Market Pulse - Asia
US-China trade talks to resume this week
Talks aimed at ending the trade war between China and the US are set to resume as early as this week.
Asia report: Most markets decline as Fed rate cut hopes diminish
Markets in Asia were mostly in the red on Tuesday, as investors closed their wallets while expectations for a rate cut from the US Federal Reserve continued to slide.
Nintendo confirms partial switch of production out of China
Nintendo is to move part of the production of its bestselling Switch gaming console away from China, it emerged on Tuesday.
Trump warns Iran to 'be careful' as it prepares to ramp-up uranium enrichment
Donald Trump has warned Iran to “be careful” after the Islamic Republic threatened to enrich uranium to 20% purity after it breached the limits established by the 2015 nuclear deal during the previous week.
China's Wang argues for country to stay course on global integration
A top Chinese official called on Monday for greater global economic integration, arguing that the best path forward for his country was to seek to develop through reform and innovation and that it was "determined to open up to learn the advantages of other nations".
Tesco to open 750 new stores in Thailand
Tesco is to dramatically ramp up its presence in Thailand, one of its most successful overseas markets, by opening 750 new stores.
Asia report: Markets finish lower on regional tensions, US jobs data
Markets in Asia finished red across the board on Monday, as investors digested stronger-than-expected employment data from the US on Friday, putting a dampener on hopes that the Fed could move to lower interest rates in the near term.
Army brought in to tackle illegal copper miners in DRC
The Democratic Republic of Congo has brought in the army after the death last month of more than 40 illegal miners at the Glencore-owned Kamoto copper and cobalt mine.
Week ahead: US-China trade talks, Fed's Powell in focus
US and China trade talks will be in the spotlight over the coming week, following reports of already ongoing talks by phone and that face-to-face conversations are to be scheduled.
Chinese steel mills band together against rising iron ore prices
Leading Chinese steel firms have banded together to investigate whether or not "non-market factors" were driving recent record iron ore prices as they called on the government to maintain stability across the market.
Jaguar Land Rover to build electrified car range in UK
Jaguar Land Rover will build range of new electrified cars at its Castle Bromwich plant in Birmingham, starting with the next-generation all-electric Jaguar XJ, the company confirmed on Friday.
Asia report: Markets mostly higher as investors look for Fed clues
Most markets in Asia were in the green on Friday, as investors continued to look across the Pacific for clues on the prospect of Federal Reserve interest rate cuts, which were due to come in the form on nonfarm payrolls later in the global day.
Commodities: Brent and copper dip amid thin trading volumes, growth concerns
The commodities space saw lacklustre trading on Thursday despite optimism around the US-China trade talks, what with many traders in the City opting to mimic their counterparts in the States, who were away from their desks on account of the 4 July holiday.
FX round-up: Some analysts eye pound strength ahead, anticipate second Brexit delay
It was a quiet day of trading in foreign exchange markets on Thursday, with many traders in the City mimicking their counterparts in the US, who were for the most part absent from their desks on account of the 4 July holiday.
Bank of Russia flags possible interest rate cut in July
Bank of Russia may cut its official interest rates again at the end of the month, perhaps even by as much as 50 basis points.
Asia report: Markets finish mixed as US data disappoints
Markets in Asia finished in a mixed state on Thursday, as investors digested some disappointing data from the US, raising the prospect that the Federal Reserve could cut interest rates at its July policy meeting.
US must remove tariffs for trade deal to happen, Chinese official says
Washington will have to remove its existing tariffs if it wants to close a trade deal with Beijing, a top Chinese official said.
Asia report: Most markets fall as trade concerns weigh
Most markets in Asia finished in the red on Wednesday, as investors continued to weigh the ongoing concerns about global trade and Washington’s approach to its trading partners.
Opec and allies agree to extend production curbs
The Organization of the Petroleum Exporting Countries and its allies are to extend their production curbs, as they look to shore up the price of oil.
Asia report: Markets finish mixed as RBA slashes rates to record low
Markets in Asia finished in a mixed state on Tuesday, after Australia’s central bank cut interest rates to a fresh all-time low for the country.