The South African central bank further slowed its purchase of government bonds in August, buying only 353 million rand ($21.19 million) of securities to bring its total holdings to 38.737 billion, data showed on Monday.
In 2017, the last car Australia built rolled out of a General Motors' plant in the city of Adelaide, ending seven decades of local automotive history and the belief that the country's factories could ever compete globally.
Gold edged higher on Monday after weak U.S. data raised concerns over a quick economic rebound from the coronavirus-led slump and cemented hopes that lower interest rates would last longer.
Indian shares were subdued on Monday, as broader Asian markets were on the defensive after a continued Wall Street selloff in technology stocks, while investors awaited an announcement from debt-laden Vodafone Idea Ltd later in the day.
China's exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery in the world's second-biggest economy.
Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.
Denis Shapovalov regrouped after losing a terrible first set tie-break to beat David Goffin 6-7(0) 6-3 6-4 6-3 on Sunday and become the first Canadian man to reach the U.S. Open quarter-finals in the Open era.
(RTTNews) - Asian stock markets are mixed on Monday with some of the markets recovering after a weak start following the negative lead from Wall Street on Friday amid a continued sell-off in tech shares.
Japan's Nikkei average dipped on Monday following a fall in Wall Street shares while SoftBank Group sank as news revealed it had made massive bets on U.S. technology shares just as a rally in the sector cooled off.
(RTTNews) - Indian shares are likely to open with a negative bias Monday morning, tracking Friday's weak close on Wall Street, and largely sluggish Asian markets. Lower SGX Nifty too points to a weak start for the market.
Indonesia's foreign exchange reserves rose by $1.9 billion in August to $137 billion, a record high, mainly due to government foreign borrowing, tax collection, and proceeds from oil and gas, the central bank said on Monday.
China's exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday.
Australia's banks said on Monday they have started asking customers to pay back loans after giving them a six month hiatus due to the coronavirus, prompting concerns some borrowers will be forced to sell their homes once government support ends.
A petulant swipe at the ball after having his serve broken brought a sensational end to Novak Djokovic's U.S. Open on Sunday after the world number one was disqualified for striking a line judge in the throat.
Laybuy soared more than 60% on its Australian debut on Monday at a time when the buy-now-pay-later sector is being propelled by an online shopping boom sparked by the COVID-19, forging one of the hottest investor spaces during the pandemic.
Shares in China's Semiconductor Manufacturing International Corp (SMIC) tumbled on Monday in response to reports of potential sanctions against the company from Washington.
Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.
Australia is standing up to China. Watch closely: It may be a harbinger of things to come, as the world's smaller countries respond to the increasingly coercive Asian economic superpower.
Novak Djokovic's sensational exit from the U.S. Open on Sunday has ended the Grand Slam reign of the 'Big Three' of men's tennis while ensuring a first-time major champion at Flushing Meadows.
The following table shows rates for Asian currencies against the dollar at 0209 GMT. Currency Latest bid Previous day Pct Move Japan yen 106.250 106.23 -0.02 Sing dlr 1.365 1.3643 -0.04 Taiwan dlr 29.321 29.537 +0.74 Korean won 1186.600 1189.6 +0.25 Peso 48.558 48.56 +0.00 Rupiah 14700.000 14740 +0.27 Rupee 73.135 73.14 0.00 Ringgit 4.146 4.147 +0.02 Yuan 6.831 6.8435 +0.18
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