Asia shares edge higher, dollar backtracks – Feb 5 2025
Today’s Market News Wall Street rises on US-China trade optimism, energy boost Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue US dollar edges lower as China tariffs kick in China sets firm fix for yuan, soothing devaluation worry Wall St futures dip after Alphabet earnings disappoint Dollar backs off […]
Stocks jump, dollar rollercoaster as US tariffs paused – Feb 4 2025
Today’s Market News S&P 500, Nasdaq, pare losses as Trump’s Mexico tariffs paused India’s Gland Pharma reports higher Q3 profit as expenses drop Hong Kong Q4 GDP expands 2.4% y/y, slightly faster than forecast Taiwan to help companies relocate to US following Trump tariffs India’s January factory activity growth hit six-month high, PMI shows Key […]
AI panic subsides with megacap earnings on deck – Jan 29 2025
Today’s Market News Japan’s GPIF to be allowed bid in bond auctions, Bloomberg News reports China Vanke’s shares jump on fresh state support, management reshuffle Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports Thailand sees economy growing up to 3.5% this year on stimulus, foreign investment Key developments to markets on […]
China’s AI drive hammers tech stocks – Jan 28 2025
Today’s Market News Take Five: Fed, ECB – and more from Trump China’s AI drive hits tech stocks, boosts safe havens Global economy takes Trump guessing-game in stride DeepSeek has investors questioning tech and AI valuations Broad risk-off mood grips markets; yen and Swiss franc gain US bonds rise, pushing yields to multi-week lows Oil […]
Asia equities slide with US stock futures on China’s AI push; dollar firms – Jan 27 2025
Today’s Market News China state-owned firms’ profits up 0.4% y/y in 2024 India’s ICICI Bank reports higher quarterly profit, helped by healthy loan growth Senior UK lawmaker says consumers and investors want truth on China cotton Senior UK lawmaker to write to Shein again on China cotton Shein tells UK lawmakers it does not allow […]
Asia shares track Wall St higher, yen awaits BOJ – Jan 24 2025
Today’s Market News BOJ likely to raise rates to highest in 17 years, signal more hikes Indian drugmaker Dr Reddy’s says it is ‘optimistic’ about Trump administration Gold ticks up as dollar eases; Trump policies in spotlight Emerging economies facing “sudden stop” of capital flows, JPMorgan warns China prods insurers to invest billions in latest […]
Asia shares helped by China uplift, Trump’s tariff plans hang in the air – Jan 23 2025
Today’s Market News India market regulator proposes sachet-sized investments with easier rules China to allow foreign institutions to offer new types of financial services in free trade zones China unveils plan to encourage insurance funds into stock markets Taiwan says market uncertainty will be ‘new normal’ under Trump China and Hong Kong stocks tumble on […]
Shares and Treasuries choppy on Trump’s plans for tariffs – Jan 21 2025
Today’s Market News No day-one tariffs coming from Trump, but trade overhaul planned, official says India’s Oberoi Realty posts Q3 profit jump on strong luxury home demand China’s Dec imports of Canadian rapeseed decline amid trade probe China December youth jobless rate down at 15.7%, statistics bureau says Hong Kong’s Oct-Dec unemployment holds steady at […]
Dollar strong, stocks creep higher as Trump term dawns – Jan 20 2025
Today’s Market News India’s Kotak Mahindra Bank Q3 profit rises 10% on higher lending income IMF says China’s economic growth of 5% in 2024 was ‘positive surprise’ China’s securities regulator approves merger of Guotai Junan, Haitong Securities Citadel Securities applies for securities licence in China SBI Life Insurance posts higher Q3 profit on policy renewals, […]
Asia stocks fall despite China GDP beat; bond yields drop with Fed in focus-Jan 17 2025
Today’s Market News Morning Bid: Awaiting China data deluge, US yields drift lower Zijin Mining to gain controlling stake in Zangge Mining with $1.87 bln deal proposal India’s Reliance beats Q3 profit estimates on boost from retail, telecom China Vanke’s CEO detained by authorities, state media reports China will continue to help Sri Lanka achieve […]