AirAsia Berhad (5099:KL) to pay at least RM40.6m in uncollected PSC to MAHB unit

AirAsia Berhad (5099:KL) to pay at least RM40.6m in uncollected PSC to MAHB unit

AirAsia Berhad (5099:KL) to pay at least RM40.6m in uncollected PSC to MAHB unit AirAsia will have to pay at least RM40.6 million to Malaysia Airports (Sepang) Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd (MAHB), over unpaid passenger service charges (PSC) from July to December last year. This follows the High Court here […]

Shanghai: SSE Composite Index (.SSEC) investors prepared for tepid results from the ongoing earnings season

Shanghai: SSE Composite Index (.SSEC) investors prepared for tepid results from the ongoing earnings season

Shanghai: SSE Composite Index (.SSEC) investors prepared for tepid results from the ongoing earnings season China stocks fell on Thursday as investors prepared for tepid results from the ongoing earnings season, as weak corporate earnings trends in the U.S. underscored the impact of the trade standoff between Beijing and Washington. Shenzhen’s tech-heavy board ChiNext led […]

Singapore: STI Index (.STI) faces the risk of a technical recession

Singapore: STI Index (.STI) faces the risk of a technical recession

Singapore: STI Index (.STI) faces the risk of a technical recession Investors are sanguine about Singapore’s equity market even as the nation faces the risk of a technical recession, as a positive outlook for dividends and earnings overshadows threats from the U.S.-China trade spat. Singapore’s trade-reliant economy unexpectedly contracted by 3.4% in the June quarter […]

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact Hong Kong shares closed lower on Thursday, as investors closely monitor corporate earnings to assess the impact of Sino-U.S. trade frictions amid uncertainty over economic prospects. The Hang Seng index ended down 0.5% at 28,461.66, while the China Enterprises Index closed 0.6% […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Off Notes: The International Monetary Fund (IMF) Wednesday said the dollar was overvalued by 6% to 12%, based on near-term economic fundamentals. With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched […]

MULPHA (MITC:KL) sells Cairns hotel for A$65mil

MULPHA (MITC:KL) sells Cairns hotel for A$65mil

MULPHA (MITC:KL) sells Cairns hotel for A$65mil Mulpha International Bhd is selling a 4-star hotel in Cairns for A$65mil (RM187.9mil). The company, in a filing with Bursa Malaysia today, said its units in Australia have entered into a property and business asset sale agreement with JY Cairns Esplanade Hotel Pty Ltd on July 16 for […]

Broad selling across FTSE Bursa Malaysia (.KLSE), KLCI down 11 points

Broad selling across FTSE Bursa Malaysia (.KLSE), KLCI down 11 points

Broad selling across FTSE Bursa Malaysia (.KLSE), KLCI down 11 points Bursa Malaysia joined its regional peers in negative territory on Wednesday with selling pressure seen across the board. Dealers said market sentiment was curbed by U.S. President Donald Trump’s comments on trade. Investors continued to fret over slowing growth and the impact of the […]

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed Shares in China finished lower in thin trade on Wednesday, extending the previous day’s small losses as investors continued to fret over slowing growth and the impact of the Sino-U.S. trade dispute, and await more signs of support from Beijing. At […]

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans Hong Kong stocks retreated on Wednesday, hit by concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans. The Hang Seng Index eased 0.1 per cent, or 26.45 points […]

Singapore: STI Index (.STI) economic downturn continues

Singapore: STI Index (.STI) economic downturn continues

Singapore: STI Index (.STI) economic downturn continues Singapore’s exports plunged to a six-year low in June, the latest in a series of brutal indicators showing China’s slowdown and the trade war with the United States are wreaking havoc on the economies of Asia’s trade hubs. The city state’s economy is considered a bellwether for the […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Mixed Notes: With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched out arguments Tuesday on how deep the cut should be, even as a 3rd said she needs more data before […]

AirAsia Berhad (5099:KL) Teleport co-invests in EasyParcel

AirAsia Berhad (5099:KL) Teleport co-invests in EasyParcel

AirAsia Berhad (5099:KL) Teleport co-invests in EasyParcel Teleport, the rebranded cargo and logistics platform of Airasia Group Bhd has co-invested equally with Gobi Partners, a venture capital firm of around RM43.8mil (US$10.6mil) in EasyParcel, a regional e-commerce and parcel delivery player, to scale online parcel delivery services.  Teleport is a wholly owned subsidiary of AirAsia Group, […]

Shanghai: SSE Composite Index (.SSEC) upbeat retail sales and factory output numbers pointed to some stabilization

Shanghai: SSE Composite Index (.SSEC) upbeat retail sales and factory output numbers pointed to some stabilization

Shanghai: SSE Composite Index (.SSEC) upbeat retail sales and factory output numbers pointed to some stabilization Chinese shares closed firmer on Monday as China’s upbeat retail sales and factory output numbers pointed to some stabilization, with second-quarter economic data meeting expectations, while technology shares rebounded from previous week’s sharp declines. At the close, the Shanghai […]

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data Hong Kong stocks ended a tick higher on Tuesday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely U.S. rate cut later this month. Encouraging Chinese June data on Monday had […]

Singapore: STI Index (.STI) trading lower as investors looked to earnings and clues from policy makers for the next catalyst

Singapore: STI Index (.STI) trading lower as investors looked to earnings and clues from policy makers for the next catalyst

Singapore: STI Index (.STI) trading lower as investors looked to earnings and clues from policy makers for the next catalyst Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 10 points at the opening bell. Overseas, most Asian stocks were trading lower as investors looked to earnings […]

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 Unch, Crude Oil Off, Stocks Mixed Notes: Most Asian stock markets rose Monday, but gains were limited as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely US rate cut later […]

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 Firm, Crude Oil Off, Stocks Up Notes: China’s economic growth slowed to 6.2% in Q-2, its weakest pace in 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. EU foreign ministers will seek to figure out how […]

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 Up, Stocks Mixed Notes: Friday, China will release trade data for June, with analysts expecting exports to have fallen as weakening global demand and a sharp hike in US tariffs took a heavier toll on the world’s largest trading nation. OPEC Thursday […]

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher Bursa Malaysia recouped earlier losses to close marginally higher today, backed by improved buying sentiment in both Shariah and conventional mid-sized capitalisation stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 0.29 of-a-point higher at 1,679.26 compared with yesterday’s close of […]

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism Hong Kong stocks jumped today, tracking a global advance after congressional testimony by the head of the Federal Reserve all but confirmed the bank will cut interest rates at the end of the month. The Hang Seng Index rose 0.81 per cent, or […]

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance The local equities market, like most others, has been in a limbo since last Friday’s US jobs data exceeded expectations, sending investors second-guessing the extent of rate cuts by the US Federal Reserve. On Thursday, they were reassured of the Fed’s dovishness, […]

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat China stocks ticked up on Thursday as global central banks look poised to ease policies, while concerns about a slowdown in the country’s economic growth weighed on investor sentiment. At the close, the Shanghai Composite index was up 0.1% at 2,917.76. The blue-chip […]

 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 Up, Stocks Up Notes: Tensions have been high in the Middle East after attacks on tankers and the downing of a US drone by Iran last month, following President Trump’s withdrawal from a multi-party agreement with Tehran to end its nuclear program. […]

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak Hong Kong stocks halted a five-day losing streak on Wednesday as investors awaited a U.S. Congressional testimony by the chairman of the Federal Reserve. The Hang Seng Index closed 0.3% higher at 28,204.69. Social media major Tencent Holdings advanced 1.7% and energy producer CNOOC added 1.4% to rank […]

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum Bursa Malaysia closed in the red today, influenced by selling in the industrial products and services, as well as consumer products and services sectors. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 3.9 points easier at 1,678.97 compared with Tuesday’s close of 1,682.87. […]

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5%

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5%

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5% Total derivatives traded volume edged up 17% YoY to 20.8 million contracts in June but fell 14% MoM as compared to the volume in May, according to an SGX report. Total securities market turnover value dipped 5% MoM to $21.9b, […]

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks China stocks traded little changed on Wednesday morning as investors shrugged off news that Beijing and Washington resumed trade talks, while a flood of initial public offerings targeting Shanghai’s new tech board drew attention, diverting funds from the rest […]

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 Flat Crude Oil Up, Stocks Mixed Notes: OPEC and allied producers led by Russia agreed last week to extend their supply-cutting deal until March 2020. Brent has risen nearly 20% in Y 2019, supported by the pact and tensions in the Middle East, especially the […]

Shanghai: SSE Composite Index (.SSEC) traders cautious ahead of key data release for June

Shanghai: SSE Composite Index (.SSEC) traders cautious ahead of key data release for June

Shanghai: SSE Composite Index (.SSEC) traders cautious ahead of key data release for June China’s stocks extended their steepest decline in nine weeks on Tuesday, as concerns about global monetary policies and increased stock supply continued to weigh on sentiment. The Shanghai Composite Index fell 0.2 per cent to 2,928.19. The benchmark had tumbled 2.6 […]

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month Asia Pacific stocks mostly declined on Tuesday amid dampened expectations on the Fed cutting rates this month. Mainland China shares mostly continued to fall after losses on Monday. The Shanghai composite edged down 0.18% to close at 2,928.23, […]

Petronas suspends Barakah Offshore Petroleum Berhad (7251:KL) unit’s licence for three years

Petronas suspends Barakah Offshore Petroleum Berhad (7251:KL) unit’s licence for three years

Petronas suspends Barakah Offshore Petroleum Berhad (7251:KL) unit’s licence for three years Petroliam Nasional Bhd has suspended its licence issued to Barakah Offshore Petroleum Bhd’s unit over the non-performance of a contract. In a statement to Bursa Malaysia on Tuesday, Bakarah said its unit PBJV Group Sdn Bhd (PBJV) received a notification of suspension of the […]

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 Flat Crude Oil Off, Stocks Lower Notes: BoE Governor Mark Carney has said a global trade war and a no-deal BREXIT were growing risks to Britain’s economy, which might need more help to cope with a downturn. That prompted investors to increase their bets on […]

FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing

FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing

FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing Bursa Malaysia opened lower today, tracking Wall Street’s subdued closing last Friday. Market breadth was negative with 124 decliners outpacing 108 gainers, while 193 counters unchanged, 1,422 untraded and 20 others suspended. Turnover stood at 127.58 million units worth RM46.71 million. […]

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June Stocks in Asia were lower on Monday after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve could soon be making a move on interest rates. In mainland China, […]

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points Local shares had only one way to go yesterday after the buoyant United States jobs report last Friday undercut hopes for an aggressive interest rate cut later this month. Disappointed traders sent the Straits Times Index (STI) tumbling 32.58 […]

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

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

FLASH: Gold Down, USD Up, Crude Oil Flat, Stocks Lower Notes: White House Economic advisor Larry Kudlow has confirmed top representatives from the United States and China will meet in the coming week to continue trade talks. Iran said Sunday it will shortly boost its uranium enrichment above a cap set by a landmark Y 2015 nuclear […]

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

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

FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: The market’s focus is Friday’s US NFPs for June, which economists expect to have risen by 160,000 in June, compared with 75,000 in May. USD firm on Friday but traders held off on making big bets ahead of the closely-watched US NFPs report that could influence […]

KNM (KNMP:KL) bags RM36mil job in Egypt

KNM (KNMP:KL) bags RM36mil job in Egypt

KNM (KNMP:KL) bags RM36mil job in Egypt KNM Group Bhd said an indirect wholly-owned subsidiary FBM Hudson Italiana SpA has secured a RM36.14mil contract in Egypt. The contract, awarded by Technip Italy SpA, was for the design, detailed engineering and fabrication of air cooler heat exchangers at the Middle East Oil Refinery in Alexandria. KNM […]

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q Kenanga research said the forecast weakness in retailers’ performance in 3Q due to an absence of festivities is an opportunity to position for a better 4Q and beyond. “Retailers usually fare the worst in 3Q19 due to the absence of festivities that typically spur […]

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks China stocks closed lower on Thursday weighed down by a slump in top consumer shares, even as investors awaited developments around Sino-U.S. trade talks. The blue-chip CSI300 index fell 0.5% to 3,873.10, while the Shanghai Composite Index lost 0.3% to 3,005.25. Consumer firms […]

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

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

All US financial markets are closed Thursday for Independence Day FLASH: Gold Down, USD Flat, Crude Oil Down, Stocks Up Notes: Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade dispute between the world’s 2 largest economies, Trump Administration officials said Wednesday […]

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday Shares were mostly lower in Asia on Wednesday as the euphoria from President Donald Trump’s truce with China’s Xi Jinping on trade faded. The retreat followed yet another all-time high for the S&P 500 index, though trading in […]

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices Hong Kong stocks eased today as investors cashed out after the previous day’s rally, with energy firms taking a hit following a plunge in oil prices. The Hang Seng Index dipped 0.07 per cent, or 20.42 points, to […]

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

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

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY Wednesday, the US financial markets are shortened, and all US financial markets are closed Thursday for Independence Day FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Off Notes: Bank of England Governor Mark Carney on Tuesday flagged uncertainties stemming from trade disputes and Britain’s departure from the EU […]

Shanghai: SSE Composite Index (.SSEC) stocks slip on trade deal uncertainty

Shanghai: SSE Composite Index (.SSEC) stocks slip on trade deal uncertainty

Shanghai: SSE Composite Index (.SSEC) stocks slip on trade deal uncertainty China stocks eased on Tuesday, as investors were cautious amid uncertainty whether Beijing and Washington could strike a durable deal, while Hong Kong shares rose in line with a global rally in the previous session. The CSI300 index fell 0.1% to 3,933.69 at the […]

Singapore: STI Index (.STI) Cautious investors quick to book profit ahead of Q2 results from companies

Singapore: STI Index (.STI) Cautious investors quick to book profit ahead of Q2 results from companies

Singapore: STI Index (.STI) Cautious investors quick to book profit ahead of Q2 results from companies The week got off to a flying start for Singapore equities following a surprise outcome from the Osaka meeting between the US and China. But Monday’s gains were followed by yesterday’s flat session, with the Straits Times Index (STI) […]

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal Hong Kong stocks finished with healthy gains today as investors welcomed the resumption of China-US trade talks and brushed off violent demonstrations that hit the city overnight. The Hang Seng Index rose 1.17 per cent, or 332.94 points, to 28,875.56. The benchmark Shanghai […]

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

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

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Up, Crude Oil Down, Stocks Mixed Notes: President Trump said Monday that any trade deal with China would need to be “somewhat tilted” in favor of the United States. The US government also threatened tariffs on $4-B of additional EU goods in a long-running dispute […]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Shanghai: SSE Composite Index (.SSEC) is still seeing huge growth

Shanghai: SSE Composite Index (.SSEC) is still seeing huge growth

Shanghai: SSE Composite Index (.SSEC) is still seeing huge growth The last year has been rough for investors in China stocks. U.S. tariffs against the world’s second-biggest economy and the ongoing trade war with China, along with concerns about slowing growth in the Chinese economy, have weighed on Chinese stocks. The Shanghai Composite fell 25% last year […]

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

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

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

Shanghai: SSE Composite Index (.SSEC) shares rally

Shanghai: SSE Composite Index (.SSEC) shares rally

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Asian Markets Mixed

Asian Markets Mixed

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

“Risk Assets Have Room to Run”

“Risk Assets Have Room to Run”

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Subdued, USD Up, Crude Oil Up, Stocks Firm Notes: A Reuters poll showed a growing number of economists expect the Fed policymakers to cut interest rates this year, although the majority still see it holding steady. In Asia Gold: Gold prices subdued Monday after retreating from […]

Singapore: STI Index (.STI) cautious trading

Singapore: STI Index (.STI) cautious trading

Singapore: STI Index (.STI) cautious trading Sentiment in the Singapore market was generally risk-off yesterday. Investors took to profit-taking on property-related counters that have rallied, but dips in stocks with heavier exposures to Hong Kong left the blue-chip index nearly unchanged. The Straits Times Index (STI) closed at 3,222.63, up 1.97 points or 0.06 per […]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Off, Crude Oil Up, Stocks Off Notes: Crude Oil surges after report of tanker incident in Gulf of Oman near Iran In Asia Gold: Gold prices advanced Thursday as demand for the safe-haven metal rose on expectations of an interest rate cut by the Fed […]

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment Shares were mostly lower in Asia on Wednesday and Hong Kong’s Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy. Renewed […]

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