The Magazine for Asian Investors
Asia On Monday, industrial production for August will be published in Singapore and the trade balance for August in Hong Kong. On Tuesday, South Korea will publish the consumer confidence index for September, and China will report industrial profits for…
The Dow closes lower as investors continue to sell stocks on recession fears after the Federal Reserve (Fed) insisted on tightening monetary policy to curb inflation. In addition, the Purchasing Managers’ Index (PMI) for the manufacturing and service sectors in…
Crude oil futures closed sharply lower on Friday as fears grew that aggressive monetary tightening by the Federal Reserve could trigger a global recession and hurt energy demand. Both WTI and Brent crude futures closed at their lowest levels since…
In Australia, the S&P/ASX 200 closed at 6,574.70, down 125.50, or -1.87%, and the All Ordinaries closed at 6,788.70, down 132.70, or -1.92%, amid fears of a rate hike after a survey showed the Reserve Bank of Australia will raise…
South Korean central bank data showed Friday (Sept. 22) that pressure on South Korean producer prices eased in August. It was the first month in almost 2 years in which producer price inflation has eased. The producer price index rose…
The core inflation rate in Singapore rose by 5.1% in August. This was mainly due to rising food and service prices. The figure was up from 4.8% in July when inflation hit a 14-year high. Last time Singapore reported a…
Vietnam’s central bank today (Sept. 23) surprisingly raised interest rates by as much as 1% to curb inflation and stabilize the dong, which fell to a record low this week. The Central Bank of Vietnam raised the refinancing rate by…
Turkey’s central bank surprised the market by cutting interest rates at its meeting yesterday, even though inflation has risen above 80% Turkey’s central bank cut its key interest rate by 1% to 12%, although inflation reached 80.21% in August, the…
Die Bank of England (BoE) hat auf ihrer gestrigen Sitzung den Leitzins um 0,50 % auf 2,25 % angehoben. Dies ist der höchste Stand seit 2008 (14 Jahre) und die siebte Zinserhöhung in Folge seit Dezember 2021. The BoE also…
Crude oil futures closed higher on Thursday (Sept. 22), boosted by recovering oil demand in China. In addition, oil supplies are expected to tighten due to the escalation of the war between Russia and Ukraine. Crude oil futures closed higher…
