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Global Markets
Bitcoin’s Trump-inspired rally is bad news for Korean small-caps
“Because the Kosdaq market is doing terribly, people are heading to the coin market.” Trading activity on Korean crypto exchanges now outstrips volumes for the benchmark Kospi stock index.
3 days ago
Global Economy
One of the world's most stubborn central banks gives in
SINGAPORE (July 22): Asia’s most stubborn central bank just reversed course. With the US Federal Reserve all but certain to renew its easing cycle at the end of the month, the Bank of Korea (BOK) preemptively cut its benchmark interest rate to 1.5% from
July 19, 2019
Global Markets
Indonesia’s still a darling for investors shrugging off earnings
JAKARTA (May 5): Two thirds of Indonesia’s major companies missed earnings estimates in the first quarter, but that’s done little to stop investors from pouring into this enduring emerging-market darling.
May 05, 2017
Global Markets
US$165 bil money manager says Japanese stock gloom is overdone
TOKYO (April 17): Japanese stocks have been battered so badly that they’re too cheap to ignore, says the US$165 billion ($230.3 billion) investor Pictet Asset Management Ltd., after the Topix index tumbled to its fifth straight weekly loss.
April 17, 2017
Asia’s stock gauge fluctuates as Japan drops, China advances
SYDNEY / TOKYO (May 23): Asia’s benchmark stock index swung between gains and losses as Japanese shares fell as the yen advanced, offsetting gains in Chinese and Taiwanese shares.
May 23, 2016