Browsing Category
Asia
47 posts
Asian Markets Set for Messy Open After US Stocks Peak Following Biden Inauguration
MSCI's gauge of stocks across the globe gained 0.02%. Australia's ASX 200 fell 0.08% in early trade Friday.
Nissan To Close Philippines Car Assembly Operations
The closure will affect the Almera model, and 133 workers will lose jobs, Philippine Trade Secretary Ramon Lopez said in a statement.
Asian Stocks Set for Strong Start After Day of Gains on Wall Street
Asian markets were set to rise on Thursday after U.S. stocks closed at record highs on hopes that newly inaugurated US President Joe Biden would put in place further economic stimulus to offset damage wreaked by the COVID-19 pandemic.
Philippines Sees ‘Close and Friendly’ Ties With Biden Administration
Ties have been tested since Philippine President Rodrigo Duterte took office in 2016 and embarked on months of expletive-laden tirades against the United States and threatened repeatedly to scrap their bilateral military agreements.
Mainland euphoria is also spilling across the border, with a record amount of Chinese money gushing into Hong Kong-listed stocks such as Tencent Holdings and Xiaomi Corp via the Stock Connect trading scheme.
Meet Japan’s 10-Year-Old Sumo Champion
Kyuta Kumagai is a 10-year-old wrestling champion who at 187 pounds towers over his peers. A grueling training regime has put him on track to reach 'yokozuna' status.
Hong Kong Fourth Quarter 2020 Unemployment at 6.6%, Highest in 16 Years
The figure compared with 6.3% in the September-November period and was the highest since the last quarter of 2004 when unemployment hit 6.6%.