Asia Stocks Face Drop as Trade Concerns Resurface: Markets Wrap

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Asia Cup team preview: Pakistan

Asia Cup team preview: Pakistan

A formidable team playing in familiar conditions – Pakistan are one of the big contenders to win the Asia Cup 2018. Overview There are compelling reasons to believe that Pakistan can go all the way this time, not least because of the fact that they won the ICC Champions Trophy 2017 by beating India by 180 […]

From Kazakhstan to Uzbekistan: How Cryptocurrencies Are Regulated in Central Asia

From Kazakhstan to Uzbekistan: How Cryptocurrencies Are Regulated in Central Asia

As been reported on September 2, the president of Uzbekistan, Shavkat Mirziyoyev, ordered the establishment of a state blockchain development fund called the “Digital Trust.” Earlier in September, a decree legalizing crypto trading — also making it tax-free — and mining in the country came into force, making Uzbekistan a crypto-friendly state. But how is […]

Asia Stock Rally Set to Extend; Dollar Slips: Markets Wrap

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Asia Inc second quarter profits grow at slowest pace in nearly two years as trade tensions rise

Asia Inc second quarter profits grow at slowest pace in nearly two years as trade tensions rise

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Asian companies posted their lowest profit growth in nearly two years in the June quarter and earnings are likely to come under further pressure, weighed down by the escalating U.S.-China trade war and high currency volatility, Reuters analyses showed. An analysis of about 4,000 Asian companies excluding […]

Stock markets pick up after Asia drops over Trump tariffs

Stock markets pick up after Asia drops over Trump tariffs

ASIA’S DAY: Hong Kong’s Hang Seng index tumbled 1.3 percent to 26,613.42 and the Shanghai Composite index gave up 1.2 percent to 2,669.48. Japan’s benchmark Nikkei 225, however, climbed 0.3 percent to 22,373.09 after the country’s gross domestic product surpassed expectations by growing at a 3 percent annual rate in the April-June quarter. Australia’s S&P/ASX […]

Your Tuesday News Briefing: China, Russia, Climate Change

Your Tuesday News Briefing: China, Russia, Climate Change

Asia and Australia Edition (Want to get this briefing by email? Here’s the sign-up.) Good morning. A rare rebuke of China’s human rights abuses, stalled efforts to help the developing world deal with climate change and a growing U.S. drone presence in Africa. Here’s the latest. Image CreditJohannes Eisele/Agence France-Presse — Getty Images • The […]

Asia markets mixed in the afternoon as US-China trade jitters linger

Asia markets mixed in the afternoon as US-China trade jitters linger

Wall Street ended the trading week in negative territory on Friday. The Nasdaq Composite slid by 0.3 percent to close at 7,902.54, declining for the fourth straight day and posting its worst start to September since 2008. The S&P 500 fell 0.2 percent to close at 2,871.68. The Dow Jones Industrial Average dropped by 79.33 […]

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