Market Pulse - Asia
Asia report: Markets mixed as investors take a breather
Markets in Asia finished in a mixed state on Friday, as investors climbed down from the vaccine-fuelled enthusiasm that underpinned trading earlier in the week.
Asia report: Markets finish mixed, tech stocks soar
Markets finished in a mixed state in Asia on Thursday, although technology stocks soared across the region, after their Wall Street counterparts put in a stellar performance overnight.
Honda claims to be the first to mass produce level 3 self-driving vehicles
Japanese carmaker Honda said on Wednesday it will be the world’s first automaker to mass produce level 3 autonomous cars.
Government seeks legislation to prevent foreign takeovers of UK assets
The UK government is considering new legislation that would halt ‘back door’ acquisitions of UK firms by overseas buyers even years after the deal was concluded.
ByteDance to generate $27bn in ad revenue by start of 2021
TikTok-owner ByteDance is on track to generate at least 180bn yuan ($27. 2bn) in advertising revenue in China this year.
Asia report: Markets mixed, China tech plays plunge on new guidelines
Markets in Asia closed in a mixed state on Wednesday, with Chinese technology plays among the leading losers after the announcement of new regulations on the industry.
Asia report: Markets mostly higher, airlines soar on vaccine news
Markets were mostly higher in Asia on Tuesday, as investors in the region got their first chance to cheer Monday’s positive vaccine news from Pfizer and BioNTech.
Sector movers: Aerospace, Big Oil spike as short-sellers caught out by vaccine news
Aerospace and Defence, and Big Oil were wanted at the start of the week following news that one of the front-runners in the fight to find a vaccine against Covid-19 had proven far more effective than even company insiders had hoped for.
Asia report: Markets rise as investors react to Biden win
Markets in Asia were green across the board on Monday, as investors had their first chance to react to Joe Biden’s weekend victory in the United States presidential election.
Asia report: Stocks mostly higher, US elections and jobs data in focus
Asia Pacific stocks were mostly higher at the end of the week on the back of reports indicating that US presidential candidate Joe Biden was consolidating his lead, which could lead to a quicker than expected resolution of the contest for the White House.
Asia close: Stocks higher across the region, flat in China and Australia
Stockmarkets across the Asia Pacific region finished higher on Wednesday as investors brushed off the uncertainty around the US presidential elections which at the time of writing were still too close to call.
Doctors in England on alert for possible Covid-19 vaccine before Christmas
Doctors in England have been placed on alert for the potential roll-out of a Covid-19 vaccine this side of Christmas.
Beijing forces Ant Group to shelve Shanghai IPO
Chinese financial technology outfit Ant Group was forced to shelve what had been expected to be the world's largest initial public offering ever.
Asia report: Markets rise, RBA snips interest rates further
Markets in Asia put in a decent performance on Tuesday, ahead of the US presidential election, as the Reserve Bank of Australia took the secateurs to interest rates.
RBA cuts rates and launches QE, doesn't see hike for three years
Central bankers Down Under cut official interest rates further to see the economy through an expected soft patch over the next two years.
Russia to discuss three-month delay to tapering oil output curbs
Crude oil futures rallied from their intraday lows after reports that Russia was considering postponing plans to taper the oil output curbs now in place by three months.
Asia report: Markets rise as China manufacturing PMI beats forecasts
Most markets in Asia finished in positive territory on Monday, as investors digested the latest economic data from China, which showed further expansion for its industrial sector.