Gold ascends in Asia on solid China GDP and Korean tensions
On Monday, gold surged solidly, as China GDP came in better than expected, while tensions on the Korean peninsula backed demand…
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Greenback hits five-month minimum vs. yen as North Korea tensions mount
On Monday, the major American currency dropped to a five-month minimum against the Japanese yen because strengthening tensions over North Korea kept the yen in demand…
China’s first-quarter GDP ascends faster than expected
China's economy managed to rally 6…
BOJ will offer brighter view of economy
At its next rate review the Bank of Japan is supposed to offer a more positive view of the Japanese economy than it did the previous month, as sources familiar with the matter told, as strong exports along with factory output back revival in the…
Japan March exports rise for fourth month
In March, Japanese exports were expected to ascend for a fourth straight month due to decent global demand, while imports seemed to earn at their fastest for three years as crude prices added, as a Reuters poll disclosed…
Kia and Hyundai will fall far short of China sales objective on political row
Hyundai Motor Co along with Kia Motors Corporation expect it’s going to be difficult to sell 1 million cars in China this year because of political tension…
Toshiba chip unit might count on Apple’s multi-billion dollar investment
Apple Inc is actually considering investing at least several billion evergreen bucks in the chip business put up for sale by Japanese Toshiba Corporation…
Loan surge stalls notwithstanding revenue at some American banks
On Thursday, huge American banks have disclosed more evidence of a slowdown in loan surge in their earnings reports, although executives assured there’s still healthy demand from borrowers as well as no reason to worry about the state of the American…
Asian shares head south on geopolitical concerns
On Friday, Japanese along with South Korean stocks dropped, while the South Korean won came under pressure, affected by ascending geopolitical tensions in the Korean peninsula…
Greenback is set for weekly losses
On Friday, the US dollar nursed losses, staying on track for a losing week because geopolitical tensions backed the perceived safe-haven Japanese currency…
China urges banks to come clean on misdemeanors
China's banking regulator has already ordered lenders to conduct a series of checks on improper trading, innovation and charges and incentives, in accordance with a document seen by Reuters…
China's economic picture improves on trade data
China's 2017 export outlook considerably improved on Thursday because it reported forecast-beating trade surge in March and Donald Trump softened his anti-China rhetoric in a sudden policy shift…
