AFP

Xi Jinping celebrated China’s “eternal friendship” with Central Asia at a summit in Kazakhstan on Tuesday, as the Chinese leader blasted tariffs and sought to assert Beijing’s influence in a region historically dominated by Russia.The summit in Astana brought together Xi with the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan.Under Russia’s orbit until the …

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The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace, as trade uncertainty threatens to weigh on the world’s number four economy.The central bank has spent many years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an …

Bank of Japan holds rates, will slow bond purchase taper Read More »

The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world’s number four economy.The central bank spent years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an …

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Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.Hopes that the deadly conflict can be contained helped most equities rise, while the US president’s earlier claim that the Islamic republic wanted to make a nuclear …

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Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his second trip to the region in under a year as Beijing competes with Russia for influence there.The summit in the Kazakh capital brings together Xi — who arrived in Astana on Monday — and the leaders of Kazakhstan, …

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Stocks rose and oil prices retreated Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day.The dollar dipped against the euro and pound, while safe-haven gold declined slightly.”As things stand, investors seem less fearful than they were going into the weekend …

Oil prices drop, stocks climb as Iran-Israel war fears ease Read More »