US targets global sanctions evasion network supporting Russia

WASHINGTON, Feb 1 (Reuters) – The United States on Wednesday imposed sanctions on 22 individuals and entities in multiple countries that it accused of being tied to a global sanctions evasion network supporting Russia’s military-industrial complex. The sanctions, which come as Washington looks to increase pressure on Moscow over its invasion of Ukraine, are part … Read more

Asian shares jump, dollar eases after Powell comments

SINGAPORE, Feb 2 (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite and hope that the US central bank will soon end its monetary tightening streak. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.84% ​​higher, … Read more

Stocks firm, dollar on edge ahead of Fed decision

US wage growth moderates, Wall Street rallies MSCI AxJ index up 0.6%; dollar flat All eyes on 1900 GMT Fed announcement SINGAPORE, Feb 1 (Reuters) – Asia’s stock markets steadied on Wednesday, with signs of a slowdown in US wages bolstering hopes that the Federal Reserve could hint at an end to interest rate hikes … Read more

For ASEAN countries, IMF sees slower global growth outweighing China reopening

SINGAPORE, Jan 31 (Reuters) – The International Monetary Fund’s chief economist said on Tuesday that Singapore and other Southeast Asian economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China’s economic reopening. Pierre-Olivier Gourinchas told a news briefing on the IMF’s latest global growth forecasts … Read more

Asia shares turn cagey as rate hikes, earnings loom Fed seen hiking 25bp this week, ECB and BOE by 50bp Tech giants lead host of earnings results China shares up as holiday travel surges SYDNEY, Jan 30 (Reuters) – Asian shares turned cagey on Monday ahead of a week that is certain to see interest rates rise in Europe and the United States, … Read more

In Beijing’s backyard, the US demonstrates its military might

ABOARD THE NIMITZ, South China Sea, Jan 27 (Reuters) – Over a few hours under gray skies, dozens of combat planes and helicopters roar on and off the flight deck of the aircraft carrier Nimitz, in a demonstration of US military power in some of the world’s most hotly contested waters. MH-60 Seahawk helicopters and … Read more

No GLOBAL MARKETS report from Asia on Jan. 24

There will be no Global Markets report from Asia on Tuesday, Jan. 24, as markets in China, Hong Kong, Singapore, Malaysia, South Korea and Taiwan are all closed. Reports will resume on Jan. 25. Reporting by Herbert Lash, additional reporting by Elizabeth Howcroft in London, Editing by Christina Fincher, Chizu Nomiyama, Sharon Singleton, Nick Zieminski … Read more

Asian stocks edge up, dollar sags as markets mull Fed risks

TOKYO, Jan 20 (Reuters) – Most Asian equity markets edged higher on Friday, while the US dollar hung near its weakest level since May, with investors fretting about the risks of a global recession as the Federal Reserve presses on with interest rate increases. US Treasury yields remained elevated in Tokyo after bouncing off four-month … Read more

Asian shares cautious, BOJ faces crunch policy decision BOJ under intense pressure as it defends yield policy BOJ capitulation could lift yen, hurt world bonds More earnings ahead, many central bank speakers SYDNEY, Jan 16 (Reuters) – Asian shares started cautiously on Monday as investors waited nervously to see if the Bank of Japan (BOJ) will defend its super-sized stimulus policy at … Read more

Nine dead, more casualties expected after tornadoes rip through US Southeast

ATLANTA, Jan 13 (Reuters) – At least nine people died in tornadoes that destroyed homes and knocked out power to tens of thousands in the US Southeast, local officials said on Friday, and the death toll in hard-hit central Alabama was expected to rice. The storms on Thursday stretched from Mississippi to Georgia. At least … Read more