Market Pulse - Asia
EE and Vodafone pull Huawei phones from 5G network launch
BT owned EE and Vodafone announced on Wednesday that they won’t offer phones from Huawei when they roll out Britain’s first 5G mobile network next week.
Trade war resolution looks distant as Xi calls for 'new Long March'
Chinese President Xi Jinping called on his nation's citizens to join him on a "new Long March" on Wednesday, a possible indication that Beijing could be preparing for its trade dispute with Washington to last for an extended period.
Asia report: Markets mixed as trade tensions between US and China continue
Markets in Asia finished in a mixed state on Wednesday, as trade tensions between the US and China remained taut, even after Washington granted Huawei a temporary reprieve from potentially crippling trade restrictions.
Asia report: Stocks rise as investors catch their breath from trade war
Most markets in Asia were in the green on Tuesday, as investors took the opportunity to catch their breath amid a recent torrent of developments on the US-China trade front.
Trump and Google grant Huawei small respite
Trump and Google granted Huawei some temporary relief after the former had threatened on Monday to ban US corporates from doing business with the company.
Jaguar Land Rover books record loss as Chinese market stalls
Jaguar Land Rover posted a record £3. 6bn annual loss on Monday as revenues dipped amid a drop in demand from China, though the business returned to profitability in the final quarter.
Asia report: Markets mixed as investors struggle for direction in trade war
Markets in Asia were mixed as investors sifted through a tsunami of geopolitical developments, amid concerns for Huawei’s consumer operations as its license for the official version of the Android operating system was revoked by Google.
Trump threatens to 'end Iran' as tensions escalate
Trump warned Iran to stop threatening the US and not to contemplate instigating a conflict or it would “end” the Islamic Republic.
Liberal-National coalition scores surprise Australia election win
Australian Prime Minister Scott Morrison's Liberal-National coalition defied expectations over the weekend, beating out Bill Shorten's Labor Party in a shock federal election victory.
Broker tips: Thomas Cook, Rio Tinto, Anglo American, BHP
Thomas Cook was under the cosh again on Friday a day after its shares tumbled on the back of a profit warning, as Citi downgraded it to 'sell' from 'neutral', arguing that the stock is basically worthless.
Liberum double-upgrades miners after 'stark change' in iron ore price forecasts
Analysts at Liberum took a fresh look at the mining sector on Friday, double-upgrading the likes of Rio Tinto, Anglo American and BHP to 'buy' as they outlined a "stark change" in their near-term forecasts for iron ore prices.
Asia report: China stocks fall amid ongoing trade concerns
Markets in Asia were mixed on Friday, with shares in China stumbling amid the ongoing trade war between the US and China.
Trump declares national emergency and bans Chinese telecoms
Donald Trump declared a national emergency on Wednesday, banning Chinese telecommunications companies such as Huawei and ZTE from selling their equipment in the US as he claims they pose “unacceptable risks”.
Weekly US jobless claims surprise to the downside
Perhaps the most closely-followed lead indicator of joblessness in the US surprised to the downside on Thursday.
Anglo Asian raises production target as profits surge
Anglo Asian Mining set a higher production target for 2018 after booming production drove profit sharply higher in 2018.
Genel chairman Whyte to stand down, says outfit poised for organic growth
Genel Energy chairman Stephen Whyte announced plans to step down as he reported a successful start to 2019 for the oil producer.
Asia report: Markets mixed as US puts screws on Huawei
Markets in Asia were mixed on Thursday, amid a further heating of the ongoing trade war between the US and China as Washington set contentious technology giant Huawei firmly within its sights.
Asia report: Markets rebound from trade war-fuelled losses
Markets in Asia finished in the green on Wednesday, rebounding from losses earlier in the week, after further escalations in the ongoing trade war between the US and China.
Investors braced for bumpy summer - Merrill survey
Investors are gearing up for a difficult run on global markets, according to a closely-watched fund manager survey published on Tuesday, with a record number taking out protection against potential losses.
JP Morgan reiterates 'underweight' for HSBC on trade war concerns
JP Morgan analyst Raul Sinha reiterated his 'underweight' stance on shares of HSBC, telling clients that the lender's valuation had yet to reflect the risk to revenues from trade concerns.