Asia wary of Fed rate future, China data disappoints – Dec 16
Today’s Market News China has room to cut RRR further, PBOC official says China’s ‘whitelist’ projects get $495 bln loans by end-Nov China’s CATL offers suppliers financial support to drive battery innovation Geely, Baidu pledge to solve payroll issues facing EV venture Exclusive: Aviva’s India officials approved brokerage model queried by taxmen Asian stock markets […]
Global equities retreat after ECB cuts rates; gold, oil fall – Dec 13
Today’s Market News China pledges more debt, rate cuts as Trump tariff threats loom India’s Tata Motors to hike commercial vehicle prices by up to 2% from January Accel-backed Bluestone Jewellery eyes $1.4 bln valuation in India IPO, sources say VIEW India’s retail inflation in November eases to 5.48% Sino-Ocean bondholders submit counter restructuring proposal […]
Asia stocks rally on Fed cut bets – Dec 12
Today’s Market News China is considering softer currency Gold advances as inflation data fuels Fed rate cut optimism India’s newly-appointed central bank chief commits to policy continuity Key developments to markets on Thursday: India inflation (November) Australia unemployment (November) ECB policy meeting Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 44,148.56 […]
Global shares fall, dollar climbs ahead of inflation report – Dec 11
Today’s Market News Rupee hit all-time low as RBI governor change sparks rate cut hopes Gold could extend record run into 2025, Heraeus says Sunac China wins some bondholder approval for onshore restructuring plan, source says Philippines GDP growth hit by typhoons, but outlook robust, says World Bank China ready to go deeper into debt […]
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 […]
