Market Pulse - Asia
Analysts somewhat divided on results of US-China trade talks
Last Saturday's meeting between the Presidents of China and the US played out roughly as expected, save for the positive suprise in the form of a partial reprieve for technology giant Huawei, but there was some division among analysts on either side of the Pond regarding what most likely lay ahead next.
Applied Materials to buy Japan's Kokusai Electric for $2.2bn
Chip-making equipment supplier Applied Materials has agreed to buy Japan's Kokusai Electric from investment firm KKR for $2. 2bn in cash.
Iran breaches enriched uranium limit, says report
Iran’s enriched uranium stockpile has exceeded the 300 kilogram limit permitted under its nuclear deal, according to a report from the nation's semi-official Fars news agency on Monday which cited an "informed source".
Asia report: Markets mostly higher as Trump and Xi agree ceasefire
Markets in Asia were mostly in the green on Monday, as investors digested the news that Donald Trump and Xi Jinping had agreed a fresh ceasefire in the ongoing trade war between the US and China.
Chinese manufacturing sector shrinks unexpectedly in June
Activity in China's manufacturing sector cooled further last month, prompting some analysts to anticipate slower economic growth overall and additional monetary easing from the People's Bank of China.