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Asian stocks pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares (CSI300) erased early gains and fell […]
Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said. Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency project” as a way to shore up confidence in the banking system. […]
Asian stocks gained on Wednesday, as news of a working COVID-19 vaccine seemed to inoculate investors against worry about surging infections, while the kiwi leapt as traders pared bets on New Zealand imposing negative interest rates. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% . Japan’s Nikkei rose 1.8%, although most […]
Asian markets were muted in Tuesday trade as investors weighed the effect that promising news about Pfizer’s Covid-19 vaccine could have on the post-pandemic global recovery. Tech stocks sputtered. Asian Shares Hong Kong’s Hang Seng Index (HSI) gained 0.4%, losing some of the momentum it had built earlier in the morning. Japan’s Nikkei 225 (N225) rose 0.5%, also paring earlier gains. South Korea’s Kospi (KOSPI) was up […]
Asian shares and US futures rose on Monday (Nov 9) on relief the US presidential election results were finally decided, with Joe Biden the president-elect. Asian Shares Japan’s Nikkei 225 surged 1.9 per cent to 24,794.44. Australia’s S&P/ASX 200 added 1.6 per cent to 6,291.10. South Korea’s Kospi added 1.1 per cent to 2,444.13. Hong […]
Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite. Asian Shares Australian shares jumped 0.7% and MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.22% to a […]