Market Pulse - Asia
Huawei attempts to sell its 5G patents to a Western company
Huawei is offering to sell its 5G technology patents, licenses, code, and technical blueprints to a Western company in a one-time-only offer.
France to block Facebook's Libra on European soil
French Finance Minister Bruno Le Maire said Thursday that he would block the development of Facebook’s proposed cryptocurrency libra in Europe, saying that it would put the sovereignty of governments at risk.
Europe close: Stocks gain as trade tensions ebb a bit further
European stocks added to their recent gains as China confirmed tariff exemptions on some US goods and investors eyed Thursday's meeting of the European Central Bank where rate-setters were expected to unveil further stimulus measures.
BofA stays at 'buy' on Apple, says company playing 'long game' on Apple TV
Analysts at Bank of America-Merrill Lynch bumped up their target price for shares of Apple, following the launch of the technology giant's new iPhones the night before.
Trade deal 'possible' if Washington also makes concessions, SCMP says
One well-placed local observer in Beijing put the odds of the US and China agreeing a trade deal in November at roughly two thirds, but said that Washington needed to lower its demands a bit as some of them were seen as the Communist party would see them as forfeiting sovereignty and humiliating the nation.
Alibaba founder steps down as chairman
Alibaba founder Jack Ma is set to step down as the Chinese e-commerce giant's chairman on Tuesday.
Cannaccord Genuity stays at 'speculative buy' on Petropavlovsk
Cannacord Genuity reiterated its 'speculative buy' recommendation for shares of Petropavlovsk ahead of the miner's Capital Markets Day, telling clients that the company's latest interims showed that its operational and financial recovery was continuing.
Deutsche Bank reiterates 'sell' for Antofagasta on outlook for soft copper prices
Analysts at Deutsche Bank reiterated their 'sell' stance and 820. 0p target price on shares of Antofagasta after attending a roundtable with its chief executive officer.
Nissan CEO resigns after admitting he was overpayed
Nissan CEO Hiroto Saikawa has resigned on Monday after months of trying to pull the company out of the chaos unleashed by the ousting of Carlos Ghosn in November.
Week ahead: Parliament and US-China trade in focus
Brexit will be front and centre on investors' minds over the coming week, with Parliament set to vote on the Prime Minister's expected proposal to call snap elections on Monday, although MPs are expected to cast their ballots against him.
White House's Kudlow sees scope for 'something positive' coming out of US-China talks
National economic council director, Larry Kudlow, confirmed that top US and Chinese trade officials would meet in early October and said he saw the potential for "something positive" to come out of thirteenth round of negotiations.
Deutsche Bank cutting jobs in fixed-income unit
Deutsche Bank AG is cutting dozens of traders and salespeople in its global fixed-income ranks as part of the firm’s overhaul.
China's central bank cuts lenders' reserve ratios again
China's central bank on Friday announced a reduction in the reserves that banks are required to keep on deposit in a fresh move to stimulate the nation's economy.
US-China trade contacts set to resume amid global growth concerns
Top trade officials from the US and China will hold face-to-face talks in coming weeks despite skepticism that any substantial progress will be made, although there appeared to be increased attention around the side-effects of the trade war on third nations.
Iran to ramp up nuclear development in defiance of US
Iranian President Hassan Rouhani has ordered the removal of limits on nuclear research and development in the country just hours after US President Donald Trump said that he would be open to meeting the Iranian leader.
Asia report: Markets rise as China confirms fresh trade talks
Asian markets were boosted on Thursday after Beijing said negotiators from China and the US will meet in October for further trade negotiations.
China planning to cut lenders' reserve requirements again
Chinese authorities were preparing to boost their monetary policy stimulus by easing lenders' reserve requirement ratios.
Hong Kong leader set to withdraw China extradition bill
Hong Kong Leader Carrie Lam announced on Wednesday that she was withdrawing an extradition bill granting Beijing the power take people away into what some critics said was China's opaque legal system.
Huawei scores 50 5G contracts despite US pressure
Huawei has closed over 50 contracts with mobile carriers all over the world for 5G network.
Trump says US doing well in trade negotiations, BofA-ML sees 'more pain'
America is doing well in its negotiations with the People's Republic of China and has nothing to gain by waiting until the next elections, the US President said on Tuesday.