AirAsia Berhad (5099:KL) can resurrect ‘dying’ Malaysia Airlines

AirAsia Berhad (5099:KL) can resurrect ‘dying’ Malaysia Airlines

AirAsia Berhad (5099:KL) can resurrect ‘dying’ Malaysia Airlines Low-cost airline giant AirAsia Group Bhd is seen as a successful airline operator with the capability to save national carrier Malaysia Airlines Bhd (MAB) from “dying”, says Shayne Heffernan, CEO and Founder of Heffx. He pointed out that AirAsia already has one element that is similar to […]

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks Stocks surged in China today as investors welcomed an agreement between Donald Trump and Xi Jinping to resume trade talks. The benchmark Shanghai Composite Index rallied 2.22 per cent, or 66.02 points, to 3,044.90, while the […]

Japanese Yen: USD/JPY (JPY=X) Investors now shift their focus to this week’s important US macro releases

Japanese Yen: USD/JPY (JPY=X) Investors now shift their focus to this week’s important US macro releases

Japanese Yen: USD/JPY (JPY=X) Investors now shift their focus to this week’s important US macro releases The USD/JPY pair quickly retreated around 30-pips from near two-week tops, albeit has managed to hold its neck comfortably above the 108.00 handle. The pair built on last week’s goodish recovery move from multi-month lows and opened with a […]

Australian Dollar: USD/AUD (AUD=X) showing extreme negativity

Australian Dollar: USD/AUD (AUD=X) showing extreme negativity

Australian Dollar: USD/AUD (AUD=X) showing extreme negativity The Australian dollar initially gapped higher but then turned right back around to form a very negative candle. This is an ugly little, as the 0.70 level seems to have resisted the market. Beyond that, we have had the meeting between the Americans and the Chinese, and perhaps the […]

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war Mainland markets rallied on Monday after Presidents Donald Trump and Xi Jinping hit the pause button on the trade war over the weekend, boosting trading sentiment. The Shanghai Composite ended up 2.22 per cent to 3,044.90, its highest level since […]

Australia: S&P/ASX 200 (.AXJO) failed to make strong gains after the US and China agreed to resume trade talks

Australia: S&P/ASX 200 (.AXJO) failed to make strong gains after the US and China agreed to resume trade talks

Australia: S&P/ASX 200 (.AXJO) failed to make strong gains after the US and China agreed to resume trade talks The Australian share market has closed higher but failed to make strong gains after the US and China agreed to resume trade talks over the weekend. The benchmark S&P/ASX200 index was up 29.3 points, or 0.44 […]

Singapore: STI Index (.STI) the G-20 summit in Osaka fuelled optimism that trade tensions between the US and China will ease

Singapore: STI Index (.STI)  the G-20 summit in Osaka fuelled optimism that trade tensions between the US and China will ease

Singapore: STI Index (.STI) the G-20 summit in Osaka fuelled optimism that trade tensions between the US and China will ease Singapore stocks resumed trading in positive territory on Monday, with the Straits Times Index gaining 41.8 points or 1.3 per cent to 3,363.45 as at 1.01pm.  This comes as the G-20 summit in Osaka […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: The US and China agreed on Saturday to resume trade negotiations after President Trump offered concessions to his Chinese counterpart Xi when the 2 leaders met on the sidelines of the G-20 Summit in Japan. OPEC and […]

Australia: S&P/ASX 200 (.AXJO) RBA decision in focus

Australia: S&P/ASX 200 (.AXJO) RBA decision in focus

Australia: S&P/ASX 200 (.AXJO) RBA decision in focus Australian shares are poised to open higher to start the new fiscal year, bolstered by the weekend US-China trade truce and with investors positioning for a rate cut as soon as tomorrow. ASX futures were up 18 points or 0.3 per cent to 6577 over the weekend. […]

Australian Dollar: USD/AUD (AUD=X) RBA is expected to cut rates this week on Tuesday

Australian Dollar: USD/AUD (AUD=X) RBA is expected to cut rates this week on Tuesday

Australian Dollar: USD/AUD (AUD=X) RBA is expected to cut rates this week on Tuesday Although the RBA is expected to cut rates this week on Tuesday, comments last week from RBA Governor Philip Lowe indicated a somewhat dovish tone moving forward. Lowe essentially said that to expect a further interest rate cut was “no unrealistic”. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Ease Notes: President Trump made clear Friday that trade is his Top priority at this G-20 Summit, as China’s Xi warned against rising protectionism and India, Japan and Russia defended multi-lateral trade rules. Investors and Traders await the meeting between […]

NASA to Send Probe to Saturn’s Moon for Clues on Human Origins

NASA to Send Probe to Saturn’s Moon for Clues on Human Origins

NASA plans to send Dragonfly, a drone, to Saturn’s biggest Moon, Titan, the agency said Thursday, announcing the space agency’s latest high-profile mission to explore the solar system for clues on humanity’s origins. “Today I am proud to announce that our next New Frontiers mission, Dragonfly, will explore Saturn’s largest moon, Titan,” NASA administrator Jim […]

Top 10 Best Tourist Attractions in Tokyo

Top 10 Best Tourist Attractions in Tokyo

Top 10 Best Tourist Attractions in Tokyo Tokyo, the capital city of Japan, is also home to the Imperial Palace and the seat of Government and Parliament. In East-Central Honshu, the largest of Japan’s main islands, this heavily populated city is well worth exploring. One of the world’s most modern cities in terms of its […]

Shanghai: SSE Composite Index (.SSEC) shares rally

Shanghai: SSE Composite Index (.SSEC) shares rally

Shanghai: SSE Composite Index (.SSEC) shares rally Chinese stocks closed higher on Thursday, with the 5G and liquor industries leading the bullish trend. The benchmark Shanghai Composite Index gained 0.69 percent to close at 2,996.79 points while the Shenzhen Component Index closed at 9,239.48 points, up 1.28 percent. The combined turnover in the two indices […]

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders Shares in Hong Kong rose on Thursday, extending the previous day’s cautious gains, as investors’ hopes of a trade truce between the United States and China […]

Australia: S&P/ASX 200 (.AXJO) set to edge lower

Australia: S&P/ASX 200 (.AXJO) set to edge lower

Australia: S&P/ASX 200 (.AXJO) set to edge lower Australian shares are poised to edge lower at the open, amid directionless trading on Wall Street. ASX futures were down 15 points or 0.2% to 6554 near 7.25am AEST. The Australian dollar rose 0.3% to US69.85¢. The NZ dollar gained 0.6 per cent to US66.79¢. The 26-point […]

Australian Dollar: USD/AUD (AUD=X) 10% undervalued Vs USD after 2018-2019 falls

Australian Dollar: USD/AUD (AUD=X) 10% undervalued Vs USD after 2018-2019 falls

Australian Dollar: USD/AUD (AUD=X) 10% undervalued Vs USD after 2018-2019 falls The Australian Dollar is undervalued by a double-digit percentage although correcting the mismatch between market prices and the intrinsic value of the Antipodean unit could be a long and drawn out process, according to new analysis from Commonwealth Bank of Australia. Australia’s currency is down almost 1% […]

Singapore: STI Index (.STI) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX

Singapore: STI Index (.STI) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX

Singapore: STI Index (.STI) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX The Singapore Exchange (SGX) on Thursday (June 27) announced a new organisation structure and that Muthukrishnan Ramaswami, 62, will step down as president of SGX on Oct 1 after 12 years in the role. […]

Japanese Yen: USD/JPY (JPY=X) struggles to find direction

Japanese Yen: USD/JPY (JPY=X) struggles to find direction

Japanese Yen: USD/JPY (JPY=X) struggles to find direction After climbing to its highest level in more than two weeks at 108.16, the USD/JPY pair lost its traction in the last hours and erased its daily gains. As of writing, the pair was virtually unchanged on a daily basis at 107.84. The latest reports surrounding the […]

President Trump Begins Talks on China Trade, Iran, and NKorea

President Trump Begins Talks on China Trade, Iran, and NKorea

Thursday, President Trump began his overseas trip of the year with dinner with the Prime Minister of Australia, a friendly opening act before the impending gauntlet of negotiations on international crises, trade wars and a growing global To-Do list. President Trump is in Osaka, Japan, for the annual G-20 Summit. As his re-election bid heats […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: Investors and Traders await the meeting between Presidents Trump and Xi later this week for signs of a de-escalation in the trade dispute. The 2 world leaders will meet at the G-20 Summit in Japan. Just in from […]

Sime Darby Berhad (SIPL:KL) units sell stake in Indonesian firm for RM123.1m

Sime Darby Berhad (SIPL:KL) units sell stake in Indonesian firm for RM123.1m

Sime Darby Berhad (SIPL:KL) units sell stake in Indonesian firm for RM123.1m Sime Darby Plantation Bhd’s two indirect units have disposed of their entire equity interest in PT Mitra Austral Sejahtera to PT Inti Nusa Sejahtera for RM123.1 million. The two units are PT Ladangrumpun Suburabadi and PT Teguh Sempurna.  In a filing to Bursa Malaysia, the group […]

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday Health care stocks were top gainers in China and Hong Kong stock exchanges, as investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump […]

Australian Dollar: USD/AUD (AUD=X) Benefits from Trade Hopes and Central Bank Speculation

Australian Dollar: USD/AUD (AUD=X) Benefits from Trade Hopes and Central Bank Speculation

Australian Dollar: USD/AUD (AUD=X) Benefits from Trade Hopes and Central Bank Speculation Despite slightly dampened Federal Reserve interest rate cut bets, the Australian Dollar to US Dollar (AUD/USD) exchange rate has continued to advance this week so far. The Australian Dollar (AUD) continues to rebound from its recent lows due to numerous factors. Since hitting […]

Australia: S&P/ASX 200 (.AXJO) local investors largely shrugged off a Fed-driven sell-off

Australia: S&P/ASX 200 (.AXJO) local investors largely shrugged off a Fed-driven sell-off

Australia: S&P/ASX 200 (.AXJO) local investors largely shrugged off a Fed-driven sell-off Australian shares closed slightly lower on Wednesday, as local investors largely shrugged off a Fed-driven sell-off on Wall Street on Tuesday. The S&P/ASX 200 Index slid 17.5 points, or 0.3 per cent, to 6640.5 while the broader All Ordinaries lost 18.4 points, or […]

Shanghai: SSE Composite Index (.SSEC) Expected Sideways Trading

Shanghai: SSE Composite Index (.SSEC) Expected Sideways Trading

Shanghai: SSE Composite Index (.SSEC) Expected Sideways Trading Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index down 0.19 percent, at 2,976.28 points. The Shenzhen Component Index closed 0.05 percent higher at 9,122.43 points. The combined turnover of stocks in the two indices stood at 391.7 billion yuan (about 57.02 billion U.S. […]

Japanese Yen: USD/JPY (JPY=X) appears ripe for a pullback given the grind at support around the 107.00

Japanese Yen: USD/JPY (JPY=X) appears ripe for a pullback given the grind at support around the 107.00

Japanese Yen: USD/JPY (JPY=X) appears ripe for a pullback given the grind at support around the 107.00 Back on the short-side of the US Dollar, USDJPY has been an area of focus for the past month. The pair has done a fairly decent job of reflecting risk tonalities this year; flying-higher through Q1 as equity markets […]

Asian Markets Mixed

Asian Markets Mixed

Asian markets are mixed this morning as the Hang Seng gains 46 points whilst the Nikkei225 is lower by 107 points. US Consumer debt is now above those levels seen in 2008 and the Global Financial Collapse and warnings have surfaced that a housing market slump could drive global growth to a 10 year low […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Down “The Stars look to be aligning for the Gold market, Gold could rise as high as $1,500 by the end of the year”– PE The Big Q: Why the Melt Up? The Big A: If gold remains above previous […]

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping Asian stocks fell in morning trade on Tuesday, as traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. China’s Shanghai […]

Top 10 Restaurants in Tokyo

Top 10 Restaurants in Tokyo

Top 10 Restaurants in Tokyo Boasting the most Michelin-starred restaurants of any city in the world and dominating San Pellegrino’s list of the best 50 restaurants in Asia, it’s no secret that Tokyo offers one of the best dining scenes on the planet. Tokyo’s dining options are so diverse and outstanding that we decided to […]

Shanghai: SSE Composite Index (.SSEC) investors locking in profits

Shanghai: SSE Composite Index (.SSEC) investors locking in profits

Shanghai: SSE Composite Index (.SSEC) investors locking in profits Chinese shares ended lower on Tuesday, snapping a six-day streak of gains, as investors locked in profits, while concerns that China and the United States would make little headway toward resolving their bitter trade war this week also hurt sentiment. At the close, the Shanghai Composite […]

Australian Dollar: USD/AUD (AUD=X) can continue to go higher with people knowing that the RBA is very likely to cut rates

Australian Dollar: USD/AUD (AUD=X) can continue to go higher with people knowing that the RBA is very likely to cut rates

Australian Dollar: USD/AUD (AUD=X) can continue to go higher with people knowing that the RBA is very likely to cut rates The Australian dollar has rallied during trading on Monday, reaching the 50 day EMA before pulling back slightly at the end of the session. At this point, the question is whether or not the […]

Japanese Yen: USD/JPY (JPY=X) rises above 107 vs dollar, highest since January

Japanese Yen: USD/JPY (JPY=X) rises above 107 vs dollar, highest since January

Japanese Yen: USD/JPY (JPY=X) rises above 107 vs dollar, highest since January The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency. The euro hit a […]

Australia: S&P/ASX 200 (.AXJO) investors remain cautious ahead of key trade talks later this week

Australia: S&P/ASX 200 (.AXJO) investors remain cautious ahead of key trade talks later this week

Australia: S&P/ASX 200 (.AXJO) investors remain cautious ahead of key trade talks later this week The Australian sharemarket closed slightly lower on Tuesday, as investors remained cautious ahead of key trade talks later this week, shifting capital into more defensive assets. The S&P/ASX 200 Index slid 7.4 points, or 0.1 per cent, to 6658 while […]

Singapore: STI Index (.STI) dips on Fed’s dovish stance

Singapore: STI Index (.STI) dips on Fed’s dovish stance

Singapore: STI Index (.STI) dips on Fed’s dovish stance Lacking catalysts, the local equities market had a cautious start to the week, and like its regional peers, saw muted market action. The Straits Times Index (STI) finished at 3,311.53, down 9.87 points, or 0.3 per cent. It was mixed across the region with markets in […]

TRC SYNERGY BHD (TRCG:KL) sees flat revenue growth in FY19 on fewer jobs

TRC SYNERGY BHD (TRCG:KL) sees flat revenue growth in FY19 on fewer jobs

TRC SYNERGY BHD (TRCG:KL) sees flat revenue growth in FY19 on fewer jobs Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs. Executive director Datuk Abdulaziz Mohamad said the group has set a lower tender book replenishment target of RM2 […]

TELEKOM MALAYSIA BHD (TLMM:KL) extends gains, climbs as high as 4.2%

TELEKOM MALAYSIA BHD (TLMM:KL) extends gains, climbs as high as 4.2%

TELEKOM MALAYSIA BHD (TLMM:KL) extends gains, climbs as high as 4.2% Investors’ appetite for Telekom Malaysia Bhd (TM) appears to be increasing, as the stock was climbing again to an intraday high of RM4.22 earlier today, or 4.2% higher than its closing price of RM4.05 yesterday. As at 3.29pm, the counter, which was the sixth […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Off, Stocks Down “The Stars look to be aligning for the Gold market, Gold could rise as high as $1,500 by the end of the year”– PE The Big Q: Why? The Big A: If gold remains above previous highs […]

Top 10 Best Hotels in Japan

Top 10 Best Hotels in Japan

Top 10 Best Hotels in Japan Japan’s colourful shrines, fascinating geisha districts and age-old Buddhist temples stand witness to the country’s rich cultural heritage and ancient history. From the famous monuments in the stunning imperial city of Kyoto to the bustling capital of Tokyo with its dizzying dimensions and flashing neon lights, there is no shortage […]

TENAGA NASIONAL BHD (TENA:KL) names Shahazwan Harris to lead IAG

TENAGA NASIONAL BHD (TENA:KL) names Shahazwan Harris to lead IAG

TENAGA NASIONAL BHD (TENA:KL) names Shahazwan Harris to lead IAG Tenaga Nasional Bhd (TNB) has appointed Shahazwan Harris as its chief international officer, tasked with leading its new division International Asset Group (IAG) effective July 1, 2019. TNB CEO and president Amir Hamzah Azizan said Shahazwan has been involved in various sectors, which will place […]

PETRONAS GAS BHD (PGAS:KL) will not be affected with Moody’s downgrade

PETRONAS GAS BHD (PGAS:KL) will not be affected with Moody’s downgrade

PETRONAS GAS BHD (PGAS:KL) will not be affected with Moody’s downgrade Prime Minister Tun Dr Mahathir Mohamad (picture) said that Moody’s Investors Service Inc recent downgrade of Petroliam Nasional Bhd’s credit rating may be inaccurate but believed change would not impact the state-owned energy company. “That is Moody’s assessment, but they are not necessarily right. Sometimes some […]

Shanghai: SSE Composite Index (.SSEC) global investors who crave for a bite of China’s economic growth dividends have more channels

Shanghai: SSE Composite Index (.SSEC) global investors who crave for a bite of China’s economic growth dividends have more channels

Shanghai: SSE Composite Index (.SSEC) global investors who crave for a bite of China’s economic growth dividends have more channels Starting from Monday, global investors who crave for a bite of China’s economic growth dividends have more channels. Nearly 1,100 companies listed on China’s A-shares market became eligible for investment by certain overseas funds and […]

Australian Dollar: USD/AUD (AUD=X) pops on RBA comments

Australian Dollar: USD/AUD (AUD=X) pops on RBA comments

Australian Dollar: USD/AUD (AUD=X) pops on RBA comments The Australian Dollar experienced a little lift to kick-off the trading week. A short-term phenomenon, for sure, the local unit climbed following comments made by RBA Governor Philip Lowe at a panel discussion yesterday morning, that “… it’s legitimate to ask how effective more [monetary policy] easing […]

Singapore: STI Index (.STI) Consumer Price Index (CPI) grew 0.9 percent year-on-year in May

Singapore: STI Index (.STI) Consumer Price Index (CPI) grew 0.9 percent year-on-year in May

Singapore: STI Index (.STI) Consumer Price Index (CPI) grew 0.9 percent year-on-year in May Singapore’s Consumer Price Index (CPI) grew 0.9 percent year-on-year in May, following the 0.8 percent increase in April, the Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said in a joint release on Monday. The authorities attribute […]

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks Asian stock markets struggled Monday, with some spotty gains amid bullish optimism emerging for a thaw in U.S.-China trade talks. The Chinese state-run Xinhua news agency said Sunday that China’s President Xi Jinping will attend the G-20 summit in […]

Australia: S&P/ASX 200 (.AXJO) Investors are cautiously optimistic China and the US could reach a trade truce

Australia: S&P/ASX 200 (.AXJO) Investors are cautiously optimistic China and the US could reach a trade truce

Australia: S&P/ASX 200 (.AXJO) Investors are cautiously optimistic China and the US could reach a trade truce Australian shares opened the week’s trading higher on Monday, as the market rallied from an opening loss on a subdued day of trading ahead of a key meeting between US President Donald Trump and China’s Xi Jinping later […]

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

Monday, President Trump said he sent NKorean leader Kim Jong Un a “very friendly letter” in response to Birthday greetings he received last week from Chairman Kim. The exchange of letters comes as the 2 countries negotiate the future of NKorea’s nuclear program and before President Trump leaves Wednesday for an Asia trip that will […]

Top 10 Best Restaurants in Hong Kong

Top 10 Best Restaurants in Hong Kong

Top 10 Best Restaurants in Hong Kong Luring chefs from all over the world, Hong Kong is a wonderland for food-obsessed travelers. In between dim sum and Chinese traditions, you’ll be spoiled for choice when it comes to international flavors. Choose from Lebanese sharing plates and Sri Lankan cuisine, numbing Sichuan or Japanese-Nordic creations. Hong […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Firm, Stocks Up Notes: Investors are awaiting an expected meeting between Presidents Trump and Xi later this week for any signs of a de-escalation in a trade dispute. The 2 world leaders will meet on the sidelines of the G-20 […]

Shanghai: SSE Composite Index (.SSEC) sees mixed trading

Shanghai: SSE Composite Index (.SSEC) sees mixed trading

Shanghai: SSE Composite Index (.SSEC) sees mixed trading Stocks in Asia Pacific traded mixed on Monday morning, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an American surveillance drone. Mainland Chinese stocks rose in early trade, with the Shanghai composite up 0.11%, while the Shenzhen component and […]

Japanese Yen: USD/JPY (JPY=X) likely to continue to be determined by trader reaction to Treasury yields

Japanese Yen: USD/JPY (JPY=X) likely to continue to be determined by trader reaction to Treasury yields

Japanese Yen: USD/JPY (JPY=X) likely to continue to be determined by trader reaction to Treasury yields Even with U.S. investors pricing in a 100-percent chance of a rate cut at the Fed’s next meeting on July 31, the direction of the USD/JPY is likely to continue to be determined by trader reaction to Treasury yields. […]

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes Central banks have helped supercharge a rebound in Hong Kong stocks. The Hang Seng Index jumped 5% last week, beating all other 93 major benchmarks tracked by Bloomberg. That’s its best weekly rally since early November. The Hang Seng Enterprises Index was a close […]

Australian Dollar: USD/AUD (AUD=X) highlights this week

Australian Dollar: USD/AUD (AUD=X) highlights this week

Australian Dollar: USD/AUD (AUD=X) highlights this week The RBA minutes were dovish, which was not a surprise, coming after the RBA cut rates from 1.50% to 1.25%. Policymakers said that it was “more likely than not” that further policy easing would be appropriate. On the housing front, the House Price Index plunged 3.0% in Q1, […]

Australia: S&P/ASX 200 (.AXJO) Weekly Bullish Outlook

Australia: S&P/ASX 200 (.AXJO) Weekly Bullish Outlook

Australia: S&P/ASX 200 (.AXJO) Weekly Bullish Outlook Finally, the ASX 200 is amid a rally of its own. After a recent rate cut, commentary from RBA Governor Lowe suggests the bank is open to more. This could provide a healthy tailwind for the Index in the near-term while simultaneously contributing to the continued deterioration of the Australian Dollar. […]

These are ‘The Best’ Airlines

These are ‘The Best’ Airlines

Skytrax has released its annual World Airline Awards, with Qatar Airways reclaiming the #1 spot from Singapore Airlines. This marks the 5th time Qatar has been honored, previously it won in Ys 2011, 2012, 2015 and 2017. “It is a proud moment for the airline as our constant innovation and service standards set the benchmark in […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Spiked, USD Down, Crude Oil Up, Stocks Up Notes: The Fed Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about […]

China’s Xi Jinping told Kim Jong Un that the world wanted him to make progress in nuclear talks with the US

China’s Xi Jinping told Kim Jong Un that the world wanted him to make progress in nuclear talks with the US

China’s Xi Jinping told Kim Jong Un that the world wanted him to make progress in nuclear talks with the US, underscoring Beijing’s key role in negotiations ahead of his own summit with President Donald Trump. The Chinese president said during a landmark visit to Pyongyang on Thursday that he was willing to play a […]

Nissan Motor Co., Ltd. (7201:T) Intends to grant alliance member Renault’s RENA.PA representatives seats on key committees of its board

Nissan Motor Co., Ltd. (7201:T) Intends to grant alliance member Renault’s RENA.PA representatives seats on key committees of its board

Nissan Motor Co., Ltd. (7201:T) Intends to grant alliance member Renault’s RENA.PA representatives seats on key committees of its board Japan’s Nissan 7201.T said on Friday it would grant alliance member Renault’s RENA.PA representatives seats on key committees of its board, ending a dispute between the two automakers. Nissan said it will give Renault Chief […]

Pental Limited (PTL:AX) biggest intraday pct gain since May 14

Pental Limited (PTL:AX) biggest intraday pct gain since May 14

Pental Limited (PTL:AX) biggest intraday pct gain since May 14 Shares of Pental Ltd PTL.AX rise as much as 5.3% to A$0.30, in their biggest intraday pct gain since May 14 Distributor of personal care and home products says it expects FY19 net sales revenue of A$101 mln ($69.91 mln) vs A$75.7 mln prvs year, underlying NPAT of A$3.4 […]

Lynas Corporation Limited (LYC:AX) China is threatening to restrict the supply of rare earth minerals to the United States

Lynas Corporation Limited (LYC:AX) China is threatening to restrict the supply of rare earth minerals to the United States

Lynas Corporation Limited (LYC:AX) China is threatening to restrict the supply of rare earth minerals to the United States Lynas Corp LYC.AX on Friday said it was stockpiling production of its major rare earth element, Neodymium Praseodymium, despite a sharp increase in prices lately as rare earths find themselves in the middle of the U.S.-China trade war. […]

Australian Dollar: USD/AUD (AUD=X) businesses have seen a pick-up in activity this month

Australian Dollar: USD/AUD (AUD=X) businesses have seen a pick-up in activity this month

Australian Dollar: USD/AUD (AUD=X) businesses have seen a pick-up in activity this month Australian businesses have seen a pick-up in activity this month with the service sector enjoying the fastest pace of growth in seven months, a survey showed on Friday. The CBA-Markit purchasing management index (PMI) for services and manufacturing climbed to 53.1 in […]

Australia: S&P/ASX 200 (.AXJO) expected to edge lower

Australia: S&P/ASX 200 (.AXJO) expected to edge lower

Australia: S&P/ASX 200 (.AXJO) expected to edge lower The Australian share market looks set to finish the week on a subdued note despite a strong night of trade over in the United States. According to the latest SPI futures, the ASX 200 index is poised to open 0.1% or 5 points lower on Friday. On […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Spiked, USD Down, Crude Oil Up, Stocks Up Notes: The Fed Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about […]

TOP GLOVE CORPORATION BHD (TPGC:KL) shares up on company’s capacity expansion news

TOP GLOVE CORPORATION BHD (TPGC:KL) shares up on company’s capacity expansion news

TOP GLOVE CORPORATION BHD (TPGC:KL) shares up on company’s capacity expansion news Shares of Top Glove Corporation were higher on news the biggest nitrile glove producer is expanding capacity to produce between 25 billion and 30 billion gloves annually. In a note today, Shayne Heffernan, CEO and Founder of Heffx said Top Glove was its favourite stock. “We continue to […]

Shanghai: SSE Composite Index (.SSEC) gauge may drop 10% if no deal reached at summit

Shanghai: SSE Composite Index (.SSEC) gauge may drop 10% if no deal reached at summit

Shanghai: SSE Composite Index (.SSEC) gauge may drop 10% if no deal reached at summit Chinese equities got a boost Wednesday from news that U.S.-China trade talks are back on. So this is the start of a summer surge, right? Not so fast, say market watchers. The Shanghai Composite Index could drop 10% in the […]

Japanese Yen: USD/JPY (JPY=X) holds key resistance

Japanese Yen: USD/JPY (JPY=X) holds key resistance

Japanese Yen: USD/JPY (JPY=X) holds key resistance USDJPY remains of interest for bearish USD-themes. The pair has held a big zone of resistance over the past two weeks as the USD fireworks have been on full display. As strength has returned to the Dollar over the past week, USDJPY has appeared immune as price action has continued to […]

Australian Dollar: USD/AUD (AUD=X) bounce from five-month lows

Australian Dollar: USD/AUD (AUD=X) bounce from five-month lows

Australian Dollar: USD/AUD (AUD=X) bounce from five-month lows AUDUSD folded down to a fresh five-month-low last week as USD-strength had come rushing back. After the resistance inflection at the .7000 big figure earlier this month, sellers have been back in control of the pair; and this can keep the door open for further short-side, particularly […]

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an “extended meeting” at the G-20 summit, and dovishness from other central banks added to the mix, risk-on attitudes returned to the fore. Buoyed […]

Australia: S&P/ASX 200 (.AXJO) close to its 2007 high point

Australia: S&P/ASX 200 (.AXJO) close to its 2007 high point

Australia: S&P/ASX 200 (.AXJO) close to its 2007 high point The ASX 200 came through this year’s very patchy risk appetite in style and is now back within close distance of its own record peaks. The latest boost has come from suspicions that the European Central Bank could soon bolster the global atmosphere of looser monetary policy, and from hopes […]

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI) Judging from recent trading sessions, most investors seem sold into thinking that rate cuts by the US Federal Reserve are a certainty. With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an “extended meeting” at the G-20 […]

“Risk Assets Have Room to Run”

“Risk Assets Have Room to Run”

$SPY, $BLK In a report, the majority of BlackRock Inc.’s (NYSE:BLK) Top decision-makers had a simple conclusion after gathering in London last week: A supportive backdrop for risk assets probably has “room to run” for at least 12 more months. Senior leadership at the world’s largest asset manager cited easy monetary policies and few signs […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Up Notes: President Trump said Tuesday he will have an extended meeting with Chinese President Xi at the G-20. The world’s 2 largest economies are in the middle of a costly trade dispute that has pressured financial markets […]

Australian Dollar: USD/AUD (AUD=X) June Economic Sentiment data shocked market

Australian Dollar: USD/AUD (AUD=X) June Economic Sentiment data shocked market

Australian Dollar: USD/AUD (AUD=X) June Economic Sentiment data shocked market The slump rally that had begun on June 9 got slightly diverted in today’s trading session. The pivotal point for the reversal was 0.6835 levels. The pair had started the day near 0.6855 levels and continued the downtrend. The early slip in the AUD/USD pair […]

Shanghai: SSE Composite Index (.SSEC) end higher as political tensions over extradition bill subside

Shanghai: SSE Composite Index (.SSEC) end higher as political tensions over extradition bill subside

Shanghai: SSE Composite Index (.SSEC) end higher as political tensions over extradition bill subside Hong Kong and China stocks rose on Tuesday, as investors remained cautiously optimistic ahead of a US Federal Reserve policy meeting and amid cooling political tensions over a controversial legislation in the city. The Hang Seng Index climbed 1 per cent […]

Japanese Yen: USD/JPY (JPY=X) wait for another pullback higher

Japanese Yen: USD/JPY (JPY=X) wait for another pullback higher

Japanese Yen: USD/JPY (JPY=X) wait for another pullback higher Yesterday I opened two sell forex signals in AUD/USD and USD/JPY. USD/JPY had been retracing higher for the last two weeks after the strong decline three weeks ago, which looked like a good opportunity to sell since the pullback was overstretched. On the other hand, AUD/USD […]

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided Hong Kong stocks closed higher on Tuesday, extending a rally from the previous session, aided by strong inflows from the mainland even as the protests subsided. The Hang Seng index ended up 1.0% at 27,498.77 points, […]

Australia: S&P/ASX 200 (.AXJO) hopes that the RBA would cut interest rates even lower boosted shares

Australia: S&P/ASX 200 (.AXJO) hopes that the RBA would cut interest rates even lower boosted shares

Australia: S&P/ASX 200 (.AXJO) hopes that the RBA would cut interest rates even lower boosted shares The local market finished Tuesday’s session at a 12-year closing high, buoyed by comments out of the Reserve Bank which seemed to confirm further cuts to the official cash rate were ahead. At the close of trade, the ASX […]

US Wants an Enforceable Trade Deal with China

US Wants an Enforceable Trade Deal with China

United States wants to continue trade discussions with China that focus on structural changes and enforcement mechanisms when talks continue late this month during the G-20 Summit in Japan, White House economic adviser Larry Kudlow said Tuesday. “The United States wants to continue the conversations about structural changes regarding intellectual property theft and forced technology […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Down, Stocks Off Notes: The New York Fed said Monday that its gauge of business growth in New York state posted a record fall this month to its weakest level in more than 2.5 years, suggesting an abrupt contraction in […]

Metropole Hanoi’s GM William Haandrikman named “General Manager of the Year” in Asia for 2019

Metropole Hanoi’s GM William Haandrikman named “General Manager of the Year” in Asia for 2019

HANOI (June 18, 2019) – William Haandrikman, the General Manager of Sofitel Legend Metropole Hanoi, was named “General Manager of the Year” in Asia at the Stelliers Asia and South Asia 2019 awards ceremony on May 28. Haandrikman, who is also the Area General Manager for AccorHotels in the north of Vietnam, was presented with […]

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA Malaysia Airports Holdings Bhd (MAHB) today launched the country’s first outdoor aircraft observing deck (Anjung Spotter) at the Kuala Lumpur International Airport (KLIA). The deck is located at Jalan Pekeliling next to Runway 32 Left (32L) which MAHB said well-positioned to be the […]

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations Chinese stocks ticked up on Monday on expectations of further policy support, but trading remained subdued as investors awaited cues from the U.S.-China trade negotiations at the G20 summit later this month. At the close, the Shanghai Composite […]

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law Hong Kong stocks rallied yesterday, leading many Asian markets higher after last week’s losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law. […]

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate The Dollar/Yen is trading higher on Monday as traders adjust positions ahead of this week’s interest rate and monetary policy statements from the U.S. Federal Reserve and the Bank of Japan. Increased demand for risky assets is also helping to support the […]

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines AUD/USD has continued its declines, with the pair hitting the lowest level in five months. The outlook for the day will depend on the reaction to this $0.6865 support level. The hourly chart shows the move back towards trendline resistance, raising the likeliness of […]

Singapore: STI Index (.STI) more downside risks in 2019 growth

Singapore: STI Index (.STI) more downside risks in 2019 growth

Singapore: STI Index (.STI) more downside risks in 2019 growth SINGAPORE: The slump in Singapore’s non-oil domestic exports (NODX) may not be reversed anytime soon amid an unpredictable trade conflict between the United States and China, said economists. Two watchers of the local economy have cut their full-year forecasts for NODX – the most-watched figure […]

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher The Australian share market looks set to start the week on a high. According to the latest SPI futures, the ASX 200 index is poised to open 0.1% or 8 points higher this morning. This is despite a disappointing end to the week on Wall Street which […]

President Trump Perfectly Happy to Impose More Tariffs on China If No Deal Reached

President Trump Perfectly Happy to Impose More Tariffs on China If No Deal Reached

FLASH: Commerce Secretary Wilbur Ross said President Trump is ready to proceed with tariffs on the remaining $300-B in Chinese goods if a trade pact cannot be reached with Beijing. Secretary Ross told reporters Monday that enforcement would be the most important element of any potential deal between the world’s two largest economies. “We will […]

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut On the back of the recent RBA interest rate cut, there are mounting calls in Australia, to continue to cut with some expecting the cash rate to drop to 0.5%. At least that is the expectation of a few of the major banks both […]

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI) Hong Kong stocks emerged from a topsy-turvy week still in the black — but with considerable worries weighing on sentiment. After surging 2.3% at the start of the week amid global optimism over monetary policy easing, the Hang Seng Index slumped on Wednesday as […]

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open Australian shares are poised to edge higher at the open of a week where central bankers are set to dominate. ASX futures are up 8 points or 0.1 per cent to 6565. Local investors will be waiting for the latest RBA meeting minutes to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Off Notes: China will release May industrial production along with retail sales and investment numbers at 0700 GMT, analysts expect any improvement from April’s downbeat readings will be mostly marginal. Economists polled by Reuters expect industrial production in China […]

Shanghai: SSE Composite Index (.SSEC) financial markets need to improve transaction and consulting services to meet the needs of global investors

Shanghai: SSE Composite Index (.SSEC) financial markets need to improve transaction and consulting services to meet the needs of global investors

Shanghai: SSE Composite Index (.SSEC) financial markets need to improve transaction and consulting services to meet the needs of global investors Shanghai needs to improve in areas including financial product pricing and transaction services in order to become a global center for yuan-denominated assets, central bank Governor Yi Gang said Thursday at a high-level forum. […]

Japanese Yen: USD/JPY (JPY=X) trapped in a tight 50-pip range

Japanese Yen: USD/JPY (JPY=X) trapped in a tight 50-pip range

Japanese Yen: USD/JPY (JPY=X) trapped in a tight 50-pip range USD/JPY is trading in a range between 108.20 and 108.70. The market seems to have found decent resistance at 108.55. The next supports to the downside are seen at 108.40 and 108.20. A break above 108.55 can lead to 108.70.  Overall, the bias in prices […]

Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors

Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors

Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors Economists have become largely pessimistic of growth in Singapore’s manufacturing industry. The bearish forecasts were based on increasing trade protectionism around the world, particularly in the United States. In a survey released on Wednesday by […]

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments Extradition protests in Hong Kong escalated over the weekend, sending the city’s Hang Seng Index to its lowest point in over five weeks. Protesters continue to rally across the streets, further worsening trading sentiments within the city’s equities markets. According to […]

Australia: S&P/ASX 200 (.AXJO) future gains limited

Australia: S&P/ASX 200 (.AXJO) future gains limited

Australia: S&P/ASX 200 (.AXJO) future gains limited A strong rally to start 2019 has Australia’s stocks looking expensive, and that could be a bad sign for future gains. The nation’s benchmark S&P/ASX 200 Index has advanced 16 per cent this year, causing valuations to swell. The gauge trades at an estimated price-earnings ratio of 17.1, […]