Thursday’s World Markets Outlook: Asia-Pacific

Japanese shares Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines. The benchmark Nikkei average ended 1.3% lower at 19,290.20. The Nikkei’s volatility index, a measure of investors’ volatility expectations based on option pricing and considered to be a fear […]

Wednesday’s World Markets Outlook: Asia-Pacific

Australia’s main stock index fell Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 index fell 0.3% by 0039 GMT, with a 3.4% drop in energy stocks weighing […]

Tuesday’s World Markets Outlook: Asia-Pacific

China and Hong Kong stocks gained Tuesday, after the world’s 2nd-largest economy posted better-than-expected trade data despite the coronavirus outbreak. China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over […]

Monday’s World Markets Outlook: Asia-Pacific

Japanese shares fell Monday as investors worried about the impact of the coronavirus outbreak on corporate earnings, though stocks of Key Crude Oil exploration firms rose after major producers finally agreed their biggest-ever output cut. The benchmark Nikkei average dropped 2.3% to 19,043.40 on subdued activity. China stocks dipped Monday, as the country’s new daily […]

Friday’s World Markets Outlook: Asia-Pacific

Japanese shares dropped Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad. The benchmark Nikkei average slipped 0.1% to 19,326.78 by the midday break, despite overnight gains on Wall Street, as investors locked in some recent gains. SKorean shares rose Friday as market sentiment was lifted […]

Thursday’s World Markets Outlook: Asia-Pacific

Most Southeast Asian stock markets rose Thursday, tracking an upbeat session on Wall Street, as hopes for the coronavirus outbreak nearing its peak rose, while expectations of a cut in oil output pushed the energy-heavy Thai index higher Australian shares rose more than 2% on Thursday, tracking gains on Wall Street as hopes that the […]

Wednesday’s World Markets: Asia Pacific

Japan’s Nikkei share average rose 0.47% at 19,039.91 while the broader Topix gained 0.59% at 1,411.44, extending the rally into its 3rd day. Australian shares dropped more than 2% Wednesday, as concerns of a massive economic slump due to the coronavirus pandemic coupled with an outlook downgrade on the local economy and banking sector drove […]

Tuesday’s World Markets: Asia-Pacific

Most Southeast Asian stock markets tracked Wall Street and Asian equities higher Tuesday, with Thailand rising the most, although gains were capped following a spike in infections due to the coronavirus in the region. Australian shares rose Tuesday as reports of slowing fatalities from the coronavirus outbreak raised optimism that the fight against the disease […]

Monday’s World Markets Outlook: Asia- Pacific

The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]

Monday’s World Markets Outlook: Asia and Oceania

Australian shares are expected to open lower Monday as the widespread closure of venues across the country offset new fiscal stimulus from the government to stem a coronavirus-induced slowdown. New Zealand’s benchmark index dove more than 10% and was on course for its worst session ever after the country announced a move to enter lockdown […]

Thursday’s World Markets Outlook: Asia and Oceania

Philippines plunged 24% Thursday on reopening after a 2-day hiatus, while other Southeast Asian stock markets also sustained heavy losses on fears over the economic damage from the coronavirus pandemic. Indonesian equities fell 5%, triggering a circuit breaker for the 4th time in 6 sessions. Financial and consumer stocks were the biggest losers, with Bank […]

Hitting the Road in the Great ‘Down Under’

Hitting the Road in the Great ‘Down Under’

Hitting the Road in the Great ‘Down Under’ Australia is blessed with bountiful nature and endless photogenic assemblies of sheer coastal cliffs, snow covered mountains, some of the world’s favorite beaches, and an extensive variety of natural landscapes. So, when traveling there take the  opportunity to hit the road, and indulge in experiences of surfing […]

People are Asking, “Is there more trade pressure coming against China?”

People are Asking, “Is there more trade pressure coming against China?”

People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]

Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand

Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand

Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand $RACE This new Supercar bowed at Geneva earlier this year, and now Ferrari is now roll out the new 812 Superfast in markets around the world. The latest to receive the front engine V12 Supercar is Thailand, where it was unveiled at the Impact Speed Park, a karting track along […]

Japan to Dump Radioactive Water in Pacific

Japan to Dump Radioactive Water in Pacific

Japan to Dump Radioactive Water in Pacific Some 770,000 tons (metric) of tritium-containing water is currently stored in 580 tanks at the plant, reported the Japan Times. Toxic water at the plant is currently being treated through a processing system that can remove 62 different types of radioactive material, except tritium. Under the plan the […]

Swire Pacific Limited (HKG:0019) HEFFX Highlights

Swire Pacific Limited (HKG:0019) HEFFX Highlights

Swire Pacific Limited (HKG:0019) HEFFX Highlights As China’s wealthy grow ever more hungry for boutique hotels, Swire Properties plans its third hotel in mainland China, The Middle House. Located in the heart of luxury shopping development HKRI Taikoo Hui in the bustling Jing’an District of Shanghai, the five-star boutique hotel will be the Hong Kong […]

Cathay Pacific Airways Ltd (HKG:0293) HEFFX Highlights

Cathay Pacific Airways Ltd (HKG:0293) HEFFX Highlights

Cathay Pacific Airways Ltd (HKG:0293) HEFFX Highlights Cathay Pacific Airways has denied a report that it is retrenching another 200 employees, a day after the airline said it was cutting 600 jobs in its biggest headcount reduction in almost two decades. “The number of redundancies resulting from the transformation program is around 600, as we […]

Swire Pacific Limited (HKG:0019) Michelle Low, New Finance Director of Swire Properties Limited

Swire Pacific Limited (HKG:0019) Michelle Low, New Finance Director of Swire Properties Limited

Swire Pacific Limited (HKG:0019) Michelle Low New Finance Director of Swire Properties Limited Swire Pacific Limited has announced that Michelle Low, Finance Director of Swire Properties Limited, will be appointed the Finance Director of Swire Pacific with effect from 1st October 2017. Michelle will replace Martin Cubbon, who will be retiring from the Swire group […]

Obama’s Signature Pacific Trade Deal (TPP) “Dead”

Obama’s Signature Pacific Trade Deal (TPP) “Dead”

Obama’s Signature Pacific Trade Deal (TPP) “Dead” US President Barack Hussein Obama’s signature Pacific trade deal is unlikely to pass Congress before he leaves office in January, with growing opposition in both parties and the rise of anti-trade rhetoric in current presidential campaign, experts said. While acknowledging the political difficulty in trade, Obama on Tuesday […]