Market Pulse - Asia
Netanyahu and election rival in deadlock as race is too close to call
Israel’s Benjamin Netanyahu and his rightwing coalition failed to secure the 61-seat majority they needed in the elections, revealed the first round of exit polls.
Huawei to invest $1.5bn in developer program
Huawei announced on Wednesday plans to invest $1. 5bn on its developer program over the next five years and its intention to offer deeper access to its 5G secrets as part of its latest computing strategy.
Asia report: Markets finish mixed ahead of Fed rate decision
Markets finished in a mixed state in Asia on Wednesday, as investors turned their attention across the Pacific to the US Federal Reserve’s interest rate decision for the month, set to be released later in the global day.
Wednesday preview: US-China trade talks, Fed meeting in focus
Traders will have their plates full on Wednesday as the 13th round of US-China trade consultations get underway in Washington DC and rate-setters at the Federal Reserve announce their latest policy decision.
Commodities: Oil futures retreat on hopes for Saudi output resumption
Commodity prices retraced part of Monday's advance following reports that Saudi oil output might return to normal in two to three weeks' time and that Riyadh was already close to having recovered almost 70% of the output lost after the drone and cruise missile attacks against its two key installations at the weekend.
Thomas Cook files for chapter 15 protection in US, says Bloomberg
Thomas Cook Group has sought to ensure its bonds are protected from US creditors by filing for Chapter 15 court protection, according to a Bloomberg report on Tuesday.
Brent futures drop on report Saudi output may be fully restored in weeks
Saudi's lost crude oil production following the cruise missile attacks at the weekend may be fully restored over the next two to three weeks, Reuters reported citing two sources briefed on developments.
Israel's Netanyahu faces stern test in battle for fifth term
Israeli Prime Minister Benjamin Netanyahu faces a tough election battle on Tuesday as he fights to extend his ten-year stretch as leader of the Middle Eastern nation.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
Asia report: Markets mixed as oil prices remain high
Markets in Asia finished in a mixed state on Tuesday, as concerns around geopolitical tensions in the Middle East and the associated rise in oil prices continued to linger.
Saudi-led coalition says Iranian weapons used in attack against oil installations
The spokesman of the Saudi-led coalition in Yemen, Turki Al-Maliki, said Iranian weapons were used in the strikes against the Kingdom's oil infrastructure at the weekend.
Drone attacks more than halve Saudi crude oil output
Oil prices are expected to surge higher at the start of the week following an attack by armed drones against the largest crude oil crude-processing installation in the world, at Abqaiq, in Saudi Arabia, at the weekend.
Jefferies skeptical Yemen rebels responsible for attack on Saudi oil
Analysts at Jefferies sounded a skeptical note on Yemeni Houthi Rebels' claim of responsibility for the drone attack at the weekend against key Saudi oil installations.
Commodities: Lean hog futures snap higher as investors sift through trade news
Commodity prices were little changed going into the weekend as investors sifted carefully through the latest news around the US-China trade war, amid speculation that if the US administration was facing the next presidential elections, then Beijing was under pressure from higher food prices, especially for pork.
LSE rejects Hong Kong offer, reiterates commitment to Refinitiv deal
The London Stock Exchange has rejected a £29. 6bn takeover offer from Hong Kong Exchanges and Clearing (HKEX), saying it remains committed to its acquisition of financial data and trading platform provider Refinitiv.
Week ahead: US-China trade, UK Parliament in focus
Investors' attention over the coming week will be squarely on the mid-level contacts scheduled between US and Chinese trade officials.
US pork and soybeans to be exempted from additional China tariffs, says Xinhua
China will exempt some US agricultural imports, such as pork and soybeans, from additional tariffs, according to Chinese state news agency Xinhua.
Bonds: Yields move higher across the board on US-China trade headlines
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Chinese buyers purchase US soybeans and pork - Reuters
Private Chinese firms purchased the most soybeans in over a year on Thursday, ahead of mid-level talks between US and Chinese trade officials scheduled for the following week.
Brent futures dip as OPEC+ fails to agree to deeper or more prolonged output curbs
Oil prices were under pressure late on Thursday after the Organisation of Petroleum Exporting Countries and its allies failed to commit to deeper or more prolonged production curbs by its members.