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August, 30, 2016

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Business > Asia > Asian Market
Asian investors traded cautiously Wednesday ahead of the Federal Reserve's latest policy meeting, hoping the U.S. central bank will provide some guidance on its plans for interest rates this year.
Markets across Asia rose Monday as investors focus on key central bank meetings, and after the new head of mainland China's new market regulator hinted at more action to support volatile mainland bourses.
An early rally across Asian stock markets petered out toward the end of trade Thursday as investors turn their attention to a European Central Bank policy meeting later in the day.
Asian markets mostly fell Tuesday, with investors cashing in after enjoying their best rally so far this year, as mainland China released data showing another hefty slump in exports.
Most Asian stocks began the week in buoyant mood Monday, cheering a strong pick-up in U.S. job creation while weighing mainland China's weekend decision to lower its growth target but expand spending.
The broadly upbeat mood that has pushed global markets higher recently helped extend gains on most Asian trading floors Thursday following a lead from Wall Street.
Asian markets were searching for cues Monday after finance officials from the world's biggest economies held a weekend meeting in China that ended without any specific pledges for joint action to stimulate sagging global economic growth.
Asian stock markets mostly weaker as oil turns lower
Asian stock markets were mostly weaker on Tuesday as the price of crude oil turned lower following a surge overnight. Keeping Score
Asian stocks mostly posted strong gains on Thursday as a rebound in the price of oil and solid U.S. manufacturing data boosted European markets and Wall Street.
Malaysia and Bangladesh have finally signed a memorandum of understanding (MoU) to receive 1.5 million workers in stages over the next three years under the government-to-government (G2G) G2G Plus System.
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