Market Pulse - Asia
China launches antitrust investigation into Alibaba
Chinese regulators have launched an anti-monopoly investigation into technology giant Alibaba and will also look into its online finance spinoff, Ant Group.
Asia report: Most markets higher, Alibaba slides on China probe
Most markets finished higher on Christmas Eve, as investors watched for developments on the Brexit front, while Alibaba shares slid amid reports that Chinese authorities were set to investigate the company.
Asia report: Markets finish higher even as Trump shoots down stimulus
Markets in Asia closed in positive territory on Wednesday, as investors continued to monitor the new strain of Covid-19 identified in the UK, and Donald Trump poured cold water on the coronavirus stimulus package passed by Congress earlier in the week.
Asia report: Markets mostly weaker amid fears of new Covid strain
Markets in Asia finished mostly lower on Tuesday, as investor sentiment sank on the emergence of a new, more contagious strain of Covid-19 in the UK.
Asia report: Markets finish mixed as Covid situation worsens
Markets in Asia finished in a mixed state on Monday, as a worsening Covid-19 situation in parts of the region dragged on investor sentiment.
Asia report: Most markets weaker amid rising Covid-19 infections
Most markets in Asia closed weaker on Friday, as rising Covid-19 cases in parts of the region weighed on sentiment.
Asia report: Most markets higher as investors cheer Fed
Most markets in Asia finished in positive territory on Thursday, as investors cheered the US Federal Reserve’s commitment to continue underpinning that country’s economy.
Asia report: Markets mostly higher as Japan exports disappoint
Markets in Asia finished mostly higher on Wednesday, as investors digested disappointing economic data out of Japan, and kept an eye on the Covid-19 situation.
Apple expected to up iPhone production by 30% in first half of 2021
Apple announced that it expects to manufacture 30% more iPhones in the first half of 2021 than during the same period of the year before.
Barclays says investors wrong to fret about shareholder returns at BP
Analysts at Barclays upped their target price for shares of oil major BP, telling clients that the capital outlays needed to transition towards renewable energies would not come at the cost of its near-term shareholder returns.
Asia report: Markets mostly weaker as Covid concerns weigh
Markets in Asia closed mostly weaker on Tuesday, as investors digested fresh economic data out of China, with concerns over Covid-19 outbreaks weighing on sentiment.
Asia report: Markets mixed as business sentiment improves in Japan
Markets in Asia closed in a mixed state on Monday, as investors in the region got their first chance to react to the US approval of the Pfizer-BioNTech vaccine for Covid-19.
Asia report: Markets mixed as investors weigh pandemic sentiment
Markets in Asia finished in a mixed state on Friday, as investors kept watch of the global Covid-19 situation.
Asia report: Most markets lower on Brexit stall, Covid relief talks
Most markets in Asia finished in negative territory on Thursday, once again with the exception of those in China, as investors watched for developments on both the Covid-19 front and in ongoing Brexit negotiations between the UK and the European Union.
Bitcoin may pose multi-year headwind for gold, JP Morgan says
Gold may be in for a bumpy ride over the medium to long-term if institutional investors continue to shift away from the yellow metal and towards Bitcoin, a JP Morgan strategist argued.
Asia report: Most markets rise as investors cheer vaccine roll-out
Markets in Asia finished higher on Wednesday, with the exception of bourses in China, as investors cheered the start of Covid-19 vaccinations as the first patient was dosed in the UK.
Asia report: Markets mixed as Covid cases, US stimulus talks weigh
Markets in Asia finished mostly weaker on Tuesday, as a worsening Covid-19 situation, Brexit negotiations between the UK and the EU, and ongoing talk of stimulus in the US weighed on sentiment.
US preparing fresh sanctions on Chinese officials - report
Washington is looking to impose further sanctions on a number of Chinese officials over the political crackdown in Hong Kong, it was reported on Monday.
Sberbank opens startup accelerator to foreign firms
Russian lender Sberbank has opened its startup accelerator to participation by foreign firms.
Asia report: Most markets rise, US adds firms to China blacklist
Most markets in Asia finished in the green on Friday, even as the Pentagon in the US added more Chinese companies to its blacklist of allegedly military-linked organisations.