Stocks, dollar stay calm in Asia
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China is becoming less and less interested in other countries’ goods. Its imports are stagnant even as exports soar, a result of sluggish consumption and Beijing’s all-out push to beef up domestic industries.
1hon MSN
Asia stock markets were little changed on Monday, following Friday’s sharp sell-off on Wall Street amid escalating Middle East tensions and global economic concerns. Investors digested a batch of mixed Chinese economic data.
Their simulations mapped out possible routes Neanderthals could have followed to reach Asia, and suggest that by traveling during warmer periods and following river valleys, they could have traversed approximately 2,
Inflation is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs. That’s giving the region’s central bank chiefs scope to support their trade-reliant economies as the risk of US tariffs and related uncertainty weigh on the outlook.
External Affairs Minister S Jaishankar held a telephonic conversation with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan on Monday and discussed the current situation in West Asia and the role of diplomacy.
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Whether Southeast Asia becomes a leading hub or a supporting node will depend on the decisions governments and enterprises make in the next two to three years.