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Asian stocks rise after ChIna manufacturing data: Forextalk

YEREVAN, September 23. /ARKA/. Asian stocks rose, with a regional benchmark index trading near a four-month high, after a private measure of Chinese manufacturing jumped more than forecast, Forextalk.us reports referring to Bloomberg. Trading on Hong Kong markets was delayed due to a storm.

Delta Electronics Inc. a maker of power-supply packs for notebook computers, surged 6.3 percent, leading technology shares higher. Woori Finance Holdings Co. gained 2.4 percent in Seoul amid speculation sales of its regional bank units will succeed. Newcrest Mining Ltd., Australia’s largest gold producer, dropped 6.4 percent after the price of the precious metal slumped on Sept. 20.

The MSCI Asia Pacific excluding Japan Index climbed 0.2 percent to 470.35 as of 12:41 p.m. in Sydney. The gauge reached a four-month high on Sept. 19 after the Federal Reserve maintained its bond-buying program. Japan’s market is closed today for a holiday. –0–

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Insurance market of Armenia is in embryonic state

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Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Euro to jumps by 5.08 points to AMD 432.41

The average market exchange rate of the U.S. dollar to the Armenian dram rose today by 0.77 points to AMD 391.78 compared to April 8, 2025.

ADB plans to invest $310 mln in two projects in Armenia and co-finance housing construction project for $500 mln

The Asian Development Bank (ADB) plans to invest $310 million in two projects in Armenia and to co-finance a $500 million housing construction project, Don Lambert,  ADB Country Director for Armenia, said in response to ARKA News Agency's question whether the previously announced two projects would be implemented and whether new ones were expected.

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