Dollar near 16-month high as clues on Fed policy awaited

TOKYO (Reuters) – The dollar hovered below an almost 16-month high versus major peers on Monday, as traders awaited fresh clues on the U.S. economy after bringing forward last week bets for a Federal Reserve interest rate hike on the…

Asian stocks slump, dollar shines as inflation fears flare

TOKYO (Reuters) – Inflation fears pressured Asian stocks and buoyed the dollar on Thursday after data overnight showed U.S. consumer prices surged at the fastest pace since 1990 last month, boosting the case for faster Federal Reserve policy tightening.FILE PHOTO:…

Asia stocks relieved by payrolls, inflation test looms

SYDNEY (Reuters) – Asian shares edged up on Monday as risk assets basked in the glow of the upbeat October payrolls report, though caution was warranted ahead of a reading on U.S. inflation that could spook the rate horses.FILE PHOTO:…

Global share rally pauses in Asia as China property weighs

HONG KONG (Reuters) – Asian shares failed to latch on to a global record-setting rally on Friday, held back by Chinese property stocks, while the dollar stood tall following a week in which central banks around the world refrained from…

Record high stocks brace for Fed stimulus cut

LONDON (Reuters) – Global stock markets traded at fresh record-high levels on Wednesday while the dollar and U.S. Treasury yields ticked down as investors braced for the world’s largest economy to start cutting pandemic-era monetary stimulus.FILE PHOTO: The German share…

Australia's Macquarie raises A$1.5 billion – sources

HONG KONG/SYDNEY (Reuters) – Australian investment conglomerate Macquarie Group has priced its shares at A$194 each to raise A$1.5 billion, two people with direct knowledge of the deal told Reuters.FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group…

Asia stocks catch Wall St cheer but China caps gains

HONG KONG (Reuters) – Asian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China’s property sector hit Hong Kong and mainland markets.FILE PHOTO: A man walks past in front…

China's new home prices stall for first time since COVID-19

BEIJING (Reuters) -China’s new home prices stalled for the first time since February 2020 in September, official data showed on Wednesday, as the chill in the property market intensified amid tightening credit due to an ongoing crackdown on speculative investment.FILE…