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News on Asia
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Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
OIL prices settled down more than 2 per cent on Friday as investors fretted about weaker Chinese demand and a potential…
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Trump’s win cools gold fever but longer-term outlook remains bullish
Stronger greenback and bond yields, as well as increasing confidence in US equities and cryptocurrencies, are putting the commodity under…
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China Mobile in talks to buy Hong Kong tower seized from tycoon
CHINA Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen…
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Iron ore slumps on China property concerns, firmer supply
IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the…
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Kazakhstan to Launch First Railway Tour with Uzbekistan
ASTANA – Kazakhstan will launch the Silk Road railway tour with the first Almaty – Turkistan – Tashkent – Almaty…
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Apple could be a major casualty of Trump’s China tariffs
ONE way that US president-elect Donald Trump has suggested that he will “Make America Great Again” is by imposing tariffs…
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Singapore looks to Asean neighbours for green power to meet carbon goals
SINGAPORE will increase imports of green electricity from fellow members of the Association of Southeast Asian Nations (Asean) as it…
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JPMorgan Chase’s Dimon offers a tariff tip as Trump haunts Apec CEO Summit
THE most important man at a gathering of world leaders and executives in Peru on Thursday (Nov 14) was not…
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Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks…
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Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers…
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