Safe haven dollar firmer as Trump’s trade comments weigh on sentiment
The dollar index, which measures its value against six major peers, held steady at 97.01, trading near its highest level since Nov. 15
China’s industrial profits slow for sixth straight month, seen weakening further
Industrial profits rose 3.6 percent in October from a year earlier to 548 billion yuan ($78.92 billion), a 7-month low and a slowing from September’s 4.1 percent gain, the National Bureau of Statistics (NBS) said on Tuesday
Asia puts brave face on Trump threat, oil subdued
MSCI’s broadest index of Asia-Pacific shares outside Japan dithered either side of flat and was last up 0.2 percent
Trade between S Korea, ASEAN to top $160bn this year
SEOUL: Two-way trade between South Korea and the Association of Southeast Asian Nations (ASEAN) is expected to top $160 billion this year, a...
Oil price slump is part of broader Asian pullback
But bulging debt across many Asian economies, tightening U.S. fiscal policy and the Sino-U.S. trade war have driven investors to vote with their feet, pulling their money out of assets such as oil or Asian stocks and instead turning to safe-havens like the U.S. dollar
Oil prices stabilize after ‘Black Friday’ plunge
Front-month Brent crude oil futures were at $59.23 per barrel at 0202 GMT, up 43 cents, or 0.7 percent, from their last close
Asian shares tick up but oil rout dampens sentiment
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent, led by gains in Taiwan shares following local elections, while Japan’s Nikkei advanced 0.6 percent
BoI to spearhead govt initiative to improve ease of doing business rank
ISLAMABAD: With less than 200 days for the country to improve its ranking at the World Bank’s ease of doing business index,...
South Korean delegation to explore investment opportunities in Pakistan next month
'Korean investors are looking at Pakistan Railways as future investment prospect'
Envoy says fertile lands of Pakistan can double their yields...
Asian LNG prices dragged down by oil slide, heavy supply
Spot prices for January delivery in North Asia were estimated at $10 per million British thermal units (mmBtu), 90 cents lower than last week, according to traders
Euro, sterling steady as traders look to Brexit progress
The dollar has lost ground for two consecutive trading sessions and is drifting lower from a 16-month high of 97.69 hit earlier this month
Asian stocks fall on risks, while US closes for Thanksgiving
South Korea’s Kospi shed 0.7 percent to 2,055.30. Hong Kong’s Hang Seng index dropped 0.7 percent to 25,845.78 and the Shanghai Composite gave up 1.4 percent to 2,608.32
China wants trade talks with United States to be equal, mutually beneficial
Washington wants Beijing to improve market access and intellectual property protections for U.S. firms, cut industrial subsidies and slash a $375-billion trade gap
Pakistan, Thailand to hold FTA talks in December
A senior official of the commerce ministry said Pakistan would get benefits of $250 million after signing the FTA with Thailand
China evaluating impact from U.S. proposal to boost tech export control
On Tuesday, the Trump administration said China had failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict