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Asian stocks higher after Wall Street rally

Last Updated: Thursday, June 11, 2015, 13:16

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.

Dollar steady after Obama denies surging unit comment

Last Updated: Tuesday, June 9, 2015, 12:43

In Tokyo afternoon trade, the US unit fetched 124.45 yen, against 124.47 yen in New York and 125.52 yen in Tokyo earlier Monday.

Asia stocks mostly down, euro sinks as Greece delays payment

Last Updated: Friday, June 5, 2015, 10:25

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

Asian shares pare losses as China markets rally

Last Updated: Monday, June 1, 2015, 12:31

MSCI`s broadest index of Asia-Pacific shares outside Japan was nearly flat in late afternoon trading, after early dropping to its lowest intraday level since April 7. 

China stocks extend selloff, keep Asia in check

Last Updated: Friday, May 29, 2015, 10:43

In choppy trade, the Shanghai Composite Index was down 3.9 percent after diving nearly 7 percent on Thursday, when investors dumped stocks after more brokers tightened margin trading requirements.

APEC trade chiefs vow to speed up work in WTO

Last Updated: Sunday, May 24, 2015, 21:12

Trade ministers from 21 Asia-Pacific countries Sunday issued strong support to the World Trade Organization's efforts to boost global trade amid a flurry of regional free trade agreements.

US Senate reaches deal on trade fast-track after setback

Last Updated: Thursday, May 14, 2015, 09:17

US senators reached a deal Wednesday that would help grant President Barack Obama authority to quickly complete a huge Pacific trade accord, one day after Democrats blocked the measure.

Barack Obama defends Pacific trade deal

Last Updated: Friday, April 24, 2015, 06:39

US President Barack Obama on Thursday faced down criticism from his own supporters over a looming Pacific trade deal, saying he had no intention of selling American workers out.

Aegis opens development centre in Malaysia; expands workforce

Last Updated: Thursday, April 23, 2015, 15:56

Essar Group's BPO arm Aegis has opened a new development centre in Malaysia, as it enhances its focus on emerging markets in Asia-Pacific.

Asia Pacific sovereigns, including India, resilient to shocks: Moody's

Last Updated: Thursday, April 23, 2015, 11:00

Rating agency Moody's on Thursday said emerging economies in Asia Pacific region, including India, have a high degree of immunity to external shocks, but will face challenges when the US Federal Reserve begins raising interest rates.

White House wants no currency provision in trade bill

Last Updated: Wednesday, April 22, 2015, 06:15

US President Barack Obama`s administration on Tuesday came out strongly against Democratic proposals to curb currency manipulation as part of a sweeping Pacific trade pact Washington is negotiating with 11 nations.

US lawmakers ease Obama`s path to trade deal

Last Updated: Friday, April 17, 2015, 03:37

Senior US lawmakers reached a deal Thursday to make it easier for President Barack Obama to negotiate a massive trade accord with 11 other Asia-Pacific nations.