Rate hopes push Asian shares higher

BANGKOK: Asian shares have climbed after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer. US futures rose while oil prices fell back slightly after surging on Monday following Israel’s declaration of war on Hamas following its surprise attack from …

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HK eyes closer ties with Thailand

HONG KONG: Hong Kong’s leader said on Tuesday the city would seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister, as the Chinese financial hub looks for more business opportunities in Southeast Asia. Chief Executive John Lee said at a weekly …

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China must cool down

In a forum, he said the dangerous shift has been happening in the Taiwan Strait and the East and the South China Seas and beyond. While Beijing has been accusing the Philippines of provocation in the West Philippine Sea, or WPS, it has indicated plans to increase its presence in …

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