Blog 3 Columns

Asian Stocks Rise, Nikkei At 33-Year High On Debt Ceiling Optimism 0
- Uncategorized
- May 29, 2023
Most Asian stocks rose on Monday as markets cheered a tentative deal between U.S. lawmakers to hike the debt ceiling and avert a default, with Japan’s Nikkei racing back to near 33-year highs on improved risk appetite. The Nikkei 225 was the best performer in Asian markets, up 1.4% to its highest level since July
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Economic Development In Asia Still Faces Many Challenges, China Minister Says 0
- Uncategorized
- May 27, 2023
Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Went said. Wang made the comments at the Asia-Pacific Economic Cooperation (APEC) conference in Detroit, where he met with several leaders and exchanged views on multilateral and bilateral economic and trade issues amid wider global trade rifts and
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Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag 0
- Uncategorized
- May 26, 2023
Japanese stocks moved back towards a 33-year high on Friday, outpacing their Asian peers amid increased optimism over chipmaking stocks, while Chinese markets lagged as investors fretted over slowing economic growth and worsening U.S. ties. Broader Asian stocks also ticked lower in anticipation of more cues on the U.S. debt ceiling and a potential default.
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Asian Stocks Drop Amid Default Fears, Nvidia Boosts Chipmaking Shares 0

Most Asian stocks fell on Thursday as fears of a U.S. debt default persisted amid little progress toward raising the debt ceiling, although chipmaking stocks outperformed tracking a robust outlook from Nvidia. Japan’s Nikkei 225 index rose 0.6%, supported chiefly by nearly 16% jump in semiconductor testing equipment maker Advantest Corp (TYO:6857). The stock, which

South Korea Asks US to Review China Rule For Chip Subsidies 0

South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules to limit chip investment in countries such as China, a U.S. public filing showed. In March, the U.S. commerce department proposed rules to prevent China and other countries it deems to be of concern from tapping

Crypto verse: Busy Bitcoin Births New Breed of Crypto 0

Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glasson, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its share of the overall $1.16 trillion cryptocurrency market, has swelled to 44% from 38% at the start of the year. What’s going on? Enter BRC-20,

Australia wins U.S. Support For Critical Minerals Industry 0

Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for electric cars

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy 0

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the

European Stock Futures Higher; U.S. Debt Optimism, Solid Earnings Help Tone 0

European stock markets are expected to open higher Friday, benefiting from the global optimism that a U.S. debt default will be avoided, but concerns about future growth remain. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.2% higher, CAC 40 futures in France climbed 0.3% and the FTSE 100 futures contract

Asian Stocks Rise, Nikkei At 33-Year High On Debt Ceiling Optimism 0

Economic Development In Asia Still Faces Many Challenges, China Minister Says 0

Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag 0

Asian Stocks Drop Amid Default Fears, Nvidia Boosts Chipmaking Shares 0

South Korea Asks US to Review China Rule For Chip Subsidies 0

Crypto verse: Busy Bitcoin Births New Breed of Crypto 0

Australia wins U.S. Support For Critical Minerals Industry 0

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy 0

European Stock Futures Higher; U.S. Debt Optimism, Solid Earnings Help Tone 0

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