SYDNEY. —Asian shares inched ahead on Wednesday while the dollar and commodities held gains as investors shook off disappointment about U.S. President Donald Trump’s failed healthcare bill and focused on an improving outlook for global growth.
SINGAPORE - Asian stocks advanced on Tuesday after Wall Street stabilized and the dollar was steady, as anxiety over Donald Trump’s setback on healthcare reform gave way to tentative hopes for the US president’s planned stimulus policies.
HONG KONG - The ever-closer relationship between Chinese companies and banks can be a toxic mix. A growing number of companies in the People’s Republic are buying into local lenders that need to raise capital. The interdependence is risky.
Most Southeast Asian stocks recovered on Tuesday from the previous session’s losses, in line with broader Asia, as investors pinned their hopes on US President Donald Trump’s stimulus plans after the healthcare policy setback.
NEW YORK. —The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.
HONG KONG - US stock futures and the dollar fell on Monday while Asian markets struggled as President Donald Trump’s failure on healthcare reform raised questions about his ability to push through tax cuts and fiscal spending to boost the economy.
Most Southeast Asian stock markets were cautious on Monday, in line with Asia, as a failure by US President Donald Trump in getting a crucial healthcare bill passed raised concerns about his plans of using fiscal stimulus to boost economic growth.
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