Asia Roundup: China data, Basel deal lift markets
Asia Roundup: China data, Basel deal lift markets
HONG KONG: Asian markets rallied yesterday after China released data at the weekend that eased concerns about the world’s second biggest economy. Banks were also lifted by a deal in Switzerland that aims to boost lenders’ defences against another financial meltdown. Beijing on Saturday said industrial output at its millions of factories and workshops rose 13.9 per cent year on year in August …
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ASIA LOCAL BONDS-Thai ylds eye borrowing plan, Philippine drops
* Borrowing plan eyed in Thailand
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Yen soars as most Asian markets advance
The yen soared to a fresh 15-year high against the dollar in Asia on Tuesday while most regional markets rose as traders extended gains from the previous session.
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Hotel rates edging back up for first time since ’07
World travelers who have come to count on cheap hotel rooms may soon be out of luck. Hotel – Travel and Tourism – Lodging – Asia – Provinces
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