Market Pulse - Asia
Trade talks between China and US ongoing, Beijing says
Trade talks between Washington and Beijing are ongoing at the highest level, despite the recent detention of a top Chinese business executive.
Former Nissan chair Carlos Ghosn charged with financial misconduct
Tokyo prosecutors charged former Nissan chair Carlos Ghosn with financial misconduct on Monday after it was found that he had understated his income for over five years and re-arrested him on new charges which could keep him detained until December 30.
Chinese court bars Apple from selling multiple iPhone models on mainland
A Chinese court has barred Apple from selling several of its top-selling handsets in the Asian giant.
Asia report: Markets take a dip after disappointing China data
Markets in Asia were in the red on Monday, after fresh trade data out of China left many participants disappointed.
Investors warn governments to cut coal use or face financial disaster
Over 450 asset managers present at the UN's climate change summit in Poland called on governments to cut coal use and place certain taxes on carbon emissions in order to tackle climate change.
China November CPI undershoots forecasts
Inflation pressures in China continued to recede last month, hinting at softer economic growth head, according to economists.
Chinese export and import growth slows sharply in November
Both Chinese exports and imports slowed last month with the former buoyed by firms' attempts to front-run the new US tariffs that had been expected to kick-in at the start of 2019.
Asia report: Markets end disappointing week on a high
Markets in Asia broke several days of disappointment on Friday, as sentiment was boosted by reports that the US Federal Reserve was considering a more gradual incline when it comes to raising interest rates.
ANZ sale in jeopardy as Aussie regulator comes down on buyer
Australia and New Zealand Banking Group updated the markets down under on the sale of its Wealth businesses overnight, following regulatory action against IOOF Holdings as announced on Friday by the Australian Prudential Regulation Authority (APRA).
Brent oil futures drop after OPEC summit ends without decision on output cut
In a surprise development, Thursday's meeting of energy ministers from the Organisation of Petroleum Exporting Countries and its allies adjourned without a final decision on by how much to cut the group's combined crude oil output.
Strategic Minerals boosted by Australian copper mineralisation
Strategic Minerals’ shares surged on Thursday after intersecting “significant” copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.
Russian CPI inflation picks-up as expected in November
The cost of living in Russia accelerated to its quickest pace in over a year last month on the back of dearer food.
US foreign trade deficit hits 10-year high as soybean exports decline
America's trade shortfall with the rest of the world widened a tad in October on the back of stronger import demand.
Asia report: Huawei CFO arrest sends shockwaves through tech stocks
The arrest of Huawei’s chief financial officer in Canada sent shockwaves through Asian markets on Thursday, with Meng Wanzhou’s likely extradition to the United States fanning the flames of ongoing trade tension between Washington and Beijing.
Huawei arrests prompts global sell off
The FTSE 100 tumbled to a two-year low on Thursday after the arrest of Huawei’s chief financial officer rattled investors worldwide.
BT reportedly removing Huawei gear from mobile networks
BT is stripping Huawei equipment from its existing 3G and 4G mobile network, according to reports on Wednesday, with the company saying it was not going to use equipment from the Chinese manufacturer in its next-generation 5G network.
Asia report: Markets follow Wall Street onto downward slope
Markets in Asia were in negative territory at their respective closes on Wednesday, after rising concerns about a possible global slowdown and ever-present trade tensions fuelled a red Tuesday on Wall Street overnight.
Eco Atlantic Oil & Gas to commence drilling offshore Guyana in 2019
Eco Atlantic Oil & Gas confirmed on Wednesday that it will drill its first Guyanese exploration well at the Jethro-Lobe offshore prospect as part of its 2019 programme.
Markets gear up for Opec cut ahead of 'make-or-break' meeting with Russia
Opec is expected to cut production by more than 1m barrels per day when it meets in Vienna on Thursday, providing some respite for under-pressure oil prices.
Trump warns he is 'tariff man' if China trade deal falls through
China expressed confidence of agreeing a trade deal with the US within 90 days of negotiations after President Donald Trump took to Twitter warn that he was “Tariff Man” at heart.