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Press Releases

Asian stocks edge up as investors await Yellen talk, US data

KEEPING SCORE: Japan's benchmark Nikkei 225 index added 0.4 percent to 16,830.80 and South Korea's Kospi gained 0.7 percent to 1,970.44. Australia's S&P/ASX 200 gained 0.6 percent to 5,418.90 and benchmarks in Taiwan, New Zealand and Southeast Asia also rose. MARKET INSIGHT: "Yellen's public comments tonight could give markets good reason to remain cautious,"...

Source: The Associated Press

How Rwanda is using drones to save millions of lives

The fight against life-threatening diseases in one of the world’s poorest nations could get a boost from an unlikely avenue: Drones.


Japan's Abe may delay sales tax hike by two years: Media

Shinzo Abe is considering delaying a sales tax hike, originally planned in April 2017, by around two years, Japanese media reported on Friday.

Source: Reuters

Malaysia 1MDB investigations didn’t examine key evidence, interview Najib: WSJ

Malaysia's investigations into troubled state-development fund 1MDB didn't examine key evidence or interview Prime Minister Najib, the Wall Street Journal reported.


G7 leaders pledge collective action on sagging global growth

SHIMA, Japan— The leaders of the Group of Seven rich economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows. Meeting at a seaside resort with expansive views of a scenic bay and emerald-green islands, G-7 leaders...

Source: The Associated Press

Singapore has a pop-up treat for Pokemon fans

Parco Singapore's Yoshinori Shimizu talks about the response for Singapore's first pop-up Pokemon cafe in a collaboration with Everything with Fries.


Will there be more cooperation between G-7?

The G-7 has to cooperate, especially with risk events coming up such as the Fed meeting and Brexit, says Leonteq Securities' Frank Troise.


Investor: Market is behaving in a healthier manner

Julius Baer's Mark Matthews remarks the market is reacting well to good news such as Fed officials talking about raising rates and higher oil prices.


GLOBAL MARKETS-Asia stocks edge up after U.S. data, dollar consolidates month's gains

TOKYO/ SINGAPORE, May 27- Asian stocks pulled ahead on Friday after U.S. data continued to put the economy in a positive light, while the dollar was on the defensive against major peers. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to a two-week high. Japan's Nikkei nudged up 0.4 percent, buoyed by prospects of Tokyo delaying a sales...

Source: Reuters

Asia markets mostly higher as traders await cues from Yellen on rates

Markets in Asia were mostly higher on the final trading day of the week as traders awaited direction from Fed chief Janet Yellen's comments due later.