United States Oil (USO) prices plunge as the market prepares for a prolonged U.S.-China trade war Oil prices tumbled nearly 6% on Thursday, extending steep losses in the previous sessions, as the market braced for a prolonged U.S.-China trade war and digested disappointing manufacturing data. Some analysts also pointed to signs that Middle East tensions […]
Dow Jones Industrial Average (.DJI) dives, Donald Trump sees the U.S. economy as his ticket to re-election and his Trump card in the China trade war The Trump economy may be the greatest in history, according to the tweeter in chief. President Donald Trump sees the U.S. economy as his ticket to re-election and his […]
Alibaba Group Holding Limited (NYSE:BABA) Making Bets on China Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said that Alibaba is in the process of upgrading the […]
Hong Kong: HANG SENG INDEX (.HSI) markets fell following Wall Street’s lead as the U.S. and China appeared to brace for a prolonged trade standoff Asian markets fell Thursday, following Wall Street’s lead as the U.S. and China appeared to brace for a prolonged trade standoff. After last week’s escalation of tariffs, no new trade […]
Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China Asia markets declined on Thursday as investors worried about the ongoing trade tensions between the United States and China. Mainland Chinese shares slipped on the day, as the Shanghai composite declined 1.36% to about 2,852.52 […]
An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits Apple’s profits would plunge by almost 30% if China enacts a total ban on the company’s products, according to Goldman Sachs. The dollar amount would be a reduction in net income by over $US15 billion annually. According […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Note: The Mins from the May FOMC meeting showed that policymakers are comfortable with the current fed funds rate range while “a number of participants” saw a moderation in risk and uncertainties surrounding their outlooks for the year. The Key takeaway is that the stock market has a reasonable […]
United States Oil (USO) U.S.-China trade woes weighed on energy-demand prospects U.S. prices settled lower Tuesday as U.S.-China trade woes weighed on energy-demand prospects. However, Middle East tensions provided some support for the global benchmark. West Texas Intermediate crude for June delivery CLM19, -0.13% lost 11 cents, or 0.2%, to settle at $62.99 a barrel […]
$XAU, $GLD, $CME, $USD Gold has long enjoyed deep cultural significance in China, which holds the title for being both the world’s largest gold consumer and its largest producer. Demand for the yellow metal in China looks like it will continue to rise, driven by a combination of increasing levels of wealth, global economic uncertainty […]
Analyst optimistic about Tan Chong Motor Holdings Bhd (4405:KL) IndoChina operations and new model launches RHB Research seems optimistic on Tan Chong Motor Holdings Bhd’s (Tan Chong) improvement in its Indochina operations with the introduction of several new models in the domestic market. RHB Research said Tan Chong’s Indochina operations continue to show good progress […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Major averages traded lower on trade uncertainty, Several US companies suspend business operations with China’s Huawei Technologies, Semiconductor stocks underperform, drag the S&P 500 information technology sector and Nasdaq lower Trade tensions with China need to linger for an extended period to cause real damage to the United […]
Tesla, Inc. (NASDAQ:TSLA) Will Struggle in China with Tariffs According to an email sent out to employees by Tesla CEO Elon Musk obtained by Reuters, Musk warned the company may face a serious cash flow problem in less than ten months if it does not begin strictly controlling its expenses. Musk reportedly wrote: It is important […]
Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon Australia’s dollar jumped at the market open after the nation’s center-right government clung to power in a surprise election victory at the weekend. The Aussie was indicated 0.8 percent stronger in early trading at 69.26 […]
$HD Billionaire businessman Ken Langone said President Trump is “doing the right thing” by increasing tariffs on China. “It’s got teeth,” the co-founder of Home Depot (NYSE:HD) said Thursday. “The only way you’re going to get somebody to a table for negotiations is when they have something to lose,” said Mr. Langone, also the founder of […]
Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal The Dow and broader U.S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations. DOW MAKES SURPRISE RECOVERY; S&P 500, […]
Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified Shares in Asia were lower on Tuesday, a day after Beijing raised tariffs on some American goods in retaliation for Washington’s decision last week to increase duties on Chinese products. Mainland Chinese shares slipped on the day, with the […]
Singapore: STI Index (.STI) saw red as the trade war between China and the United States threatened to spiral out of control Asian markets saw red yesterday as the trade war between China and the United States threatened to spiral out of control, with both upping the ante. Bourses in Hong Kong, China and Japan […]
FLASH: President Trump is bringing the Fed into the US-China trade war. Tuesday, President Trump called on the Fed to “match” what he said China will do to offset economic hardship being caused by tariffs. “China will be pumping money into their system and reducing interest rates, as always, in order to make up for […]
President Trump has shaken the world trade order by imposing unilateral tariffs to combat what he calls unfair trade practices by the EU, Canada, Mexico, China and other major trading partners of the US. US GLOBAL TARIFFS – 25% tariffs on imported steel and 10% tariffs on imported aluminum, imposed on 23 March 2018 on […]
Monday, China raised tariffs on a paltry $60-B of U.S. goods in retaliation for President Trump’s decision to increase tariffs on $200-B worth of Chinese imports last week, escalating the 10 month trade dispute between the world’s 2 largest economies. President Trump shook the world trade order by imposing unilateral tariffs to combat what he […]
Shanghai: SSE Composite Index (.SSEC) China foreign ministry: We’ll never surrender to foreign pressure China’s main equity indexes finished lower on Monday and the yuan weakened to a four-month low as investors’ hopes for a deal to end an escalating trade war between the United States and China were dashed by signs of a stalemate […]
Singapore: STI Index (.STI) with US and China deadlocked in trade deal negotiations and uncertainty growing among investors With the US and China deadlocked in trade deal negotiations and uncertainty growing among investors, the Singapore market started the week in negative territory, continuing to trend downwards in the afternoon session. While the market rebounded on […]
Dow Jones Industrial Average (.DJI) China Trade War Pressures Stock Market Rally Dow Jones futures fell sharply Sunday, along with S&P 500 futures and Nasdaq futures. President Donald Trump said Sunday that the U.S. is “right where we want to be” as the China trade war escalates. But the current stock market rally is under […]
Despite Challenges, Alibaba Group Holding Limited (NYSE:BABA) Is a Safer Bet on China The Chinese e-commerce giant, Alibaba (NYSE:BABA) has a lot at stake when it reports 4Q earnings on Wednesday. Its shares have rallied about 30% since the January lows, on optimism that the Chinese consumer economy remains strong enough to support expansion in the company’s […]
FLASH: US and China at impasse over trade, Larry Kudlow says new tariffs will remain. The United States and China appeared at a deadlock over trade negotiations Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests. The trade dispute […]
Japanese Yen: USD/JPY (JPY=X) Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations The Dollar/Yen rallied on Friday as Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations. Although a trade deal between the two economic powerhouses wasn’t reached, the price action suggests investors felt there was […]
Hong Kong: HANG SENG INDEX (.HSI) President Donald Trump says US-China relations remain “very strong” Mr Trump said talks between Washington and Beijing will continue even after a deadline passed on Friday for them to reach an agreement. As a result the US raised tariffs to 25% from 10% on goods from China. China says […]
China and the US have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as President Trump ordered his trade Chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced some optimism on reaching a deal, but said there were “issues of principle” on […]
Dow Jones Industrial Average (.DJI) The United States and China have begun a critical day of trade negotiations The US has not backed down from its threat to increase tariffs to 25 per cent, on $US200 billion ($286 billion) worth of Chinese imports, at 2:01pm (AEST). Furthermore, US President Donald Trump said that paperwork had […]
NASDAQ Composite (.IXIC) Trump talks of ‘beautiful letter’ from China’s Xi U.S. stocks pulled well off the day’s lows Thursday but the S&P 500 and the Nasdaq finished lower for a fourth session as trade tensions ramped up after U.S. President Donald Trump threatened tariff retaliation on China, which he claims “broke the deal”. However, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]
Singapore: STI Index (.STI) skidded lower as U.S.-China trade tensions rose Asian markets skidded lower Thursday as U.S.-China trade tensions rose, with President Donald Trump saying China “broke the deal” and China vowing to retaliate if the U.. raises tariffs on Friday. The U.S. is set to raise tariffs on $200 billion of Chinese goods […]
Hong Kong: HANG SENG INDEX (.HSI) US President Donald Trump has said China “broke the deal” in trade talks, ramping up hostilities ahead of negotiations between the two sides AGENCIES NEW YORK US President Donald Trump has said China “broke the deal” in trade talks, ramping up hostilities ahead of negotiations between the two sides. […]
$SPY UPDATE: China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as President Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced a measured optimism on reaching a deal, but said there were […]
Singapore: STI Index (.STI) Waning sentiment over a US-China trade resolution sent investors running for the hills Waning sentiment over a US-China trade resolution sent investors running for the hills in a broadly lower session in Asia. This followed a Wall Street sell-off on Tuesday, triggered by key US officials supporting increasing levies on Chinese […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The Big Q: Is China getting ‘cold feet’ on trade resolution? The Big A: President Trump knows that to get this deal done, to get China to end some of the trade abuses that have been occurring, he has to take a hard line. That is what he is doing […]
Shanghai: SSE Composite Index (.SSEC) mixed amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise Stocks in Asia were mixed on Tuesday amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise on Friday. The Chinese markets, which plunged more […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: DJIA tested to its 50-Day MA and bounced, as sellers were few and buyers came in and bought the dip. There was no fear in the market from the US-China issues and/or President Trump’s hammering of Iran. Savvy market participants see President Trump’s China goods tariff threat as a […]
Shanghai: SSE Composite Index (.SSEC) Trump turns up Trade pressure on China Chinese stocks tumbled along with the yuan as a pair of tweets by President Donald Trump undermined confidence in a trade agreement. The ChiNext Index of technology companies and small caps dropped the most since January 2016 as trading on mainland markets resumed after last […]
Update: President Donald Trump’s top trade negotiator said the U.S. plans to raise tariffs on Chinese goods Friday, accusing Beijing of backpedaling on commitments it made during negotiations. The trade talks will continue and a Chinese delegation will visit Washington on Thursday and Friday, US Trade Representative Robert Lighthizer told reporters Monday in Washington. The […]
$GS, $BLK, $BX, $BABA China’s plan to open its $44-T financial sector to the world is drawing a positive reception from Top executives attending the Milken Institute Global Conference this week. The opening to foreign ownership of financial firms should be quickly beneficial to large US players, such as Goldman Sachs Group Inc., Blackstone Group […]
Australian Dollar: USD/AUD (AUD=X) traders could also be reacting to optimistic news over U.S.-China trade negotiations Australian traders could also be reacting to optimistic news over U.S.-China trade negotiations. According to a New York Times report, trade talks between the U.S. and China are now in the final stages, said U.S. Treasury Secretary Steven Mnuchin, […]
China’s Leading User management SaaS provider and Interactive Advertising Platform Operator Duiba Group Announces Proposed Listing on the Main Board of Hong Kong Stock Exchange Duiba Group Limited (1753.HK), China’s leading user management SaaS provider for online businesses and pioneer of the interactive advertising platform operator, announced the proposed listing of its shares on the […]
Us economic growth and modest inflation have given the US strong leverage over China in trade talks, the White House’s Top economic adviser said Friday as US and Chinese negotiators prepared for a new round of meetings next week. Larry Kudlow, director of the White House’s National Economic Council, said on TV that strong growth […]
Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available Aluminum Corporation of China Limited (the “Company”; NYSE “ACH”; SEHK “2600”; SSE “601600”) announces that the Company’s annual report for the 2018 fiscal year filed with the SEC on April 24, 2019 can be accessed via the following […]
Hong Kong: HANG SENG INDEX (.HSI) slip amid concerns over China stimulus pace Asian markets saw a mixed day on Wednesday, as fresh all-time closing highs for the S&P 500 and Nasdaq vied for investor attention with concerns China will slow its pace of economic stimulus. Japan’s Nikkei NIK, -0.27% closed down 0.3%. Hong Kong’s […]
Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]
$RACE FLASH: We had to do whatever we could’ – Ferrari said as why they switched Charles Leclerc and Sebastian Vettel in China Last weekend Ferrari (NYSE:RACE) issued team orders in China, with Charles Leclerc instructed to move over for Sebastian Vettel during the Chinese Grand Prix. It was the 3rd race running that The […]
$CNY China’s stock market investors are not quite ready to see Beijing scale back its efforts to support the economy. Stocks started the week lower after improving data prompted traders to pare back their bets for additional stimulus. The Shanghai Composite Index rallied Tuesday after the PBoC injected cash into the financial system, alleviating concerns […]
Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected The Australian Dollar is advancing on Wednesday after a government report showed China’s economy grew more than expected. The Aussie is benefitting because it often acts as a proxy for the Chinese economy. The news helped reverse some of […]
Japanese Yen: USD/JPY (JPY=X) Upbeat China Data Support Treasury Yields, Appetite for Risk Helping to boost Treasury yields and demand for risky assets is the stronger-than-expected economic numbers from China. The data confirms the economy is bottoming out, mostly due to the stimulus from the Chinese economy. The headline data shows that China’s economy grew […]
United States Oil (USO) prices rises on signs of strong demand from refineries in China Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly. […]
$RACE Source: F1 Three races, three one-twos. It’s been a dream start to 2019 for Mercedes, and it’s happened despite them not always having the best package. Ferrari appear to have the edge when it comes to power unit grunt, but Mercedes chief Toto Wolff reckons his team’s strides in cornering were what made the […]
Saturday, US Treasury Secretary Steven Mnuchin said a US-China trade agreement would go “way beyond” prior efforts to open China’s markets to US companies and hoped that the 2 sides are “close to the final round” of negotiations. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank Spring […]
FLASH: Treasury Secretary Steven Mnuchin said Wednesday that US-China trade talks continue to make progress and the 2 sides have settled on a mechanism to police any agreement, including new enforcement offices. Secretary Mnuchin, speaking on television, said that a call with Chinese Vice Premier Liu He Tuesday night was productive and discussions would be […]
Singapore: STI Index (.STI) mixed after China-US trade talks show progress Shares were mixed in Asia on Monday after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress and the U.S. government reported a strong rebound in hiring in March. Japan’s benchmark Nikkei 225 index slipped 0.2% to […]
Shanghai: SSE Composite Index (.SSEC) investors seek more clarity in the US-China trade negotiations Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the US-China trade negotiations, but hopes that Beijing’s policy will bolster growth curbed losses. At the close, the […]
$GLD, $XAU FLASH: China’s PBoC is on a Gold buying spree as Asia’s Top economy expanded its Gold reserves for a 4th month running, adding to investors’ optimism that central banks from around the world will press on with a drive to build up holdings. June Gold settled today’s session rose $6.00 (+0.5%) to $1301.55/oz […]
Hong Kong: HANG SENG INDEX (.HSI) forging higher, building on solid gains from the previous week as hopes for a U.S.-China trade continue to rise Stock markets in Asia were forging higher Monday morning, building on solid gains the previous week as hopes for a U.S.-China trade continue to rise. Asia Pacific markets were mixed […]
Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the U.S.-China trade negotiations, but hopes that Beijing’s policy will bolster growth curbed losses. At the close, the […]
Hong Kong: HANG SENG INDEX (.HSI) China’s government bonds poised for worst week since 2014 China’s booming equity rally entered a new phase this week as economic data provided bulls with a fresh catalyst. After signals from the Treasury market in March got the whole world panicking over global growth, equity investors were encouraged by data showing […]
Singapore: STI Index (.STI) investors look to new leads in the US-China trade talks The rally witnessed by markets in Asia started to dissipate yesterday but the Singapore market closed higher despite a lack of catalysts. The Straits Times Index (STI) gained 4.94 points or 0.15 per cent to close at 3,316.21. Elsewhere in Asia, […]
Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify Stocks closed mostly higher Thursday, with the S&P 500 extending its win streak to a sixth session, as investors continued to monitor trade talks between the U.S. and China, which are reportedly in their final stretch. How did the benchmarks fare? The Dow Jones Industrial Average […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]
Tesla, Inc. (NASDAQ:TSLA) ‘Massive’ delivery backlog in Europe, China blamed; company reaffirms yearly guidance Tesla Inc. said late Wednesday it delivered about 63,000 vehicles in the first quarter, significantly fewer than analysts had expected. Analysts surveyed by FactSet has expected 76,000 deliveries, with about 54,600 of those being Model 3 sedans. Tesla TSLA, +2.07% said […]
Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain More signs of improved business sentiment in China helped push the country’s main stock benchmark past its highest level since March of last year on Wednesday, as investors continue to warm to an optimistic view […]
Hong Kong: HANG SENG INDEX (.HSI) resumption of trade talks between the U.S. and China in Washington “Ninety percent of the deal is done, but the last 10% is the hardest part,” U.S. Chamber of Commerce executive Myron Brilliant said, according to the Financial Times. The report added that if a deal is not reached […]
Dow Jones Industrial Average (.DJI) Surges On China News Retail sales unexpectedly dipped 0.2% in February, the Commerce Department reported Monday. Outside of autos, retail sales fell 0.4%. The softer-than-expected data continued to muddy the picture of the consumer, despite the strong job market. But timing shifts in government tax refunds and SNAP payments suggest […]
Hong Kong: HANG SENG INDEX (.HSI) surged following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March Major markets in Asia surged on Monday following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March. Mainland Chinese shares soared on the day, […]
Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown Overall, the bias in prices is: Upwards. The projected upper bound is: 6,317.44. The projected lower bound is: 6,130.05. The projected closing price is: 6,223.75. Candlesticks A white body occurred (because prices closed higher than […]
Singapore: STI Index (.STI) shares gain 1.2% on upbeat China data There was much to cheer on Monday as markets in Asia kicked off the second quarter in positive territory, on the back of both official and private Chinese purchasing managers’ index figures for March beating expectations, and positive sentiment emanating from US-China trade talks. […]
Euro: USD/EUR (EUR=X) Investors are keeping a close eye on the ebb and flow of the U.S.-China trade talks After a tough week, EUR/USD has started the week with slight gains. Currently, the pair is trading at 1.1235, up 0.15% on the day. On the release front, it’s a busy day. German and eurozone manufacturing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: A US trade delegation, which included USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Beijing for a two-day meeting on Thursday. Reuters reported Wednesday evening that Chinese negotiators made “unprecedented” proposals on a range of issues including forced technology transfers. Despite the progress, the market continues to wait […]
Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China Asian shares were mostly lower on Thursday following a decline on Wall Street, as investors awaited a resumption of trade talks between the U.S. and China. Japan’s Nikkei 225 lost 1.6 per cent to 21,033.76 and the Shanghai […]
FLASH: Robert Lighthizer and Steven Mnuchin visit China this week to forge a US-China trade deal The US and China resume high-level trade talks this week as they close in on a deal that could just be a big step in the long road to economic peace. President Trump’s Top trade negotiator, Robert Lighthizer, and […]
Shanghai: SSE Composite Index (.SSEC) Next round of U.S.-China trade talks this week Chinese shares fell on Tuesday, extending the previous session’s sharp losses as investors remained concerned over the outlook for global growth and the next round of China-U.S. trade talks. At the close, the Shanghai Composite index was down 1.51 percent at 2,997.10 […]
FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
Hong Kong: HANG SENG INDEX (.HSI) stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports Shares in major Asian stock markets mostly slipped on Wednesday following a series of conflicting reports on U.S.-China trade that surfaced overnight. The broad MSCI Asia ex-Japan index slipped […]
Dow Jones Industrial Average (.DJI) investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations The Dow Jones Industrial Average closed lower for the first time in five days on Tuesday, led by declines in Apple, while investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations. The 30-stock Dow fell 26.72 points […]
FLASH: “We will make a great or not at all.” President Trump’s chief economic adviser says China’s President Xi is “afraid” to sit down with until their countries finalize a trade deal. Larry Kudlow, director of the White House’s National Economic Council, says President Xi Jinping wants everything agreed to before meeting with President Trump […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
The growing mystery of where China’s rapid slowdown is headed may become the biggest risk on the horizon. The world economy. Recession Watch: The global economy’s in its weakest shape since the financial crisis 10 years ago. China got more affirming evidence of its Big slowdown, with industrial output and retail sales softening and a […]
NASDAQ Composite (.IXIC) mixed as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment. Wall Street’s main indexes briefly moved […]
Hong Kong: HANG SENG INDEX (.HSI) China reported stronger-than-expected investment in its slowing economy Hong Kong stocks edged higher on Thursday after China reported stronger-than-expected investment in its slowing economy, but a weaker industrial output growth limited the gains. The Hang Seng index ended 0.2 percent higher at 28,851.39 points. The Hang Seng China Enterprises […]
Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China Shares in China ended lower for a second consecutive session on Thursday after data underscored concerns about slowing growth in the world’s second-largest economy, amid ongoing uncertainty over a deal to end the Sino-U.S. trade dispute. At the […]
FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]
The HKTDC Export Index 1Q19, for the first quarter of 2019, rebounded four points from the previous quarter to 39.2, indicating that confidence among exporters is growing across all sectors and markets. “Progress in the trade talks between Mainland China and the United States has led to an improved sentiment. However, it is still expected […]
FLASH: “I’m in no rush. I want the deal to be right. … I am not in a rush whatsoever. It’s got to be the right deal. It’s got to be a good deal for us and if it’s not, we’re not going to make that deal.” President Trump said Wednesday he is in no […]
Singapore: STI Index (.STI) Exchange Has New Challenge From HKEX China Share Move Moves by Hong Kong’s stock exchange to start trading derivatives contracts based on Chinese-listed shares pose a new competitive threat to rival Singapore Exchange Ltd. Hong Kong Exchanges & Clearing Ltd. announced on Monday it signed an agreement with index provider MSCI […]
Singapore: STI Index (.STI) China-US trade talks drag on Shares were mostly higher in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China. The Shanghai Composite jumped 1.9 percent to 3,026.99 and the Hang Seng in Hong Kong gained 0.9 percent to 28,494.76. Japan’s Nikkei 225 index added 0.5 […]
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China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]
FLASH: President Trump Tweeted Sunday: The media is “hostile and corrupt” because it is failing to recognize the accomplishments of his Administration. President Trump’s Top economic adviser Larry Kudlow said Sunday trade negotiations between the United States and China are making “great progress.” In a TV interview Sunday, Mr Kudlow, the director of the National […]
FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]
Beijing is hopeful about its next round of trade talks with the US, China’s vice minister for commerce said Saturday, after revealing that top negotiators had tried to hammer out a deal over burgers and eggplant chicken. China and the United States have been locked in a bruising trade war since last year, imposing tit-for-tat […]
FLASH: President Trump said that the US will enjoy a “very big spike” in stock markets if he closes a trade deal with China. “As soon as these trade deals are done, if they get done, and we are working with China, we’ll see what happens, but I think you’re going to see a very […]
Hong Kong: HANG SENG INDEX (.HSI) retreat as uncertainty over U.S.-China trade deal grows Asian shares were mostly lower Thursday as optimism about progress in trade talks between the U.S. and China started wearing off. Japan’s benchmark Nikkei 225 NIK, -0.65% slipped 0.8% in early trading. Australia’s S&P/ASX 200 XJO, +0.29% edged up nearly 0.3% […]
“US-China optimism fading ? Asian markets are once again lower this morning as optimism over the trade deal continues to wane. Markets are off their lows in late trading but not sufficient enough to suggest that we are going to see anything other than a weak start to trading on the European exchanges. In the […]
Dow Jones Industrial Average (.DJI) took nearly 100 points in losses on Wednesday while Donald Trump continues to push a new trade deal with China The Dow and broader U.S. stock market trended lower on Wednesday, as President Donald Trump set his sights on a comprehensive trade agreement with China. At this stage, a China […]
Hong Kong: HANG SENG INDEX (.HSI) edges higher helped by optimism for policy support from China as the National People’s Congress began in Beijing Hong Kong shares edged higher on Wednesday morning, helped by optimism for policy support from China as the National People’s Congress began in Beijing this week. The Hang Seng Index added […]