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Investors may start shifting focus to domestic demand-reliant stocks that are poised to benefit from a strong currency after a surge in the yen took the currency past forecasts made by listed Japanese companies to calculate their corporate earning projections.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
MUMBAI: The Indian rupee is likely to extend losses on Wednesday , weighed down by a further rise in oil prices, which would test the central bank’s ability to cushion the currency. The Indian rupee is expected to open in the 94.84 to 94.86 range, per traders, having settled at 94.8175 to the dollar in the previous session.
The reuse market, including companies that collect unwanted items, is expanding amid growing demand for such services in households with few members.
The USD/JPY pair loses momentum to around 153.55 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as Bank of Japan (BoJ) policymakers opened…
HONG KONG, Sept 9 — Oil prices jumped more than one per cent towards US$100 (RM405) today and stocks struggled as...
The wealth surge of Southeast Asia’s richest man Pham Nhat Vuong this year has pushed him up in the global billionaire ranking, surpassing many major entrepreneurs including Samsung chairman Jay Y.
Vista Land & Lifescapes, the real estate company controlled by Filipino billionaire Manuel Villar, is considering selling some of its assets, including two shopping malls, to raise funds to repay a $420 million bond.
