#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 […]
#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 […]
#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 […]
#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 #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 […]
#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 […]
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 […]
$3968.HK #HongKong #HSI #China #MerchantsBank #Stocks China Merchants BankTicker: 3968.HKPrice: HKD36.65 Business Summary China Merchants Bank Co., Ltd. (the Bank) is a China-based commercial bank. The Bank operates its businesses through three segments, which are Wholesale Finance segment, Retail Finance segment and Other segment. Wholesale Finance segment consists of savings and loans; settlement and cash […]
$4204.T #Tokyo #Sekisui #Chemical #Homebuilding #Stocks Sekisui ChemicalTicker: 4204.TPrice: JPY 1514.00 Business Summary Sekisui Chemical Co., Ltd. is a company that operates in four business segments. The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as […]
$AP.BK #AP #Thailand #HEFFX #Technicals #Stocks #Trading AP (Thailand)Ticker: AP.BKPrice: THB6.15 Business Summary AP Thailand Public Company Limited is a Thailand-based company engaged in real estate development business, such as townhouse, single detached house (SDH) and condominium in the residential area or central business district. The Company operates three business segments: low-rise segment, which is […]
$GELYF #Geely #Automobile #OTC #USA #Trading #Markets Business Summary Geely Automobile Holdings Limited is an investment holding company principally engaged in automobiles. The major products include Emgrand electric vehicles (EVs), Emgrand grand luxury (GL), Geely GC9, Vision sports utility vehicles (SUVs), Emgrand grand super (GS), Geely Kingkong Series, Geely Boyue, Geely Panda, Free Cruiser, New […]
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, #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 […]
#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 […]
#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 […]
$HSI #HongKong #Markets #Trading Hong Kong is launching a replacement Nasdaq-like technology index. It’s a sign that the Asian financial hub, caught in a battle for its future between East and West — is prepared to embrace its role as a gateway for China’s tech industry to the world. Hang Seng Indexes, the city’s leading […]
#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 […]
#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 […]
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 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 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 […]
#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 […]
$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 […]
#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. […]
$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 […]
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 #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 #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? […]
#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% […]
#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 […]
#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 […]
#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 […]
#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 […]
$2628.HK #China #HongKong #ChinaLife #Insurance #Stocks #FakeGold China Life InsuranceTicker: 2628.HKPrice: HKD20.15Recommendation: Sell Business Summary China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and […]
$KGJI #USA #China #Gold #FakeGold #Stocks #StrongSell Lenders to the Nasdaq-listed jewellery maker reportedly have discovered that 83 tons of gold used to borrow billions appear to be copper alloy bars Kingold JewelryTicker: NASDAQ:KGJIPrice: $0.4845Recommendation: Strong Sell Company News U.S. Securities and Exchange Commission is due on Thursday to start hearings on the risks of […]
#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 […]
#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, […]
#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% […]
#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 […]
#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” […]
$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 […]
#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 (“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 […]
#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 […]
#USDJPY #JPY #JAPAN Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another […]
Asian shares rose Tuesday after data showed China’s manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the impact of the C-19 coronavirus chaos. MSCI’s broadest index of Asia-Pacific shares sans Japan was up 0.9%, US stock futures, the S&P 500 e-minis, advanced 0.23% […]
Australian shares closed 1.5% lower Monday, with financials and energy stocks leading the declines. The S&P/ASX 200 index end down 1.5% to 5,815.0, its lowest close since 15 June. In New Zealand, the benchmark S&P/NZX 50 index rose 1.1% at 11,252.54 as utility and healthcare stocks gained. Japanese shares fell Monday, tracking Wall Street’s retreat […]
Tencent Holdings Ltd 0700.HK Target HKD$1000 Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region. Western firms, led by Netflix, dominate streaming globally but companies from the world’s number two economy have been taking tentative […]
#FX #AUDUSD #AUD #AUSTRALIA Already over taxed and under serviced the Aussie worker is taking on an increasing amount of debt via Government bail-out and assistance programs. Afer making themselves dependent on China they now find themselves at odds with their self appointed benefactor. Government Debt to GDP in Australia averaged 24.41 percent from 1989 […]
Beken Corporation (603068.SS) China $603068 #semiconductors #beken #stocks #investing – China Is Still In Business Looking at chips, there’s a huge kind of market opportunity Beken CorporationTicker: 603068.SSPrice: CNY 81.44Recommendation: Buy Sector News U.S. curbs on Chinese tech companies amid the heightening Sino-U.S. battle for tech supremacy are feeding an investment boom across China’s semiconductor […]
Australian shares closed 2.5% lower Thursday, snapping a 4-day winning streak, as rising concerns about a resurgence of C-19 coronavirus cases. The S&P/ASX 200 index ended 2.5% lower at 5,817.7 in its worst session since 12 June. New Zealand’s benchmark S&P/NZX 50 index declined 1.2% or 135.05 pts to 11,124.36. Japanese stocks ended at a […]
Gold and healthcare stocks helped Australian shares eke out another session of gains on Wednesday, as investors remained cautiously optimistic about hopes of an economic recovery even as C-19 coronavirus cases continue to rise. The S&P/ASX 200 index ended up 0.2% at 5,965.70 to a 4th straight session of gainers. The benchmark is down 10.9% […]
Bangkok Bank Public Company Limited (BBL.BK) $BBL Given Buy Rating By Shayne Heffernan Big drop in bank stock prices walloped SET Index yesterday – Buy on Dips Bangkok BankTicker: BBL.BKPrice: THB 106.50 The stock exchange of Thailand Index on Monday (June 22) fell by 18 points because of a 6.37 per cent drop in the […]
Samsung Electronics Co., Ltd. (005930.KS) $005930 HEFFX Shayne Heffernan Strong Buy Stock Samsung ElectronicsTicker: 005930.KSPrice: KRW 51,400 Samsung Demonstrates New Drone-Based AI Solution to Optimize 5G Network Performance Samsung Electronics today announced a successful demonstration of its new drone-based antenna configuration measurement solution for 4G and 5G networks in the company’s campus. This automated solution […]
Around the region, MSCI’s Asia sans-Japan stock index was firmer by 0.75%, while Japan’s Nikkei index closed 0.5% higher. Australian shares inched up Tuesday, as gains in miners offset losses in financials. The S&P/ASX 200 index ended 0.2% higher at 5,944.5, gaining for a 3rd session running. New Zealand’s benchmark S&P/NZX 50 index fell 0.2% […]
SK Telecom Co.,Ltd (017670.KS) $017670 Evolution Beyond 5G SK TelecomTicker: 017670.KSPrice: KRW 206,500 South Korea’s SK telecom (017670.KS) has invested $20 million in Nanox, enabling the Israeli medical imaging company to close a $51 million funding round. This investment brings to $80 million the amount raised from strategic partners Foxconn, FujiFilm and others. In addition, […]
$ES=F $YM=F $NQ=F Stocks mostly rose Tuesday as investors continue to see the positives in the reopening of economies around the world, which is offsetting worries about a second wave of infections. But the possibility of a renewed China-US trade war hurtled back into the mix after top White House economics adviser Peter Navarro said […]
Australian shares finished flat to little changed Monday, rebounding from a 1% drop earlier in the session as fears of 2nd China Virus wave kept investors on the sidelines, with gains among gold miners offset by losses in tech and energy stocks. The S&P/ASX 200 index ended 0.03% higher at 5,944.5 pts in a 2nd […]
China Unicom (Hong Kong) Limited (0762.HK) Upcoming Industry Trend, Undervalued + Long-Term Growth China UnicomTicker: 0762.HKPrice: HKD 4.39 China’s telecommunications industry saw steady growth in the first five months of this year, data showed. The combined industrial revenue reached 574.1 billion yuan ($81 billion) during the period, up 2.8% year-on-year, according to the Ministry of […]
Australian shares gained Friday helped by energy stocks that tracked higher Crude Oil prices, although worries remained about a 2nd wave of C-19 coronavirus infections around the world. The S&P/ASX 200 index rose 0.73% at 5,979.9 in early trade and hit its highest since 11 June. In New Zealand, the benchmark S&P/NZX 50 index rose […]
China stocks firmed Thursday as policymakers assured investors that the economy is gradually recovering from the C-19 coronavirus chaos, while pledging more reforms and liquidity to bolster capital markets. At the midday break, the Shanghai Composite index was up 0.03% at 2,936.88 pts, while China’s blue-chip CSI300 index rose 0.46%. The smaller Shenzhen index was […]
Australian shares advanced Wednesday as hopes for a fast global economic recovery rose after a record rise in US retail sales. The S&P/ASX 200 index rose 0.83% at 5,991.8 pts at the close. The benchmark rose 3.9% Tuesday. New Zealand’s benchmark S&P/NZX 50 index rose 3.5% to finish the session at 11,334.31. Wednesday at the […]
F&F Co., Ltd. (007700.KS) Shayne Heffernan Recommended Stock F&F Co., Ltd. shows signs of being a high quality, strong momentum stock F&F Co.Ticker: 007700.KSPrice: KRW 97,100 Positive momentum trends show up in share prices and earnings growth. You can find the clues in stocks that are trading close to their 52 week high prices and outperforming the market. They’ll often be […]
Australian shares rose the most in more than 2 months Tuesday as the Fed’s move to start buying corporate bonds and upbeat remarks from the domestic central bank boosted investor confidence. The S&P/ASX 200 index rose 3.89% at 5,942.3 points at the close of trade, snapping 3 straight sessions of losses. In New Zealand, the […]
Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.75% while Japan’s Nikkei index was down 1.28%. Australian shares closed at their lowest marks in 3 wks Monday due to a healthy pull back in this Bull run. The S&P/ASX 200 index ended 2.2% lower to 5,719.8, its lowest close since 25 […]
Korea Zinc Company, Ltd. (010130.KS) Big Upside Potential Korea Zinc is rising to be the world’s most competitive refinery Korea ZincTicker: 010130.KSPrice: KRW 345,000.00 Business Summary Korea Zinc Inc. is a Korea-based company principally engaged in the manufacture and distribution of non-ferrous metal products. The Company’s non-ferrous metal products consist of precious metal products, including […]
INOX Leisure Limited (INOXLEISUR.NS) Will Rise As India Reopens Company has sufficient liquidity to fund business operations for next 6 months INOX LeisureTicker: INOXLEISUR.NSPrice: INR 245.15 Multiplex chain operator Inox Leisure Ltd said it has sufficient liquidity to fund business operations for a minimum of the next six months although cinema halls of the company […]
The ongoing dispute between the two powerhouses of the world has caused more than just waves in their respective economies. As a result of the trade diversions set out by the US, the EU, Taiwan, Mexico and Vietnam have now picked up parts of this trade. Lucrative as it has been for them and the […]
HEFFX: ICICI Bank Limited (ICICIBANK.NS) Shayne Heffernan Issues Strong Buy ICICI Bank is trading at a significant discount to historical average valuations and offers favourable risk-reward from current levels given global tailwinds. ICICI BankTicker: ICICIBANK.NSPrice: INR 334.70 The stock been assigned a Strong Buy call by Shayne Heffernan CEO and Founder of HEFFX, given its […]
China Life Insurance Company Limited (2628.HK) Is A Solid Bet The gradual evaporation of fears over COVID-19 will eventually help China Life Insurance regain what it lost before this pandemic came around. China Life InsuranceTicker: 2628:HKPrice: HKD 15.90 China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance […]
SKorean shares rose for the 9th straight session Wednesday on hopes for a quick recovery from the C-19 coronavirus chaos-induced economic downturn, though investors maintained a cautious stance ahead of a Fed policy decision. The Korean Won firmed to its highest close in more than 3 months, and the benchmark bond yield rose. The Seoul […]
Australian shares rose more than 3% Tuesday, with gains propped up by miners and financial stocks, as investors continued to bet on a swift economic rebound from the damage wrought by the C-19 coronavirus chaos. Returning from a holiday-extended weekend, the S&P/ASX 200 rose 2.6% to 6,153.7 by 0037 GMT, up for a 6th straight […]
Asian stocks extended gains Friday and were set for their biggest weekly rise since Y 2011 while the EUR hit a 1.5 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound. Australian shares edged lower Friday, dragged by healthcare and technology stocks, as the index eased out of […]
More tax breaks? China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to urge private money to fund infrastructure such as toll roads and sewage systems, however authorities have their work cut out in creating a fully-fledged market. In several countries REITs are used as a way for investors to own […]
Facebook, Inc. (NASDAQ:FB) Backing Gojek, Indonesia’s Largest Unicorn Facebook is doubling down on Asia. Just weeks after making a $5.7bn investment in India’s Reliance Jio, the United States social media giant is backing Gojek, Indonesia’s largest unicorn. Facebook did not disclose the size of the investment, that is focused on GoPay, the start-up’s payments arm, […]
SoftBank Group Corp. (9984.T) calls for fight against racial injustice Sets Up $100m Fund Japanese tech conglomerate SoftBank group will begin a $100 million fund dedicated to companies led by founders and entrepreneurs of color, as protests over racial injustice and police brutality erupt across the U.S. The Opportunity Growth Fund will be the biggest […]
World stocks have risen 35% from a late March bottom. Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery. The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over […]
NetEase, Inc. (NASDAQ:NTES) Seeks Second Listing As US Bill Threatens Delisting Game developer NetEase began Hong Kong’s biggest stock sale so far this year on Monday, seeking as much as $3 billion in a listing as the U.S. weighs new rules that will push Chinese firms out of the New York stock market. The Nasdaq-listed […]
Hong Kong: HANG SENG INDEX (.HSI) Start the Week in the Green Stocks in Hong Kong and China soared on Monday as investors expressed relief after U.S. President Donald Trump stopped short of specifying tough sanctions over Beijing’s new national security law for Hong Kong. Stronger-than-expected manufacturing activity in China also contributed to the gains. […]
$XAU $GLD Gold prices rose Monday as riots in major US cities concerned investors already reeling from strained US-China ties and boosted the demand for the safe-haven precious Yellow metal, with a weaker dollar lending further support. Spot gold gained 0.9% at 1,741.61 oz by 0509 GMT. US gold futures was up 0.3% to 1,757.50. […]
Hong Kong led an Asia-wide market rally Monday as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of virus lockdowns continued to provide support. However, violent anti-racism protests across the US have fuelled worries of a pick-up in COVID-19 infections and more […]
JD.com, Inc. (NASDAQ:JD) to Spend $100 Million to Back Appliance Store Operator Gome Retail Holdings JD.com will pay $100 million to back appliance store operator Gome Retail Holdings, a move which will expand the brick-and-mortar presence of China’s second-largest etailer. The recently announced strategic tie-up has JD.com purchasing convertible bonds that could translate to a […]
Australia: S&P/ASX 200 (.AXJO) Poised for Small Dip at Open The Australian sharemarket is tipped to stumble into a new week as investors gauge whether the easing of lockdowns – and also the promise of accelerated retail spending – will ward off concerns a COVID rally has gone too hard, too fast. The SPI futures […]
Don’t expect Trump’s policies to concern China overly, they have already built trade routes the world over and will continue to invest regionally in South East Asia. As China exits the Coronavirus ahead of the USA it has significant opportunity to cement trade deals ahead of other nations still stuck in the pandemic quagmire. Factory […]
$RACE F1 giant Ferrari (NYSE:RACE) has chosen Sydney as the base for a new program aimed at finding Top driver talent in the Asia-Pacific region. The new Ferrari Driver Academy will be based at the Sydney Motorsport Park to attract drivers from Australia, New Zealand and countries through Asia. Similar development programs have produced talent […]
SoftBank Group Corp. (9984.T) CEO Doubles His Pay The CEO of SoftBank Group’s Vision Fund, Rajeev Misra, more than doubled his pay for the year ended March, despite the investment fund having lost $17 billion over the period. Misra, who is also a member of SoftBank’s board, will receive 1.6 billion yen ($14.9 million) in […]
Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]
Hong Kong shares ended lower Thursday. The Hang Seng index closed down 0.7% to 23,132.76, after falling more than 2% mid-session to its lowest mark since 25 May. The Hang Seng China Enterprises index fell 0.2%. The sub-index of the Hang Seng tracking energy shares was flat, the IT sector lost almost 2%, the financial […]
Market Overview: Beware of Rally, Shake Coming The Day Ahead The United States prints personal consumption expenditures prices for 1Q20, as well as the Energy information Administration’s crude oil, gasoline, fuel production, and heating oil stocks change for the week concluded 22 may. South Korea announces April’s industrial production. Japan releases April’s industrial production and […]
Australian shares settled lower Wednesday as rising tensions in Hong Kong over China’s proposed security law took the shine off surging bank stocks and tempered expectations of a global economic recovery. The S&P/ASX 200 opened lower but recouped losses to rise 1% in intra-day trade. However, selling in the final 15 mins of trade wiped […]
Whether we emerge from the most acute phase of the pandemic into a Brave New World is largely dependent on whether we’re all observing heightened hygiene protocols. Hand-washing has become de rigueur and many of us routinely respect a six-foot corona bubble of personal space when we encounter others. Hotels know this, and are enacting […]
Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]
Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
Thailand Baht: USD/THB (THB) Exports Rose, No New COVID-19 Cases A key trade group sees a potentially healthier export picture after shipments rose for a second straight month in April, driven by farm products and gold. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said the April surprise signals that full-year exports might shrink […]
Australian Dollar: USD/AUD (AUD=X) Further escalation in Australia – China tensions There have been reports about China trade retaliation following the 80% tariff on barley imports from Australia for the next 5 years together with Chinese officials having drawn up a list regarding potential goods including seafood, oatmeal and fruit that could be subject to […]
Thailand Baht: USD/THB (THB) Bank of Thailand cuts policy rate to record low The Bank of Thailand policy committee cut the benchmark interest rate by 25bps to a record low of 0.5%, backed by a 4-3 vote. The central bank maintained a cautious tone on the growth outlook, expecting a slower turnaround from the external […]
China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]
Asian markets fluctuated Thursday after rallying for much of the week, with any gains dragged by profit-taking while concerns over the long-term impact of the virus and worsening China-US relations added to the selling pressure. Equities have enjoyed weeks of gains thanks to signs of an easing in the disease in major economies and the […]
HEFFX have issued a STRONG BUY recommendation on Carabao Group. (CBG.BK) based on a one-year target price of 167.00 baht, offering a 75.79% upside potential from its closing price of 95.00 baht on May, 20th, 2020. Our recommendation is primarily driven by strong margins and growing revenue combined with an excellent balance sheet. About Carabao […]
China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]