TOKYO : Most Asia-Pacific stock markets rose on Thursday amid receding bets for a U.S. rate hike this month and relief over the passage through the U.S. House of Representatives of a bill to suspend the federal debt ceiling.A surprise swing to growth for Chinese factory activity also provided in lift to s
TOKYO : Most Asia-Pacific stock markets rose on Thursday amid receding bets for a U.S. rate hike this month and relief over the passage through the U.S. House of Representatives of a bill to suspend the federal debt ceiling.
MSCI's broadest index of Asia-Pacific shares gained 0.82 per cent, rebounding after touching the lowest level since March 22 in the previous session. "What this does is it turns the attention to the incoming data and the Fed meeting this month," Attrill added. More closely watched employment data is due this week, with the ADP survey out later in the data, followed by the monthly non-farm payrolls report on Friday.
The dollar slipped to the lowest since May 25 at 138.96 yen early in the Asian session, but rebounded to by 0.24 per cent stronget at 139.655 approaching the European morning.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks gain as Fed hike bets recede, debt vote eases nervesTOKYO : Most Asia-Pacific stock markets rose on Thursday amid receding bets for a U.S. rate hike this month and relief over the passage of the U.S. debt ceiling bill through the House.The dollar sagged to a one-week low versus the yen and hung close to Wednesday's more-than-two-month trough to the euro af
Read more »
Dollar retreats as Fed pause eyed; US debt deal clears HouseSINGAPORE : The dollar retreated from a two-week top against its major peers on Thursday as investors trimmed bets that the Federal Reserve will raise interest rates this month, though the looming debt ceiling deadline gave safe haven support to the greenback.A divided U.S. House of Representatives passed
Read more »
Asia stocks slump to monthly loss as China data disappointsSINGAPORE : Asia's stockmarkets slid toward a second month of losses in a row on Wednesday, and even the glittering Nikkei paused, as weak Chinese factory activity fed growing doubts about the post-pandemic recovery in the world's second biggest economy.MSCI's broadest index of Asia-Pacific shares outside
Read more »
Toyota flags possible leak of customer data in some countries in Asia, OceaniaTOKYO : Toyota Motor Corp said on Wednesday that information of customers in some countries in Asia and Oceania may have been left publicly accessible from October 2016 to May 2023 due to a setting error in the cloud environment. Customer information that may have been accessible externally included names
Read more »
Asia stocks, yuan slump as data dashes China hopesSINGAPORE : China's yuan hit a six-month low and Asia's stockmarkets staggered toward a second month of losses on Wednesday as weak factory activity figures offered the latest evidence that recovery in the world's second-biggest economy is faltering.MSCI's broadest index of Asia-Pacific shares outside Jap
Read more »
Toyota customers in Asia, Oceania face risk of data leak due to setting errorTOKYO : Toyota Motor Corp said on Wednesday that information on customers in some countries in Asia, excluding Japan, and Oceania may have been left publicly accessible from October 2016 to May 2023 because of a setting error in the cloud environment.Customer information that may have been accessible exte
Read more »