Market Pulse - Asia
Commodities: Energy and copper futures slide
Crude oil and copper futures slid sharply on the final day of the month, with concerns around the current state of US-China trade talks triggering a wave of selling, albeit amid holiday depleted tradung volumes.
Week ahead: Global manufacturing and US jobs market in focus
The market spotlight over the coming week will shift to global manufacturing and the US jobs market.
Daimler to cut 10,000 jobs by 2022
Mercedes Benz owner Daimler will cut at least 10,000 jobs worldwide by 2022 as it looks to fund a drive towards further electric vehicle production.
UK should invest £20bn into UN climate fund by 2030 to pay its 'fair share'
The latest report from the Institution for Public Policy Research (IPPR) says the UK should put £20. 0bn into the UN climate fund by 2030 to pay its “fair share”.
Asia report: Most markets fall as trade tensions tighten
Most markets in Asia finished lower on the last trading day of the month, as investors were still holding their breath for developments on the US-China trade front, ahead of a looming tariff deadline.
Commodities: Oil and copper futures dip as US signs HK bill into law
Commodity prices weakened on Thursday after the US President signed into law a new bill that some observers worried might trip up trade negotiations with Beijing.
Friday preview: UK data and US-China trade in focus
The focus at the end of the week will shift towards the UK consumer, with readings on consumer confidence and lending for November both due for release.
China accuses US of 'sinister intentions' after Trump signs Hong Kong pro-rights bill
China’s Ministry of Foreign Affairs said Thursday it was opposed to the US government's signing of a bill supporting Hong Kong protesters' rights into law and accused the Trump administration of having "sinister intentions".
Panasonic to sell chip unit to Nuvoton for $250m
Panasonic said it would sell its semiconductor unit to Taiwan’s Nuvoton Technology for $250. 0m as it struggles to boost its profitability amid a lack of fresh growth drivers.
Asia report: Markets finish lower as Trump signs HK bills
Most markets in Asia finished in the red on Thursday, as sentiment on the US-China trade front wavered after Donald Trump signed two bills into law in the US overnight, which backed protestors in the ongoing political violence in Hong Kong.
Asia report: Markets mixed amid some new trade deal optimism
Markets in Asia finished in a mixed state on Wednesday, as investors continued to hold their breath for some form of clarity on the state of trade negotiations between the United States and China.
Chinese industrial profits slump as trade war hits home
China’s industrial profits fell at the steepest rate in eight months in October, data released overnight showed, undermined by Beijing’s increasingly bitter trade war with Washington.
Alibaba jumps after HK trading debut
Shares of Alibaba jumped on the day of their trading debut on the Hong Kong Stock Exchange, amid heightened demand from retail investors.
Asia report: Markets mostly higher as Alibaba makes Hong Kong debut
Markets in Asia finished mostly higher on Tuesday, taking their lead from a bumper session on Wall Street overnight, with Alibaba surging on its debut in Hong Kong.
US and China reach 'consensus' over trade deal - report
Washington and Beijing have reportedly reached a ‘consensus’ on trade talks, spurring hopes that a deal could be imminent.
Asia report: Markets higher amid trade hopes, Hong Kong election surprise
Markets in Asia finished broadly higher on Monday, led by gains on the Hong Kong benchmark, after a record voter turnout in the special administrative region led to a landslide victory for pro-democracy candidates on the city’s councils.
Hong Kong pro-democracy candidates celebrate outstanding election victory
Pro-democracy candidates won a landslide victory in Hong Kong after citizens voted in local elections on Sunday.
Asia report: Markets mixed as investors pine for optimism on trade
Markets in Asia finished mixed on the last trading day of the week, as investors struggled for clarity on the state of trade negotiations between the United States and China.
Global economic growth weakest since financial crisis, says OECD
Global economic growth has fallen to its slowest rate since the global financial crisis, according to the Organisation for Economic Co-operation and Development (OECD).
Asia report: Markets fall as trade deal pessimism takes over
Markets in Asia finished in the red on Thursday, as hopes for some sort of first phase trade deal between the US and China sometime in 2019 faded further.