Philippines ambassador to Washington says China seems ready to find ways to ease South China Sea tensions through cooperation
The Philippines ambassador's statement suggests a potential thaw in tensions over the South China Sea, indicating a willingness from China to engage cooperatively.
PRE-MARKET INDIAN STOCKS NEWS: Aurobindo Pharma (ARBP IS) Q3 (INR) profit rose 7.6% Y/Y to 9.1bln, rev. rose 8.4% Y/Y to 86.5bln
[MARKET ANALYSIS] Asia-Pac stocks mostly take impetus from the continued tech-rebound stateside
Philippines ambassador to Washington says China seems ready to find ways to ease South China Sea tensions through cooperation
[MARKET ANALYSIS] DXY is rangebound and gets some respite following yesterday's selling
[MARKET ANALYSIS] JGBs recouped post-election losses, while T-note futures are kept afloat but with demand limited amid US and corporate supply
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This is noteworthy as it may impact regional stability and trading conditions, potentially benefitting risk assets and currencies linked to Asia amidst any geopolitical easing. However, traders should remain cautious as actual results will depend on concrete actions rather than words.
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