Australia: S&P/ASX 200 (.AXJO) to sink as Donald Trump threatens to impose tariffs on Brazil and Argentina metal imports

Australia: S&P/ASX 200 (.AXJO) to sink as Donald Trump threatens to impose tariffs on Brazil and Argentina metal imports

Australia: S&P/ASX 200 (.AXJO) to sink as Donald Trump threatens to impose tariffs on Brazil and Argentina metal imports ASX futures were down 87 points or 1.3 per cent. Meanwhile, the Australian dollar jumped to 68.2 US cents, up about half a cent since early-Monday. This was due to some upbeat economic data from Beijing […]

Singapore: STI Index (.STI) Stock Market May Extend Losing Streak

Singapore: STI Index (.STI) Stock Market May Extend Losing Streak

Singapore: STI Index (.STI) Stock Market May Extend Losing Streak The Singapore stock market has finished lower in two straight sessions, surrendering more than 20 points or 06 percent along the way. The Straits Times Index now rests just beneath the 3,195-point plateau and it may take further damage again on Monday. The global forecast […]

Hong Kong: HANG SENG INDEX (.HSI) moves up, but trade talks worries remain

Hong Kong: HANG SENG INDEX (.HSI) moves up, but trade talks worries remain

Hong Kong: HANG SENG INDEX (.HSI) moves up, but trade talks worries remain Hong Kong stocks ended Monday’s morning session on a positive note following a forecast-beating report on the mainland factory activity, but worries about China-US talks remained The Hang Seng index added 0.5 percent, to 26,468. On the mainland, the Shanghai Composite index […]

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd (HK:9988)’s shares in Hong Kong continued to dip on Monday after having risen nearly 10% since its high-profile debut last week. The stock currently trades at HK$196.40 by […]

Australia: S&P/ASX 200 (.AXJO) traders prepare for what promises to be a high impact two-to-three weeks

Australia: S&P/ASX 200 (.AXJO) traders prepare for what promises to be a high impact two-to-three weeks

Australia: S&P/ASX 200 (.AXJO) traders prepare for what promises to be a high impact two-to-three weeks A quiet end to last week as the Thanksgiving holiday disrupted markets, setting up the ASX for a soft start this morning. At 7.15am AEDT, futures are pointing to a gain of 5 points at the open. Stocks fall […]

Clouds of tear gas returned to Hong Kong: HANG SENG INDEX (.HSI) over the weekend as police and protesters clashed

Clouds of tear gas returned to Hong Kong: HANG SENG INDEX (.HSI) over the weekend as police and protesters clashed

Clouds of tear gas returned to Hong Kong: HANG SENG INDEX (.HSI) over the weekend as police and protesters clashed Clouds of tear gas returned to Hong Kong over the weekend as police and protesters clashed, signaling pro-democracy rallies are set to drag on after demonstrators got a boost from an election win and support […]

Australia: S&P/ASX 200 (.AXJO) reaches highest point ever despite Westpac scandal

Australia: S&P/ASX 200 (.AXJO) reaches highest point ever despite Westpac scandal

Australia: S&P/ASX 200 (.AXJO) reaches highest point ever despite Westpac scandal The Australian share market has lifted to its highest ever point despite one of the country’s biggest institutions being embroiled in controversy. Scandal-plagued Westpac is the nation’s second largest bank in a sector that dominates the equities market, but this hasn’t restricted the indices […]

Hong Kong: HANG SENG INDEX (.HSI) weighed down by President Donald Trump signing legislation supporting Hong Kong protesters

Hong Kong: HANG SENG INDEX (.HSI) weighed down by President Donald Trump signing legislation supporting Hong Kong protesters

Hong Kong: HANG SENG INDEX (.HSI) weighed down by President Donald Trump signing legislation supporting Hong Kong protesters Hong Kong shares edged lower on Thursday after U.S. President Donald Trump enacted a law that seeks to re-examine Hong Kong’s autonomy on an annual basis. The Hang Seng Index lost 0.2% to 26,893.73 after falling as […]

Singapore: STI Index (.STI) May Add To Its Winnings

Singapore: STI Index (.STI) May Add To Its Winnings

Singapore: STI Index (.STI) May Add To Its Winnings The Singapore stock market on Wednesday ended the two-day losing streak in which it had lost more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,215-point plateau and it’s predicted to see additional support on Thursday. The global forecast […]

Australia’s first underwater hotel to open on Great Barrier Reef

Australia’s first underwater hotel to open on Great Barrier Reef

Australia’s first underwater hotel is set to open on the Great Barrier Reef in the coming days, allowing visitors to immerse themselves in one of the world’s most spectacular natural environments. Situated about 40 nautical miles off Airlie Beach at Hardy Reef’s reconstructed pontoon that was badly damaged by Cyclone Debbi in 2017, the 10 […]

Shanghai: SSE Composite Index (.SSEC) Close Down As Wallflower Investors Sit Out the Dance

Shanghai: SSE Composite Index (.SSEC) Close Down As Wallflower Investors Sit Out the Dance

Shanghai: SSE Composite Index (.SSEC) Close Down As Wallflower Investors Sit Out the Dance Investors left unable to judge the future market direction voted with their feet this afternoon, bringing Chinese stock markets to a lower close. The Shanghai Composite Index dipped 0.47 percent to 2,889.69. The Shenzhen Component Index slipped 0.27 percent to 9,622.14. […]

Trade talk news lifts Hong Kong: HANG SENG INDEX (.HSI), Alibaba keeps soaring

Trade talk news lifts Hong Kong: HANG SENG INDEX (.HSI), Alibaba keeps soaring

Trade talk news lifts Hong Kong: HANG SENG INDEX (.HSI), Alibaba keeps soaring Hong Kong shares closed with slight gains on Wednesday, in line with a broad advance across Asia on optimism over the China-US trade talks. The Hang Seng index added 0.2 percent, to 26,954. Shares of Alibaba, the Chinese e-commerce which was listed […]

Singapore: STI Index (.STI) falls as markets attempt to find direction

Singapore: STI Index (.STI) falls as markets attempt to find direction

Singapore: STI Index (.STI) falls as markets attempt to find direction It was a mixed day for local shares as investors continued to get a handle on the shifting nature of the United States-China trade talks. That said, real estate investment trusts (Reits) traded decidedly higher yesterday after US Federal Reserve chairman Jerome Powell said […]

Australia: S&P/ASX 200 (.AXJO) soars to record closing high as more RBA easing eyed

Australia: S&P/ASX 200 (.AXJO) soars to record closing high as more RBA easing eyed

Australia: S&P/ASX 200 (.AXJO) soars to record closing high as more RBA easing eyed Australian shares surged to a record closing high on Wednesday, supported by growing speculation the Reserve Bank of Australia will cut official interest rates and launch quantitative easing (QE) next year. The benchmark S&P/ASX 200 jumped 63.1 points, or 0.9 per […]

Shanghai: SSE Composite Index (.SSEC) Close a Bit up; ChiNext Rises Over 1%

Shanghai: SSE Composite Index (.SSEC) Close a Bit up; ChiNext Rises Over 1%

Shanghai: SSE Composite Index (.SSEC) Close a Bit up; ChiNext Rises Over 1% ChiNext closed up 1 percent due to the optimis over MSCI increasing the weighting of Chinese shares in the Emerging Markets Index, while Shanghai market shares climbed a mere 0.3 percent. The Shanghai Composite Index closed at 2,907.10, up 0.03 percent. The […]

Singapore: STI Index (.STI) Tipped To Bounce Higher Again

Singapore: STI Index (.STI) Tipped To Bounce Higher Again

Singapore: STI Index (.STI) Tipped To Bounce Higher Again The Singapore stock market turned lower again on Monday, one session after it had snapped the three-day losing streak in which it had dropped almost 70 points or 2.1 percent. The Straits Times Index now rests just above the 3,220-point plateau although it’s expected to rebound […]

Hong Kong: HANG SENG INDEX (.HSI) investors lock in profit

Hong Kong: HANG SENG INDEX (.HSI) investors lock in profit

Hong Kong: HANG SENG INDEX (.HSI) investors lock in profit Hong Kong stocks ended lower on Tuesday as investors locked in profit after a recent rally, while Alibaba’s shares rose to a small premium over New York in their debut at the financial hub. At the close of trade, the Hang Seng index was down […]

Australia: S&P/ASX 200 (.AXJO) moves higher on energy sector surge

Australia: S&P/ASX 200 (.AXJO) moves higher on energy sector surge

Australia: S&P/ASX 200 (.AXJO) moves higher on energy sector surge The Australian sharemarket has closed higher for a third day, with gains across every sector except consumer discretionary shares. The benchmark S&P-ASX 200 index finished on Tuesday up 56.1 points to 6787.5, while the broader all ordinaries was up 54.2 points to 6889.8. “There’s plenty […]

Positive US-China trade vibes are propelling Shanghai: SSE Composite Index (.SSEC) market higher

Positive US-China trade vibes are propelling Shanghai: SSE Composite Index (.SSEC)  market higher

Positive US-China trade vibes are propelling Shanghai: SSE Composite Index (.SSEC) market higher Asian stocks advanced Monday, boosted by positive signals about a potential US-China trade deal. Hong Kong’s Hang Seng Index opened up 1.1% and widened the gains to 1.9% in early trading. It’s the top performer so far among major indexes in the […]

Australia: S&P/ASX 200 (.AXJO) edges higher as iron-ore strength steels miners

Australia: S&P/ASX 200 (.AXJO) edges higher as iron-ore strength steels miners

Australia: S&P/ASX 200 (.AXJO) edges higher as iron-ore strength steels miners A rise in iron ore spot prices pushed up shares in Australia’s major iron ore producers on Monday and helped underpin a 0.3 per cent lift in the S&P/ASX 200 index to 6731.4. The steel ingredient is at four-week highs of $US84.50 per tonne […]

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals Hong Kong stocks rallied on Monday following key elections, aided by fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals. The Hang […]

Australia: S&P/ASX 200 (.AXJO) Investors are set to react cautiously to any positive trade deal news

Australia: S&P/ASX 200 (.AXJO) Investors are set to react cautiously to any positive trade deal news

Australia: S&P/ASX 200 (.AXJO) Investors are set to react cautiously to any positive trade deal news Investors are set to react cautiously to any positive trade deal news this week, with a phase one US-China trade pact before the end of the year looking increasingly unlikely. Despite positive comments from both Beijing and Washington last […]

Hong Kong: HANG SENG INDEX (.HSI) Despite The Noise, Deal May Be Close

Hong Kong: HANG SENG INDEX (.HSI) Despite The Noise, Deal May Be Close

Hong Kong: HANG SENG INDEX (.HSI) Despite The Noise, Deal May Be Close The major Asia Pacific stock indexes finished mostly higher on Friday following days of two-sided trading tied to the ever-changing narrative over a U.S.-China trade deal. If you’re keeping score, the negative days were primarily driven by comments from “unnamed sources”, “people […]

More losses for Australia: S&P/ASX 200 (.AXJO) as trade hopes dim

More losses for Australia: S&P/ASX 200 (.AXJO) as trade hopes dim

More losses for Australia: S&P/ASX 200 (.AXJO) as trade hopes dim The Australian share market slumped for a second day, with losses across the board as passage of a US-China trade deal appears less and less likely anytime soon. The benchmark S&P-ASX 200 index on Thursday closed down 49.5 points to 6672.9, while the broader […]

Hong Kong: HANG SENG INDEX (.HSI) stocks end lower for second day on Sino-US trade deal concerns

Hong Kong: HANG SENG INDEX (.HSI) stocks end lower for second day on Sino-US trade deal concerns

Hong Kong: HANG SENG INDEX (.HSI) stocks end lower for second day on Sino-US trade deal concerns Hong Kong stocks closed lower for a second day on Thursday, as a fresh row between Washington and Beijing over a US bill backing protesters stoked concerns that trade talks could hit a snag and delay the “phase […]

Singapore: STI Index (.STI) Stock Market May Extend Its Losses

Singapore: STI Index (.STI) Stock Market May Extend Its Losses

Singapore: STI Index (.STI) Stock Market May Extend Its Losses The Singapore stock market has moved lower in consecutive trading days, surrendering almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,230-point plateau and it’s tipped to open in the red again on Thursday. The global […]

Shanghai: SSE Composite Index (.SSEC) stocks fall, as loan prime rate cuts weigh on banks and US-Beijing tensions flare up over protests

Shanghai: SSE Composite Index (.SSEC) stocks fall, as loan prime rate cuts weigh on banks and US-Beijing tensions flare up over protests

Shanghai: SSE Composite Index (.SSEC) stocks fall, as loan prime rate cuts weigh on banks and US-Beijing tensions flare up over protests China and Hong Kong stocks fell Wednesday on investors’ concerns about banks’ profitability amid rate cuts in the mainland and a flare-up in Washington-Beijing tensions over legislation headed to US President Donald Trump […]

Australia: S&P/ASX 200 (.AXJO) Westpac Banking Corp weighing heavily on the heavyweight financials sector after regulators accused the bank of serious breaches of anti-money laundering rules

Australia: S&P/ASX 200 (.AXJO) Westpac Banking Corp weighing heavily on the heavyweight financials sector after regulators accused the bank of serious breaches of anti-money laundering rules

Australia: S&P/ASX 200 (.AXJO) Westpac Banking Corp weighing heavily on the heavyweight financials sector after regulators accused the bank of serious breaches of anti-money laundering rules Australian shares fell on Wednesday, with second-biggest lender Westpac Banking Corp weighing heavily on the heavyweight financials sector after regulators accused the bank of serious breaches of anti-money laundering […]

Singapore: STI Index (.STI) Economic Growth May Be Bottoming Out

Singapore: STI Index (.STI) Economic Growth May Be Bottoming Out

Singapore: STI Index (.STI) Economic Growth May Be Bottoming Out Singapore stocks closed lower on Wednesday, with the benchmark Straits Times Index (STI) going down 0.28 percent, or 9.09 points, to close at 3,229.78. A total of 1.2 billion shares changed hands with a turnover of 1.1 billion Singapore dollars (about 807.93 million U.S. dollars). […]

Hong Kong: HANG SENG INDEX (.HSI) Gains Capped by US-China Trade Worries

Hong Kong: HANG SENG INDEX (.HSI) Gains Capped by US-China Trade Worries

Hong Kong: HANG SENG INDEX (.HSI) Gains Capped by US-China Trade Worries The major Asia Pacific stock indexes closed mixed on Tuesday, but mostly higher as investors appeared to shrug off concerns over the progress of U.S.-China trade negotiations. Shares in Hong Kong continued to gain back last week’s losses amid optimism over fresh government […]

Shanghai: SSE Composite Index (.SSEC) stocks rise most in two weeks on fresh stimulus hopes

Shanghai: SSE Composite Index (.SSEC)  stocks rise most in two weeks on fresh stimulus hopes

Shanghai: SSE Composite Index (.SSEC) stocks rise most in two weeks on fresh stimulus hopes China stocks rose the most in two weeks on Tuesday, as a cut in a key interbank funding rate on Monday bolstered hopes for more government stimulus to prop up slowing growth. The blue-chip CSI300 index rose 1.0%, to 3,947.04, […]

Hong Kong: HANG SENG INDEX (.HSI) Index to underperform China-linked equity benchmarks next year

Hong Kong: HANG SENG INDEX (.HSI) Index to underperform China-linked equity benchmarks next year

Hong Kong: HANG SENG INDEX (.HSI) Index to underperform China-linked equity benchmarks next year Hong Kong’s Hang Seng Index is likely to underperform any other key gauge tracking China’s onshore and offshore stocks in 2020, as the fallout from the months-long political unrest hits growth and corporate earnings, according to Morgan Stanley. The benchmark of […]

Singapore: STI Index (.STI) corporate earnings and economic growth may be bottoming out

Singapore: STI Index (.STI) corporate earnings and economic growth may be bottoming out

Singapore: STI Index (.STI) corporate earnings and economic growth may be bottoming out Singapore’s corporate earnings and economic growth may be bottoming out as cyclical indicators such as electronics exports show a slower pace of declines, according to Citigroup Inc. analyst Patrick Yau. Citi’s earnings revision count indicator for Singapore stocks has declined to -50%, […]

Singapore: STI Index (.STI) stocks close 0.61 pct higher

Singapore: STI Index (.STI) stocks close 0.61 pct higher

Singapore: STI Index (.STI) stocks close 0.61 pct higher Singapore stocks closed higher on Monday, with the benchmark Straits Times Index (STI) going up 0.61 percent, or 19.8 points, to close at 3,258.66. A total of 1.6 billion shares changed hands with a turnover of 1.09 billion Singapore dollars (about 801.28 million U.S. dollars). Gainers […]

Hong Kong: HANG SENG INDEX (.HSI) Violence Escalates

Hong Kong: HANG SENG INDEX (.HSI) Violence Escalates

Hong Kong: HANG SENG INDEX (.HSI) Violence Escalates Protests in Hong Kong drove the Hang Seng Index down 4.79% last week with a violent turn Monday, heightening an already volatile situation days after a group of pro-democracy lawmakers was arrested in the city. In one incident, a Hong Kong protester is in critical condition after […]

Australia: S&P/ASX 200 (.AXJO) shares are poised to open little changed, reflecting a pause in the rally that lifted US stocks to record highs

Australia: S&P/ASX 200 (.AXJO) shares are poised to open little changed, reflecting a pause in the rally that lifted US stocks to record highs

Australia: S&P/ASX 200 (.AXJO) shares are poised to open little changed, reflecting a pause in the rally that lifted US stocks to record highs Australian shares are poised to open little changed, reflecting a pause in the rally that lifted US stocks to record highs last week. ASX futures were down 2 points to 6773 […]

Shanghai: SSE Composite Index (.SSEC) gains capped by weak sentiment

Shanghai: SSE Composite Index (.SSEC) gains capped by weak sentiment

Shanghai: SSE Composite Index (.SSEC) gains capped by weak sentiment Asian equities rose on Friday after the S&P 500 index notched a new record closing high, but investor sentiment remained fragile following weak data from China and Germany, which reinforced concerns about the global economy. Early in the Asian trading day, MSCI’s broadest index of […]

Singapore: STI Index (.STI) continues to drift sideways

Singapore: STI Index (.STI) continues to drift sideways

Singapore: STI Index (.STI) continues to drift sideways The Straits Times Index peaked temporarily at 3,285, before retreating. At its current level of 3,238, the index has stayed above the 200-day moving average at 3,227 and the 100-day moving average at 3,208. Quarterly momentum is intact and in rising mode. The 50-day moving average continues […]

Hong Kong: HANG SENG INDEX (.HSI) revised down its estimate for economic growth this year as political unrest grips the city

Hong Kong: HANG SENG INDEX (.HSI) revised down its estimate for economic growth this year as political unrest grips the city

Hong Kong: HANG SENG INDEX (.HSI) revised down its estimate for economic growth this year as political unrest grips the city Hong Kong revised down its estimate for economic growth this year as political unrest grips the city, with the government now forecasting the first annual contraction since the global financial crisis a decade ago. […]

Australia: S&P/ASX 200 (.AXJO) set for a mixed start to the trading week

Australia: S&P/ASX 200 (.AXJO) set for a mixed start to the trading week

Australia: S&P/ASX 200 (.AXJO) set for a mixed start to the trading week S&P/ASX200 Index futures are down 3 points, suggesting a mixed start to the trading week. However, rising hopes of a US-China trade deal after a “constructive” weekend phone call between negotiators may fuel the momentum in blue chip stocks that has propelled […]

Shanghai: SSE Composite Index (.SSEC) May Test Resistance At 3,000 Points

Shanghai: SSE Composite Index (.SSEC) May Test Resistance At 3,000 Points

Shanghai: SSE Composite Index (.SSEC) May Test Resistance At 3,000 Points The China stock market ticked higher again on Thursday, one day after it had halted the three-day winning streak in which it had gathered more than 60 points or 2 percent. The Shanghai Composite Index remains just beneath the 2,980-point plateau and it’s got […]

Singapore: STI Index (.STI) investors look for concrete details in a possible trade agreement between the United States and China

Singapore: STI Index (.STI) investors look for concrete details in a possible trade agreement between the United States and China

Singapore: STI Index (.STI) investors look for concrete details in a possible trade agreement between the United States and China The Singapore stock market has finished higher in three straight sessions, rising almost 35 points or 1 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau although it may […]

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

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

Australia: S&P/ASX 200 (.AXJO) expected to rise The S&P/ASX 200 index returned to form on Thursday and pushed notably higher. The benchmark index finished the day 1% higher at 6,726.6 points. Will the local share market be able to build on this on Friday? Here are five things to watch: ASX 200 expected to rise.    […]

Hong Kong: HANG SENG INDEX (.HSI) trading higher on reports China and the US have agreed on a plan to roll back additional tariffs in phases

Hong Kong: HANG SENG INDEX (.HSI) trading higher on reports China and the US have agreed on a plan to roll back additional tariffs in phases

Hong Kong: HANG SENG INDEX (.HSI) trading higher on reports China and the US have agreed on a plan to roll back additional tariffs in phases Hong Kong stocks turned up in late trading Thursday on reports China and the US have agreed on a plan to roll back additional tariffs in phases, a potentially […]

A damaging industry scandal has forced NAB and Australia’s other major banks to allocate billions of dollars to repay customers for unfair fees and dodgy financial advice

A damaging industry scandal has forced NAB and Australia’s other major banks to allocate billions of dollars to repay customers for unfair fees and dodgy financial advice

National Australia Bank announced Thursday that its profits fell more than 13 percent in 2019, the latest in a string of poor results for the country’s banks as they address years of rampant malpractice. A damaging industry scandal has forced NAB and Australia’s other major banks to allocate billions of dollars to repay customers for […]

Shanghai: SSE Composite Index (.SSEC) Investors watch for market reaction to overnight developments on U.S.-China trade

Shanghai: SSE Composite Index (.SSEC) Investors watch for market reaction to overnight developments on U.S.-China trade

Shanghai: SSE Composite Index (.SSEC) Investors watch for market reaction to overnight developments on U.S.-China trade Shares in Asia Pacific were mixed in Thursday morning trade amid reports of a potential delay in the signing of a U.S.-China trade deal. Mainland Chinese stocks were mixed in early trade, with the Shanghai composite down around 0.2% […]

Singapore: STI Index (.STI) Continuation of Uptrend

Singapore: STI Index (.STI) Continuation of Uptrend

Singapore: STI Index (.STI) Continuation of Uptrend Most stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade, but Singapore bucked the trend, boosted by bright spots in corporate earnings. Local shares rose for a third straight session, with the Straits Times Index closing at […]

Hong Kong: HANG SENG INDEX (.HSI) investors bag profits while waiting for fresh news on US-China trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) investors bag profits while waiting for fresh news on US-China trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) investors bag profits while waiting for fresh news on US-China trade negotiations The Hang Seng Index extended a winning streak to a fifth day, eking a teensy gain as investors bagged profits while waiting for fresh news on US-China trade negotiations. China stocks ended down. The Hang Seng rose […]

Japanese giant SoftBank Group suffered an operating loss of $6.4 billion in the second quarter

Japanese giant SoftBank Group suffered an operating loss of $6.4 billion in the second quarter

Japanese giant SoftBank Group suffered an operating loss of $6.4 billion in the second quarter, it said Wednesday, as investments in start-ups such as WeWork and Uber took a massive hit. In the three-month period ending September 30, operating losses hit a whopping 704.4 billion yen ($6.4 billion). The firm said first-half operating losses from […]

Signs of Global Economic Stabilization Flashing

Signs of Global Economic Stabilization Flashing

The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]

Singapore: STI Index (.STI) share benchmarks across most countries bucked the “October effect”

Singapore: STI Index (.STI) share benchmarks across most countries bucked the “October effect”

Singapore: STI Index (.STI) share benchmarks across most countries bucked the “October effect” Share benchmarks across most countries bucked the “October effect”, with the Straits Times Index (STI) posting a 4 per cent monthly gain, the Singapore Exchange (SGX) noted yesterday. Trading was affected by a week-long national holiday in China and the announcement of […]

Shanghai: SSE Composite Index (.SSEC) investors cheered Beijing’s latest policy easing to boost the economy

Shanghai: SSE Composite Index (.SSEC) investors cheered Beijing’s latest policy easing to boost the economy

Shanghai: SSE Composite Index (.SSEC) investors cheered Beijing’s latest policy easing to boost the economy Chinese stocks extended a rally into a third session on Tuesday, as investors cheered Beijing’s latest policy easing to boost the economy after a private survey showed sluggish growth in the domestic services sector. The blue-chip CSI300 index .CSI300 ended up 0.6% […]

Hong Kong: HANG SENG INDEX (.HSI) stock gains come despite protests, economic concerns

Hong Kong: HANG SENG INDEX (.HSI) stock gains come despite protests, economic concerns

Hong Kong: HANG SENG INDEX (.HSI) stock gains come despite protests, economic concerns Signs of euphoria are showing in Hong Kong’s stock market as investors brush off five months of protests and an economic recession. The Hang Seng Index is up 11% from August’s intraday low and back through the key 27,000-point level. The rally is […]

Australia: S&P/ASX 200 (.AXJO) flirting with confirming bullish break out pattern

Australia: S&P/ASX 200 (.AXJO) flirting with confirming bullish break out pattern

Australia: S&P/ASX 200 (.AXJO) flirting with confirming bullish break out pattern Positioning in Australia’s benchmark ASX 200 stock index is similarly eye-catching. Prices are hovering within a hair of what could be the top a Symmetrical Triangle pattern. If confirmed on a daily close above the 6775.60, the setup would carry bullish continuation implications. Initial […]

President Xi Jinping pledged to further open China’s economy

President Xi Jinping pledged to further open China’s economy

President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “tear down walls” as he opened an annual trade fair in Shanghai. Xi addressed an audience including French President Emmanuel Macron at the import exhibition, staged annually by China to show its willingness to free up its vast domestic markets […]

Hong Kong’s economic woes showed no sign of easing

Hong Kong’s economic woes showed no sign of easing

Hong Kong’s economic woes showed no sign of easing Wednesday after a key measure of business confidence fell to its lowest level in more than a decade as the city reels from the global trade war and violent democracy protests. The Purchasing Managers Index — which measures the health of the private sector — dropped […]

Shanghai: SSE Composite Index (.SSEC) helped by increasing optimism about the prospects for a Sino-U.S. trade deal

Shanghai: SSE Composite Index (.SSEC) helped by increasing optimism about the prospects for a Sino-U.S. trade deal

Shanghai: SSE Composite Index (.SSEC) helped by increasing optimism about the prospects for a Sino-U.S. trade deal China stocks ended higher on Monday, helped by increasing optimism about the prospects for a Sino-U.S. trade deal. The blue-chip CSI300 index rose 0.7% to 3,978.12, while the Shanghai Composite Index added 0.6% to 2,975.49. The United States […]

Singapore: STI Index (.STI) market tipped to open firmly higher

Singapore: STI Index (.STI) market tipped to open firmly higher

Singapore: STI Index (.STI) market tipped to open firmly higher The Singapore stock market gave up less than a single point on Friday, but that was enough to end the five-day winning streak in which it had advanced more than 80 points or 2.7 percent. The Straits Times Index remains just beneath the 3,230-point plateau […]

Hong Kong: HANG SENG INDEX (.HSI) soar to their highest level in over three months

Hong Kong: HANG SENG INDEX (.HSI) soar to their highest level in over three months

Hong Kong: HANG SENG INDEX (.HSI) soar to their highest level in over three months Hong Kong stocks soared to their highest level in over three months on Monday, while China markets also climbed, as investors piled in on signs of US-China trade deal progress and the mainland regulator’s vow to reform the A-share market. […]

Australia: S&P/ASX 200 (.AXJO) Trading Higher

Australia: S&P/ASX 200 (.AXJO) Trading Higher

Australia: S&P/ASX 200 (.AXJO) Trading Higher Australia stocks were higher after the close on Monday, as gains in the Metals & Mining, Materials and Resources sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.27%. The best performers of the session on the S&P/ASX 200 were NRW Holdings Ltd (ASX:NWH), which […]

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China to offset a painful tariff war with the US. The 16-nation Regional Comprehensive Economic Partnership (RCEP) spans from India to New Zealand and includes 30 […]

Strong US lead to see Australia: S&P/ASX 200 (.AXJO) open high today

Strong US lead to see Australia: S&P/ASX 200 (.AXJO) open high today

Strong US lead to see Australia: S&P/ASX 200 (.AXJO) open high today The interest today will turn to local retail sales data today, as traders prepare for tomorrow’s RBA meeting. And on a global front, though it’s unlikely to be anywhere near as significant as last week, traders will be positioning for another busy week […]

Hong Kong: HANG SENG INDEX (.HSI) higher as a surprise rise in factory activity in mainland China and increased hopes of a U.S.-China trade agreement cheered investors

Hong Kong: HANG SENG INDEX (.HSI) higher as a surprise rise in factory activity in mainland China and increased hopes of a U.S.-China trade agreement cheered investors

Hong Kong: HANG SENG INDEX (.HSI) higher as a surprise rise in factory activity in mainland China and increased hopes of a U.S.-China trade agreement cheered investors Hong Kong’s main stock index closed at its highest level in over six weeks on Friday as a surprise rise in factory activity in mainland China and increased […]

Shanghai: SSE Composite Index (.SSEC) trading higher due to increased factory activity and expectations of a long-term trade deal between the United States and China

Shanghai: SSE Composite Index (.SSEC) trading higher due to increased factory activity and expectations of a long-term trade deal between the United States and China

Shanghai: SSE Composite Index (.SSEC) trading higher due to increased factory activity and expectations of a long-term trade deal between the United States and China Chinese shares jumped on Friday thanks to signs of increased factory activity and expectations of a long-term trade deal between the United States and China. Home appliance, rare earth and […]

China-US trade talks returned to the fore after a report said Beijing officials had raised doubts about the chances of a long-term deal

China-US trade talks returned to the fore after a report said Beijing officials had raised doubts about the chances of a long-term deal

Asian markets were mixed on Friday but about the China-US trade talks returned to the fore after a report said Beijing officials had raised doubts about the chances of a long-term deal. Investors were also spooked by a speech by Secretary of State Mike Pompeo, in which he called China “truly hostile” to the US, […]

Singapore: STI Index (.STI) higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track

Singapore: STI Index (.STI) higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track

Singapore: STI Index (.STI) higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track Asian shares rose on Thursday (Oct 31) and US stock futures edged higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track. MSCI’s broadest index of Asia-Pacific […]

Hong Kong: HANG SENG INDEX (.HSI) GDP growth slows down in the recession

Hong Kong: HANG SENG INDEX (.HSI) GDP growth slows down in the recession

Hong Kong: HANG SENG INDEX (.HSI) GDP growth slows down in the recession Hong Kong stocks broke a two-day losing streak on Thursday, with bank and property stocks among the gainers after moves in the US and the city to lower interest rates. The Hang Seng Index rose 0.9 per cent to finish at 26,906.72. […]

Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower

Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower

Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower Dragged lower by weakness in banking stocks, Australian shares recorded their first back to back decline in two weeks on Thursday. The benchmark S&P/ASX 200 Index slid 26.1 points, or 0.4 per cent, to close at 6663.4, bucking the positive lead provided by Wall Street after the […]

Shanghai: SSE Composite Index (.SSEC) Renewed Uncertainty About Trade Deal

Shanghai: SSE Composite Index (.SSEC) Renewed Uncertainty About Trade Deal

Shanghai: SSE Composite Index (.SSEC) Renewed Uncertainty About Trade Deal After ending the previous session moderately higher, stocks moved mostly lower over the course of the trading day on Thursday. With the drop on the day, the S&P 500 pulled back off yesterday’s record closing high. The major averages staged a recovery attempt going into […]

Hong Kong: HANG SENG INDEX (.HSI) investors taking profits, and as the city’s leader warned that Hong Kong could record negative growth for the full 2019 year

Hong Kong: HANG SENG INDEX (.HSI) investors taking profits, and as the city’s leader warned that Hong Kong could record negative growth for the full 2019 year

Hong Kong: HANG SENG INDEX (.HSI) investors taking profits, and as the city’s leader warned that Hong Kong could record negative growth for the full 2019 year The Hang Seng index closed 104.50 points down or 0.39% at 26,786.76. The Hang Seng China Enterprises index fell 0.22% to 10,547. The sub-index of the Hang Seng […]

Australia: S&P/ASX 200 (.AXJO) economic data events combined to knock the local market lower

Australia: S&P/ASX 200 (.AXJO) economic data events combined to knock the local market lower

Australia: S&P/ASX 200 (.AXJO) economic data events combined to knock the local market lower The longest rally in Australian shares in over two years came to abrupt end on Wednesday as reduced rate cut bets from the RBA, uncertainty over progress in US-China trade negations and caution ahead of several key central bank and economic […]

Hong Kong: HANG SENG INDEX (.HSI) investors monitoring further developments on the U.S.-China trade front

Hong Kong: HANG SENG INDEX (.HSI) investors monitoring further developments on the U.S.-China trade front

Hong Kong: HANG SENG INDEX (.HSI) investors monitoring further developments on the U.S.-China trade front Major Asian markets were mixed on Tuesday as investors monitored further developments on the U.S.-China trade front, with the two economic powerhouses working toward a deal. In Tokyo, the Nikkei 225 index gained 106.86 points, or 0.5%, to 22,974.13. The […]

Singapore: STI Index (.STI) investors growing increasingly optimistic over concrete progress on the US-China trade front

Singapore: STI Index (.STI) investors growing increasingly optimistic over concrete progress on the US-China trade front

Singapore: STI Index (.STI) investors growing increasingly optimistic over concrete progress on the US-China trade front Taking cues from Monday’s record close on Wall Street, Asian markets were mostly higher on Tuesday, with investors growing increasingly optimistic over concrete progress on the US-China trade front as well as diminishing fears of a no-deal Brexit. Returning […]

Shanghai: SSE Composite Index (.SSEC) Investors enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S

Shanghai: SSE Composite Index (.SSEC) Investors enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S

Shanghai: SSE Composite Index (.SSEC) Investors enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S Asian stocks outside of Japan extended gains on Tuesday amid enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S. The Nikkei Asia300 Index added 0.3% to 1,303.66. Gains […]

Australia: S&P/ASX 200 (.AXJO) pointing to an early bounce

Australia: S&P/ASX 200 (.AXJO) pointing to an early bounce

Australia: S&P/ASX 200 (.AXJO) pointing to an early bounce The Australian share market has given up nearly all of its early gains, just barely extending its winning streak to six days ahead of busy week for economic data. After being up by as many as 27 points in the morning, the benchmark S&P/ASX200 index finished […]

Asian markets rallied after China and the US said they were close to agreeing a mini trade deal

Asian markets rallied after China and the US said they were close to agreeing a mini trade deal

Asian markets rallied Monday after China and the US said they were close to agreeing a mini trade deal, but the pound extended losses on fresh Brexit uncertainty while EU leaders consider extending a deadline for Britain to leave the bloc. Investors tracked a strong lead from Wall Street, where the S & P 500 […]

Shanghai: SSE Composite Index (.SSEC) plans to make it easier to do business in the city

Shanghai: SSE Composite Index (.SSEC) plans to make it easier to do business in the city

Shanghai: SSE Composite Index (.SSEC) plans to make it easier to do business in the city Shanghai, which has improved the business environment substantially over the years, plans to make it further easier to do business in the city. The city, with a 55 percent weighting in the accessment for China in the World Bank’s […]

Hong Kong: HANG SENG INDEX (.HSI) stocks are trading about 9% cheaper than the five-year average

Hong Kong: HANG SENG INDEX (.HSI) stocks are trading about 9% cheaper than the five-year average

Hong Kong: HANG SENG INDEX (.HSI) stocks are trading about 9% cheaper than the five-year average The economy is heading for a recession, violent protests show no sign of easing and yet Hong Kong’s financial markets are enjoying an unusual period of calm. A gauge of Hang Seng Index volatility has fallen more than 20% […]

Lee Jae-yong is vice-chairman of Samsung Electronics in retrial over a sprawling corruption scandal

Lee Jae-yong is vice-chairman of Samsung Electronics in retrial over a sprawling corruption scandal

The heir to the Samsung empire appeared in court Friday for a retrial over a sprawling corruption scandal that threatens to disrupt management at the world’s biggest smartphone and memory chip maker. Lee Jae-yong is vice-chairman of Samsung Electronics — where profits have been falling for months — and was jailed for five years in […]

Shanghai: SSE Composite Index (.SSEC) Slightly Lower Pre-Market

Shanghai: SSE Composite Index (.SSEC) Slightly Lower Pre-Market

Shanghai: SSE Composite Index (.SSEC) Slightly Lower Pre-Market Asian shares were mixed on Thursday after U.S. stock indexes eked out tiny gains in a wobbly day of trading as investors reviewed another set of mixed company earnings. Japan’s Nikkei 225 advanced 0.6% to 22,763.93 and the Hang Seng in Hong Kong climbed 0.4% to 26,682.41. […]

Australia: S&P/ASX 200 (.AXJO) Expected to Rise at Open

Australia: S&P/ASX 200 (.AXJO) Expected to Rise at Open

Australia: S&P/ASX 200 (.AXJO) Expected to Rise at Open Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 6,620.49. The projected upper bound is: 6,836.20. The projected lower bound is: 6,562.42. The projected closing price is: 6,699.31. Candlesticks A white body occurred (because prices closed higher than […]

Hong Kong: HANG SENG INDEX (.HSI) Expected to Rise, Investors focus on more stimulus to support the island city’s faltering growth amid political unrest

Hong Kong: HANG SENG INDEX (.HSI) Expected to Rise, Investors focus on more stimulus to support the island city’s faltering growth amid political unrest

Hong Kong: HANG SENG INDEX (.HSI) Expected to Rise, Investors focus on more stimulus to support the island city’s faltering growth amid political unrest Hong Kong stocks closed higher on Thursday, on hopes of more stimulus to support the island city’s faltering growth amid political unrest. The Hang Seng index rose 0.9% to 26,797.95, while […]

Singapore: STI Index (.STI) Looks Set to Rise at Open

Singapore: STI Index (.STI) Looks Set to Rise at Open

Singapore: STI Index (.STI) Looks Set to Rise at Open Singapore shares climbed higher on Thursday morning, tracking a largely positive session on Wall Street overnight. US stocks rose modestly on Wednesday following a mixed round of earnings, that lifted US industrial bellwethers Boeing and Caterpillar despite earnings misses, but pummelled semiconductor shares. The Dow and the […]

Asia Points to Continued Rally

Asia Points to Continued Rally

Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to extend Britain’s divorce deadline yet again. While US earnings on Wednesday were a mixed bag, investors remain broadly upbeat after better-than-forecast results so far have […]

SK Hynix Takes a Beating

SK Hynix Takes a Beating

The world’s second-largest memory chip maker, South Korea’s SK Hynix, posted its lowest quarterly profit in three years as it suffers from a long-running slump in the global chip market, it said Thursday. Korean chipmakers — led by behemoth Samsung Electronics — have enjoyed record profits in recent years as prices for their products soared. […]

Singapore: STI Index (.STI) Inflation Holds Steady at 0.5% in September

Singapore: STI Index (.STI) Inflation Holds Steady at 0.5% in September

Singapore: STI Index (.STI) Inflation Holds Steady at 0.5% in September Singapore’s consumer price index rose as expected in September with higher food prices offset by lower housing and utility costs. The CPI rose 0.5% on year in September, the same pace as in August. It matched the median estimate from a Wall Street Journal […]

Australia: S&P/ASX 200 (.AXJO) has finished flat following a sluggish day amid more uncertainty over Brexit negotiations

Australia: S&P/ASX 200 (.AXJO) has finished flat following a sluggish day amid more uncertainty over Brexit negotiations

Australia: S&P/ASX 200 (.AXJO) has finished flat following a sluggish day amid more uncertainty over Brexit negotiations The Australian sharemarket has finished flat following a sluggish day amid more uncertainty over Brexit negotiations. The S&P-ASX 200 index finished Wednesday up 0.9 points to 6673.1, while the all ordinaries was down 0.4 points to 6778.2. With […]

Shanghai: SSE Composite Index (.SSEC) falter with telecoms operators suffering the biggest declines

Shanghai: SSE Composite Index (.SSEC) falter with telecoms operators suffering the biggest declines

Shanghai: SSE Composite Index (.SSEC) falter with telecoms operators suffering the biggest declines China’s main equity indexes faltered on Wednesday, with telecoms operators suffering the biggest declines. The benchmark Shanghai Composite Index closed down 0.43 percent to 2,941.62 points, and the smaller Shenzhen Component Index sank by 0.77 percent to 9, 567.75 points. The blue […]

Hong Kong: HANG SENG INDEX (.HSI) falls on scepticism over magnitude of new relief package

Hong Kong: HANG SENG INDEX (.HSI) falls on scepticism over magnitude of new relief package

Hong Kong: HANG SENG INDEX (.HSI) falls on scepticism over magnitude of new relief package Hong Kong’s stocks dropped by the most in two weeks on angst that a HK$2 billion (US$254 million) relief package would do little to revive growth at the former British colony that has been roiled by anti-government protests. The Hang […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Off Headlines Asia shares slip on BREXIT snag Crude Oil prices fell after data showed US stocks rose more than expected last week. Gold holds steady, as technical buying gives support Gold: Gold prices were largely unchanged Wednesday, as investors awaited more clarity on […]

Shanghai: SSE Composite Index (.SSEC) stocks ease as investors ponder over earnings

Shanghai: SSE Composite Index (.SSEC) stocks ease as investors ponder over earnings

Shanghai: SSE Composite Index (.SSEC) stocks ease as investors ponder over earnings China stocks slipped on Tuesday, as investors chewed over the third quarter corporate earnings, amid a cooling economy hit by the Sino-U.S. trade war. The CSI300 index .CSI300 fell 0.2% to 3,873.23 at the end of the morning session, while the Shanghai Composite Index .SSEC lost 0.1% […]

Singapore: STI Index (.STI) positive start to the week

Singapore: STI Index (.STI) positive start to the week

Singapore: STI Index (.STI) positive start to the week Positive remarks from both the US and China on trade matters, which suggest productive negotiations between the two parties over a trade deal lifted spirits, making for a positive showing for Asian equities on Tuesday. In Singapore, the Straits Times Index (STI) build on a positive start […]

Australia: S&P/ASX 200 (.AXJO) stocks are tipped to make a steady start after a mixed night on Wall Street

Australia: S&P/ASX 200 (.AXJO) stocks are tipped to make a steady start after a mixed night on Wall Street

Australia: S&P/ASX 200 (.AXJO) stocks are tipped to make a steady start after a mixed night on Wall Street Australia stocks were higher after the close on Tuesday, as gains in the Materials, Metals & Mining and Resources sectors led shares higher. At the close in Sydney, the S&P/ASX 200 added 0.30%. The best performers […]

Hong Kong: HANG SENG INDEX (.HSI) markets up on fresh hopes for U.S.-China ‘phase-one’ trade deal

Hong Kong: HANG SENG INDEX (.HSI) markets up on fresh hopes for U.S.-China ‘phase-one’ trade deal

Hong Kong: HANG SENG INDEX (.HSI) markets up on fresh hopes for U.S.-China ‘phase-one’ trade deal Asian markets rose slightly in early trading Tuesday after encouraging news about U.S.-China trade talks. President Donald Trump on Monday said “the deal with China is coming along very well. They have to make a deal because their supply […]

China Keeps Open Door Policy to FDI Despite Trade Dispute

China Keeps Open Door Policy to FDI Despite Trade Dispute

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 lost 0.4% Tuesday in a newsy session. Company-specific news contributed to outsized stock moves, but overall gainers in broader market had been nominal until a hiccup on the BREXIT issue dragged the major indices into the Red. The benchmark index closed at session lows below the 3000 […]

Fusion Combats Vietnam’s Litter Issue With Giant Fish Installations

Fusion Combats Vietnam’s Litter Issue With Giant Fish Installations

The latest move is one of several sustainable initiatives the company rolled out this year The diet of a typical fish shouldn’t include plastic, that is unless it’s one of the oversized guppies that have found a home on the beach fronts of Fusion Resort Cam Ranh and Fusion Resort Phu Quoc, in Vietnam. The […]

A Quick Guide to Successful Investing

A Quick Guide to Successful Investing

A Quick Guide to Successful Investing When to Invest Techniques and Psychology Mistakes to Avoid Rule of thumb on when to invest The best times to invest are: When the investment vehicle is undervalued An undervalued asset is one that is selling below what is assumed to its intrinsic value. Compare the current price of […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Up Headlines Crude Oil prices were little changed Tuesday Gold prices steady as US-China trade optimism sparks market cheer Investors await FOMC meeting at the end of the month Gold: Gold was muted Tuesday, weighed down by buoyant Asian shares that cheered […]

Shanghai: SSE Composite Index (.SSEC) higher on hopes China and the United States could sign a trade deal

Shanghai: SSE Composite Index (.SSEC) higher on hopes China and the United States could sign a trade deal

Shanghai: SSE Composite Index (.SSEC) higher on hopes China and the United States could sign a trade deal China stocks closed up on Monday, on hopes China and the United States could sign a trade deal and that Beijing would continue its policy support for the economy. The blue-chip CSI300 index rose 0.3%, to 3,880.84, […]