Asian Stocks to Open Higher After US Notches Gains: Markets Wrap
Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday.
Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday.
Thailand took the first step toward legalizing casinos, as the government looks to attract high-spending tourists to support Southeast Asia’s second-largest economy while also checking revenue leak from illegal gambling.
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing.
Vietnam’s economy slowed in the first quarter, weighed by an uneven growth in exports and factory output as well as tepid consumption activity.
China will effectively fend off the spillover impact of international financial risks and strike a balance between risk prevention and opening up capital account, deputy head of the country’s foreign exchange regulator Xu Zhibin said at the annual Boao Forum.
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