Hong Kong Economy Takes a Hit

Hong Kong Economy Takes a Hit

Empty hotel rooms, struggling shops and even disruption at Disneyland: months of protests in Hong Kong have taken a major toll on the city’s economy, with no end in sight. City leader Carrie Lam has warned that the international financial hub is facing an economic crisis worse than either the 2003 SARS outbreak that paralysed […]

President Trump: “US, China Still Talking on Trade, but Not Ready for Deal”

President Trump: “US, China Still Talking on Trade, but Not Ready for Deal”

$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market wrapped up a volatile week on a lower note, with the S&P 500 down 0.7% Friday. Every time in the past year that President Trump weighed in on the trade dispute the market reacted negatively then responded positively, and the rally extended, I do not expect […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Up Headlines Crude Oil edges up on expectations of more OPEC output cuts Gains for Asian shares capped by trade issues, China stocks fall .DXY flat to little changed Vs its 6 peers Gold sees best week in over 3 […]

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc Bursa Malaysia ended broadly higher in line with regional peers and amid an announcement of better-than-expected Chinese trade data for July.  At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 0.71 per cent or 11.32 points to end at 1,616.02 from yesterday’s […]

Shanghai: SSE Composite Index (.SSEC) showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008

Shanghai: SSE Composite Index (.SSEC) showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008

Shanghai: SSE Composite Index (.SSEC) showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008 Asian markets rose in early trading Thursday, showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008. The People’s Bank of China early Thursday […]

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations The Australian share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations. The benchmark S&P/ASX200 index was up 48.6 points, or 0.75 per […]

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify Many Chinese investors are piling into products that provide a hedge against a stock market collapse, convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify. The dramatic shattering of […]

Australian Dollar: USD/AUD (AUD=X) better than expected Chinese trade also helped fuel the recovery

Australian Dollar: USD/AUD (AUD=X) better than expected Chinese trade also helped fuel the recovery

Australian Dollar: USD/AUD (AUD=X) better than expected Chinese trade also helped fuel the recovery Volatility wise, it was a relatively quiet day in the forex market. USD/JPY extended its losses but the greenback recovered against euro, sterling and other major currencies. The rallies in the Australian and New Zealand dollars were the strongest with both […]

Singapore: STI Index (.STI) fall bucking the positive trend in key global markets including the US

Singapore: STI Index (.STI) fall bucking the positive trend in key global markets including the US

Singapore: STI Index (.STI) fall bucking the positive trend in key global markets including the US Singapore stocks opened weaker on Thursday (Aug 8), bucking the positive trend in key global markets including the US. The Straits Times Index fell 0.68 per cent or 21.52 points to 3,163.17 points as at 9.03am. Losers outnumbered gainers […]

Japanese Yen: USD/JPY (JPY=X) exposed to test new support levels

Japanese Yen: USD/JPY (JPY=X) exposed to test new support levels

Japanese Yen: USD/JPY (JPY=X) exposed to test new support levels On the USD / JPY daily chart below, it seems clear that the price of the pair is exposed to test new support levels in the event of moving around and below the 105 psychological support, the lowest in seven months. Attempts for a bullish […]

Cavory Takes Charge of The Anam in Cam Ranh

Cavory Takes Charge of The Anam in Cam Ranh

CAM RANH, Vietnam (August 8, 2019) – A seasoned professional with almost four decades of experience in the luxury hospitality industry across four continents has been appointed to the helm of the award-winning Anam. French national Philippe Cavory comes to the 12-hectare resort on Vietnam’s pristine Cam Ranh peninsula after four years with YTL Hotels, […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Off, Crude Oil Bounces, Stocks Rally Chicago Fed President Charles Evans signaled Wednesday he was open to lower rates to bolster inflation and counter risks to economic growth from trade tensions. Futures moved to price in a 100% probability of a Fed easing in September […]

Savvy Money is Betting Both Sides of the US-China Trade Dispute

Savvy Money is Betting Both Sides of the US-China Trade Dispute

$SPY, $SPX Hedge-fund billionaire Ray Dalio advised savvy investors to bet on “both horses in the race” amid rising trade tensions between the US and China. He argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. “Would you have not wanted to invest with […]

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off Australian shares are set to open higher as markets steadied to recover losses after a massive sell-off. SPI futures were up 11 points to 6401 at 3.42am AEST. By 5.50am they were up 48 points, or 0.8 per cent, to 6438. The Australian […]

Singapore: STI Index (.STI) stocks take a beating as escalating Sino-US trade tension rattles investors

Singapore: STI Index (.STI) stocks take a beating as escalating Sino-US trade tension rattles investors

Singapore: STI Index (.STI) stocks take a beating as escalating Sino-US trade tension rattles investors Singapore shares began trading on Wednesday morning (Aug 7) in positive territory, recovering from the previous day’s losses after US stocks bounced back overnight as the yuan steadied. The Straits Times Index rose 0.11 per cent or 3.59 points to […]

Japanese Yen: USD/JPY (JPY=X) global flight to safety continues to benefit the pair

Japanese Yen: USD/JPY (JPY=X) global flight to safety continues to benefit the pair

Japanese Yen: USD/JPY (JPY=X) global flight to safety continues to benefit the pair The greenback selling pressure picked up the pace in the last hour and dragged the USD/JPY pair farther below the 106.00 handle, back closer to multi-month lows set in the previous session. Investors are growing increasingly pessimistic about the outlook for the […]

FTSE Bursa Malaysia KLCI (.KLSE) slumps led by Genting stocks as trade war concerns linger

FTSE Bursa Malaysia KLCI (.KLSE) slumps led by Genting stocks as trade war concerns linger

FTSE Bursa Malaysia KLCI (.KLSE) slumps led by Genting stocks as trade war concerns linger The FBM KLCI closed 7.09 points or 0.44% lower today dragged mainly by Genting Malaysia Bhd and Genting Bhd’s substantial share price drop and as investors took profit against lingering US-China trade war concerns. At 5pm, the KLCI closed at […]

Australian Dollar: USD/AUD (AUD=X) Weakness Sustained

Australian Dollar: USD/AUD (AUD=X) Weakness Sustained

Australian Dollar: USD/AUD (AUD=X) Weakness Sustained The Aussie pair kept the downtrend rally intact that had triggered since the start of 2019. The primary focus of the day remained over the RBA Interest Rate Decision. The policymakers held the rates at an all-time low near 1%, forecasting the trade tensions to worsen, compelling for a rate cut […]

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war Hong Kong shares closed modestly higher today, ending a week-long losing streak after spending much of the day in the red as investors remained tense over the escalating US-China trade war. The Hang Seng Index edged up 0.08 per cent, […]

Shanghai: SSE Composite Index (.SSEC) stocks fall before MSCI’s announcement on weighting increases for Chinese stocks and release of July trade data

Shanghai: SSE Composite Index (.SSEC) stocks fall before MSCI’s announcement on weighting increases for Chinese stocks and release of July trade data

Shanghai: SSE Composite Index (.SSEC) stocks fall before MSCI’s announcement on weighting increases for Chinese stocks and release of July trade data China’s stocks fell on Wednesday, with the benchmark gauge capping its longest run of declines in the past two months, as the US-China trade tension weighs on the growth outlook. The Shanghai Composite […]

Vietnam’s Ho Tram Beach Welcomes Cool New Beach Club

Vietnam’s Ho Tram Beach Welcomes Cool New Beach Club

HO TRAM, Vietnam (August 7, 2019) – Meliá Ho Tram Beach Resort has opened Vietnam’s first Spanish beach club, with panoramic views of one of the country’s best beaches, entertainment in spades and a distinct Mediterranean vibe. Dubbed “the place to be”, Breeza Beach Club brings the spirit of the world-famous Mediterranean chill-out beach clubs […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Steady, Stocks Higher Headlines US-China trade dispute remains in focus Crude Oil prices steady Spot gold may test psyche resistance at $1,500 oz Calm returns to stock markets as RMB Yuan steadies Gold: Gold prices +1% Wednesday as investors to seek refuge […]

China Cannot Eliminate Its Demand for US Soybean

China Cannot Eliminate Its Demand for US Soybean

$SOY US Soybean farmers caught up in trade disputes between with China that escalated over the weekend say they are weathering decreased business from the globe’s largest soybean importer. The farmers remain confident China’s tough stance on trade will prove not sustainable. Brazil, the world’s largest soybean exporter, cannot independently produce enough soybean for China’s swelling middle […]

Dream No Longer – DayDream Island Resort is Open

Dream No Longer – DayDream Island Resort is Open

Daydream Island Resort has reopened. The premium property offers 277 rooms and suites, three restaurants, bars and event spaces.  WHAT IS IT? Located in the Great Barrier Reef, Daydream Island is one of 74 islands that make up The Whitsundays and has recently undergone a AUD100m redevelopment.  WHAT’S SO SPECIAL? Apart from being right on the Great […]

Maxis Berhad (6012.KL) 2Q19 net profit down 16.9% on lower service revenue

Maxis Berhad (6012.KL) 2Q19 net profit down 16.9% on lower service revenue

Maxis Berhad (6012.KL) 2Q19 net profit down 16.9% on lower service revenue TMAXIS Bhd identified weaker service revenue in the absence of network sharing agreement, and lower prepaid and postpaid revenue saw its net profit fall 16.9% to RM397 million in the second quarter ended June 30, 2019 (2Q19), from RM478 million reported in 2Q18. […]

President Trump Dismissed Fear of Long-lasting Trade Dispute with China

President Trump Dismissed Fear of Long-lasting Trade Dispute with China

The US Treasury Department declared Monday it had determined for the 1st time since Y 1994 that Beijing was manipulating its RMB Yuan. Then early Tuesday, President Trump dismissed fears of a protracted trade dispute with China, ignoring a bluster warning in the Beijing press that labeling it a currency manipulator would have severe consequences […]

Shanghai: SSE Composite Index (.SSEC) benchmark retreats to five-month low

Shanghai: SSE Composite Index (.SSEC) benchmark retreats to five-month low

Shanghai: SSE Composite Index (.SSEC) benchmark retreats to five-month low China’s stocks dropped to the lowest level in five months after the US designated the Asian nation as a currency manipulator and Beijing suspended procurement of American agricultural products as the trade war flared up between the world’s two largest economies. The Shanghai Composite Index […]

Japanese Yen: USD/JPY (JPY=X) support at the lower parallel around 105.55

Japanese Yen: USD/JPY (JPY=X) support at the lower parallel around 105.55

Japanese Yen: USD/JPY (JPY=X) support at the lower parallel around 105.55 Price posted an outside weekly reversal off resistance last week with the decline now targeting confluence near-term support at the lower parallel around 105.55. Look for a reaction there- resistance at 106.78 backed by 107.21 with bearish invalidation at 107.60. A break lower expose 104.65. Technical Indicators Overall, the bias in prices […]

Australian Dollar: USD/AUD (AUD=X) tries to recover

Australian Dollar: USD/AUD (AUD=X) tries to recover

Australian Dollar: USD/AUD (AUD=X) tries to recover The Australian Dollar surged higher against its G10 rivals Tuesday after the Reserve Bank of Australia(RBA) suggested it will wait for some time before cutting its interest rate again and as markets serenaded a record trade surplus for the month of June.  Australia’s trade surplus came in at $8.04 […]

Singapore: STI Index (.STI) huge losses as traders anticipated more flare-ups

Singapore: STI Index (.STI) huge losses as traders anticipated more flare-ups

Singapore: STI Index (.STI) huge losses as traders anticipated more flare-ups Asian equities had no time to catch their breath on Monday, falling end over end in huge losses as traders anticipated more flare-ups from Washington after China’s yuan slumped to a decade low and stoked fears of rising trade-war pains and the spectre of […]

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns Hong Kong stock investors headed for the exit as economic woes, street protests and China’s weak yuan intensified worries over potential outflows from the city. The MSCI Hong Kong Index closed 0.6% lower, its 10th straight decline a day after […]

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity?

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity?

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity? The answer is probably both! I believe the market is primed for a sell-off after staging big gains in 2019 and a correction is healthy. Stocks will bounce back as central banks will rush to pump their respective economies with cheap and accessible credit. […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Firm, USD Off, Crude Oil Up, Stocks Lower Headlines Crude Oil climbs on Short-covering, Us-China trade disputes caps gain Global Stock ‘rout’ deepens US labels China a currency manipulator paving the way for more sanctions Yuan off lows, JPY slumps as China struggles over currency policy Gold […]

Asian Markets Take a Beating

Asian Markets Take a Beating

Asian markets slumped in morning trade Tuesday, tracking global losses after Wall Street suffered its worst sell-off of the year as investors fretted over US-China trade war fears. A sharp fall in the Chinese yuan’s value against the dollar — breaching the 7.0 level seen as a key threshold by investors — prompted US President […]

PBoC Taking Steps to Limit RMB Yuan Fall After the Currency’s Blacklisting

PBoC Taking Steps to Limit RMB Yuan Fall After the Currency’s Blacklisting

$CNH, $CNY, $USD FLASH: China will not use its currency as a tool in its dispute with the US China took steps to slow it RMB Yuan’s dive, as the effects of Monday’s plunge weighed on financial markets. The People’s Bank of China (PBoE) set the daily currency fixing stronger than analysts expected and announced […]

HondaJet Elite Becomes Certified In China

HondaJet Elite Becomes Certified In China

Honda Aircraft Company announced today that the HondaJet Elite has received type certification. From the Civil Aviation Administration of China (CAAC). This demonstrates that the aircraft meets the safety standards set by the organization.  HondaJet Elite deliveries in the region will begin this year. The HondaJet Elite holds type certifications around the world. Including, the United States (Federal Aviation […]

President Trump Tweets, “China is a Currency Manipulator” and Stocks Dipped

President Trump Tweets, “China is a Currency Manipulator” and Stocks Dipped

$XAU, $GLD, $USD, $CHN Monday, President Trump Tweeted “China dropped the price of their currency to an almost a historic low. It is called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!” For equity investors all this does not augur well as uncertainty because of […]

Investment Strategy: Buy US Stocks on the Dip

Investment Strategy: Buy US Stocks on the Dip

$DIA, $SPY, $QQQ, $RUTX, $VXX FlASH: The implied likelihood for a 50-bpts rate cut at the September FOMC meeting climbed to 23.5% Vs 1.5%. Friday, according to the CME FedWatch Tool. Expectations for the Fed to step up its easing efforts amid increased risks to the economic outlook expounded the flight-to-safety in gold and US […]

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war Australian shares are set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war. The RBA meets today but markets don’t expect […]

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes The Hang Seng dropped 2.9 per cent to 26,151.32 for a ninth straight day of declines. The last time when such a run happened was back in March 1997, a few months before the handover of the former British colony and before the Asian financial crisis. […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Lower Headlines Asia stocks hit 6-month low as investors flee to safety Futures are now pricing in deeper interest rate cuts than before last week’s Fed meeting. The terminal US rate is seen at 1.22%, 93 bpts below the current […]

Wilmar International HEFFX Highlights

Wilmar International HEFFX Highlights

Wilmar International Limited is a Singapore-based agribusiness company. The Company’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleo chemicals, biodiesel and fertilizers, as well as rice and flour milling. Its segments include Tropical Oils (Plantation, Manufacturing & Merchandising); Oilseeds & Grains […]

Golden Agri-Resources HEFFX Highlights

Golden Agri-Resources HEFFX Highlights

Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products […]

Yangzijiang Shipbuilding Holdings HEFFX Highlights

Yangzijiang Shipbuilding Holdings HEFFX Highlights

Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is also engaged in provision of agency service for shipbuilding and related activities. The Company’s segments include shipbuilding segment, investment segment, trading segment and other. The shipbuilding segment is engaged in shipbuilding, offshore marine equipment construction and ship design. The investment segment consists […]

Singapore Technologies Engineering HEFFX Highlights

Singapore Technologies Engineering HEFFX Highlights

Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged in the provision of engineering and related services. It operates in four segments: Aerospace, which provides a range of maintenance and engineering services that include airframe, repair and overhaul, engine and component maintenance, and engineering design and technical services; Electronics, which specializes […]

GSS Energy Ltd HEFFX Highlights

GSS Energy Ltd HEFFX Highlights

GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]

COSCO Shipping International HEFFX Highlights

COSCO Shipping International HEFFX Highlights

COSCO Shipping International (Singapore) Co., Ltd provides logistics management services. The Company’s segments include Logistics, Property Management, Dry Bulk Shipping and Ship Repair and Marine Engineering. The Logistics segment business comprises primarily of warehousing services management, container depot services management, automotive logistics services and transportation services in Singapore. Dry Bulk Shipping segment is engaged in […]

United Overseas Bank HEFFX Highlights: Target $26.8

United Overseas Bank HEFFX Highlights: Target $26.8

United Overseas Bank Limited is a bank in Asia. The Company provides financial services across the globe through its segments, which include Group Retail (GR), Group Wholesale Banking (GWB), Global Markets (GM) and Others. GR segment covers personal and small enterprise customers. GWB encompasses corporate and institutional client segments, which include medium and large enterprises, […]

Jiutian Chemical HEFFX Highlights

Jiutian Chemical HEFFX Highlights

Jiutian Chemical Group Limited is an investment holding company. The Company is engaged in the manufacture and production of dimethylformamide (DMF) and methylamine. It is involved in the processing and sale of consumable carbon dioxide and oxygen. It operates through two business divisions: DMF division, which is engaged in producing DMF as its main product […]

SIA Engineering HEFFX Highlights: Target $2.75

SIA Engineering HEFFX Highlights: Target $2.75

SIA Engineering Company Limited is engaged in the provision of airframe maintenance and component overhaul services, the provision of line maintenance and technical ground handling services, fleet management program and investment holdings. The Company’s segments include repair and overhaul, and line maintenance. The repair and overhaul segment provides repair and overhaul services, which include scheduled […]

Starhub HEFFX Highlights

Starhub HEFFX Highlights

StarHub Ltd is a Singapore-based info-communications company. The Company engaged in operation and provision of telecommunications services and other businesses relating to the info-communications industry. The Company offers a range of information, communications and entertainment services for both consumer and corporate markets. It delivers Mobile, Pay television, Broadband, Fixed network services and equipment sales on […]

Singapore Telecommunications HEFFX Highlights

Singapore Telecommunications HEFFX Highlights

Singapore Telecommunications Limited is a communications company. The Company is engaged in the operation and provision of telecommunications systems and services, and investment holding. In addition, it offers Internet services and also holds frequency spectrum and license rights to install, operate and maintain mobile communication systems and services, including wireless broadband systems and services. It […]

Singapore Airlines HEFFX Highlights

Singapore Airlines HEFFX Highlights

Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]

Singapore Exchange HEFFX Highlights: Target $8

Singapore Exchange HEFFX Highlights: Target $8

Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]

DBS GROUP HOLDINGS HEFFX Highlights

DBS GROUP HOLDINGS HEFFX Highlights

DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others. The Consumer Banking/Wealth Management segment […]

Genting Singapore HEFFX Highlights

Genting Singapore HEFFX Highlights

Genting Singapore Ltd is an investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of integrated resort, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. It operates through leisure and hospitality operations segment within Singapore. The operations in other […]

Keppel HEFFX Highlights: Target $6.25

Keppel HEFFX Highlights: Target $6.25

Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]

Oversea-Chinese Banking Corporation HEFFX Highlights: Target $11.70

Oversea-Chinese Banking Corporation HEFFX Highlights: Target $11.70

Oversea-Chinese Banking Corporation Limited (the Bank) is a Singapore-based financial services company. The Bank is engaged in the business of banking, life assurance, general insurance, asset management, wealth management, investment holding, futures and stockbroking. Its segments are Global Consumer/Private Banking, Global Corporate/Investment Banking, Global Treasury and Markets, Insurance and OCBC Wing Hang. Global Consumer/Private Banking […]

Noble Group HEFFX Highlights

Noble Group HEFFX Highlights

Noble Group Holdings Ltd is an investment holding company. The Company is located in London, the United Kingdom. Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards […]

HK’s Protesters Defile China’s Flag

HK’s Protesters Defile China’s Flag

Saturday, Protesters and authorities clashed in Hong Kong as demonstrators removed a Chinese national flag from its pole and flung it into the city’s iconic Victoria Harbour and police fired tear gas after some protesters vandalized a police station. The scene was a familiar 1 in the semi-autonomous Chinese territory, which has been wracked by […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Mixed, USD Steady, Crude Oil Up, Stocks Lower Headlines President Trump’s new tariffs may set stage for more Fed rate cuts President Trump says it is up to China to deal with Hong Kong’s riots Crude Oil prices regain ground after overnight dive Gold will see a […]

FTSE Bursa Malaysia KLCI (.KLSE) Investors are concerned about the health of the global economy

FTSE Bursa Malaysia KLCI (.KLSE) Investors are concerned about the health of the global economy

FTSE Bursa Malaysia KLCI (.KLSE) Investors are concerned about the health of the global economy BANKING stocks fell the most in nearly three months yesterday, dragging the FTSE Bursa Malaysia KLCI (FBM KLCI) lower for the third consecutive day as a weaker lending outlook and external economic figures hit investor sentiment. The Kuala Lumpur Financial […]

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July Asia Pacific markets declined Thursday as a private survey showed Chinese factory activity contracted in July while official data revealed South Korea’s exports fell. Mainland Chinese stocks slipped on the day: The Shanghai composite fell 0.81% […]

Shanghai: SSE Composite Index (.SSEC) declined after the Federal Reserve’s chairman Jerome Powell suggested the quarter-point rate cut on Wednesday was a one-off

Shanghai: SSE Composite Index (.SSEC) declined after the Federal Reserve’s chairman Jerome Powell suggested the quarter-point rate cut on Wednesday was a one-off

Shanghai: SSE Composite Index (.SSEC) declined after the Federal Reserve’s chairman Jerome Powell suggested the quarter-point rate cut on Wednesday was a one-off Asian markets mostly declined on Thursday after the Federal Reserve’s chairman Jerome Powell suggested the quarter-point rate cut on Wednesday was a one-off.Meantime, the US-China trade talks in Shanghai ended on Wednesday with few […]

Singapore: STI Index (.STI) has posted a net profit of S$103.9 million in the fourth quarter

Singapore: STI Index (.STI) has posted a net profit of S$103.9 million in the fourth quarter

Singapore: STI Index (.STI) has posted a net profit of S$103.9 million in the fourth quarter THE Singapore Exchange (SGX) has posted a net profit of S$103.9 million in the fourth quarter, up 24.1 per cent from the same period a year earlier. Revenue in the three months ended June 30 rose 16.5 per cent […]

Japanese Yen: USD/JPY (JPY=X) puts in a monster day after FOMC-fuelled bounce

Japanese Yen: USD/JPY (JPY=X) puts in a monster day after FOMC-fuelled bounce

Japanese Yen: USD/JPY (JPY=X) puts in a monster day after FOMC-fuelled bounce USD/JPY finally tested above the 109.00 level, albeit temporarily. Since then bears have been on attack as prices have peeled all the way below 107.50, leaving a bearish engulfing candlestick on the chart. Overall, the bias in prices is: Downwards. The projected upper bound […]

Australian Dollar: USD/AUD (AUD=X) neutral candle forming

Australian Dollar: USD/AUD (AUD=X) neutral candle forming

Australian Dollar: USD/AUD (AUD=X) neutral candle forming The Australian dollar has gone back and forth during the trading session on Thursday, in an obvious neutral candle. With that neutral candle forming, it shows that we are at least trying to find some type a bottom. The 0.68 level is large and looming on the longer-term charts […]

Australia: S&P/ASX 200 (.AXJO) pointing to a fall in the ASX at the start of trade

Australia: S&P/ASX 200 (.AXJO) pointing to a fall in the ASX at the start of trade

Australia: S&P/ASX 200 (.AXJO) pointing to a fall in the ASX at the start of trade The Aussie dollar has sunk to its lowest level against its US counterpart in a decade, and the Australian sharemarket has also finished lower, after the US Federal Reserve said its interest rate cut is unlikely to be the […]

President Trump to Inflict Economic Pain on China Until a Suitable Trade Deal is Made

President Trump to Inflict Economic Pain on China Until a Suitable Trade Deal is Made

$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, President Trump said he may raise US tariffs on Chinese goods beyond 25% if trade negotiations with Beijing remain stalled. President Trump told reporters that the new 10% tariff he announced Thursday for $300-B in Chinese imports beginning 1 September will be imposed for a short term and could […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dipped, USD Up, Crude Oil Off, Stocks Lower Headlines USD up as lengthy Fed easing uncertain and BREXIT pains deepens. Crude Oil slips 1% after Fed disappoints, US Crude Oil output rises. Gold dipped to 2-wk lows on Fed uncertainty about more rate cuts. Asian shares fall, […]

Australian Dollar: USD/AUD (AUD=X) needs to find support

Australian Dollar: USD/AUD (AUD=X) needs to find support

Australian Dollar: USD/AUD (AUD=X) needs to find support The Australian dollar initially tried to rally during the trading session on Wednesday, slamming into the 0.69 level. This is an area that obviously will attract a lot of attention, but I think the 0.6850 level underneath is going to continue to be support, extending down to the […]

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon Asian markets dropped on Wednesday after US President Donald Trump criticized China in a series of tweets, adding to worries over trade negotiations that resumed recently in Shanghai. Investors are also watching closely for the Federal Reserve’s […]

US and China Had Highly Constructive Trade Meetings in Shanghai to Continue in Washington in September

US and China Had Highly Constructive Trade Meetings in Shanghai to Continue in Washington in September

FLASH: Chinese side confirmed their commitment to increase purchases of United States agricultural exports. The US and Chinese negotiators wrapped up a round of trade talks on Wednesday with visible signs of progress and scheduled their next meeting in September in Washington, DC. Both sides issued brief statements after the 1st face-to-face meetings since President […]

Australia: S&P/ASX 200 (.AXJO) has pulled back from its record highs despite gains for the energy sector

Australia: S&P/ASX 200 (.AXJO) has pulled back from its record highs despite gains for the energy sector

Australia: S&P/ASX 200 (.AXJO) has pulled back from its record highs despite gains for the energy sector The Australian sharemarket has pulled back from its record highs despite gains for the energy sector. The benchmark S&P-ASX 200 index finished down 32.5 points to 6,812.6 points on Wednesday, while the all ordinaries closed down 31.6 points […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Unch, USD Firm, Crude Oil Up, Stocks Lower Headlines Asian shares at 6-week lows on trade worry Gold prices hold steady ahead of Fed’s rate announcement Crude Oil gains for a 5th day running after US stockpile drop  .DXY held firm Wednesday, as a wait-and-see mood prevailed. […]

Singapore: STI Index (.STI) down amid a slew of corporate results and investor anticipation of a Fed rate cut this week

Singapore: STI Index (.STI) down amid a slew of corporate results and investor anticipation of a Fed rate cut this week

Singapore: STI Index (.STI) down amid a slew of corporate results and investor anticipation of a Fed rate cut this week Singapore stocks opened weaker on Tuesday (July 30), with the Straits Times Index heading down 0.06 per cent or 1.89 points to 3,344.50 as at 9.01am, amid a slew of corporate results and investor […]

Australian Dollar: USD/AUD (AUD=X) selling pressure is in reaction to weaker-than-expected domestic economic data

Australian Dollar: USD/AUD (AUD=X) selling pressure is in reaction to weaker-than-expected domestic economic data

Australian Dollar: USD/AUD (AUD=X) selling pressure is in reaction to weaker-than-expected domestic economic data The Australian Dollar is edging lower against the U.S. Dollar on Tuesday. Some of the selling pressure is in reaction to weaker-than-expected domestic economic data released earlier in the session. Australian Building Approvals came in at -1.2%, below the 0.2% forecast. […]

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low The blue chip index recovered some lost ground from the previous session, edging up 0.1 per cent at 28,146.5. But main board turnover dropped 10 per cent to HK$61.7 billion, its lowest in a week. On Monday, […]

Shanghai: SSE Composite Index (.SSEC) shares end higher

Shanghai: SSE Composite Index (.SSEC) shares end higher

Shanghai: SSE Composite Index (.SSEC) shares end higher Major Chinese stock indices ended higher Tuesday, with the benchmark Shanghai Composite Index up 0.39 percent to 2,952.34 points. The Shenzhen Component Index closed 0.48 percent higher at 9,399.1 points. The combined turnover of stocks on the two exchanges stood at 384.24 billion yuan (about 55.8 billion […]

Australia’s Battle of the Snakes

Australia’s Battle of the Snakes

In honor of World Snake Day, the Australian Reptile Park turned their annual reptile health checks into a friendly competition.  Visitors who were unaware of the Snake Holiday were terrified to see the park’s 3 largest snakes out in the open as employees measured and weighed them in front of the crowd. Each snake is considered extremely dangerous and required multiple […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Higher Headlines Asia stocks gain ahead of Fed, GBP pressured by BREXIT uncertainty, Crude Oil prices rise on expectations Fed will cut rates, Gold slips as USD climbs. Gold: Gold prices dipped Tuesday as USD rose to 2-month highs, while […]

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on cautious sentiment

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on cautious sentiment

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on cautious sentiment Shares on Bursa Malaysia extended the earlier downtrend to close lower today as investors’ risk appetite was weighed down by cautious market sentiment, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.27 points to 1,642.69 from Friday’s close of 1,647.96. The […]

Japanese Yen: USD/JPY (JPY=X) BOJ is expected to leave its benchmark interest rate unchanged

Japanese Yen: USD/JPY (JPY=X) BOJ is expected to leave its benchmark interest rate unchanged

Japanese Yen: USD/JPY (JPY=X) BOJ is expected to leave its benchmark interest rate unchanged The Dollar/Yen rallied last week to its highest level since July 10 as investors pared expectations for aggressive Federal Reserve interest rate cuts. The price action was also driven by a widening of the spread between U.S. Government bond yields and […]

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume Stocks in Asia mostly slipped on Monday as investors awaited the resumption of U.S.-China negotiations in Beijing this week amid low expectations for a major breakthrough. Shares in mainland China were mixed on the day, the Shanghai composite slipped 0.12% to 2,941.01, […]

Australia: S&P/ASX 200 (.AXJO) share market breached its record closing high

Australia: S&P/ASX 200 (.AXJO) share market breached its record closing high

Australia: S&P/ASX 200 (.AXJO) share market breached its record closing high The Australian share market breached its record closing high, set before the global financial crisis (GFC) smashed stock values. However, the ASX 200 was unable to sustain its new record for very long. The benchmark index closed 0.5 per cent higher at 6,825.8 — […]

Australian Dollar: USD/AUD (AUD=X) now looks like it is going to make a serious play to break down below the 0.69 handle

Australian Dollar: USD/AUD (AUD=X) now looks like it is going to make a serious play to break down below the 0.69 handle

Australian Dollar: USD/AUD (AUD=X) now looks like it is going to make a serious play to break down below the 0.69 handle The Australian dollar has tried to rally during the trading session on Monday but gave back most of the gains early in trading and now looks like it is going to make a serious […]

Shanghai: SSE Composite Index (.SSEC) investors hold low expectations that U.S. and Chinese negotiators meeting

Shanghai: SSE Composite Index (.SSEC) investors hold low expectations that U.S. and Chinese negotiators meeting

Shanghai: SSE Composite Index (.SSEC) investors hold low expectations that U.S. and Chinese negotiators meeting China stocks slipped in thin trading on Monday as investors held low expectations that U.S. and Chinese negotiators meeting in Shanghai will bring a swift end to a damaging tariff war and soft data has fuelled concerns over an economic […]

Tencent Cloud helps Chinese Games enter the world stage by providing game development and operation solutions

Tencent Cloud helps Chinese Games enter the world stage by providing game development and operation solutions

Tencent’s global cloud services and innovative technological solutions have helped games to prosper in the global market, including Youzu’s Game of Thrones: Winter is Coming (web version), U.LU’s ARKA, and Zilong’s Laplace M. Resources and technical support: ensuring the quality of gaming experience Game of Thrones: Winter is Coming (Web Version), as one of the most […]

New Resort Unveils Getaway Focused on Fostering Quality Family Time

New Resort Unveils Getaway Focused on Fostering Quality Family Time

HO TRAM, Vietnam (July 29, 2019) – Five-star Meliá Ho Tram Beach Resort has launched a package to reconnect family, rolling out recreational pursuits ranging from lantern-making and conical hat painting to pool parties, an outdoor cinema and “Family Olympics” games. The “Family Forever” getaway is on offer at the 17-hectare beachfront resort’s two-, three- […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Down, Stocks Lower Headlines Crude Oil falls on growth outlook concerns and positive news on Iran A Fed interest rate cut a certainty Asian shares drift lower, trade talks loom Gold rises as markets awaits Fed meeting Gold: Gold prices gained Monday […]

Australia: S&P/ASX 200 (.AXJO) set to open up after a record-breaking week

Australia: S&P/ASX 200 (.AXJO) set to open up after a record-breaking week

Australia: S&P/ASX 200 (.AXJO) set to open up after a record-breaking week Australian shares are set to open up after a record-breaking week on markets and as a big US Federal Reserve decision is set to come. SPI futures were up 19 points to 6750. The Australian dollar was down 0.6 per cent to 69.08 […]