Market Pulse - Asia
Asia report: Markets finish higher on renewed hopes of US-China deal
Most markets in Asia finished in the green on Friday, as sentiment was given a boost on renewed hopes of a trade deal between the US and China.
China makes 'unprecedented' proposals, US may lift some tariffs
China has made "unprecedented" proposals to Washington on various issues, including the forced transfer of technology, Reuters reported, citing a US official, and Washington might be open to removing some of its tariffs on Chinese goods.
Asia report: Most markets fall as investors watch US Treasury yields
Most markets in Asia finished in the red on Thursday, following a disappointing session on Wall Street as investors there reacted to another fall in the 10-year US Treasury yield.
Asia report: Markets in a mixed state as RBNZ signals surprise rate cut
Markets in Asia finished Wednesday in a mixed state, as investors continued to anguish over the state of the global economy, and New Zealand’s central bank surprised markets by unexpectedly signalling an interest rate cut.
EU calls for fairer trade relationship with China
Europe’s top leaders told President Xi Jinping on Tuesday at talks held in Paris they wanted a fairer trading relationship with China.
Asia report: Most markets rise as investors shrug off economic concerns
Most markets in Asia bounced higher on Tuesday, following a session of heavy losses on Monday, as investors appeared to shrug off weakness on Wall Street overnight.
Asia report: Markets plunge as fears for global economy rise
Markets in Asia were in the red across the board on Monday, as fears for the global economy took hold after a slew of negative data from both the US and Europe last week.
Asia report: Markets eke out gains as Fed reaction continues
Markets in Asia posted underwhelming gains on Friday, after a choppy session in which investors were still trying to make sense of a more dovish Fed in the US, along with a fresh slew of data.
Asia report: Most markets advance as Fed holds rates steady
Most markets in Asia were in positive territory as they closed on Thursday, as investors digested news that the US Federal Reserve was standing pat on interest rates, and likely continuing to do so for the rest of the year.
Asia report: Markets mostly lower on fresh US-China concerns
Markets in Asia were mostly in negative territory as they closed on Wednesday, as investors struggled to make sense of the latest news from the ongoing trade tensions between the US and China.
Asia report: Markets mixed as investors look to Fed
Markets in Asia finished in a mixed state on Tuesday, as investors closed their wallets ahead of this month’s Federal Reserve meeting in the United States.
Asia report: Markets firmer as hopes for trade deal rise
Markets in Asia finished in positive territory on Monday, with investors keeping their ears up for any news on the ongoing trade war between China and the US.
EU trade surplus with US rises to more than €11bn
The European Union’s trade surplus with the United States continued to rise in January, further underlining tensions between Brussels and Washington.
RBC Capital downgrades Cairn Energy as the 'fast money' moves on
Analysts at RBC Capital Markets downgraded shares of oil and gas outfit Cairn Energy from 'outperform' to 'sector perform' on Friday, noting that the "chance of a quick, 160p, payout" had been deferred.
Credit Suisse upgrades European Cyclicals to 'overweight'
Credit Suisse raised its recommendation on shares of European cyclicals relative to defensives on Friday, from 'benchmark' to 'overweight', while lowering their view on defensives from 'benchmark' to 'underweight'.
Kim Jong Un may halt nuclear negotiations with 'gangster-like' US
North Korean leader Kim Jong Un is close to deciding whether to halt denuclearisation talks with the US after President Donald Trump walked away from negotiations in February, according to a North Korean diplomat.
Asia report: Most markets rise as Bank of Japan maintains monetary policy
Most markets in Asia finished higher on Friday, after the Bank of Japan sated the expectations of traders by standing pat on its monetary policy.
China loosens investment rules for foreign firms
Politicians in China have passed a new law loosening regulation on foreign investment, in what is being seen by market watchers as a move to appease Washington in the country’s ongoing trade war with the United States.
China activity data for February receives mixed response from economists
Chinese economic activity slowed down a tad more quickly than expected at the start of 2019, a batch of economic reports revealed, with economists emphasising the negatives in the latest figures.
Trump says 'no rush' to sign trade deal as China presses for state visit
US President Donald Trump said late on Wednesday that he is in “no rush” to sign a pact with China and that he would walk away from talks if any new trade deal is not to his liking.