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ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 428.60 points or 1.56% to 27,927.47 Shanghai increased 17.74 points or 0.54% to 3,328.39 Hang Seng increased 138.08 points or 0.68% to 20,567.54 ASX 200 increased 28.20 points or 0.39% to 7,283.60 Kospi increased 4.22 points or 0.17% to 2,432.07
ASIA: BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to "overweight" on Tuesday, saying investors were realizing that the U.S. Federal Reserve may have to become more aggressive in its campaign to subdue inflation. BlackRock also said it was going "overweight" on Chinese and other
The EUR/USD pair shed some ground on Tuesday to settle in the 1.0650 price zone. The US Dollar advanced just modestly despite a clearly risk-averse e
The EUR/USD pair is down on Tuesday as risk aversion dominates financial markets. The pair slid to 1.0642 during European trading hours as mounting g
ASIA: Singapore and Malaysia have agreed to strengthen bilateral cooperation and jointly seize opportunities in the digital economy and green economy, and to work closely on data protection and cyber security. Prime Minister Lee Hsien Loong and Malaysian Prime Minister Anwar Ibrahim witnessed the signing of three agreements covering these fields on Monday, during