TOKYO (Reuters) - Asian shares dipped on Thursday as tight liquidity conditions in China curbed buying for now, though improving corporate earnings, expectations of large U.S. stimulus and subsiding retail frenzy all supported risk sentiment.
SINGAPORE (Reuters) - Oil prices edged higher on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy at a meeting on Wednesday, and as crude stockpiles in the United States fell to their lowest levels since March last year.
TOKYO (Reuters) - The dollar traded near its strongest in more than two months against the euro and the yen on Thursday as pessimism about the U.S. economic outlook recedes before the release of important data on the jobs market.
TOKYO (Reuters) - Japan’s services sector shrank at the fastest pace in five months in January, as a heavy blow to demand from a resurgence in coronavirus infections and a state of emergency in parts of the country greatly hurt new business orders.
China’s services sector activity growth slowed sharply in January, a private sector survey showed on Wednesday, as the latest coronavirus outbreak hit sentiment hard ahead of the Lunar New Year holiday period.
SINGAPORE — China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs.