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Feb 17, 2014

No quick rebound this time, as clouds gather over Thai economy

BANGKOK, Feb 18 (Reuters) – Any comfort investors in
Thailand draw from what happened four years ago, when economic
growth, the stock market and foreign investment all surged
despite deadly unrest in Bangkok, may be sorely misplaced.

The latest bout of political strife will delay major
government spending projects, and damage a lucrative tourism
industry. And, even if Thailand’s politics calm down, its
economy will remain handicapped by weak private investment and
rising household debt.

Feb 11, 2013

Equities, oil steady; euro dips in holiday-thinned trade

SINGAPORE (Reuters) – Oil and equities dawdled on Monday near multi-month highs scaled after robust Chinese trade data last week, while the euro slipped to a two-week low as uncertainty surrounded a political scandal in Spain and a looming election in Italy.

With the Lunar New Year holiday shutting most Asian financial centers, including those in Japan, China, Hong Kong, Singapore and South Korea, trading was light and volatile on many of those exchanges that remained open.

Jan 7, 2013

Asian shares drift, Basel ruling supports banks

SINGAPORE, Jan 7 (Reuters) – Asian stocks drifted on Monday
as investors booked profits from a New Year rally that had
pushed markets to multi-month highs, but financial stocks gained
after global regulators decided to relax draft plans for tough
new bank liquidity rules.

Commodity prices mostly held firm, supported by data showing
the U.S. economy continuing on a path of slow but steady
recovery that propelled Wall Street stocks to a five-year high.

Dec 19, 2012

Asian shares up on hopes of U.S. “cliff” deal, BOJ easing

SINGAPORE (Reuters) – Asian shares rose and the euro hovered around multi-month highs on Wednesday as signs of progress in resolving the U.S. “fiscal cliff” budget crisis boosted demand for riskier assets.

Expectations of more aggressive monetary easing under Japan’s new government also drove stocks higher, with the Bank of Japan (BOJ) starting a two day meeting on Wednesday.

Dec 19, 2012

Shares, euro up on hopes of U.S. “cliff” deal, BOJ easing

SINGAPORE (Reuters) – Asian shares rose and the euro hovered around multi-month highs on Wednesday as signs of progress in resolving the U.S. “fiscal cliff” budget crisis boosted demand for riskier assets.

Expectations of more aggressive monetary easing under Japan’s new government also drove stocks higher, with the Bank of Japan (BOJ) starting a two day meeting on Wednesday.

Dec 10, 2012

Asian shares firm as China, U.S. data brighten outlook

SINGAPORE (Reuters) – Asian shares clambered to a 16-month high on Monday as investors took heart from economic data from China and the United States that raised hopes about the outlook for growth in the world’s top two economies.

The euro was under pressure, having been knocked by the prospect of a recession in Germany and political uncertainty in Italy after Prime Minister Mario Monti, an investors’ favorite, said at the weekend he intended to resign early.

Nov 23, 2012

Global shares set for weekly gain as outlook improves

SINGAPORE (Reuters) – Asian shares marked time on Friday but were on course for a weekly gain of nearly 2 percent, after manufacturing surveys from China and the United States raised hopes that the global growth outlook is improving at last.

The euro was also enjoying a positive week, despite data on Thursday pointing to the euro zone sliding into its deepest recession since 2009, with the currency standing up around 1 percent on last Friday’s close on optimism that a funding deal for debt-choked Greece will ultimately be agreed.

Nov 23, 2012

Shares set for weekly gain as outlook improves

SINGAPORE, Nov 23 (Reuters) – Asian shares marked time on
Friday but were on course for a weekly gain of nearly 2 percent,
after manufacturing surveys from China and the United States
raised hopes that the global growth outlook is improving at
last.

The euro was also enjoying a positive week, despite data on
Thursday pointing to the euro zone sliding into its deepest
recession since 2009, with the currency standing up around 1
percent on last Friday’s close on optimism that a funding deal
for debt-choked Greece will ultimately be agreed.

Nov 16, 2012

Asia stocks steady, Nikkei rallies on easing hopes

SINGAPORE (Reuters) – Asian shares steadied on Friday after falling nearly 2 percent this week amid concerns about the looming U.S. “fiscal cliff”, while Japanese stocks rallied for a second day on expectations of further monetary policy easing after an election next month.

The yen held near a six-and-a-half month low plumbed against the dollar after Shinzo Abe, leader of the main opposition Liberal Democratic Party and likely to be Japan’s next leader, called on Thursday for the country’s central bank to adopt interest rates of zero or below zero to spur lending.

Nov 15, 2012

Asia stocks retreat on U.S. fears, yen boosts Nikkei

SINGAPORE (Reuters) – Asian stocks mostly fell on Thursday as investors reacted to the prospect of drawn-out negotiations over the looming U.S. “fiscal cliff” by shedding riskier assets, but Japanese equities bucked the trend as a sharp slide in the yen lifted exporters’ shares.

The retreat from risk also weighed on commodities, with the exception of oil, which jumped in the previous session due to rising tensions in the Middle East after Israel launched an offensive against Palestinian militants in Gaza.

    • About Alex

      "I work on the Asia Desk in Singapore, editing general and political news stories from across the region. Before coming to Asia I was Reuters Northern Ireland correspondent."
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