Tag - MSCI

07Apr

Stocks plunge, markets bay for rapid US rate cuts

SYDNEY: Major stock indexes plunged in Asia on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting rates as early as May. Futures markets moved swiftly to price in almost five quarter-point cuts in...

By World, , , , , 0 CommentsRead more...
17Oct

Asia stocks stall on China housing plan, ‘Trump trade’ lifts dollar

SINGAPORE: Asian shares were pinned to three-week lows on Thursday, as a housing policy briefing in China underwhelmed investors and property stocks slumped, while the euro touched an 11-week low ahead of an expected rate cut by the European Central Bank. Profit at chipmaking giant TSMC beat market expectations, and it expects revenue to rise sharply...

By Singapore, , , , , , 0 CommentsRead more...