Indexes steady, oil rises with Middle East hostilities, JPY rattled – Oct 3
Today’s Market News Futures in Japan face hangover from BOJ’s bond-buying binge Exuberant iron ore, subdued copper show different sides of China stimulus: Russell Stock indexes steady, oil rises as wary investors eye Middle East hostilities Key developments on Thursday: Australia trade (August) Japan, Australia, Singapore PMIs (September) Hong Kong retail sales (August) Fixed Income […]
Markets bunker down as Iran-Israel tensions spark – Oct 2
Today’s Market News Stocks fall, safe haven assets rally with oil as Iran fires on Israel Global investors gear up to go back into China Global factory activity hit by economic uncertainty Singapore million-dollar flat sales hit record in Q3, research shows Key developments on Wednesday: South Korea inflation (September) South Korea manufacturing PMI (September) […]
Asia morning: China cuts banks’ reserve ratio as economic growth sputters – Sep 27
Today’s Market News Exclusive: China to issue $284 billion of sovereign debt this year to help revive economy Chinese banks in need of capital injection to give thrust to economic stimulus steps China vows ‘necessary spending’ to hit economic growth target IMF’s $7 billion bailout sends Pakistan stocks to new peak Key developments on […]
Stocks climb, Euro falls; Fed say large rate cut was warranted – Sep 24
Today’s Market News GM, Ford would need to halt Chinese vehicles exports for US under rule, official says Biden proposes banning Chinese vehicles, ‘connected car’ technology from US roads Indian shares continue to scale new peaks after U.S. rate cut Stocks climb, euro falls; Fed officials say large rate cut was warranted Key developments […]
Today’s Market News Japan PM hopeful Ishiba sees ‘room’ for corporate tax hike, Kyodo reports Brookfield-backed Leela hotels owner Schloss files for $599 mln India IPO Food-price volatility may pose risk to India’s inflation, cenbank says VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales TNG Digital eyes Malaysian IPO […]
Asia morning brief Sep 20
Today’s Market News BOJ to keep policy steady, signal more rate hikes to come DCM Ventures to exit China’s Kuaishou via $479 mln placement China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen Saudi Arabia’s crude oil exports in July hit almost one-year low China expected to trim main policy […]
Stocks and dollar gain as Fed ‘soft landing’ – Sep 19
Today’s Market News Japan’s exports slow sharply, machinery orders shrink in blow to economic recovery Indonesia’s central bank front runs Fed with surprise rate cut Wall Street droops, dollar edges back after bumper Fed cut China hits 9 US firms with property freeze over weapons sales to Taiwan Foreign holdings of US Treasuries rise […]
Tech stocks drag, dollar low on rate cut expectations – Sep 17
Today’s Market News Goldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7% Tech stocks drag, dollar plumbs lows on rate cut expectations Why Fed rate cuts matter to world markets Key developments on Tuesday: India wholesale price inflation (August) Indonesia trade (August) Japan tertiary index (July) Fixed Income Yields on short-dated U.S. debt […]
China gloom vs Wall St vroom
Today’s Market News China opposes US tariff hikes, vows steps to defend its firms’ interests China to open anti-dumping probe on halogenated butyl rubber imports from Canada, Japan, India Japan’s PM hopeful Takaichi warns BOJ against raising rates China’s August coal output up on more power, chemical demand Downbeat China factory output, retail sales […]
Asia Morning: Sep 12
Today’s Market News India enforcement agency conducts searches in Axis Mutual Fund front-running case China’s Midea Group to price shares at top of range in Hong Kong listing, sources say Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year Vedanta Resources raises $900 million via dollar bonds Key developments on […]
