Market Pulse - Asia
Boeing grounds 737 Max fleet after new evidence on Ethiopia crash
American regulators changed tack on Thursday, ordering that all Boeing 737 Max aircraft in the US be grounded after investigators uncovered new evidence at the scene of the fatal Ethiopian Airlines crash that took place on Sunday.
Asia report: Markets mixed as Chinese industrial output slows further
Markets in Asia finished mixed on Thursday, as investors reacted to fresh economic data out of China, and further developments in the ongoing Brexit saga in the UK House of Commons.
Huawei founder said Trump's investment tactics 'are all wrong'
Huawei's founder said on Wednesday that Trump's views on foreign investments in the US "were all wrong" and his administration should not single out the Chinese tech company or risk damaging America's international reputation.
Asia report: Most markets fall on Brexit uncertainties
Most markets in Asia ended lower on Wednesday, amid fresh uncertainties over just what kind of Brexit the UK would end up having to deal with.
Credit Bank of Moscow posts bumper 2018 profits
Credit Bank of Moscow posted a bumper profit for 2018, on the back of a sharp reduction in its non-performing loans.
Nissan to halt production of Infiniti cars at Sunderland factory
Japanese carmaker Nissan announced on Tuesday that it would be halting the production of its luxury Infiniti brand at its Sunderland plant by July, putting 200 jobs at risk.
Asia report: Markets move higher on slew of positive news
Markets in Asia were in the green at the end of Tuesday, as investors reacted to a slew of positive developments from the US and Europe.
US-China negotiators plan next steps for trade deal
Chinese Vice-Premier Liu He and his US counterparts continued negotiations for a US-China trade agreement by phone on Tuesday morning, according to Chinese state-run news agency Xinhua.
Asia report: Markets mixed as sentiment remains muted
Markets in Asia finished their respective sessions in a mixed state on Monday, as investors began another week exercising caution over the state of global markets and geopolitical tensions, after both the US and China released disappointing data last week.
Regency Mines warns of potential loan defaults
Exploration and development company Regency Mines has been in funding talks with major investors after shareholders gave the company the authority to issue news share at its annual general meeting in February.
Trade deal with China not imminent, US ambassador says
Hopes of an imminent US-China trade deal were quashed at the end of the week by America's ambassador to Beijing. In an interview with the Journal, US ambassador Terry Branstad said that no date had yet been set for a summit between the two country's leaders as neither side felt that an agreement was "imminent".
Asia report: Markets mostly lower as China trade data misses
China is proposing phasing in enhanced intellectual property protection and measures against forced technology transfer over six years in trade talks with the U. S. , but Beijing is holding out against meeting all of Washington's demands for structural reform to its economy, a source with knowledge of the issue told MNI.
Asia report: Markets mixed as Huawei sues the United States
Markets in Asia finished in a mixed state on Thursday, as investors reacted to a third straight day of losses on Wall Street overnight, and patiently awaited for some news - any news - on the state of trade negotiations between Beijing and Washington.
Trump 'disappointed' as further evidence of North Korean nuclear activity surfaces
US President Donald Trump has said he will be "disappointed" if it is confirmed that North Korea has begun rebuilding one of its missile launch sites.
Chinese FX reserves edge higher in February, pointing to scant pressure on yuan
China's foreign exchange reserves were little changed last month, pointing to scant downside pressure on the country's currency, but some analysts believed that state-of-affairs would soon be put to the test.
North Korea is rebuilding a rocket test site
New satellite images of North Korea from the Center for Strategic Studies’ Beyond Parallel project and 38 North suggest that the country's government is rebuilding a rocket launch site it had vowed to dismantle.
Asia report: Markets mixed as China announces stimulus measures
Markets were mixed in Asia on Wednesday, with Chinese bourses bouncing higher as investors reacted to a series of stimulus measures revealed by Beijing on Tuesday.
Italy to sign up to China's 'Belt and Road' initiative
Italy will announce its support for China's 'Belt and Road' initiative in what would be the policy's first endorsement from a G7 nation, according to a report on Wednesday from the Financial Times.
Forbes ranks Credit Bank of Moscow 1st among Russian lenders in World's Best Banks list
Forbes has included Credit Bank of Moscow as the top Russian lender in its first ever list of the World's Best banks.
BMW could halt Mini production at Cowley in case of 'no-deal' Brexit
BMW joined Toyota on Tuesday issuing a warning on the impact that a 'no-deal' Brexit might have on its UK operations, saying it might have to halt production of Minis at its plant in Cowley.