Market Pulse - Asia
Trump threatens to quit WTO if it doesn't 'shape up'
US President Donald Trump told Bloomberg in an interview on Thursday that he would withdraw from the World Trade Organization unless it "shapes up" and treats the US better.
Asia report: Markets mostly lower as Trump mulls even more China tariffs
Markets in Asia finished mostly lower on Friday, after a negative session on Wall Street overnight and amid reports US president Donald Trump was keen to pile even more tariffs on the already-burdened portfolio of imports from China.
Asia report: Most markets lower, Aussie telecoms merger confirmed
Most markets in Asia finished lower on Thursday, paring back earlier gains as the third and fourth biggest telecoms in Australia agreed plans for a merger.
Commodities: WTI futures climb after inventory data, Iran threat on nuclear deal
Energy and agriculture futures racked-up big gains, with the former boosted by a set of 'bullish' figures on weekly US oil inventories and a threat by Iran that it might leave the nuclear deal that it signed up to in 2015.
Asia report: Markets mixed after stellar session stateside
Markets in Asia finished mixed on Wednesday, after a solid close on Wall Street overnight which saw the S&P 500 and the Nasdaq hit record highs as traders continued to cheer a fresh trade deal between the US and Mexico.
Driverless taxi debuts in Tokyo with car full of passengers
A self-driving taxi has successfully taken passengers through Tokyo in the first public test for autonomous vehicles.
Sector movers: US-Mexico trade talks boost miners, steel companies
News that the US and Mexico had agreed to make modifications to the North American Free Trade Agreement appeared to boost investor sentiment on Tuesday, with shares of miners and steel outfits deriving the greatest benefit, amid hopes that it might herald progress in talks with other trading partners.
Russia gears up for biggest military excercises in four decades
Russia will hold its biggest war games in nearly four decades next month as part of a massive military exercise that will also involve Chinese and Mongolian troops.
Asia report: Markets higher on US-Mexico deal, NZX suffers massive glitch
Markets in Asia finished mostly higher on Tuesday, taking their cues from Wall Street overnight, which surged as the US and Mexico reached a deal on a new trade agreement.
Japanese companies despair at Brexit confusion
Japanese companies with operations in Britain are nonplussed by the UK government’s approach to Brexit as the deadline for leaving the EU nears, the Financial Times reported.
Yuan bounces back after China reinstates counter-cylical factor in daily fixing
China's currency jumped back on Friday afternoon after the country's central bank reinstated the so-called 'counter-cyclical factor' in its daily price-fixing mechanism for the yuan, Reuters reported.
Asia report: Markets mixed on trade talks as Oz gets another new PM
Markets in Asia finished mixed on Friday, as investors swung back into a cautious mode over the ongoing war of tariffs between the US and China, and as Australia gained its sixth prime minister in eight years amid political infighting in Canberra.
Credit Bank of Moscow's net income boosted by increased customer deposits
The Credit Bank of Moscow, one of the largest privately-owned banks in Russia, saw net income grow 10% in the first six months of its trading year, bolstered by an increase in customer deposits.
Goldman Sachs to open retail bank in UK
In a boost for London's financial services sector, Goldman Sachs has opened a UK retail bank on Thursday, marking its first expansion overseas as the firm pushes into consumer banking, reported The Financial Times.
Asia report: Markets mixed on China trade talks, Aussie political turmoil
Markets in Asia finished in a mixed state on Thursday, as officials from the US and China met in Washington in a bid to find a resolution to the ongoing tariff war between the two countries.
Companies face bureaucracy and delays under no-deal Brexit
UK companies trading with EU countries will face a thicket of additional red tape and potential delays if Britain leaves without a deal, government advice showed.
Australian Prime Minister could resign as soon as Friday
Australian Prime Minister Malcolm Turnbull could stand down by the end of the week.
Second round of US tariffs against China go into effect
America ramped-up its trade war with China overnight, with a second round of 25% tariffs, this time on $16bn-worth of Chinese products, having kicked into effect at the stroke of midnight.
South32 boosted by strong demand for manganese and alumina
Australian mining and metals company South32's underlying earnings rose 16% in its last trading year, as strong demand for manganese and alumina products offset lower output from its Illawarra coal project.
Solo Oil provides update on Tanzanian assets
Natural resources investor Solo Oil provided investors with an update on the operational progress seen at its Tanzanian assets on Thursday.