$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Flat, Crude Oil Up, Stocks Up Notes: Market participants are keeping a close watch on the latest round of US-China trade negotiations, scheduled to start Thursday in Beijing, and the next BREXIT vote. British lawmakers will now vote on a range of BREXIT options Wednesday, giving parliament a chance to […]
Australian Dollar: USD/AUD (AUD=X) market looks set to continue to rally The Australian dollar has initially pulled back on Monday but found enough buying pressure underneath the turn things around and rally significantly. By doing so, the market looks as if it continues to see the same attitude overall, simply buying dips as they occur. That […]
Singapore: STI Index (.STI) inflation data lift odds of April pause by MAS Singapore consumer prices rose less than expected in February, giving the central bank more room to align itself with its regional peers and stand pat when it reviews monetary policy next month. According to the Department of Statistics, the consumer price index […]
Hong Kong: HANG SENG INDEX (.HSI) investors fled equities on growing fears about a U.S. recession Hong Kong stocks posted their worst day in nearly three months on Monday, tracking a global selloff, as investors fled equities on growing fears about a U.S. recession, and on caution ahead of fresh U.S.-China trade talks. The Hang […]
Australia: S&P/ASX 200 (.AXJO) investors fretted that the moves in the bond market signalled another brake on profits A record low for the Australian 10-year government bond yield prompted a sharp sell-off in Australian bank shares as investors fretted that the moves in the bond market signalled another brake on profits. Financials were the worst-performing sector in […]
Japanese Yen: USD/JPY (JPY=X) U.S. yield curve inverted The euro gained on Monday as a stronger-than-forecast German business confidence survey allayed some fears about a recession and pulled the safe-haven yen from a six-week high against the dollar. Financial markets around the globe were roiled on Friday, stemming from anxiety about an economic downturn after […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Down, Stocks Down Notes: A US trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on 28-29 March which will be followed by a trip by Chinese Vice Premier Liu He to Washington in early April. Concerns about a potential US […]
$GLD.$USD, $JPY FLASH: Last week gold posted its 3rd consecutive weekly gainer and rose 1%, the most since the week ending 1 February. The fundamentals Spot gold up 0.1% at $1,314.21 oz as of 0128 GMT. US gold futures up 0.2% at $1,314.40 oz. Investors sold shares Monday moving to the safety of bonds, while […]
$AAPL Apple (NASDAQ:AAPL) CEO Tim Cook said Saturday that he is “extremely bullish” about the global economy based on the amount of innovation underway, and urged China to continue to “open up” due to the complaints of US and others that it is shutting foreign firms out of Key high-tech industries. In a speech at […]
The Hong Kong International Film Festival is 1 of Hong Kong’s largest cultural events, and as all film festivals, this is an event for those involved in the film industry, actors, directors, screenwriters, etc. and film enthusiasts and fans from all over the world. Sponsored by the Hong Kong International Film Festival Society, a non-profit […]
President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]
Shanghai: SSE Composite Index (.SSEC) stocks end higher on dovish Fed stance Shanghai stocks edged higher on Thursday, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting. The blue-chip CSI300 index was unchanged at 3,836.89 points, while the Shanghai Composite Index closed up 0.3 percent at 3,101.46 points. In comments […]
Japanese Yen: USD/JPY (JPY=X) softness in the greenback The US dollar has pulled back a bit during the trading session again on Thursday, reaching towards the ¥110 level, an area that is major support. The moving averages above of course cause some noise in general, right around the ¥111 level. Ultimately, the market should continue to […]
Australia: S&P/ASX 200 (.AXJO) back in black The Australian share market had another volatile day of trade, temporarily starting in the black and continuing to fall throughout the session, until after 3.30pm, when the local bourse galloped back to the black. It comes as the mining sector started to strengthen, as concerns began to ease […]
Hong Kong: HANG SENG INDEX (.HSI) investors welcomed dovish comments from the Federal Reserve Hong Kong stocks kicked off on Thursday with gains as investors welcomed dovish comments from the Federal Reserve and an indication that it will not lift interest rates this year. The Hang Seng Index gained 0.16 per cent, or 48.36 points, […]
Australian Dollar: USD/AUD (AUD=X) showing signs of weakness The Australian dollar initially rallied during the trading session on Thursday, showing signs of bullish pressure. However, we still have a lot of drama when it comes to the US/China situation, and therefore it’s likely that this pair will struggle as the Australian dollar will continue to be […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Dowu, Crude Oil Up, Stocks Up Notes: The Fed held interest rates steady, shave the number of hikes projected for the rest of the year at none and release details of a plan to end the monthly reduction of its massive balance sheet in September. US Crude Oil stockpiles last […]
Oversea-Chinese Banking Corporation Limited (the Bank) is a Singapore-based financial services company. The Bank is engaged in the business of banking, life assurance, general insurance, asset management, wealth management, investment holding, futures and stockbroking. Its segments are Global Consumer/Private Banking, Global Corporate/Investment Banking, Global Treasury and Markets, Insurance and OCBC Wing Hang. Global Consumer/Private Banking […]
DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others. The Consumer Banking/Wealth Management segment […]
Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Shanghai: SSE Composite Index (.SSEC) index is above its 50-day moving average and above its 200-day moving average Chinese stocks were little changed on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day and on uncertainty surrounding Sino-US trade negotiations. The Shanghai Composite index was flat at 3,090.64 points. The blue-chip […]
Japanese Yen: USD/JPY (JPY=X) Still Eyes 112 Resistance The Japanese Yen has yet to surrender a key short-term psychological resistance point to the US Dollar, but it may do so very soon. USD/JPY remains well within the uptrend channel which has bounded trade for much of this year. However, the JPY112.00 level has capped the market. The pair […]
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 […]
Australian Dollar: USD/AUD (AUD=X) Job vacancies fall Australia’s Westpac leading index came in flat in February, falling from an upwardly-revised +0.1% reading in January, despite firmer commodity prices. In addition, skilled vacancies in February fell 0.9% m/m, escalating January’s revised 0.5% decline. The Australian jobs markets has been one of the more robust parts of […]
Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively Australian shares closed lower on Wednesday as trade war worries left investors trading defensively. The S&P/ASX 200 Index fell 22.5 points, or 0.4 per cent, to 6165.3, while the broader All Ordinaries slid 24.8 points, or 0.4 per cent, to 6251.8. An air of […]
Singapore: STI Index (.STI) possible trade talk friction Most Southeast Asian stock markets fell on Wednesday as signs suggesting possible hurdles in U.S.-China trade talks curbed risk sentiment, while anticipation of the U.S. Federal Reserve policy decision also kept investors on the sidelines. Bloomberg had reported that negotiators in the U.S. were concerned that China […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Fed Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year to 1-2 or none, and release long-awaited details of a plan to end the monthly reduction of its massive balance sheet. […]
Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers RBA’s pessimism and soft housing market data couldn’t disappoint Aussie buyers as risk sentiment remains strong. 0.7130/35 comprising 50-day SMA acts as immediate resistance contrast to 0.7050 support. The Australian Dollar (AUD) is taking the bids around 0.7100 versus the US Dollar (USD) during early Tuesday. […]
Hong Kong: HANG SENG INDEX (.HSI) awaiting Fed meeting Shares in Asia mostly traded lower on Tuesday afternoon, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside. Mainland Chinese shares ended the morning session mostly lower, with the Shanghai composite slipping 0.22 percent and the Shenzhen component declining […]
Japanese Yen: USD/JPY (JPY=X) bias remains neutral Consolidation from 112.13 is still in progress and intraday bias remains neutral first. As long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume the rally from 104.69 to 114.54 resistance next. However, firm break of 110.35 should confirm near […]
Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher It was another day of erratic day of trade in and out of the red on the Australian sharemarket as investors tussled with accelerating domestic house price falls and a slightly “dovish” tilt in the Reserve Bank’s rate outlook. The news prompted a bearish “inversion” […]
Singapore: STI Index (.STI) traders await central bank meetings Asian equities drifted Tuesday as traders awaited central bank meetings amid expectations of dovish signals to monetary policy. The dollar steadied after its recent decline. Stocks posted modest losses in Japan and China and were little changed in Australia and Hong Kong. U.S. futures were little […]
Shanghai: SSE Composite Index (.SSEC) shares edge lower on profit-taking China’s main stock indexes ended lower on Tuesday, pulling back from near 6-1/2-month highs in the previous session, on profit taking, but losses were limited by hopes for continued government support for the economy and a dovish U.S. Fed. The Shanghai Composite index fell 0.18 […]
$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Steady Notes: UK PM May’s BREXIT plans were thrown into further turmoil on Monday when the speaker of Parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form. She has just 2 days […]
Australia is the 6th largest country in the world by area. This massive country/continent has plenty to see and do, making it a popular tourist destination. Being equipped with a bit of knowledge about Australia before going will certainly make the trip better. So, let’s get right into it with ten things you should know […]
Singapore: STI Index (.STI) busy week ahead as central banks make monetary policy decisions It is going to be a busy week ahead as central banks make monetary policy decisions and more economic data is released. Markets’ performance last week was affected somewhat by Brexit developments and the outcomes from China’s National People’s Congress. But […]
Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day Australian shares opened the week’s trading higher on Monday despite dipping into the red twice through the middle of the day as the market extended volatility from last week. The Fortescue Metals Group Limited (ASX: FMG) share price has continued its stunning form and is the best […]
Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up China’s major stock indexes closed near their 6-1/2-month highs on Monday, as sentiment was bolstered by high expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing’s policy boost for growth. At the close, the blue-chip […]
Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher Hong Kong stocks tracked the mainland Chinese markets higher on Monday and closed at a nine-month peak, buoyed by expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing rolling out more policy measures […]
Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight The Australian and New Zealand Dollars finished higher last week on relatively low volatility. In the absence of major economic releases and central bank activity, traders had to rely on outside influences such as Brexit, U.S.-China trade relations and Chinese stimulus measures. Mixed U.S. economic […]
Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel The USD/JPY bullish break could see price move towards the top of the bullish channel and the Fibonacci targets of wave 5 vs 1+3. This breakout could be part of an impulsive third wave (purple) whereas a bearish breakout could indicate a pauze […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Off, Crude Oil Off, Stocks Up Notes: Data Friday showed US manufacturing output fell for a 2nd month running in February and factory activity in New York state hit near a 2 low this month, further evidence of a sharp slowdown in economic growth early in Q-1. In Asia Gold: Spot […]
Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week AUD/USD stayed in consolidation above 0.7003 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 0.7121 minor resistance to bring fall resumption. On the downside, break of 0.7003 will resume the fall […]
Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening But jobs growth appears to be swimming against the tide and forward looking indicators are sinking. Shayne Heffernan said “Australia is overtaxed, the minimum wage is too high and the social security problem is weighing on the taxpayer, Australia has seen the dollar at overly high levels for […]
Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances The market started on a bearish note last week after a two-week decline but rebounded to close marginally higher on bargain hunting. Shayne Heffernan said “don’t be too quick to write off China, the new reforms in Beijing should see a boost […]
Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation USD/JPY rebounded further last week but was held below 112.13 resistance. Initial bias remains neutral this week for some more consolidation. But still, as long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume […]
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 […]
Inbit Corp OTC:INBT is preparing one of its hottest brands to launch on a Global level, Royal Ellamae is a brand of luxury Birds Nest based skincare products. Bird’s Nest is reputed to maintain youthfulness and enhance the complexion. From a biological standpoint, Bird’s Nest contains proteins, amino acids and minerals that are essential for […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Firm, Stocks Up Notes: The Bank of Japan’s kept interest rates unchanged Chinese Vice Premier Liu He spoke by telephone with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, with the 2 sides making further substantive progress on trade talks, China’s official Xinhua news […]
Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time It has been an eventful month for the Australian economy, with GDP and other key data surprising to the downside, and interest rate expectations shifting. Regardless, at USD0.7094, the Australian dollar is unchanged from USD0.7093 when our February Market Outlook went […]
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 […]
Waiting game drives Singapore: STI Index (.STI) down Investors here and across the region went back into their shells yesterday after Tuesday’s gains to await some key data expected out of China today. The numbers from Beijing include industrial production, retail sales and foreign direct investment levels, which will all throw light on the state […]
Japanese Yen: USD/JPY (JPY=X) increased demand for risk The Dollar/Yen is trading higher on Thursday, reversing yesterday’s weakness. Increased demand for risk is helping to dampen the Japanese Yen’s appeal as a safe-haven asset and rising U.S. Treasury yields are making the U.S. Dollar a more attractive investment. The move are being fueled by positive […]
Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally Australian shares rallied late to end a four-day losing streak on Thursday as the market digested the latest Brexit vote results and Chinese economic data. The S&P/ASX 200 Index rose 18.4 points, or 0.3 per cent, to 6179.6 while 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 […]
Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]
Nick Leeson on Indicies Drift Asian markets are little changed overnight as Global equity indices look set to drift this morning. The FTSE is called two points higher whilst the DAX is currently forecasted to shed 6 points at the opening bell. The DOW closed higher yesterday even after the US Federal Aviation Authority followed […]
Celebrates 60th anniversary of success with quantum growth reinforcing position as leader in Creative Economy in retail and property development Goes beyond domestic competition to lead Thailand to the world stage Teams up with world-class partners to build cities, grow retail industry and create mega-phenomena Works with partners to grow sustainable shared value Siam Piwat […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady , USD Off, Crude Oil Higher, Stocks Flat Notes: The United States aims to cut Iran’s Crude exports by about 20% to below 1-M BPD from May by requiring importing countries to reduce purchases to avoid US sanctions, 2 sources familiar with the matter told Reuters. Both sources said they were […]
V-More and Infireum Changing the Face of Ecommerce in Asia V-More is about to set the Asian Ecommerce market on fire with a revolutionary new way to shop and pay online. vmoreasia.com Rewarding Merchants And Customers V-MORE is a unique international e-commerce supply chain management platform with a strong presence in Asia, namely Singapore, Hong […]
Edge Asia 2019, powered by Datacloud, will be held on April 11 at the Pan Pacific Hotel, Singapore, bringing you the defining discussion on the Edge and its importance to 5G, as well as addressing the opportunities and challenges that lie ahead in implementing Edge services and networks in the APAC region. As data is […]
Japanese Yen: USD/JPY (JPY=X) Renewed Demand for Safe-Haven Protection Safe-haven buying is helping to drive the Dollar/Yen lower on Wednesday. Treasury yields are down, making the dollar a less-attractive investment and stocks are under pressure, sending investors into the safety of the Japanese Yen. The catalyst behind the early weakness in the Forex pair is […]
Singapore: STI Index (.STI) sole loser, banks and real estate weigh Most Southeast Asian stocks closed higher in lacklustre trade on Wednesday, while Singapore slipped as caution prevailed ahead of China’s industrial output data. Singapore stocks were the sole losers in the region, ending 0.5 percent lower. China’s January-February industrial output and retail sales data […]
Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level The Australian dollar has pulled back just a bit during the trading session on Wednesday, as we continue to hover above the crucial 0.70 level, an area that extends all the way down to the 0.68 level on the monthly chart as a major […]
Hong Kong: HANG SENG INDEX (.HSI) Drop as Rally Eases Asian stocks dropped Wednesday as the positive sentiment at the start of the week faded on continuing global growth concerns. The pound steadied ahead of a further Brexit vote. Shares slipped from Sydney to Shanghai, while futures signaled lower starts in Europe and the U.S. […]
Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth Sigma Healthcare’s decision to rebuff Priceline-owner Australian Pharmaceutical Industries’s $730 million takeover bid triggered the biggest drop on the S&P/ASX 200 Index on Wednesday. The ASX 200 closed 14 points, or 0.2 per cent, lower at 6161.2 points, extending a […]
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 […]
Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot The Australian Dollar slipped on Tuesday following yet more weak economic data, headlined by weaker business confidence. The index for that from National Australia Bank came in at 2 for February, below January’s 4. It was also the lowest print since the start […]
Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures Australian shares closed lower on Tuesday, despite soaring 0.7 per cent at the open, as the major banks dragged the market lower. The S&P/ASX 200 Index fell 5.4 points, or 0.1 per cent, to 6174.8 while the broader All Ordinaries slid […]
Japanese Yen: USD/JPY (JPY=X) 112.00 still eludes bulls to the upside The Japanese Yen has managed to fend off challenges from Dollar bulls since late February with the psychological 112.00 level remaining out of reach for USD/JPY. The pair did manage to poke above that point on an intraday basis on February 28 and again on March […]
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 […]
Shanghai: SSE Composite Index (.SSEC) lacks support from economic fundamentals China stocks ended higher on Tuesday as Beijing and Washington appeared to edge closer to a trade deal, but worries about economic headwinds at home tamed the market’s rise. At the close, the Shanghai Composite index was up 1.1 percent at 3,060.31 points, while the […]
Hong Kong: HANG SENG INDEX (.HSI) post gains of more than 1% Asian stocks rallied Tuesday, following strong gains on Wall Street that snapped five straight days of losses. Investors may have also been buoyed by increased optimism over a Brexit vote in the British Parliament later in the day after Prime Minister Theresa May […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: European Commission head Jean-Claude Juncker agreed to additional assurances in an updated BREXIT deal with British Prime Minister Theresa May Monday, but warned UK lawmakers would not get a 3rd chance to endorse it. Washington could lift most or all of its tariffs on […]
The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]
Media Prima Berhad is Malaysia-based integrated media company. The Company is engaged in commercial television and radio broadcasting, media advertising, digital media, sale of program rights, provision of outdoor advertising space and related production works, content creation, talent management and publishing and sale of newspapers. Its segments include Television Networks, Radio Networks, Outdoor Media, Print […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
$RACE After falling down under team management pressure in the past 2 seasons, this now Ferrari’s (NYSE:RACE) Sebastian Vettel’s, 31 anni, chance to show he can deliver a long-awaited F1 title for The Scuderia. He is motivated by the Schumacher legacy and that the young and ambitious Charles Leclerc, 21 anni, touted as F1’s next […]
$RACE FLASH: What you need to know, the ultimate guide click her The 2019 F1 season kicks off in Australia this week, with Lewis Hamilton chasing a 6th drivers’ championship. Here we run through the Key changes, driver line-ups, dates for your diary and the best Opta facts ahead of lights out at Melbourne’s Albert […]
Shanghai: SSE Composite Index (.SSEC) weaker than expected Chinese loan and money supply data raised expectations of further action to spur the slowing economy 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 […]
Japanese Yen: USD/JPY (JPY=X) could see a bounce The US dollar fell hard against the Japanese yen initially during the trading session on Friday after the ¥111.50 level gave away. Beyond that, we had a jobs number that was horrific, in the sense that only 20,000 jobs were added last month, as opposed to the expected […]
UPDATE: Secretary of State Mike Pompeo Says Chairman Kim Told Him Several Times that He will Denuclearize US Secretary of State Michael Pompeo said NKorea’s Chairman Kim Jong Un has promised to eliminate his nuclear weapons program on at least 6 occasions and that now “we need to figure out how to do it.” “The […]
Hong Kong: HANG SENG INDEX (.HSI) Chinese officials boosted investor hopes of policy support for a slowing economy Hong Kong shares rebounded on Monday after two straight sessions of losses amid cautious optimism that China and the United States will work out a trade deal, and as Chinese officials boosted investor hopes of policy support […]
Australian Dollar: USD/AUD (AUD=X) gains are likely to be limited over the near-term The Australian Dollar is trading lower on Monday. There has been to follow-through to the upside following Friday’s potentially bullish closing price reversal bottom. Friday’s volatile price action was fueled by short-covering related to the mixed U.S. Non-Farm Payrolls report. We could […]
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 […]
Australia: S&P/ASX 200 (.AXJO) investors continue to reposition for slowing global growth Australian shares are poised to extend losses from Friday as investors continue to reposition for slowing global growth. ASX futures down 14 points. The latest trigger came from the February US jobs report; the economy there added a mere 20,000 jobs last month v expectations […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: Fed Chairman Powell said Friday that the central bank will be careful not to shock financial markets as it stabilizes its bond portfolio, saying that it does not see problems in the US economy that warrant an immediate change in its policy. Washington […]
China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment […]
WH GROUP LIMITED is a Hong Kong-based investment holding company principally engaged in pork businesses. The Company operates its businesses through four segments. Packaged Meats segment is engaged in the production, wholesales and retailing of low temperature and high temperature meat products. Fresh Pork segment is engaged in the production, wholesales and retailing of fresh […]
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 […]
Hang Seng Bank Limited is a company mainly engaged in the banking business. Along with subsidiaries, the Company operates its business through four segments: the Retail Banking and Wealth Management segment, the Commercial Banking segment, the Global Banking and Markets segment, and the Other segment. The Retail Banking and Wealth Management segment is involved in […]