Malaysia could soon join a growing list of Asia-Pacific countries, including China, Indonesia, Mongolia, Vietnam, and Cambodia, that in the last decade have introduced a form of minimum wage. The NYT reports.
Central banks can only slow, not stop, currencies from moving when fundamentals dictate a shift. That means you, Malaysia and Thailand.
In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.
Japanese shares plunged on Tuesday as fresh explosions rocked a damaged nuclear plant and triggered a rise in radiation levels, sending investors fleeing from riskier assets such as equities and commodities across Asia.
Asian stocks outside Japan edged up on Monday, with demand for commodity-related shares offsetting the steep drop in Japanese markets following a massive earthquake and tsunami.
Nikkei futures tumbled on Friday after a massive 8.9 magnitude earthquake hit northeast Japan, causing many injuries.
Asian shares opened lower on Thursday following declines in the overnight U.S. session. A sell-off in chip stocks hurt tech counters in South Korea, while a decline in commodities weighed on Australia's commodity heavy index.
Stocks in Japan and South Korea opened higher on Wednesday, helped by an overnight rally on Wall Street.
Asian stocks rose on Tuesday but gains were limited as investors worried higher energy prices could stunt the global economic recovery.
Asian stocks fell on Monday, as fears of more turmoil in the Middle East and higher oil prices overshadowed solid U.S. payroll data.
Asian stocks rose on Friday, responding to growing confidence in the U.S. economic outlook, which fueled a rally on Wall Street and sent commodity prices higher.
Asian stocks edged higher on Thursday, as gains on Wall Street lifted sentiment and offset worries about surging oil prices due to turmoil in the Middle East.
Asian stocks fell on Wednesday, with declines on Wall Street and continued rises in crude oil prices dampening investor sentiment and weighing on issues that are sensitive to energy prices.
Asian stocks rose on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.
Asian shares rose on Monday as financial shares clawed back some of last week's losses and higher oil prices buoyed energy stocks, but gains were capped by fears of futher outflows from emerging equities to developed markets.
Asian stocks traded higher as oil backed off from $120 a barrel on rumors Libya's Muammar Gaddafi had been shot, prompting a corresponding recovery in U.S. equities the day before.
Asian stocks weakened after Wall Street extended losses as violence in Libya prompted a spike in oil prices.
Asian stocks fell for a second day as investors pull out from riskier assets, with turmoil in Libya driving crude oil prices to 30-month highs and sparking worry of slower global growth.
Japan's Nikkei average fell 2 percent on Tuesday, away from 9-1/2-month highs and its first decline in seven days, as turmoil in the Middle East triggered profit-taking in blue-chip shares.
Asian shares mostly eased on Monday as spreading tensions in Libya and other oil-producing regions encouraged some mild profit taking after last week's solid gains.