Asian shares were mixed Tuesday after Australia’s central bank raised a key interest rate for the first time since 2010. Trading was light with markets in mainland China, Japan, and some other countries closed for holidays. Australia’s central bank lifted its benchmark interest rate to 0.35 percent from 0.1 percent. Investors also are expecting another…
Edamame: The Unsung Star of the Sushi Bar—and Your Weeknight Meals
When I’m looking to save money on food, I don’t usually hit the sushi bar. But it recently clicked for me that one of the most delicious, nutritious, and reasonably priced foods on earth is available wherever sushi is sold. And you can make it perfectly at home for even cheaper. Edamame is Japanese for…
Deconstructing the Spring Roll
If you like Thai and Vietnamese spring rolls—the fresh ones that are wrapped in rice paper, bursting with vegetables and shrimp—you will like this salad. Call it a lazy spring roll salad, if you like, since it’s essentially composed of the jumble of ingredients that are traditionally wrapped in rice paper. The salad moniker (and…
Asian Stock Valuations Dip to a 21-Month Low
Valuations of Asian equities dropped to a 21-month low at the end of January, as expectations of aggressive policy tightening by the Federal Reserve, and a surge in U.S. bond yields hit the regional stocks. The MSCI Asia-Pacific index’s forward 12-month P/E ratio stood at 13.49 at the end of last month, which was its…
FDNY Lieutenant Shares Subway Safety Tips After Woman Is Pushed to Death in Front of Train
A lieutenant with the New York City Fire Department has shared subway safety tips with members of the public after an Asian woman was pushed to her death in front of an oncoming train in the city on Saturday. Michelle Alyssa Go, 40, was waiting on the southbound platform inside Times Square subway station on Saturday morning…
Asian Shares Shed Gains Ahead of Fed Policy Statement
December 15, 2021
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BANGKOK—Stocks were mostly lower in Asia on Wednesday after new U.S. data showed inflation is still running high, putting a spotlight on what action the Federal Reserve will take as it holds its last meeting of the year. Tokyo’s Nikkei 225 index edged 0.1 percent higher to 28,459.72 and the Kospi in Seoul was nearly…
Asian Stocks Mixed After Late Slump on Wall Street
November 23, 2021
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Asian shares were mixed Tuesday after a late drop left major Wall Street indexes mostly lower. Tokyo was closed Tuesday for a holiday. Hong Kong and Seoul declined while Shanghai advanced. Market players appeared to be relieved to learn that President Joe Biden will nominate Jerome Powell for a second four-year term at the helm…
US Trade Representative Tai Hints at New Asian Economic Framework: NHK
November 18, 2021
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TOKYO—U.S. Trade Representative Katherine Tai said the United States may set up a new Asian economic framework with allies and “friendly” nations as early as next year, NHK public television reported on Thursday. The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labour, environment, and digital trade issues,…
Asian Shares Higher as Japan Says Economy Shrank in Third Quarter
November 15, 2021
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Shares advanced in Asia on Monday as plans for stimulus in Japan overshadowed news that its economy contracted in the last quarter. Investors are awaiting the outcome of a virtual meeting between President Joe Biden and Chinese President Xi Jinping. Benchmarks rose in Tokyo, Sydney, Hong Kong, and Seoul but fell in Shanghai. Japan reported…
Asian Bonds Receive Lowest Foreign Flows This Year in October
November 12, 2021
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Asian bonds received lowest foreign inflow this year in October, hit by concerns over higher inflation levels and a slowdown in China’s economy. Overseas investors purchased a combined net total of $2.25 billion in Indonesian, Malaysian, South Korean, Thai, and Indian bonds last month, the smallest buying since December 2020, data from regulatory authorities and…
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