Market Pulse - Asia
UK car production plunges 20% in first half of 2019 due to Brexit uncertainty
UK car production fell for a 13th consecutive month in June new data showed, with companies left holding a £330m 'no deal' mitigation bill.
Jefferies upgrades BP to 'buy', spies possible dividend increase
Analysts at Jefferies upgraded their recommendation for shares of BP from 'hold' to buy', telling clients that the firm's gearing had likely already peaked "in the near term" and that a dividend hike was possible in the third or fourth quarter of 2019.
Asia report: Markets finish lower ahead of Fed rate decision
Markets in Asia finished in the red on Wednesday, with investors closing their wallets ahead of the US Federal Reserve’s July decision on interest rates later in the global day.
Canaccord lowers target price on 'speculative buy' Tullow Oil
Analysts at Canaccord Genuity lowered their target price on exploration and production firm Tullow Oil from 275p to 260p on Wednesday, stating the group's first-half results highlighted the company's need to "unstick" its East African projects and find a new area of growth.
Samsung's profits dive amid memory chip market weakness
Samsung on Wednesday reported that its second quarter profits plunged on the back of lower memory chip prices, though overall figures were better than the guidance provided by the company earlier this month.
Asia report: Markets finish higher as BoJ stands pat on policy
Markets in Asia finished mostly higher on Tuesday, as investors held their breath ahead of further trade talks between the US and China taking place in Shanghai this week.
Jupiter Fund Management beats on first half revenues and profits
Jupiter Fund Management saw its assets under management grow over the first half of the year, despite bigger than expected outflows, which helped the firm to deliver higher than expected earnings, its dividend payout underwhelmed.
China claims it has increased US soy imports
Chinese state media said on Sunday that the Asian country had purchased several million tonnes of US soybeans since 28 June, when Donald Trump and Xi Jinping met in Osaka, although those volumes had yet to show up in US government data.
Boeing engineer claims production for 737 Max model 'not adequately funded'
A former Boeing engineer claimed that the production of the controversial model 737 Max was not adequately funded.
Alibaba reportedly considering second listing in Hong Kong exchange
E-commerce giant Alibaba is reportedly considering a secondary listing in Hong Kong in response to the growing trade war between the US and China.
Asia report: Markets mostly higher as semiconductor stocks surge
Markets in Asia were mostly higher on Thursday, with technology - in particular, semiconductor - stocks in South Korea and Japan well into the green.
Nissan plans to cut 10,000 jobs worldwide
Carmaker Nissan announced plans to cut more than 10,000 jobs globally on Wednesday, doubling the layoffs it previously announced in May.
Asia report: Markets finish higher on renewed US-China trade hopes
Markets in Asia finished mostly higher on Wednesday, on renewed hopes that the ongoing trade war between the United States and China could be inching closer to a resolution.
Asia report: Markets finish higher as investors look to central bank meetings
Most markets in Asia were in the green on Tuesday, as investors held their breath ahead of a number of key central bank meetings in the coming days and weeks.
Asia report: Most markets lower amid ongoing Middle East tensions
Most markets in Asia finished lower on Monday, as investors watched the launch of a new Nasdaq-style technology bourse in Shanghai.
Asia report: Markets rise on renewed Fed rate cut hopes
Markets in Asia advanced on the last trading day of the week, as expectations for some easing from the US Federal Reserve began to ripple across the Pacific.
Huawei not a sticking point in US-China trade talks, Mnuchin says
US and Chinese trade negotiators were set to hold telephone talks on Thursday night, US Treasury Secretary, Steve Mnuchin told broadcaster CNBC.
US-China tarde talks hit a snag over Huawei, WSJ says
Trade talks between Washington and Beijing have reportedly hit a snag amid Chinese demands for the US administration to ease its restrictions on Huawei, the country's largest telecommunications equipment maker.
Asia report: Most markets fall amid renewed trade concerns
Most markets in Asia were in the red on Thursday, led lower by Japanese bourses, as investors digested fresh concerns around the ongoing trade war between the United States and China.
Jefferies cuts recommendation on Burberry despite bumper first quarter
Jefferies has downgraded Burberry, despite the luxury fashion brand reporting a bumper start to the year.