SEOUL, South Korea (AP) — Asian markets were mostly lower on Wednesday as jitters over trade conflicts between the world's major economies lingered. The prices of oil extended gains as the U.S. pushed other countries to but oil imports from…
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BING NEWS:
- Corporate China seeks dollars as trade tensions rise
Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign exchange rates.
11/21/2024 - 9:06 am | View Link - Are traders setting the stage for another bruising unwind of the yen carry trade?
Futures traders are piling back into bets against the Japanese yen. That’s making one longtime market watcher nervous that investors could see a repeat of the vicious unwind of the yen carry trade ...
11/21/2024 - 7:58 am | View Link - Asia markets mostly fall as investors assess Japan trade data, China lending rates
China left its benchmark lending rates unchanged Wednesday after cutting them in October, according to a Reuters poll.
11/19/2024 - 9:55 am | View Link - Asian Markets React to Yen Weakness and Prospective U.S. Rate Cut Amid Global Market Volatility
Equities across Asia experienced sharp fluctuations on Thursday as investors weighed the impact of a depreciating yen and a probable U.S. interest rate cut expected next month. The uncertainty drove ...
11/13/2024 - 3:05 pm | View Link - Asian stocks fall as China support disappoints: markets wrap
Asian shares slipped after China’s planned debt swap program looked insufficient to some investors and data showed persistent deflationary pressures.
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