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...and Asian Development Bank was “out of step” with the wishes of most of their shareholders....
...The AIIB is also in discussions with the Asian Development Bank and Inter-American Development Bank about similar projects, AIIB president Jin Liqun told the Financial Times....
...China’s onshore renminbi was largely flat, edging down 0.01 per cent to Rmb7.23 ahead of the daily rate fixing announcement from the People’s Bank of China....
...The People’s Bank of China set the trading band for the renminbi at around Rmb7.0996 a dollar, stronger than estimates....
...If that trend continues into next week, I wouldn’t be surprised if the central bank raises rates.” Bank Indonesia is scheduled to hold a monetary policy meeting on April 23 and 24....
...Asian equities were mixed during early trading on Thursday after China’s central bank announced measures to increase liquidity in the country’s financial system....
...Japan’s Topix was the only major Asian benchmark index to notch gains on Tuesday following the country’s central bank’s decision to raise interest rates for the first time since 2007....
...Commonwealth Bank of Australia, the country’s largest bank, ended the day on a record after gaining 1.8 per cent....
...Yet the survey showed south-east Asians did not want to choose sides at all....
...Asian stocks rose on Wednesday, tracking Wall Street higher as investors bet that further US interest rate rises next year are increasingly unlikely....
...Asian equities were mixed on Monday morning after Wall Street stocks closed at a record high the previous Friday and investors look ahead to a week of central bank meetings....
...So far, the foundation has donated $3mn to a collaboration between the World Bank and the Indonesian government to provide better nutrition and train “human development workers” in about 75,000 villages....
...Hong Kong’s Hang Seng index rose 1.8 per cent and China’s CSI 300 added 1.7 per cent after a Wednesday announcement from the People’s Bank of China that said it would lower the reserve requirement ratio....
...Asian equities diverged on Thursday afternoon, with Chinese, Hong Kong and South Korean stocks making gains while the rest of the region’s indices traded lower....
...Japanese equities fell ahead of a decision from the country’s central bank on whether to raise rates for the first time since 2007, but losses were larger for other major Asian bourses in early trading....
...Meanwhile, tracking flows in and out of Asian equities is silly, as I’ve also written previously....
...Asian stocks declined on Tuesday, following US and European stocks lower as markets reacted to hawkish central bank signals on interest rates....
...Asian markets followed Wall Street higher on Friday morning, after the US Federal Reserve signalled a series of interest rate cuts next year....
...Asian equities were muted in afternoon trading, with Hong Kong leading gains in the region despite paring back its gains from earlier in the day....
...Huge bets by Chinese speculators on rising gold prices have helped super-charge the precious metal’s rally to an all-time high this month, in a sign that Asian traders are beginning to eclipse their western...
...Chinese equities led Asian markets lower on Thursday, as investors reacted to minutes from the US Federal Open Market Committee’s latest meeting that signalled interest rates could remain elevated for longer...
...The yen weakened past ¥155 a dollar ahead of the Bank of Japan’s interest rate announcement on Friday....
...Speaking at the lender’s annual general meeting in Basel on Wednesday, Kelleher argued that holding additional capital would put Swiss banks at a disadvantage to US and Asian competitors....
...Female employment ratios in many south Asian countries, including India, are among the lowest in the world, at less than 40 per cent. “A job is so much more than just an income,” Ohnsorge said....
...On Thursday the IMF said Asian central banks should reach policy decisions based on domestic inflation, rather than making them “overly dependent on anticipated moves by the Federal Reserve”....
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