Market Pulse - Asia
JPM downgrades Glencore to 'underweight' on commodity price weakness
Analysts at JPMorgan Cazenove downgraded heir recommendation on shares of mining giant Glencore to 'underweight' on Thursday, citing deteriorating fundamentals.
Asia report: Markets mixed as investors watch US bond yield curves
Markets in Asia finished in a mixed state on Thursday, after an inversion of the primary yield curve in US Treasury bonds inverted overnight, leading to fears of a potential recession looming stateside.
Nanoco revenues more than double following 'strong operational performance'
Quantum dots manufacturer Nanoco Group saw revenues more than double in its last trading year thanks to the early delivery of some income under a major services contract.
China says it will retaliate against new US tariffs
Chinese officials labelled US plans to levy a 10. 0% tariff on approximately $300. 0bn-worth of the nation's exports a violation of the agreement reached between the two countries at the G20 leaders' summit in Osaka, Japan, and indicated that Beijing would retaliate in kind.
Asia report: Most markets higher as US delays China tariffs
Most markets in Asia finished in the green on Wednesday, after a surprise positive announcement from Washington overnight that it would delay the implementation of the latest round of punitive tariffs on some goods from China.
StanChart targets growing private banking assets to $100.0bn
Standard Chartered will ramp-up hiring at its private banking arm as part of a push to grow the unit by half over the next five years.
Commodities: Brent futures jump as trade tensions ease but corn keeps falling
Commodity prices were lifted off near their weakest level for a year by news of Washington's decision to dial back on its most recent round of trade tariff threats against Chinese exports.
FX round-up: Dollar snaps higher after Washington dials back on trade threats
The US dollar jumped back as risk aversion was reduced a notch by the US Trade Representative's announcement that Washington would dial back on its trade tariffs threats against Chinese exports.
EU imposes 18% duties on Indonesian biodiesel
The European Commission on Tuesday imposed countervailing duties of 8. 0% to 18. 0% on imports of subsidised biodiesel from Indonesia in order to ensure fair competition for European producers.
US to postpone some China tariffs, talks set to proceed over next two weeks
The US administration announced on Tuesday that it would delay the implementation of some of the additional tariffs that were set to go into effect at the start of September until mid-December.
Asia report: Markets finish weaker as Hong Kong tensions escalate
Markets in Asia were in the red on Tuesday, as investors kept a watchful eye on developments in Hong Kong, where tension continued to escalate between officials and police, and an ongoing anti-government protest movement.
FX round-up: Pound higher in risk-off session
Sterling traded on the front foot on Monday as traders booked profits on so-called short positions ahead of the release of readings for monthly employment and consumer prices due out later during the same week.
Huawei equips devices with HarmonyOS as trade deal with US unlikely
Huawei began equipping its devices with it's new operating system, instead of Google's Android operating system, as a trade deal between the US and China before 2020 was deemed increasingly unlikely.
Asia report: Most markets higher in breather from volatility
Most markets in Asia finished in the green on Monday, amid a rare display of positive movement after a turbulent week in global markets last week.
Bonds: Gilts near record highs, Fitch positive on Portugal and Russia
These were some of the biggest moves in the most closely-followed 10-year sovereign bond yields:.
Chinese schoolchildren work overnight to assemble Amazon Alexa devices
Hundreds of children have been working overnight at Amazon sites in China assembling Alexa devices in an attempt to hit production targets, the Guardian revealed on Friday.
White House holding off on decision to allow restart of sales to Huawei
The White House was holding off on a decision on whether or not to grant licenses to some US firms to restart sales of equipment to Chinese telecommunications equipment maker Huawei following Beijing's decision to halt purchases of American agricultural products.
Europe midday: Political uncertainty hits stocks
Stocks across the Continent are falling back following news that the Italian Senate might schedule a no-confidence vote against the current government for as soon as Monday, threatening to reignite tensions around the euro area's fourth largest economy.
Asia report: Markets mixed as Japan beats GDP growth forecasts
Markets in Asia finished mixed on Friday, as investors digested surprisingly good data from Japan and fresh inflation information from China, while keeping an eye on developments in the ongoing trade war between Washington and Beijing.
American farmers sitting on record soybean stockpiles after sales to China tank
America's soybean farmers were scrambling to find new export markets in response to the sharp drop in Chinese demand, including in Europe, emerging countries in Southeast Asia, Egypt, Bangladesh and Pakistan.