Philippines stocks decrease at close of trade
On Monday, Philippines stocks slumped after the close because losses in the Services, Property as well as Industrials sectors brought stocks down…
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China's Xi ascertains Belt and Road requires rejecting protectionism
On Monday, Chinese President Xi Jinping urged key multilateral institutions to join his fresh Belt and Road Initiative, emphasizing the whole importance of rejecting protectionism in looking for global economic surge…
Chinese economy loses momentum following policymakers’ clampdown on debt risks
In April, China's surge took a step back right after a surprisingly sturdy start to 2017, as factory output to investment to retail sales all shrank because authorities clamped down on debt risks, trying to stave off a potentially damaging effect to the…
Indonesia's April import and export surge is slower than expected
In April, Indonesia's imports and exports gained more slowly than expected, while the country's trade balance turned to be smaller than last month, as the statistics bureau disclosed on Monday…
Asian stocks mostly soar notwithstanding headwinds from China data
On Monday, Asian stocks mostly added outside of Tokyo notwithstanding headwinds from a North Korean weekend missile test as well as worried over further spread of cyberattacks worldwide…
Crude leaps after Russia and Saudis tell supply cut could be extended to March 2018
On Monday, crude prices soared after the energy ministers of number one crude producers Saudi Arabia and Russia told that an OPEC-led crude output cut would be potentially extended from the middle of 2017 until March 2018…
In Asia yen holds revenues on producer prices
On Monday, the Japanese yen held profits in Asia because producer prices inched up more than observed…
Gold tacks on in Asia on geopolitics
On Monday, gold managed to tack on in Asia because North Korea shocked financial markets with a statement that its recent missile test was quite capable of carrying a huge nuclear warhead and market participants were also concerned with the potential…
German economy is pushed into higher gear by broad-based upswing
The German economy gained speed during the first quarter of 2017, powered by higher investment in machinery, construction and equipment, sturdy household as well as state spending, not to mention strong exports, as the Federal Statistics Office disclosed…
European shares start higher with earnings data on tap
On Friday, European stocks started higher, following upbeat German economic surge data…
Crude holds profits in Asia ahead of American rig count data
On Friday, crude held profits in Asia ahead of American rig count data with financial markets in a holding pattern ahead of a May 25 gathering of OPEC as well as non-OPEC nations in Vienna expected to extend a pact to tame crude output…
Asian stocks mostly decline with Hong Kong and Shanghai up
On Friday, Asian stocks mostly slid, with China bucking the trend because market participants look ahead to a gathering of top finance officials from the world's key economies this weekend in Italy…
