Tag Archives: Asia Stocks

Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects

Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1.6 percent to its highest since mid-August. The index had fallen the previous day after soft consumer inflation ...

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Asia Stocks Pare Drop With Aussie as Data Spur China Policy Bets

Asian stocks outside Japan pared losses, while higher-yielding currencies got a boost after Chinese factory-gate prices equaled their biggest slump since the global financial crisis, underscoring the threat that weakness in the world’s second-largest economy poses to efforts to fight deflation. The MSCI Asia Pacific Index excluding Japan Index trimmed its retreat as Chinese shares fluctuated amid stimulus speculation. Japanese ...

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