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Asian stocks edged lower on Friday, pausing after a strong rally this month, as investors dialled back risk ahead of a crucial weekend that could shape the trajectory of the Middle East conflict.MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.8%, though it remained near its highest level since early March. The index is…
Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…
Asian shares edged lower on Tuesday, tracking a slump in Wall Street’s technology stocks, while silver and gold steadied after a sharp pullback from record highs cooled an extraordinary rally in precious metals.Silver was the biggest mover overnight, plunging 8.7% in its steepest one-day fall since August 2020, unwinding from what had become a parabolic…
File photo (Picture credit: AP) Asian stocks climbed on Tuesday, buoyed by growing expectations that the US Federal Reserve will cut interest rates in December, while crude prices steadied as traders balanced geopolitical uncertainty with forecasts of a softer oil market next year.As per Reuters, MSCI’s index of Asia-Pacific shares excluding Japan rose 1%, led…
Asian shares held steady on Tuesday after recent strong gains, as optimism over easing global trade tensions kept investor sentiment positive. Tech stocks continued their rally ahead of key earnings from major companies this week.Expectations of potential interest rate cuts in the United States and Canada supported bond markets, while the dollar remained flat as…
