China stocks jump on Politburo policy shift – Dec 10
Today’s Market News Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO LG Electronics’ India arm files for IPO amid strong consumer durables demand Japanese investors sold overseas equities for second straight month in November3:56 AM EST Hang Seng up 1%; CSI300 up 2% China bond yields hit record […]
China inflation up next, geopolitics in focus- Dec 9
Today’s Market News China’s central bank resumes gold purchases after six-month hiatus in Nov US appeals court upholds TikTok law forcing its sale Rattled by China, West scrambles to rejig critical minerals supply chains JD Logistics takes full ownership of Kuayue-Express with $892 mln stake buy Maruti Suzuki, JSW MG Motor hike car prices following […]
Wall Street, bitcoin take breath from record highs ahead of NFP – Dec 6 2024
Today’s Market News Exclusive: Rising costs squeeze intermediaries out of thriving Russian oil trade with India Asian stocks see heavy outflows for second straight month in November Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data Bitcoin crosses $100,000 but pulls back slightly World stocks hold near record highs French […]
South Korea lifts martial law, relieving market uncertainty – Dec 4
Today’s Market News S.Korea authorities vow to stabilize markets as parliament votes to lift martial law Festivals lift India’s edible oil imports to 4-month high in November, dealers say China bans export of critical minerals to US as trade tensions escalate Venezuela’s oil exports approach 1 million bpd fueled by sales to Asia JOLTS report […]
Asian stocks climb on Wall St lead; yuan, euro sag – Dec 3
Today’s Market News India to update GDP base year to fiscal 2023 Philippines tweaks 2024 GDP growth target, revises outlook for 2025-2028 China regulator flags inadequate control over bond trading at four banks Economic growth concerns, strong NDF dollar bids push rupee to record low China’s relentless bond rally pushes 10-year yield below 2%, lowest […]
Trump’s BRICS warning shines light on emerging FX – Dec 2
Today’s Market News India’s November goods and services tax collections up 8.5% China new home price rises accelerate in November, survey finds South Korea export growth slows to 14-month low as US demand weakens China Nov factory activity expands for second month as Trump threats loom Russia’s Rosneft may delay refinery modernisation due to high […]
Dollar jumps, stocks retreat after Trump vows tariffs – Nov 26
Today’s Market News Foreign investors turn net buyers of Indian stocks after record selling run Beijing state-owned asset management to sell 33% stake in joint venture with UBS Indonesia says Apple’s $100 mln investment proposal inadequate Slackening demand likely weighed on India’s GDP growth in September quarter: Reuters poll Vedanta to proceed with dollar bond […]
Stocks lose ground, lukewarm Nvidia results – Nov 21
Today’s Market News Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll China’s cashed-up crowd is back in the stock market How far could the Bank of Japan raise interest rates? Benchmark S&P 500 ends flat U.S. dollar rises Crude prices settle lower Bitcoin hits new record high Key […]
Asian shares cautious before NVDA result, dollar gives back gains – Nov 20
Today’s Market News Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade India’s Mamaearth parent loses $415 mln in market value as Q2 loss fans demand worries Japan’s Norinchukin eyes investment, posts $3.1 bn loss after sovereign debt sales China expected to leave benchmark lending rates unchanged on Wednesday Investors reload rate hike bets in Japan […]
Seeking global steer, watching Fed pendulum swings – 19 Nov
Today’s Market News Shanghai becomes first major Chinese city to announce property tax incentives Shares edge higher, dollar falls as markets weigh future Fed rate moves Dollar strengthens against yen on Bank of Japan’s hike uncertainty Key developments in markets on Tuesday: RBA meeting minutes G20 summit in Rio de Janeiro Euro zone flash inflation estimate […]
