China May Release More Than CNY6T for Local Debt Restructuring
China’s large-scale local government debt-restructuring program could exceed CNY6 trillion over several years, Morgan Stanley economists write …
Singapore Dollar Steady, Underpinned by MAS’s Appreciation Stance on Policy Band
Singapore dollar was steady against its U.S. counterpart after choppy trade earlier, after the Monetary Authority of Singapore decided to keep it…
The Fed’s Has a Dependency Problem That Needs Fixing
The U.S. central bank needs to kill its policy of “data dependency”—and get investors thinking about the bigger picture.
Hong Kong Shares Fall, Weighed by Consumer, Pharma Stocks
Hong Kong’s Hang Seng Index fell 0.3% to 21196.29, weighed by consumer and pharma stocks.
Most Asian Currencies Weaken on Lack of Details on China Stimulus
Most Asian currencies weakened against the dollar on the lack of details from China’s Ministry of Finance on its fiscal support over the weeken…
South Korea’s Kospi 0.9% Higher; Financial, Chip Stocks Advance
South Korea’s benchmark Kospi rose 0.9% to 2620.93 in early trade as financial and semiconductor stocks advanced.
Gold Falls in Possible Technical Correction
Gold fell in early Asian trade amid a possible technical correction after the precious metal rose for a fifth straight week on Friday.
Oil Slips on Concerns Over Potential Surplus
Oil slipped in early Asian trade. The market faces risk of a major correction in coming months, TD Securities said.
Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.
Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s interest rate path, it may not stop…
Netflix results are due. Wall Street wants it to raise prices
Ahead of Netflix’s NFLX results on Thursday, Wall Street was wondering about something that would have a more immediate financial impact to its viewers: When…