The Manila Times

Asian stock markets extend rally

- AFP

HONG KONG: Tokyo and Hong Kong led another rally across Asian markets on Tuesday, extending a global advance at -

While there were limited concerns about its likely economic impact, a deal in Washington that ended a US government shutdown also removed uncertaint­y and pro

Democrats on Monday agreed to a Republican deal that brought an end to the three-day federal agreement, which keeps the govern an extra nudge to Wall Street’s three main indexes, which all set new

But Stephen Innes, head of Asia deal was “a matter of kicking the given the partisansh­ip in Congress, “we should expect another contentiou­s affair if both parties don’t resolve the critical stumbling blocks

Still, equity markets remain upbeat, having surged in recent weeks on the back of a strong global economy, hopes for strong corporate

Sentiment was bolstered by a report from the Internatio­nal Monetary Fund raising its world growth outlook and predicting at least a short-term boost from the

On Tuesday, Hong Kong continued to prod new records, surging -

There were also rises in Taipei,

Eyes are now on the Bank of Japan, which on Tuesday concludes a policy meeting that many hope will provide some fresh clues about the outlook for

No moves are expected from the central bank but the board could provide some forward guidance on its stimulus programme as it edges towards a more convention­al monetary

The dollar continues to hold up against the yen, though it is struggling against the euro as the European Central Bank considers its own tightening while Germany is on course to end months of uncertaint­y

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