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By YURI KAGEYAMA, AP Business Writer. TOKYO Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Japan's benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. |
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Many online lenders are backed by Chinese money. (File pic) HONG KONG: The spring started out rosy for the Indian arm of ClearScore, a company that offers online credit scores and loans. Within weeks, the coronavirus pandemic had taken hold, drastically changing the picture for the online lending industry in Asia. |
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"The U.S. dollar is generally weak," said Yukio Ishizuki, FX strategist at Daiwa Securities in Tokyo. "The Australian dollar has a lot of room to run because there are still a lot of shorts that need to be covered. The economy recovery story is the main factor." The Australian dollar surged more than 1% to $0. |
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"The theme of reopening optimism has its stronghold on markets going into the midweek, one to likewise inspire Asia markets gains despite the series of ongoing concerns," said Jingyi Pan, market strategist for IG in Singapore. Among such concerns are the future of the two major economies of the world, China and the U. |
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A joint survey conducted by the Ivy Alliance Tourism Consulting, China Comfort Travel Group (CCT), and Pacific Asia Travel Association (PATA), was discussed by a panel of experts during the three-day ATM Virtual event that is currently taking place. The Virtual ATM China Tourism Forum, took an.... |
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Asia faces a wave of instability unless it unites on trade, stimulus, travel and the development of a vaccine for the coronavirus, according to prominent former government officials from across the region. As Beijing reportedly threatens to renege on key components of its phase-one trade deal with.... |
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(Bloomberg) -- Asian stocks looked set to extend a global stock rally and climb for a third straight day as investors continue betting on an early economic recovery from the coronavirus pandemic. The dollar dropped. Futures pointed higher in Japan, with the yen slumping overnight. Contracts in Hong Kong and Australia also advanced. |
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A group of prominent economists, politicians and leaders, including a senior Australian public servant, are calling on the Federal Government to formally work with Asia to bring the global economy back from the "savage impact" of COVID-19. Key points: The plan calls for countries to conclude the.... |
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NEW YORK June 2, 2020 /PRNewswire/ -- With the standardization of MCX (Mission-Critical PTT, Video & Data), IOPS (Isolated Operation for Public Safety), HPUE (High-Power User Equipment) and other critical communications features by the 3GPP, LTE and 5G NR (New Radio) networks are increasingly.... |
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NEW YORK June 2, 2020 /PRNewswire/ -- With the standardization of MCX (Mission-Critical PTT, Video & Data), IOPS (Isolated Operation for Public Safety), HPUE (High-Power User Equipment) and other critical communications features by the 3GPP, LTE and 5G NR (New Radio) networks are increasingly.... |
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Asia Injury Prevention Foundation, The Solidarity Centre and US Agency for International Development is set to launch a three-year campaign to facilitate road safety of garment workers from 30 factories in select provinces. A statement released yesterday said the initiative will be advocating for.... |
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NEW YORK June 2, 2020 /PRNewswire/ --Â With the standardization of MCX (Mission-Critical PTT, Video & Data), IOPS (Isolated Operation for Public Safety), HPUE (High-Power User Equipment) and other critical communications features by the 3GPP, LTE and 5G NR (New Radio) networks are increasingly.... |
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A 338-year oxygen isotope record from teak tree-ring cellulose collected from Mae Hong Son province in northwestern Thailand was presented. The tree-ring series preserves the isotopic signal of the regional wet season rainfall and relative humidity. Tree-ring δ 18 O correlates strongly with regional.... |
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Shakey’s Pizza Asia Ventures Inc. (PIZZA), the country’s leading chained full-service restaurant, ended the first quarter with a flat system-wide sales versus the same period last year, with its strong 2020 start dampened by store closures in mid-March due to the implementation of enhanced community quarantine (ECQ) in the Philippines. |
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(Bloomberg) -- Most U.S. stocks rose alongside equities in Europe and Asia amid new bouts of stimulus and positive economic signals as coronavirus lockdowns ease. The dollar fell for a fourth straight day. Two shares rose on the S&P 500 Index for every one that fell. Tech shares underperformed, with drops for Facebook Inc. |
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Washington — The US trade representative's office said on Tuesday it was launching an investigation into digital services taxes adopted or under consideration by a number of US trading partners, in a move that could lead to new punitive tariffs. “President [Donald Trump] is concerned that many of.... |
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India’s candidature for 2021-22 for the lone seat from Asia Pacific had been unanimously endorsed by 55 members of the group last June. Canada, Ireland and Norway will vie for the two seats in the ‘western Europe and other countries’ category.
NEW DELHI: India is set to re-enter the UN Security.... |
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U.S. stock indexes are moving broadly higher in afternoon trading Tuesday, following broad gains in global markets as investors hope that the gradual lifting of coronavirus lockdown mandates will put economies ravaged by the outbreak on the path to recovery. The S&P 500 was up 0.3%. |
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International security dynamics in Central Asia are often framed in the “great game” terms of great power competition, but this shorthand can obscure the complexity of great power involvement in the region. The nature of existing competition can be further difficult to capture, in part, because the.... |
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ROUGHLY 90 percent of Filipinos do not even know where Timor Leste is. The Association of Southeast Asian Nations (Asean) map has so expanded from the original Malay grouping — the MaPhilIndo (Malaysia, Philippines and Indonesia) — that geography lessons have to continually remind us that the Asean.... |
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The image of then-Minneapolis police Officer Tou Thao, a Hmong American, standing with his back turned as a white officer knelt on George Floyd's neck has ignited a discussion about how to approach the topic of anti-blackness in the Asian American community. |
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If someone proposed that you could create new business opportunities worth $10 billion per year and achieve the primary sustainable development goal targets of 100 per cent municipal solid waste collection, phasing out dumpsites and implementing the 3Rs “reduce”, “reuse” and “ recycle”, what would you do? Act of course. |
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NZME and the NZ Herald are on top of the world - again - after sweeping aside local, Australian and Asian competitors to win Best National/Global Media Brand in Asia and the Pacific. For the second year running, the NZ Herald's parent company has scooped the top Asia/Pacific prize at the annual INMA.... |
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A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 2, 2020. Shares were mostly higher in Asia on Tuesday, lifted by moves to reopen many regional economies from shutdowns aimed at containing the coronavirus pandemic. |
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By Jonathan Cable and Leika Kihara. LONDON/TOKYO (Reuters) - European manufacturers may be over the worst of a coronavirus-driven downturn, but Asia's pain deepened in May due to a slump in global trade, with export powerhouses Japan and South Korea seeing the sharpest falls in activity in over a decade, surveys showed. |
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