Asian Stocks Rally On China Stimulus, Japan Hit By BOJ Uncertainty
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus measures, while fears of more hawkish moves from the Bank of Japan saw local stocks tumble. China’s blue-chip Shanghai Shenzhen CSI 300 index was the best performer in Asia, rallying 2% to a near five-month […]
Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited
The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the economy. The yuan was among the best performers for the day, […]