Asia Doubts US Stimulus

Asia Doubts US Stimulus

Asian markets were mixed Monday with traders increasingly pessimistic that US lawmakers will pass a new stimulus package before next week’s election, while spiking virus cases fanned worries about the economic impact of new containment measures. Despite months of arduous talks in Washington, there appears to be little chance Republicans and Democrats will hammer out […]

Cathay Pacific 0293 Begins Restructure

Cathay Pacific 0293 Begins Restructure

#Cathay Pacific $0293 is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong carrier said Wednesday, joining a growing list of airlines making swingeing cuts as they reel from the coronavirus pandemic. Across the globe, airlines have been hammered by the pandemic slashing international travel and they face a […]

Tesla Making China a Winner

Tesla Making China a Winner

#Tesla $TSLA will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced. The Model 3 vehicles will be shipped to more than 10 countries including France, Germany, Italy and Switzerland, the group said in a statement sent Tuesday to AFP. “This […]

Google Fighting for Survival

Google Fighting for Survival

#google $goog #bigtech Californian internet giant Google faces a growing list of battles around the world, from tussles in Europe and Australia over fair compensation for media outlets to competition probes on both sides of the Atlantic. – Department of Justice strikes – Washington’s powerful justice department is the latest to announce a probe into […]

Asian markets rose Monday

Asian markets rose Monday

Asian markets rose Monday on lingering hopes for a new US stimulus package, though Shanghai and Hong Kong pared their initial rallies after data showed China’s economy grew at a slower pace than forecast. With a little over two weeks until the November 3 elections, time is running out for US lawmakers to reach an […]

China’s Economy Rebounding

China’s Economy Rebounding

China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. But the world’s second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, which warned of uncertainty ahead as “the international […]

China Economy in Recovery

China Economy in Recovery

China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s […]

Banyan Tree Samui Offers Complimentary Night to Healthcare Workers

Banyan Tree Samui Offers Complimentary Night to Healthcare Workers

One of Thailand’s most prestigious hotels is offering a complimentary night’s stay to any of the country’s professional healthcare workers in recognition of their sacrifice and dedication to saving lives during this year’s coronavirus crisis. Banyan Tree Samui, an 88-villa property overlooking a secluded bay of sapphire waters in the Gulf of Thailand, announced that […]

Big Hit Entertainment IPO

Big Hit Entertainment IPO

Shares in the management agency of K-pop sensation BTS were expected to rocket on their stock market debut Thursday, making an instant multi-billionaire of its chairman and boosting the seven band members’ own fortunes. The initial public offering of shares in Big Hit Entertainment saw staggering demand, with the public section oversubscribed no fewer than […]

Asia Expects US to Print Money, Markets Rally

Asia Expects US to Print Money, Markets Rally

Optimism that US lawmakers will eventually pass a new stimulus package lifted Asian markets Monday, with the White House ramping up its offer and Donald Trump insisting Republicans want to get a deal done. The gains followed another strong lead from Wall Street, with hopes for a fresh injection of cash into the world’s top […]

Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia Australian shares posted their best wk in 6 months Friday, capping an eventful week that saw the government pledge billions to pull the economy out of recession. The S&P/ASX 200 index .AXJO closed unchanged at 6,102.2 after flitting between small gains and losses throughout the session. On the wk, it added […]

Australia’s Plan to Recover from Deep Recession

Australia’s Plan to Recover from Deep Recession

#Australia #recession #recovery Australia’s Treasurer Josh Frydenberg said Wednesday that the tax cuts forming the centrepiece of the country’s annual budget will not come into effect until December. Mr. Frydenberg Tuesday announced A$17.8-B in personal tax cuts and A$5.2-B in new programs to boost employment in a plan aimed at helping the China virus-ravaged economy […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished slightly higher Tuesday as the central bank held Key rates steady ahead of the Federal budget later in the day. The S&P/ASX 200 index .AXJO closed up 0.2% at 5952.7. The benchmark had gained 2.6% Monday. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 closed 0.6% higher at 11,975.02. […]

United Airlines Restarts China Service

United Airlines Restarts China Service

$UAL #CHINA #COVID19 United Airlines today announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Customers traveling from Shanghai will […]

IBM and Bank of Thailand Issue Blockchain Platform

IBM and Bank of Thailand Issue Blockchain Platform

$IBM #THAILAND IBM (NYSE: IBM) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the highly secured IBM Cloud, the platform allows investors to benefit from speedy bond issuance, […]

Asian Markets Rally as Trump Recovers

Asian Markets Rally as Trump Recovers

Asian markets rallied Monday following reports suggesting Donald Trump’s health is improving after he tested positive for the coronavirus last week, with traders also cheered by signs that US lawmakers were edging towards agreement on a new stimulus package. World equities went into reverse Friday after the White House announced the president and his wife’s […]

Australia Stimulates, Will Vaccinate Citizens for Free

Australia Stimulates, Will Vaccinate Citizens for Free

#Australia #stimulate #virus #vaccine “We have worked hard with international counterparts to secure the vaccine for Australia.” –Treasurer Josh Frydenberg Sunday, the Australian government said it will earmark an additional A$1.2-B ($859-M) in wage subsidies in the 2020/21 budget and that its program assumes there will be a coronavirus vaccine next year. In the run […]

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Scores Record-Breaking $13 Million Opening Weekend Of National Day Golden Week Holiday In China National Holiday Grosses for IMAX Up 25% Over 2019, Pushing the Company to More Than $53 Million Box Office in China Since Theatres Reopened in July IMAX Corporation (NYSE: IMAX) today announced that the company scored a record-breaking $13 million […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan A hardware failure shut down trading on the Tokyo Stock Exchange Thursday in the worst outage ever suffered by the world’s 3rd-largest stock market, which said it aimed to reopen Friday. Australian shares closed higher Thursday, rebounding from a more than 2% drop in the prior session, boosted by […]

Wednesday’s World Stock Markets: Asia-Pacific

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares fell more than 2% Wednesday, with miners and financials suffering major blows, as investors tracked Wall Street futures lower. The S&P/ASX 200 index ended 2.3% lower at 5,815.9, posting their 3rd straight session in the Red. The benchmark snapped a 5-month winning streak, and lost 1.4% during the […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan  Asian markets were powered Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region. MSCI’s broadest index of Asia-Pacific shares sans Japan advanced 0.7% to 551.48, but stayed within striking distance of a 2-month low of […]

SET Index (.SETI) Expected to Find Traction

SET Index (.SETI) Expected to Find Traction

$SETI #Thailand #SET #Index #Stocks #TASCO #STA #INTUCH #TTW #ACE #BCH #SIRI #CHG SET Index News The Thai stock market has finished lower in five straight sessions, sliding almost 45 points 3.4 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,245-point plateau although it’s expected to find traction on […]

The World’s Best Ski Resorts

The World’s Best Ski Resorts

#ski #resorts #luxury #world’s #snow A luxury snow experience begins and ends off the slopes. That means offering all the information guests need to track conditions, the highest-end amenities to keep their equipment dry and warm, and of course, a super breakfast before heading out to the mountain. In terms of actual on-snow experience, we like […]

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

#Australia #economy #coronavirus Prime Minister Scott Morrison says the Australian budget, to be delivered on 6 October, will be a “titanic effort” to return the country to economic growth hammered by the coronavirus chaos. PM Morrison told reporters Sunday that the budget will the “most unprecedented investment in Australia’s future.” Australia’s GDP shrank 7% in […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Stock markets across Asia’s emerging economies fell Thursday as concerns about rising coronavirus cases in the developed world hammered investors’ risk appetite, driving capital into USD and other safe-havens. Australian shares closed nearly 1% lower Thursday, tracking declines on Wall Street, as fresh economic data from the United States […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Asian shares were broadly weaker Tuesday as possible delays in expanded US aid/relief/stimulus and concerns about fresh virus lockdowns in Europe dented the recent positive sentiment towards global equity markets. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.68%. Australia’s S&P/ASX 200 .AXJO dropped 0.5%, Hong Kong’s Hang Seng index .HSI was […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares dipped Monday, as a Wall Street decline in the prior session and surging cases of C-19 in Europe pushed investors to look past an improvement in the domestic virus chaos. The S&P/ASX 200 index slipped 0.2% to 5,852.10 by 0102 GMT. In New Zealand, the benchmark S&P/NZX […]

2020 Magic Millions Gold Coast 2YOs in Training Sale

2020 Magic Millions Gold Coast 2YOs in Training Sale

The quality packed catalogue for Australia’s best producing breeze-up style auction, the 2020 Magic Millions Gold Coast 2YOs in Training Sale, is now online. To be held at the Gold Coast Sales Complex on November 10, the sale features 210 exciting prospects (plus supplementaries) with buyers looking to secure their next stakes winning star. “This is a […]

Friday’s World Stock Markets: Asia-Pacific

Friday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended lower for a 2nd session running Friday, as losses in financials offset gains in mining stocks, while a rise in infections in the country’s virus hotspot Victoria dashed hopes of a Fassst recovery. The S&P/ASX 200 index shed early gains to edge 0.3% lower to 5,864.5 at […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Japanese stocks fell Thursday, pushed lower by major exporters after the Fed’s dovish tone drove JPA to a 7-wk high Vs USD. The Nikkei 225 Index fell 0.68% to 23,316.75 by 0159 GMT. The broader Topix fell 0.47% to 1,636.65. China shares ended weaker Thursday, with healthcare and consumer […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended flat Tuesday, weighed by banking stocks as minutes from the central bank’s recent policy meeting did not provide a clearer direction on further policy measures. The ASX 200 index ended 0.08% lower to 5,894.8. In New Zealand, the benchmark S&P/NZX 50 index ended 0.2% lower to […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares end higher as miners lead, virus cases abate Australian shares closed higher Monday, boosted by mining stocks, after the country’s C-19 hotspot state of Victoria reported its lowest single-day rise in new infections in nearly 3 months. The S&P/ASX 200 index ended 0.7% higher at 5,899.5. New […]

Travel: Rediscover Singapore

Travel: Rediscover Singapore

#Travel #Singapore Singapore At the Southernmost tip of the Malaysian Peninsula lies the world’s 2nd most open economy and pro-business regime whose thriving manufacturing and logistics industries, coupled with booming new industries such as fintech and cybersecurity, have proved alluring to expat workers that have flocked to the country in droves. Singapore has become known […]

Friday’s World Stock Markets: Asia-Pacific

Friday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed at their lowest in 2.5 months Friday as hopes that the coronavirus curbs would ease soon were dashed after state leaders defended regional lockdowns and internal border closures. The S&P/ASX 200 index closed 0.83% lower to 5,859.4, its lowest since 29 June. On the week, it […]

Monday’s World Stock Markets Wrap: Asia-Pacific

Monday’s World Stock Markets Wrap: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China’s benchmark Shanghai Composite Index ended at its lowest close since late July as investors sold off sectors seen as over-valued, and as the reported possible blacklisting of China’s largest chip maker by the United States hit tech firms. At the close, the Shanghai Composite index was down 1.87% […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares seesawed Monday, as investors remained cautious ahead of the central bank’s cash rate decision and Q-2 economic growth data expected this week to gauge the impact of the C-19 chaos domestically. The S&P/ASX 200 index rose 0.2% to 6,083.60 by 0100 GMT New Zealand’s benchmark S&P/NZX 50 […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australia shares rise ahead of Fed Chairman Powell’s Jackson Hole speech Investors are now looking for hints from Fed’s Powell’s speech, due at 1310 GMT, that the central bank might tweak its policy framework to help push up inflation. The S&P/ASX 200 index rose 0.2% at 6,126.20, marking a […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finish higher Tuesday, as sentiment was boosted by signs of progress in US-China trade talks and positive developments in C-19 treatments The S&P/ASX 200 index rose 0.5% at 6,161.4 at the close. New Zealand’s benchmark S&P/NZX 50 index rose 0.6% at 11,993.18 Shares on China’s tech-heavy ChiNext […]

Alibaba (NYSE:BABA) a Coronavirus Winner

Alibaba (NYSE:BABA) a Coronavirus Winner

$BABA #CORONAVIRUS #CHINA #ALIBABA Chinese e-commerce leader Alibaba on Thursday reported solid 34 percent growth in revenue for the April-June quarter in the latest sign that the coronavirus, rather than hurting the company, had actually helped. Hangzhou-based Alibaba said revenue — a key measure of the internet giant’s business health as well as overall Chinese […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished lower Thursday as appetite for risky assets faded on fears that the country’s relationship with China could further sour following a report that the government would block a Chinese buyout offer of a local dairy firm. The S&P/ASX 200 index slipped 0.8% to 6,120.00 at the […]

Wednesday’s World Stock Markets: Asia-Pacific

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Shanghai stocks finished lower Wednesday after 3 sessions running of gainers, as investors took profits while a trade talk delay with US dampened sentiment. At the close, the Shanghai Composite index was down 1.24% to 3,408.13. The blue-chip CSI300 index was down 1.5%, with its financial sector sub-index lower […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed higher Tuesday, with healthcare stocks leading gains, as the central bank’s mins showed some optimism around its economy and the spread the coronavirus in the country appeared to ease. The S&P/ASX 200 index ended 0.8% higher at 6,123.40. In New Zealand, the benchmark S&P/NZX 50 index […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China shares closed at their highest in more than a month Monday after the central bank injected fresh funds into the country’s financial system, with securities firms rallying on hopes for a lift from capital market reforms. At the close, the Shanghai Composite index was up 2.34% at 3,438.80 […]

Thailand Biggest Economic Slump Since 1998 Means More Government Stimulus

Thailand Biggest Economic Slump Since 1998 Means More Government Stimulus

#Thailand #economy #stimulus #coronavirus Thailand’s economy suffered its biggest annual contraction since the 1998 Asian financial crisis in Q-2 due to the fallout of the coronavirus chaos, prompting the government to slash its GDP forecast for the year and announce more stimulus Data from the state planning agency showed a 100% fall in foreign tourism […]

Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia  Australian shares rose Friday, recording their biggest weekly gainer in 6, as the country’s central bank chief called for more fiscal stimulus to revive an economy facing its deepest recession in about a 100 yrs. Gold and tech stocks drove the S&P/ASX 200 index 0.6% higher at 6,126.2 at […]

SoftBank Group Corp. (OTC:SFTBY) Tech Bets Prove Winners

SoftBank Group Corp. (OTC:SFTBY) Tech Bets Prove Winners

#SoftBank $SFTBY Group on Tuesday reported a $12 billion quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances. The results will be a relief for chief Masayoshi Son, who has faced an increasing drumbeat of criticism after recent record losses for […]

Tuesday’s World Markets Outlook: Asia-Pacific

Tuesday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia Japanese shares gained Tuesday on hopes of additional US fiscal aid/relief/stimulus to bolster the world’s largest economy, as major countries break away from the impact of the coronavirus chaos. The Nikkei 225 Index ended up 1.88% at 22,750.24. The broader Topix index rose 2.54%.  Australian shares rose to a […]

Singapore Economy Failed the Coronavirus Test

Singapore Economy Failed the Coronavirus Test

#singapore #coronavirus #covid19 $SGDUSD Singapore’s virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country’s first recession in more than a decade was deeper than initially estimated, official data showed Tuesday. The outlook for the Singapore dollar is now very negative. Tough curbs within the city state to contain […]

Monday’s World Markets Outlook: Asia-Pacific

Monday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia Australian shares marked their highest close in nearly 3 wks Monday, driven by gains among heavyweight financials, while a dip in new coronavirus infections in Victoria and renewed hopes of financial aid in the United States boosted risk sentiment. The S&P/ASX 200 index was up 1.76% at 6,110.2 […]

Thailand Loves Luxury

Thailand Loves Luxury

As the coronavirus brought the global economy to its knees, Thai businessman Yod decided to buy himself an $872,000 treat — a lime-green Lamborghini. Yod picked up the customised Huracan EVO supercar in Bangkok, a city of billionaires with a luxury economy unbroken by the crisis ripping through Thailand’s wider economy. With tourism and exports […]

Wednesday’s World Stock Markets: Asia-Pacific

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan #Thailand Thai stocks turned positive Wednesday after its central bank held interest rates as expected and predicted Q-2 output would be better than forecast, while warning it was ready to quell gains for the baht. The bank, which already has rates at a record low of 0.5%, said exports […]

Tuesday’s World Stock Markets: Asia-Pacific

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China stocks ended higher Tuesday, underpinned by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. The blue-chip CSI300 index rose 0.1% at 4,775.80, while the Shanghai Composite Index also inched up 0.1% at 3,371.69. Banks led the gainers, with […]

Monday’s World Stock Markets: Asia-Pacific

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China shares rose on upbeat factory data, tech boost At the close, the Shanghai Composite index was up 1.75% at 3,367.97. The blue-chip CSI300 index was up 1.62%. The smaller Shenzhen index ended up 2.6% and the start-up board ChiNext Composite index was higher by 2.629%. Shanghai’s tech-focused STAR50 […]

Good Nutrition is a Must When It Comes to Fighting C-19 Coronavirus

Good Nutrition is a Must When It Comes to Fighting C-19 Coronavirus

#C19Cronavirus #nutrition #diet #immune #disease #prevention #morbidity IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Poor metabolic health is linked to underlying conditions including diabetes and cardiovascular disease that create major complications for people fighting coronavirus, confirming the critical link between C-19 and nutrition. Chronic health conditions such as hypertension, […]

Soap Vs Hand Sanitizer: Science Says ‘Soap and Hot Water Wins’

Soap Vs Hand Sanitizer: Science Says ‘Soap and Hot Water Wins’

#soap #water #CDC #C19cronavirus #washing #hands IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Studies have shown that good hand hygiene can help slow the transmission of C-19 coronavirus. The Centers for Disease Control and Prevention (CDC) says that using soap and water is the best way to kill germs. If […]

Thursday’s World Stock Markets: Asia-Pacific

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #stock #markets China shares finished lower Thursday, with tech and resources shares leading the declines, as some investors booked profits following the market’s strong finish in the prior session. The blue-chip CSI300 index ended down 0.5% to 4,656.15 and the Shanghai Composite Index 0.2% to 3,286.82. Australian shares finished higher Thursday as investors cheered […]

Wednesday’s World Stock Markets: Asia-Pacific

Wednesday’s World Stock Markets: Asia-Pacific

China’s benchmark index posted the biggest gainer in a wk Wednesday as investors bought up shares after recent slumps, while the tech-focused STAR board soared on new listings. At the close, the Shanghai Composite index was up 2.06% at 3,294.55, its best daily performance since 20 July. The blue-chip CSI300 index was up 2.42% with […]

Thailand Still an Investment Destination

Thailand Still an Investment Destination

From January 2019 to June 2020, international and local investors have filed 116 investment promotion applications for food processing and drinks manufacturing projects in Thailand, representing a total value of 18.8 billion baht (ca. 600 million US dollars), the Thailand Board of Investment (BOI) states. In the first half of this year alone, some 5.84 […]

Thailand Travel: Sleep in Bubble Tents Among Elephants in Chiang Mai

Thailand Travel: Sleep in Bubble Tents Among Elephants in Chiang Mai

#Thailand #travel, #ChiangMai #Elephants #luxury Bubble Tents have popped up all over the world, giving people incredible views while relaxing comfortably, and a property in Thailand is situating their transparent rooms among Elephants. The Anantara Golden Triangle Elephant Camp & Resort in Chiang Rai set up transparent dome suites that are the epitome of luxury. They were […]

Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific  China stocks fell Friday to finish the week lower. The blue-chip CSI300 index fell 4.4% to 4,505.59, while the Shanghai Composite Index retreated 3.9% to 3,196.77. The tech-heavy start-up board ChiNext slumped 6.1%, while the newly-launched STAR 50 index dove 7%. Australian shares closed lower Friday, led by tech stocks […]

Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Chinese shares fell Thursday, snapping a 4-day win streak, after an abrupt US order for closure of the Chinese consulate in Houston stoked geopolitical tensions and offered exits for investors who profited from the market’s recent rally. The Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index […]

Treating C-19 Virus the Asian Way: Licorice, Mint and Honeysuckle

Treating C-19 Virus the Asian Way: Licorice, Mint and Honeysuckle

#LQC #virus’#flu #C19coronavirus #China #Thailand #Laos #herbs #licorice #mint #honeysuckle #immunesystem #TCM Lianhua Qingwen capsules (LQC), which are also used against seasonal influenza, have been part of China’s standard of care against C-19 coronavirus since February 2020, and countries like Thailand and Laos have also embraced the product LQC, composed of 13 herbs, is said […]

Monday’s World Markets Outlook: Asia-Pacific

Monday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific China stocks rose 3% Monday, led by financial firms, after regulators moved to bolster the market by lifting equity investment cap for insurers and encouraging mergers and acquisitions among brokerages and mutual fund houses. At the close, the Shanghai Composite index was up 3.11% at 3,314.15, while the blue-chip CSI300 […]

Asian Markets Heading Lower

Asian Markets Heading Lower

Shares saw further losses Monday as a spike in new coronavirus infections across the planet forced governments to impose fresh containment measures, fuelling fears about the stuttering economic recovery. Traders are also keeping tabs on Europe, where leaders are struggling to unite over an $860 billion rescue package for the battered European Union. The rally […]

Asian Markets Moving Higher

Asian Markets Moving Higher

Asian markets edged up Friday following an across-the-board sell-off the previous day, but disappointing recent data has jolted optimism over the economic recovery that has helped drive gains in for the past few months. Traders have for weeks been able to look past fresh spikes in infections around the world thanks to trillions of dollars […]

China Economic Update

China Economic Update

China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]

Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares ended lower Thursday, after the country’s unemployment rate hit a 22-yr high and rising C-19 coronavirus cases in some states raised a likelihood of harsher curbs, reminding investors of the impending economic pain. The S&P/ASX 200 index fell 0.7% to 6010.90 at the close of trade. In New […]

Japan: JPY Faces a Tough Time as Economy Shrinks

Japan: JPY Faces a Tough Time as Economy Shrinks

$USDJPY #FX #TRADING #JAPAN #ECONOMY Japan’s economy will contract 4.7 percent in the year to March 2021, the central bank said Wednesday, projecting a recovery the following year but warning that deep uncertainty remains. The fresh outlook, with policymakers giving a range of contraction from 5.7 to 4.5 percent, is a downgrade from an April […]

Wednesday’s World Markets Outlook: Asia-Pacific

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares closed higher Wednesday, mirroring overnight gains on Wall Street, with material stocks providing a major lift to the domestic benchmark. The S&P/ASX 200 index rose 1.88% at 6,052.9 pts, in its best day since 30 June. In New Zealand, the benchmark S&P/NZX 50 index rose 1% at 11,610.52. […]

China Economy Rebuilding

China Economy Rebuilding

$BABA $SOHU #CHINA China has seen plenty of bad news but the Economy is set for a rapid rebound Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release […]

Stimulus and Vaccine Hopes Lift Asian Markets

Stimulus and Vaccine Hopes Lift Asian Markets

Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains. Trillions of dollars in government support is keeping equities well supported but confidence is […]

China Economy on the Improve

China Economy on the Improve

#CHINA #CORONAVIRUS China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 percent expansion posted […]

Ferrari (NYSE:RACE) Stock Has a Lot More Northside Ahead

Ferrari (NYSE:RACE) Stock Has a Lot More Northside Ahead

#Ferrari #stock #luxury #supercars #value #defensive #Aristocrat #investors #China #Purosangue #value $RACE I believe that more Northside can be found with the iconic Italian Supercar maker, Ferrari (NYSE:RACE). Having initiated coverage prior to the IPO have had my Buy rating on since July 2016 and a price target of 230 since December 2019. The Big Q: Why? […]

Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares slipped Friday posting a weekly loss as fresh restrictions to contain a spike in C-19 coronavirus cases dampened hopes of a quick economic recovery. The S&P/ASX 200 index fell 0.61% to 5,919.2, on the week, it declined 2.3%. In New Zealand, the benchmark S&P/NZX 50 index settled 0.4% […]

Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific  Australian shares finished higher Thursday as investors hoped for further stimulus measures to counter the effects of the latest C-19 coronavirus-led restrictions. The S&P/ASX 200 index was 0.6% higher at 5,955.5 pts at the end of trade. New Zealand, the benchmark S&P/NZX 50 index registered its worst session in 3.5 […]

Wednesday’s World Markets Outlook: Asia-Pacific

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Around the region, MSCI’s Asia sans-Japan stock index was firmer by 0.5%, while Japan’s Nikkei index closed down 0.8%. Shares in Mainland China closed at multi-year highs Wednesday, extending their winning streak to the 7th session. At the close, the Shanghai Composite index was 1.7% higher at 3,403.44, its highest […]

Tuesday’s World Markets Outlook: Asia-Pacific, China blue-chip shares end at over 5-yr high in Bull run’s 6th day running

Tuesday’s World Markets Outlook: Asia-Pacific, China blue-chip shares end at over 5-yr high in Bull run’s 6th day running

#world #stock #markets #coronavirus #AsiaPacific China blue-chip shares end at over 5-yr high in Bull run’s 6th day running Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in […]

World Stock Markets Running Due North, China Will Stimulate

World Stock Markets Running Due North, China Will Stimulate

#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]

Monday’s World Markets Outlook: Asia-Pacific

Monday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares finished lower Monday, snapping 4 straight sessions of gainers, as a spike in domestic cases of the C-19 coronavirus brought fresh restrictions and renewed fears of further economic pain. The S&P/ASX 200 index closed 0.7% lower to 6,014.6, YTD the index has shed 9.37%. New Zealand’s benchmark S&P/NZX […]

Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets $HongKong #Australia #Japan #China #AsiaPacific Hong Kong stocks posted strong gains Thursday, with the index tracking Mainland stocks having its best day in more than 3 months, after a security law went into effect in the city this week. The Hang Seng index rose 2.9% at 25,124.19, while the China Enterprises Index, […]

Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan #HongKong Hong Kong stocks ended higher Friday to post their best weekly gainer in a month, as investors understand that Beijing’s new security law will benefit local markets and lead to more listings by Chinese companies. At the close the Hang Seng was up 248.93 pts or 0.99% […]

A Look at Australia AUDUSD ASX Outlook

A Look at Australia AUDUSD ASX Outlook

#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]

Wednesday’s World Markets Outlook: Asia-Pacific

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #AsiaPacific Australian shares started the financial year on a positive note The S&P/ASX 200 index was up 0.6% at 5,934.40 at the close of trade, helped by a burst of late-buying after the Bell. The benchmark ended 1.4% firmer Tuesday after a senior central bank official said the economy would need “considerable” […]

Weibo Corporation (Nasdaq:WB) to List Debt in Singapore

Weibo Corporation (Nasdaq:WB) to List Debt in Singapore

$WB $GS #WEIBO #BONDS Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced the pricing of its public offering of US$750 million aggregate principal amount of its 3.375% notes due 2030. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected […]

Swine Flu May Cause Next Pandemic

Swine Flu May Cause Next Pandemic

#SWINEFLU #PANDEMIC #CHINA #PIGS Chinese researchers studying influenza viruses among pig populations between 2011 and 2018 conducted 30,000 nasal swabs from animals in 10 provinces – and found 179 swine flu viruses, the majority of which were of a new kind. The study described pigs as important “mixing vessels” for pandemic influenza viruses, adding that […]

Weibo Corporation (Nasdaq:WB) Will Beef Up Balance Sheet with Goldman Sachs

Weibo Corporation (Nasdaq:WB) Will Beef Up Balance Sheet with Goldman Sachs

Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission (the “SEC”) under an automatic shelf registration statement on Form F-3, pursuant to which the Company proposes to sell senior notes. The Company […]

Asian Markets Rally

Asian Markets Rally

#ASIA #FX #STOCKS #CHINA #CORONAVIRUS Stock markets rose in Asia on Tuesday as traders welcomed positive economic data from China and the US, which helped offset a pick-up in virus infections and the reimposition of containment measures in some countries. The easing of lockdowns in recent months has been a key catalyst for world equities […]

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