July 26, 2017, 10:33 am
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Business Market

Dollar recovers from 13-month

July 26, 2017
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SINGAPORE- The dollar held above a 13-month low on Tuesday after readings on US factory and services activity beat expectations ahead of the start of a Federal Reserve meeting later in the day, but Asian stocks were subdued with few catalysts to drive them.

Fed streamlines Volcker Rule

July 26, 2017
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WASHINGTON- The Federal Reserve announced that it was streamlining part of its Volcker Rule compliance regulations, providing guidelines to banks seeking more time to start up and spin off new hedge funds and private equity funds.

Asian FX steady ahead of Fed m

July 26, 2017
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Most Asian currencies treaded water on Tuesday as the dollar recovered mildly from a 13-month low, while investors refrained from taking big bets ahead of the Federal Reserve’s two-day policy meeting starting later in the global day.

Receding risk appetite ground

July 25, 2017
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SINGAPORE- Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro’s near-two-year high on the European Central Bank’s seeming lack of concern about its strength left the dollar languishing near a 13-month low.

China blue chips near 18-mont

July 25, 2017
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SHANGHAI- China’s blue-chip index hovered near 18-month highs, as institutional investors stepped up their buying into industry leading big caps, but small-cap shares continued to languish as their earnings disappointed.

SE Asia stocks trade cautiousl

July 25, 2017
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Southeast Asian stock markets were sluggish in low-volume trade on Monday, in line with Asian peers as US political uncertainties dampened hopes for quick passage of President Donald Trump’s stimulus and tax reform agendas, weighing on investors’ risk appetite.
 

Most Asian FX gain as dollar n

July 25, 2017
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Most Asian currencies edged higher on Monday, supported by the dollar’s struggles near a 13-month low against a basket of major rivals as continuing disarray at the White House dampened hopes for quick passage of President Donald Trump’s stimulus and tax reform agendas.
 

Euro rally will only speed it

July 24, 2017
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LONDON- Traders push the euro up at their own peril. The single currency’s recent broad-based strength risks depressing import prices when inflation is still too low. Any hint that a stronger exchange rate could prompt European Central Bank President Mario Draghi to leave monetary policy loose for longer will force the euro back down again.

US IPO market struggles to fi

July 24, 2017
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Underwhelming performances of Snap and Blue Apron since their high-profile market debuts, especially at a time when the US stock market is hitting record highs, is an indication that the IPO market will not be as robust as expected this year.

Asian FX lower on dollar recov

July 21, 2017
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Asian currencies were lower on Thursday as the dollar recovered from 10-month lows, while caution prevailed among investors waiting for an outcome from the European Central Bank’s policy meeting later in the day.

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Front Page

Column of the Day

Wyoming, we want our bells back!

By DAHLI ASPILLERA | July 26,2017
‘I uphold and stand for the entirety of President Duterte’s SONA... Also for his demand for the return of the Balangiga Bells whose fate I wrote about 22 years ago.’

Opinion of the Day

‘Assassination’

By DODY LACUNA | July 26, 2017
‘The possible assassination of the very popular Duterte by the CPP/NPA would likely lead to an intense civil unrest, with the military suddenly cracking down on leftist groups, the opposition and the media.’