BEAMSTART Logo

South Korean won leads Asia currencies higher; stocks rise on improved sentiment

The Edge Markets LogoThe Edge Markets3 mo ago

South Korean won leads Asia currencies higher; stocks rise on improved sentiment - The Edge Markets

Quick Summary:

That helped Southeast Asian currencies such as the South Korean won, which appreciated as much as 1.2% to mark its best session since late July.

Other currencies like the Taiwan dollar, Indonesia's rupiah and the Malaysian ringgit rose between 0.4% and 0.6%.

"A sharp fall in job openings yesterday could be viewed as a signal that the labour market is indeed cooling, which would suggest the Fed is winning its battle against inflation," ING analysts wrote.


More Pictures

South Korean won leads Asia currencies higher; stocks rise on improved sentiment - The Edge Markets (Picture 1)

or

Article Details

Category: InvestingFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 08:18:28 (3 months ago)

News Timezone: GMT +8:00

Ranking: #2532 (out of 3205 stories this day)

News Source URL: theedgemarkets.com

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 736504

View Article Analysis

About The Edge Markets

The Edge Markets Logo

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 12 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 9 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "South Korean won leads Asia currencies higher; stocks rise on improved sentiment" has 412 words across 1 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "South Korean won leads Asia currencies higher; stocks rise on improved sentiment" was covered 3 months ago by The Edge Markets, a news publisher based in Malaysia.

How trustworthy is 'The Edge Markets' news outlet?

The Edge Markets is a fully independent (privately-owned) news outlet established in 1994 that covers mostly investing and finance news.

The outlet is headquartered in Malaysia and publishes an average of 12 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #736504
  • URL: https://beamstart.com/news/south-korean-won-leads-asia-16649592487420

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.