China’s manufacturing shows signs of life amid economic challenges
China’s manufacturing sector saw a glimmer of hope in March as activity expanded for the first time in six months, according to an official factory [more…]
Category: China
Singapore’s factory output surges in February, defying expectations
Singapore’s factory output displayed resilience in February, defying expectations and expanding by 3.8 per cent year on year. This surpassed analysts’ forecasts, which had predicted [more…]
Rollercoaster week ahead for investors as markets eye U.S. inflation data
Investors are gearing up for a potentially tumultuous week as Asian shares cautiously inched higher on Monday. The market mood remains cautiously optimistic, with hopes [more…]
Oil prices reach four-month high on supply disruptions and economic growth signs
In a surprising turn of events, oil prices surged approximately 2% to reach a four-month high on Monday, driven by a combination of factors including [more…]
Crude oil prices dip despite China’s growth plans and OPEC+ cuts
In a twist of market dynamics, crude oil futures experienced a slight downturn for the second consecutive day on Tuesday. Despite China’s optimistic pledge to [more…]
South Korea’s exports surge for fifth straight month, fueled by chip shipments
South Korea’s exports continued their upward trend in February, marking the fifth consecutive month of growth. The country’s outbound shipments totaled US$52.4 billion, a 4.8 [more…]
Bitcoin and Ether soar in February surge, setting stage for halving-driven rally
Cryptocurrency prices surged on Thursday as bitcoin and ether headed for a successful month, reflecting renewed investor interest and market optimism. According to Coin Metrics, [more…]
CLP Holdings reports strong profit growth in 2023, falls short of market expectations
CLP Holdings, the leading power utility in Hong Kong with significant operations in Australia and India, announced a remarkable sevenfold increase in profits for 2023. [more…]
Malaysia’s Ringgit hits lowest level since Asian financial crisis
Malaysia’s ringgit took a bit of a tumble on Tuesday, hitting its lowest level since the Asian financial crisis. The currency’s not having the best [more…]
Mexico surpasses China as top source of U.S. imports for first time in over two decades
The winds of trade are shifting, as Mexico emerges as the United States’ leading source of imported goods, surpassing China for the first time in [more…]