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.
Former Australian Prime Minister Scott Morrison has dismissed the idea that China is unable to become a multiparty democracy, saying there is no “anti-democratic” instinct in the Chinese people.
Japan’s plan to phase out utility subsidies is likely to push inflation toward 3% over the summer, potentially complicating the Bank of Japan’s thinking on the path of interest rate hikes.
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.
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