The market is still alert on risks of foreign-exchange intervention by Japanese authorities to prop up the yen, MUFG Bank's Michael Wan says in a research report. On Thursday, "yen strengthened from 162.83 [per dollar] to as much as 160.64, before trading at 161.28 at the time of writing," the seni…
Knowledge Atlas Technology, Horizon Robotics Lead Gains on Hang Seng Tech Index
Gold-Related Stocks Lead Gains on Hang Seng Index
LG Electronics Target Price Raised to KRW260,000 From KRW230,000 by Hana Securities >066570.SE
Malaysia's corporate earnings growth is expected to slow in 2H as rising costs and weaker sales weigh on profitability, Public Investment Bank analyst Eltricia Foong and team say in a note. While lasting peace in the Middle east remains uncertain, even if the conflict ends, oil and gas producers co…
The National Australia Bank has made "meaningful" upward revisions to its U.S. dollar projections across all major currencies, having earlier been hesitant to make changes due to the "fog of war." The key driver of the revisions is that the U.S. economy is proving much more resilient than anticipat…
Nikkei Stock Average Recoups Earlier Losses, Now 0.7% Higher at 69202.59
By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…
By Megumi FujikawaTOKYO--Japan's Finance Minister fired off yet another verbal warning to currency speculators, reaffirming her readiness to take action to prop up the yen."Our stance remains unchanged. We stand ready to take appropriate action at any time as needed," Satsuki Katayama said at a pre…
By Ronnie HaruiAsian stocks rose Friday morning as fading prospects for Federal Reserve interest-rate increases outweighed lingering concerns over excessive investment in artificial-intelligence infrastructure.U.S. employers added 57,000 new jobs in June, the Labor Department said Thursday, falling…
Gold's medium-term role as a target for asset diversification remains valid, but its price is likely to be weighed by a tougher macroeconomic backdrop, say OCBC Group Research strategists in a note. The yellow metal's demand is likely to be anchored by the official sector, with central banks indica…
Shenzhen Dobot: Buyback Shows Confidence in Robotics, Embodied Intelligence Potential
Shenzhen Dobot Shares Last 3.8% Higher in Hong Kong
Shenzhen Dobot: Repurchased Shares Worth About HK$12.6 Mln
By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…
With shares of its U.S.-listed peers rising, Australian payments provider Zip could be set for a re-rate, according to its bull at Unified Capital Partners. Analyst Jonathan Higgins reckons that Zip is now the cheapest of the so-called buy-now-pay-later providers and has the potential to rally mate…
ChiNext Price Index Opens 0.2% Lower at 4010.82
Shenzhen Composite Index Opens 0.1% Higher at 2774.16
Shanghai Composite Index Opens 0.1% Higher at 4031.34
By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…
