The looming meeting between President Donald Trump and North Korean leader Kim Jong Un could alter Asia’s security landscape regardless of whether the politicians reach an agreement or not. At the heart of any potential deal is the definition of denuclearization. Pyongyang has previously said it may only dismantle nuclear weapons if Washington removes its […]
Read moreThe Indonesian rupiah was at its strongest in four weeks after the country’s central bank raised interest rates again on Wednesday — barely two weeks after another such hike. Bank Indonesia, in a widely expected move, increased interest rates by 25 basis points in another attempt to curb the weakness in the rupiah. That followed […]
Read moreChina reported on Thursday that factory activity grew more than expected in May, with the official manufacturing Purchasing Managers’ Index (PMI) coming in at 51.9 — the highest level since October 2017. The Chinese manufacturing PMI was forecast to dip to 51.3 in May from 51.4 in April, according to a poll of economists by […]
Read moreAsian stocks looked set to rebound on Thursday as global markets recovered after recent fears about Italy faded. Futures tipped higher opens for markets in Australia and Japan: Nikkei futures traded in Chicago were up 0.98 percent compared to the index’s Wednesday close and Australian SPI futures were higher by 0.67 percent at the end […]
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