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February, 25, 2017

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Business > Asia > Asian Market
Asian markets struggled Thursday as investors put the brakes on a Trump rally that has inflated global stocks, while Japanese car giant Nissan fell after Carlos Ghosn, the man considered its savior, stepped down as CEO.
 
Asian markets dipped Tuesday after a three-day rally but analysts said there was likely room for further gains as traders bet President Donald Trump will help fire up the U.S. economy.
 
Trump in Asia: Region poised for change as new era dawns
People across Asia are poised for a potentially dramatic change in relations with Washington under President Donald Trump after decades with the United States as a major military and economic presence.
 
There's a general consensus that 2016 was bad. But apparently, 2017 may even be worse, according to some forecasts in the region.
 
Rodrigo Duterte meets with 'hero' Vladimir Putin
Philippine President Rodrigo Duterte on Saturday met the man he calls his hero, Russian President Vladimir Putin, and unburdened his gripes about U.S. "hypocrisy," "bullying" and foreign wars.
 
The near-term growth potential for ASEAN-6 (Indonesia, Malaysia, Singapore, Thailand, Philippines and Vietnam) is 5 percent, below the 6.5-percent trend in China but well above the 1.5-percent trend in the G-3, according to Gundy Cahyadi (謝商戈), .....
 
Oil prices tumbled in Asia Friday as doubts emerged over the long-term success of a surprise OPEC agreement to cut output and stabilize the oversupplied market.
 
Rejecting TPP a risk to national security: Kerry
Secretary of State John Kerry urged Congress on Wednesday to adopt a landmark 12-nation Asia-Pacific trade deal, arguing that rejection would badly damage U.S. credibility and national security.
 
ADB expects developing Asia to remain on course
Developing economies in Asia are holding steady and will grow at the earlier forecast rate of 5.7 percent this year and next, buoyed by resilience in the region's two largest economies, China and India, the Asian Development Bank said Tuesday.
 
Singapore court grants reprieve to Hanjin
Singapore's High Court has granted a temporary reprieve to troubled South Korean giant Hanjin, allowing its ships to sail into the city-state without fear of being impounded as it struggles to settle a US$5.37-billion debt.
 
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