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Asian Stocks

Asian stocks pull ahead as dollar edges back, US yields resume climb

SINGAPORE: Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets. The respite for Asian assets may be short-lived, however, with US Treasury yields resuming their climb after the holiday as investors bet that President-elect Trump will adopt policies that increase spending and debt, as well as spur higher growth and inflation. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3…

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 stocks mixed as Nikkei, dollar dip

HONG KONG: Asian markets were mixed Thursday following a record close on Wall Street, while profit-taking sent Japan's Nikkei to its first loss since last week and the dollar retreated after breaking 115 yen.