Yen Advances as China Slowdown Concerns Spur Haven Demand

The yen advanced, halting a four-day slide, on speculation a report Tuesday will add to evidence of slowing growth in China. Japan’s currency was the biggest gainer versus the dollar among its developed-market counterparts before the data that economists said will show China’s manufacturing contracted in August for the first time since February. Chinese banks have passed on cuts in official deposit rates and even exceeded them, a sign...

Malaysia Held a Massive Demonstration

Pro-democracy movement demanding Prime Minister Najib Razak retreated, following reports that he received US $ 700 million in his personal account of the institution of government-owned investment funds, 1MDB. The protesters gathered in the Malaysian capital to attend the two-day demonstration demanding the resignation of the prime minister who faces serious charges of corruption. Clean, civil society leading the country, demanding...

Asian Stocks Drop, Extending Biggest Monthly Retreat Since 2012

Asian stocks fell, extending the biggest monthly drop since May 2012, as investors weighed comments from a weekend meeting of monetary policy makers. The MSCI Asia Pacific Index declined 0.6 percent to 130.26 as of 9:06 a.m. in Tokyo, on course to slide 8.3 percent in August. Futures on the Standard & Poor’s 500 Index retreated 1.1 percent. There’s good reason to believe inflation will move higher, Federal Reserve Vice Chairman...

Japan Stocks Fall, Extending Biggest Monthly Loss Since 2012

Japanese stocks fell, with the Topix index set to cap its biggest monthly loss in more than three years, as comments from Federal Reserve officials renewed speculation the U.S. may raise interest rates as soon as September. The Topix slipped 0.7 percent to 1,538.78 as of 9:03 a.m. in Tokyo, heading for an 7.3 percent drop in August, the biggest such plunge since May 2012. The Nikkei 225 Stock Average fell 0.8 percent to 18,976.20, on...

Saham AS Ditutup Sedikit Berubah Pasca Pekan Yang Tidak Stabil

Bursa Saham AS berakhir sedikit berubah, dengan indeks Standard & Poor 500 berada pada jalur untuk bulan terburuknya sejak Mei 2012, terkait kelonggaran yang ditemukan ekuitas dari fluktuasi pada awal pekan ini. Indeks S & P 500 naik 0,1 persen menjadi 1,988.65 pada 04:00 sore di New York, setelah sebelumnya naik sebanyak 0,3 persen. Indeks Kamis mencatatkan kenaikan back-to-back terbaiknya sejak Maret 2009. Indeks S & P...