Nikkei extends losses to close down 2.3% – CNBC

Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at 4,775.70, extending Tuesday’s 2.88 percent drop. The market was weighed by the energy, materials […]

Most Asia markets extend falls; HSI down 4% – CNBC

Federal Reserve chair Janet Yellen began her semiannual congressional testimony in the U.S. overnight, where she addressed mounting whispers about whether the Fed could implement negative interest rates as a way to boost economic activity. She said the central bank has not completely researched whether that would be legal. Asked if she foresaw the Fed […]

These investors aren’t losing their cool amid rout – CNBC

Amid a global market rout, investors in Asia appear to have stronger nerves than their counterparts around the world, with indications they’re adding to their emerging markets holdings. The Institute of International Finance (IIF) said Asia-based investors were actually net buyers of emerging market (EM) securities funds, investing about $3.85 billion since the start of […]

New magazine will sell Australia to Asia’s millionaires – Sydney Morning Herald – Sydney Morning Herald

“We are quite excited about helping … perhaps mining companies in Australia look for capital in Asia – acting like a bridge to Asia.”: MillionaireAsia founder Brian Yim (right). Photo: MIllionaireAsia.com Brian Yim is hoping to use print media to create an investment bridge between Australia and other Asian countries. Mr Yim, the founder of MillionaireAsia […]

Tanker Hijackings on the Rise in Southeast Asia – VOA – Voice of America

Tanker Hijackings on the Rise in Southeast Asia – VOA – Voice of America

BANGKOK— Pirates continue to hijack a coastal tanker on the average of once every two weeks to steal their cargo of fuel, according to data released Wednesday by the International Maritime Bureau’s Piracy Reporting Center. A total of 134 incidents of piracy and armed robbery globally were reported to the center from […]

China says ‘malicious’ Japanese defence review creates tension in Asia-Pacific … – The Guardian

China has described Japan’s annual defence review as misleading and malicious, saying it overplayed the “China military threat” and stoked tensions between the two east Asian powers. Beijing said it reserved the right to a “necessary reaction” after Japan issued a review that called on China to stop building oil and gas exploration platforms close […]

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