Asian Stocks Climb With Economic Data in Focus: Markets Wrap
Asian stocks advanced in lockstep with US equities as traders awaited a raft of economic figures over the next few days for clues on the outlook for global central bank policies.
Asian stocks advanced in lockstep with US equities as traders awaited a raft of economic figures over the next few days for clues on the outlook for global central bank policies.
The party of Guatemala’s President-elect Bernardo Arévalo was suspended by a government agency on Monday, adding uncertainty to a process marred by legal disputes and accusations of foul play.
Vietnam’s exports fell for a sixth straight month in August, extending the longest plunge since 2009 amid softer global demand for goods and China’s worsening economic outlook.
Chinese stocks added to their advance from Monday, with local media urging investors to be patient as the latest support measures work their way through the market.
India’s tax department is probing an alleged tax evasion by founder of three Indian unicorns — FirstCry.com, Globalbees Brands Ltd. and Xpressbees — , according to people familiar with the matter.
The US, Japan and South Korea held a joint military drill to practice hunting for missiles from the likes of North Korea in their first such exercise since the leaders of the three nations pledged to improve security cooperation.
Toyota Motor Corp. has suspended daytime operations at 12 of 14 plants in Japan due to an ongoing systems glitch, though it said it doesn’t suspect it’s the victim of a cyberattack.
Hindustan Zinc Ltd. is targeting a major boost in output and accelerating plans to decarbonize its operations under Chairwoman Priya Agarwal Hebbar.
Senator Chuck Schumer plans to bring together several technology industry chiefs to discuss the ramifications of artificial intelligence, including Elon Musk and Mark Zuckerberg, who have been discussing whether to bring their rivalry to a cage match.
BYD Co. reported its weakest revenue growth in more than a year in a potential sign of the damage discounting has done in China, the world’s biggest auto market.