Market Pulse - Asia
Asia report: Markets mixed as RBA keeps rates at record low
Markets in Asia finished in a mixed state on Tuesday, with stocks in China in the green once more, as Australia’s central bank stood pat on its monetary policy.
Boris Johnson set to keep Huawei out of UK 5G
Boris Johnson said late on Sunday he now has “sound technical reasons” to keep Chinese firm Huawei out of the development of the UK’s 5G infrastructure.
Asia report: Markets mostly higher despite surge in global infections
Markets in Asia finished mostly higher on Monday, with those in China skyrocketing, even after the World Health Organization reported a record 24-hour period of more than 200,000 new Covid-19 infections globally over the weekend.
Intel to be latest investor in India's Jio Platforms
Chipmaker Intel will be the latest large US firm to invest in Indian telco Jio Platforms with a sum of $253. 5m close on the heels of Facebook’s $5. 7bn investment.
Asia report: Markets finish higher as China services sector rebounds
Markets in Asia closed in the green on Friday, as investors digested some positive services data out of China, as well as a better-than-expected jobs report out of the US overnight.
Asia report: Markets finish higher on fresh vaccine hopes
Markets in Asia closed green across the board on Thursday, as investors reacted to positive reports from Covid-19 vaccine trials being conducted by Pfizer and BioNTech.
US House moves to sanction Chinese banks over new HK security law
Lawmakers in the US moved a step closer to retaliating against Beijing's decision to change Hong Kong's security laws to clamp down on dissent.
Hong Kong authorities make first arrests under new law
Hong Kong police detained a man on Wednesday holding a flag urging independence, marking the first arrest under the new national security law introduced on Tuesday night.
Asia report: Markets finish mixed as Tankan survey disappoints
Markets in Asia finished in a mixed state on Wednesday, as fresh economic data out of China beat expectations, but a survey in Japan showed sentiment among businesses there turning more sour.