Market Pulse - Asia
Signing of Hong Kong bill could sour US-China trade relations
US-China relations will sour if President Donald Trump signs a pro-Hong Kong rights bill into law and could possibly negatively impact the ongoing bilateral trade talks aimed to reaching a so-called “phase one” deal.
Energean signs $1.0bn gas sales and purchase agreement
Offshore exploration firm Energean Oil & Gas has inked a gas sales and purchase agreement for the sale of approximately 0. 5bn cubic metres of natural gas per year.
US-China trade deal may not be completed in 2019
The US and China may not ink a preliminary trade deal before year-end as Beijing holds out for an agreement on rolling back some of the levies which have been imposed on its exports and Washington ups its own demands in response.
Asia report: Markets mostly lower as trade pessimism returns
Most markets in Asia finished in the red on Wednesday, as developments on the US-China trade front took a negative turn after fresh tariff threats emerged from the White House.
Rio Tinto defends Mongolian expansion amid legal spat
Rio Tinto strongly refuted claims that any agreements relating to its $5. 3bn Oyu Tolgoi underground copper mine in Mongolia are illegal.
Alibaba set to push ahead with Hong Kong listing despite unrest
Alibaba is set to push ahead with the Hong Kong stock market listing despite the unrest in the region and will stop taking orders from investors earlier than expected after attracting strong demand from them.
Asia report: Markets mixed as trade optimism turns back to concern
Markets in Asia finished mixed on Tuesday, as the constant concern-optimism cycle on the US-China trade front began to swing back to concern once more.
Saudi Aramco cancels plans for marketing shares in Europe
Saudi Arabia called off plans to formally market shares of its state oil company outside the kingdom and other Gulf countries in its initial public offering, reported The Financial Times.
Asia report: Most markets rise on weekend trade optimism
Most markets in Asia finished higher on Monday, as investors reacted to further developments on the US-China trade front over the weekend.
Huawei claims US blacklist has 'limited' impact on tech company
Huawei chairman Liang Hua said on Monday that Washington's decision to blacklist the telecommunications equipment maker had had little impact on the firm overall.
Fifteen countries outside the EU ask for Brexit trade compensation
Fifteen countries including Australia, the US, India and New Zealand have asked for trade compensation from the UK and the EU over the economic hit caused by Brexit.
Asia report: Most markets rise on fresh trade optimism
Most markets in Asia finished the last trading session of the week on a positive note on Friday, as investors did their best to digest the latest development in the never-ending saga that is the US-China trade war.
US-China trade talks near successful conclusion, White House's Kudlow says
Trade talks between Washington and Beijing are nearing a successful conclusion and are now ongoing on a daily basis, the White House's top economic official said.
Saudi Arabia is 'running out of money' and needs funding from IPO
Saudi Arabia is slowly running out of money and needs the funds from the upcoming stock market listing of a small portion of state oil giant Saudi Aramco in December to finance its reform push, a former head of America's Central Intelligence Agency said.
US pre-open: Stocks set to dip with trade talks still in focus
US futures had stocks opening lower on Thursday as market participants continued to be mainly focussed on trade developments between the world's two largest economies.
Asia report: Markets finish mixed as trade negativity takes hold
Markets in Asia finished mixed on Thursday, as investors digested disappointing industrial output data from China, as well as fresh reports that Beijing and Washington had reached yet another bump in the road of trade negotiations.
Chinese economy continued to lose momentum in October
Economic activity in the People's Republic of China continued to slow down in October, pointing to at least further mild policy easing from the country's central bank before the end of the year and an economy that was heading into 2020 with scant momentum.
Asia report: Stocks fall on trade confusion, RBNZ stands pat
Markets in Asia finished lower across the board on Wednesday, led into the red by Hong Kong as protests their continued to drag on sentiment, while central bank officials in New Zealand kept interest rates on hold.
Nissan shrinks forecasts after Q2 profit plunges by 70%
Nissan slashed its interim dividend and full-year forecasts on Tuesday, after reporting that falling sales had dealt a heavy blow to its second quarter profits.
Asia report: Most markets higher as investors hold breath on trade
Most markets in Asia finished higher on Tuesday, after a muted session in which many investors kept their wallets closed and waited for clarification as to the state of affairs on the US-China trade front.