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Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market.
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SINGAPORE -- The city-state on Tuesday upgraded its full-year economic growth projection for 2024 to 2% to 3% from the previous range of 1% to 3%, projecting a gradual recovery in the manufacturing sector.
TOKYO -- Asian currencies are strengthening against the dollar across the board as market watchers see a potential rate cut by the U.S. Federal Reserve paving the way for Asian central banks to do the same.
India views the events in Bangladesh as a setback for security, trade and connectivity and a possible loss of influence.
A group of senior Biden administration officials is traveling to Shanghai this week for a round of high-level meetings intended to keep the economic relationship between the United States and China on stable footing amid mounting trade tensions between the two countries.
China's bond market, the world's second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is struggling.
The sudden exit of Bangladesh’s Prime Minister Sheikh Hasina from the country in the wake of mass student protests is threatening to become one of India’s worst foreign policy headaches that is likely to test all of its capability to resolve.