Most riskier dollar bonds sold by banks in the Asia-Pacific region rebounded early on Tuesday after a rout triggered by the wipeout in Credit Suisse Group’s Additional Tier 1 debt a day earlier.
A new analysis of samples taken from a market in Wuhan, China during the early days of the pandemic are the strongest evidence yet that the Covid-19 virus jumped from animals to humans, some researchers say.
Australia’s central bank will consider pausing its policy tightening cycle next month, given interest-rate settings are already restrictive and the economic outlook is uncertain, minutes of its March meeting showed.
Asian stocks advanced Tuesday following gains on Wall Street as immediate concerns over the strength of the global financial system dissipated.
South Korea’s early trade data showed a deepening slump in exports as global demand for semiconductors remains weak and China’s reopening is yet to generate any boost.
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