Browsing: Asia

TOKYO: Asian factory activity expanded in May as manufacturers benefited from broadening global demand, private surveys showed on Monday, adding to hopes for sustained economic recovery in the region where China is showing early signs of rebound.

SINGAPORE – Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week’s crucial inflation data.

RIYADH: Saudi Aramco raised the April’s official selling price for the flagship Arab light crude it sells to Asia, while differentials for Europe were trimmed, according to an official statment.