DXY US Dollar Currency Index

Shares in Asia-Pacific rise as investors await release of China’s benchmark lending rate; oil jumps 2%
World

Shares in Asia-Pacific rise as investors await release of China’s benchmark lending rate; oil jumps 2%

SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade, as investors look ahead to the release of China’s latest benchmark lending rate. Oil prices also jumped more than 2%. The S&P/ASX 200 gained 0.41%, with shares of Macquarie Group and Wesfarmers both up more than 1% each. South Korea’s Kospi hovered fractionally higher. Markets […]

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Russia central bank warns of ‘large-scale structural transformation’ for economy, holds rates at 20%
World

Russia central bank warns of ‘large-scale structural transformation’ for economy, holds rates at 20%

Russian President Vladimir Putin chairs a meeting with members of the Security Council via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia February 18, 2022. Mikhail Klimentyev | Sputnik | via Reuters The Central Bank of Russia on Friday held its monetary policy steady and maintained its key interest rate at 20%, […]

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Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak
World

Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak

SINGAPORE — Shares in Asia-Pacific were mixed in Friday morning trade as the Bank of Japan held steady on monetary policy. Hong Kong’s Hang Seng index dropped 2.55% in morning trade as shares of Chinese tech titan Tencent slipped more than 4%. The benchmark index has had a volatile week so far, seeing big losses […]

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