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ASIAN MARKETS

Asian markets tumble as geopolitical fears set in

Asian markets plunged on Tuesday as geopolitical risks pile up, from US tensions with Russia and Saudi Arabia, to trade issues and Italy's budget stand-off with the European Union. Hong Kong lost more than three per cent to wipe out its gains from the previous two trading days, while Shanghai and Tokyo were more than two per cent off. The losses brought an end to a rally that was fuelled by China's top brass issuing coordinated statements of support for the country's markets and officials unveiling tax cut plans.…

Asian markets sink on fresh trade fears after Trump remarks

Hong Kong and Shanghai led a broad sell-off across most Asian markets Monday after Donald Trump threatened to impose tariffs on all Chinese imports, ramping up fears of an all-out trade war between the world's top two economies. The president's comments Friday added to the uncertainty on trading floors, which have also been hit by concerns of a brewing financial crisis in emerging markets. They also overshadowed data showing a bigger-than-forecast jump in US jobs creation for August and sent all three main indexes on Wall…

Asia shares pare gains; Treasury yields, oil off highs

SINGAPORE: Asian shares lost some of their recent gains on Friday, after lackluster sessions on Wall Street and Europe, while 10-year US Treasury yields and crude futures pulled back from multi-month highs hit overnight. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.6 per cent, but remained on track to end the week up 0.6 per cent. Japan's Nikkei .N225, which jumped to an 11-month high on Thursday, slipped 0.6 per cent on Friday. It is set for a weekly gain of 0.1 per cent. South…

US Treasury yields subside to take dollar off 13-and-a-half year peak

TOKYO: US Treasury yields eased on Thursday as a week-long surge that followed Donald Trump's shock election win subsided further, dragging the dollar off a 13-1/2 year peak set overnight and nudging Asian stocks a touch higher. Spreadbetters saw the modest bounce for equities continuing in Europe, forecasting a slightly higher open for Britain's FTSE .FTSE, Germany's DAX .GDAXI and France's CAC .FCHI. Japanese government bond yields also fell back from multi-month highs after the Bank of Japan conducted a special…

Asian shares edge up as investors cautiously optimistic on Clinton win

SINGAPORE: Most Asian stock markets rose on Tuesday ahead of the US presidential election, with investors optimistic but cautious over improving prospects for a win by Democrat Hillary Clinton. The Mexican peso, which strengthens as the perceived chances of an election victory by Republican Donald Trump fall, retained its strong gains from Monday. The dollar, which also advanced on Monday, edged slightly lower. Boosting Clinton's chances of winning, and markets globally, was a statement by the US Federal Bureau of…