Saturday, March 18, 2023

Tag Archives: Asia

Record Rice Harvests Seen Boosting Stockpiles to Decade High

rice asia

Rice stockpiles are poised to reach the biggest in almost a decade as record harvests boost supplies and imports decline for the first time in three years. Inventories may gain 3 percent to 100.1 million metric tons, the most since 2003, as global imports contract 7.5 percent, the U.S. Department of Agriculture says. The Thai export price, a global benchmark, …

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Asian Markets Trade Firm On Recovery Optimism

asia markets

Asian markets are mostly trading notably higher on Monday with investors picking up stocks following a rate cut by the Chinese central bank and on easing worries about the eurozone economy amid hopes of a solution to Greece’s debt woes. Though some of the markets are off their highs with a section of investors taking some profits, the mood remains …

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Asia stocks rise as China moves to boost economy

Asian Markets stocks

BANGKOK, Thailand (AP) — Asian stock markets climbed Monday after China moved to boost its economy by freeing up bank lending and hopes grew that Greece will clinch the aid its needs to avoid bankruptcy. Oil prices jumped to a nine-month high near $105 a barrel after Iran said it halted crude exports to Britain and France in an escalation …

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DBS in Conversation – Doing business in New Asia

Imagining Asia 2020: Asia is growing. But how are businesses recognizing these changes? Tan Su Shan, Group Head of Wealth Management at DBS Bank, shares how businesses have evolved to cater to the Asia giant

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Asia Stocks Equal Record Win Streak as China Pledges Help on Europe Crisis

Asia Stocks

Asian stocks rose this week, with the MSCI Asia Pacific Index equaling its longest streak of advances, as China pledged to do more to help Europe cope with the debt crisis and Japanboosted asset purchases. Cosco Pacific Ltd. (1199), the Hong Kong-listed operator of Greece’s Piraeus port, climbed 4.1 percent. Chipmakers outside Japan rallied after debt-laden Elpida Memory Inc. said it may not survive. Reliance …

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