Asia
Latest News
More
GMF LENS Japan's steep yield curve opens 'reverse carry' trade opportunity, Eastspring says
Sept 22 - A rise in Japanese bond yields is creating a "reverse carry" opportunity for overseas investors as Bank of Japan interest-rate hikes make the traditional yen-funded carry trade less compelli

Indian shares likely to open higher on easing oil prices, bond yields
Sept 22 (Reuters) - Indian shares were likely to open higher on Tuesday, following gains in Wall Street and Asian stocks, as easing crude prices and Treasury yields supported investor sentiment ahead

Bangladesh raises fuel prices as Middle East conflict drives up costs
DHAKA, Sept 21 (Reuters) - Bangladesh has raised fuel prices by up to 17.4%, piling fresh pressure on consumers and businesses, as the government moved to stem mounting losses from surging global oil

Indian shares seen opening higher after selloff; higher oil, Fed caution to cap gains
Sept 16 (Reuters) - Indian shares are set to open higher on Wednesday, with the benchmarks poised for a technical rebound after the Nifty 50 (.NSEI), opens new tab closed at a five-month low in the pr

Indian central bank likely intervenes to support rupee, traders say
MUMBAI, Sept 16 (Reuters) - The Reserve Bank of India likely intervened in the foreign exchange market on Wednesday, three traders told Reuters, as elevated oil prices and a looming rate hike by the

India draws $136.38 billion in forex inflows, boosting reserves
BANGALORE, Sept 2 - India's central bank said on Wednesday it had attracted $136.38 billion in inflows under its forex swap facility as of August 31, with most of these coming via a dollar deposit sch

India cenbank announces open market sale of bonds to withdraw liquidity
MUMBAI, Sept 11 (Reuters) - India's central bank on Friday announced an open market sale of bonds, one of the most potent liquidity-draining tools, hours after its chief said in a media interview tha

Indian shares to open muted as Mideast conflict keeps oil above $100
Sept 10 (Reuters) - Indian shares are likely to be subdued in early trade on Thursday, as an intensifying Middle East conflict kept crude prices above the $100 per barrel mark, while investors awaited

Japanese Carmakers Brace for Profit Hit After Yen Strengthens
Toyota Motor Corp. and other Japanese carmakers risk taking a hit to their bottom lines after the yen strengthened to its highest level in more than six months. The currency traded just above ¥153 ag

Indian rupee's familiar push-pull set to persist with oil pressure, RBI response
MUMBAI, Sept 8 (Reuters) - The Indian rupee is likely to open little changed on Tuesday, caught once again between pressure from higher oil prices, dollar demand from companies looking to hedge their

Philippines regulator clears Mynt for up to $1.5 billion IPO
Sept 7 (Reuters) - The Philippines' securities regulator has cleared GCash parent Mynt's initial public offering that could raise up to 92.32 billion pesos ($1.48 billion), its parent Globe Telecom di

India rupee, bonds to be driven by RBI intervention, liquidity action
MUMBAI, Sept 7 (Reuters) - The Indian rupee's direction this week will hinge on whether the Reserve Bank of India sustains its dollar-selling intervention, with oil prices and U.S. interest rate expec

China's Zheng rediscovers competitive spark at US Open
NEW YORK, Sept 5 (Reuters) - Zheng Qinwen returned from elbow surgery this year feeling like she had forgotten how to compete, but China's Olympic champion said on Saturday that a run from qualifying

India's RBI taps longer-duration reverse repo to absorb liquidity; offers early exit option
MUMBAI, Sept 4 (Reuters) - India's central bank said on Friday it would conduct a 30-day variable rate reverse repo (VRRR) auction worth 7 trillion rupees ($74.09 billion) on September 7, with an earl

India central bank intervenes to protect rupee from oil strain, traders say
MUMBAI, Sept 4 (Reuters) - The Reserve Bank of India was seen selling dollars near the start of Friday's session to cushion the rupee from pressure stemming from the rise in oil prices, two traders s

Indian shares may open higher as traders trim Fed hike bets
Sept 4 (Reuters) - Indian shares were on track to open higher on Friday after four consecutive sessions of losses, as fading prospects of a U.S. Federal Reserve rate hike later this month lifted globa

Japan faces day of policy reckoning as Bessent calls time on big stimulus
ASHEVILLE, North Carolina, Aug 31 (Reuters) - When the U.S. joined Japan's efforts to shore up the yen, it wasn't for nothing. This week, U.S. Treasury Secretary Scott Bessent spelt out the terms: get

Japan's benchmark bond yield rises to 3% for first time in 30 years
TOKYO, Sept 1 (Reuters) - Japan's benchmark 10-year bond yield hit 3% on Tuesday for the first time since September 1996, pushed higher by investor concerns about inflation, fiscal health and mounting

Hims & Hers offers GLP-1 weight-loss drugs, men's health treatments in Australia
NEW YORK, Aug 31 (Reuters) - Telehealth company Hims & Hers (HIMS.N), opens new tab said on Monday it has begun offering branded GLP-1 weight-loss drugs and other treatments to men in Australia as it