Market Pulse - Asia
Asia report: Markets mixed as China PMI meets expectations
Markets in Asia finished mixed on Friday, as fresh data out of China arrived in line with expectations and the World Health Organisation declared the Wuhan coronavirus outbreak a global health emergency.
Russia closes border with China to prevent coronavirus contagion
The Russian government has ordered the closure of its land border with China in an attempt to avoid contagion from the outbreak of a new coronavirus in the Asian giant.
Carnival shares fall as ship investigated for coronavirus
Carnival shares fell after one of the cruise operator's ships was put in lockdown while being investigated for potential cases of coronavirus.
Asia report: Markets sink further as coronavirus cases rise
Markets in Asia finished negative on Thursday, with the Hong Kong bourse leading the losses as the number of infections from the outbreak of Wuhan coronavirus continued to rise.
Commdoities: Industrial metal and energy futures slip on coronavirus concerns
Commodity prices followed government bond yields lower on Wednesday as investors waited on the US central bank's policy decision.
US trade deficit ywans wider in December as imports jump
America's shortfall in trade on goods with the rest of the world widened again at the tail-end of 2019, as import growth snapped back.
EU designs plan to scrutinise risks of Huawei involvement in 5G
The European Union is designing a plan to judge telecoms equipment suppliers that could pose a security threat and exclude them from the critical parts of the bloc's 5G network.
Asia report: Hong Kong stocks sink on return from holiday
Markets in Asia finished in a mixed state on Wednesday, with stocks in Hong Kong plunging on the back of the Wuhan coronavirus outbreak, as the city returned from the Lunar New Year holiday.
Iran MPs urge debate on motion to quit nuclear treaty
A group of Iranian lawmakers on Tuesday asked parliament to debate a motion for Iran to quit a nuclear treaty governing global nuclear arms control aimed at putting pressure on European powers to salvage the 2015 nuclear deal.
Xi Jinping pledges to beat 'devil' coronavirus
China's president Xi Jinping has pledged to beat the "devil" coronavirus as Hong Kong restricted rail and transport travel to and from the mainland and fears intensified over the disease's economic impact.
US open: Stocks record early gains but investors remain cautious
US stocks recorded some modest gains at the bell on Tuesday, as stocks attempted to undo some of the damage done during the previous session.
Berenberg adjusts target for Petra despite Williamson failure
Analysts at Berenberg revised their target price for miner Petra Diamonds slightly higher on Tuesday following a first half of trading which they described as a "mixed bag".
Government approves 'limited' role for Huawei in 5G rollout
The government has approved a limited role for Huawei in the rollout of the UK’s 5G network, overruling opposition from Washington and a number of senior Conservative MPs.
Trump could extend travel ban to certain African countries
The Trump administration is considering adding several African countries to a US travel ban list, including Africa’s top tech hub, Nigeria.
Asia report: Coronavirus spread sees markets sink firther
Markets in Asia sank further on Tuesday, as investors continued to keep their wallets closed as the Wuhan coronavirus outbreak spread further.
Tuesday preview: nCoV Coronavirus, Crest Nicholson in focus
The focus of trading on Tuesday will in all likelihood continue to be on the news-flow around the new nCoV coronavirus in China, as investors try and spy any slowdown in the momentum of new cases, which could be rapidly reflected in share prices.
UK set to approve Huawei involvement in 5G network development
The UK government is set to approve a minimal role for Huawei in the country’s 5G network on Tuesday which could lead to tensions with the US.
Lagarde and Mnuchin clash on energy transition strategies
ECB President Christine Lagarde and US Treasury Secretary Steve Mnuchin have clashed at the World Economic Forum in Davos over how the world should transition to cleaner energies.
Europe open: Travel and leisure stocks drag amid coronavirus concerns
Stocks on the Continent started the morning lower amid continuing worries that a new coronavirus in China might spread further and weigh on the country's economy.
Morgan Stanley hikes target for Renishaw ahead of turning point in Asian demand
Analysts at Morgan Stanley upgraded their recommendation on shares of British engineer Renishaw to 'overweight' on Thursday as it forecast a "strong inflection" in machine tool data by mid-year.