly in...
Sniper Advanced targeting Pod

Malaysian FA-50M and F/A-18D Hornet Jets to Use Lockheed’s Sniper Targeting System by 2026 for Enhanced Precision

The Royal Malaysian Air Force (RMAF) is set to receive its first batch of four FA-50M light combat aircraft, a highly anticipated development that marks a significant modernization step for Malaysia's defense capabilities in October 2026. These aircraft, part of...
US Secretary of State Antony Blinken attends the 19th East Asia Summit during the 44th and 45th Association of Southeast Asian Nations (Asean) Summits in Vientiane, Laos, on Friday. Reuters.

US accuses Russia and China Block Consensus Statement at East Asia Summit Over South China Sea

Russia and China jointly blocked a proposed consensus statement at the East Asia Summit (EAS) in Laos, citing objections over specific language on the disputed South China Sea. The draft, prepared by Southeast Asian nations, was a product of extensive...
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