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The Observatory has often been under fire for either overstating or underestimating a typhoon’s impact. However, it is best to err on the side of caution.
The Hong Kong stock exchange has delayed both the securities and derivatives markets on Friday morning due to the approaching Super Typhoon Saola. The Hong Kong Observatory said storm... -Today at 07:26 pm- MarketScreener
Asia-Pacific markets were largely higher as China’s factory activity expanded in August and traders look to a slew of other economic data in the region.
Asia-Pacific markets were largely higher as China’s factory activity expanded in August and traders look to a slew of other economic data in the region.
Asian shares are trading mixed as investors looked toward a United States jobs report being released later in the day. Shares rose Friday in Tokyo and Shanghai, while falling in Sydney. They were little changed in Seoul. Trading was halted in Hong Kong because of an approaching typhoon. Schools and businesses remained shut as an official warning was issued about Super Typhoon Saola. Later in the day, the U.S. government will report employment data for August. Wall Street closed lower Thursday. Market jitters over the possibility that the Federal Reserve might have to keep interest rates higher...