Asian Stocks to Rise After US Gains, China Support: Markets Wrap
Asian stocks were mostly higher in early trading after US equities notched a fresh record amid resilient corporate earnings and as China took steps to shore up its property market.
Asian stocks were mostly higher in early trading after US equities notched a fresh record amid resilient corporate earnings and as China took steps to shore up its property market.
Oil steadied after a weekly gain as geopolitical risks in Russia and the Middle East came back into focus following attacks over the weekend.
Western Asset Management Co. is betting that 30-year Japanese government bond yields won’t rise as much as shorter maturities as the Bank of Japan is less likely to cut holdings of ultra long-term debt.
Rescue teams are searching into the night to try to locate Iranian President Ebrahim Raisi after his helicopter crashed on his way back from a visit to the country’s northwest.
Australia’s market watchdog has told banks they are falling short with support they give to people struggling to pay their mortgages.
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