Asian
By Summer Zhen HONG KONG (Reuters) – Asian hedge funds delivered their strongest returns in 15 years last year, capitalising on market volatility, winners in China’s wobbly economy and opportunities in artificial intelligence (AI). The HFRI Asia with Japan Index, which tracks hedge funds that mainly invest in the region,…
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it would temper the pace of rate cuts next year, while the yen dipped after the Bank of Japan kept rates steady. The Fed’s hawkish…
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities stumbled on Wednesday while currencies were volatile as traders scrambled to contend with the political storm in South Korea, where martial law was imposed and subsequently lifted hours later. South Korea’s won strengthened in early trading buoyed by suspected intervention but remained…
By Kevin Buckland TOKYO (Reuters) -Asian stocks jumped on Tuesday led by an outperforming tech sector following record highs on Wall Street overnight, while the dollar recovered lost ground against major rivals as traders weighed the outlook for U.S. interest rates. Investors were also monitoring the political turmoil in France…
(Reuters) -U.S. trade officials on Friday announced a new round of tariffs on solar panel imports from four Southeast Asian nations after American manufacturers complained that companies there are flooding the market with unfairly cheap goods. It is the second of two preliminary decisions that President Joe Biden’s Commerce Department…
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares fell on Thursday and the dollar firmed slightly as investors pondered U.S. data that showed progress in slowing inflation had stalled even as the economy remained resilient, while rising geopolitical worries kept risk sentiment in check. With the U.S. Thanksgiving holiday likely…
By Stella Qiu SYDNEY (Reuters) – Asian shares were cautious on Wednesday as investors looked ahead to earnings results from AI darling Nvidia (NASDAQ:) where the risk of disappointment is high, while the dollar gave back a little of its recent bumper gains. The world’s most valuable company Nvidia will…
By Kevin Buckland TOKYO (Reuters) -Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump’s cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced, tracking Wall Street’s recovery from last week’s…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased while the dollar held at four-month highs on Tuesday, though all the excitement was centred on bitcoin as it soared to a record peak underpinned by investor bets on assets that are likely to benefit from Donald Trump’s election win. Investors…
By Nell Mackenzie and Kevin Buckland LONDON/TOKYO (Reuters) – European stocks rallied sharply on Monday (NASDAQ:) ahead of a busy week, while Hong Kong stocks led declines in Asia after Beijing’s latest stimulus fell short of investor expectations and bitcoin raced to another record high. European shares climbed over 1%,…
