Asian stock markets extend rally
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