Market Pulse - Asia
Asia report: Markets mixed as China retail sales disappoint
Markets in Asia closed in a mixed state on Monday, as investors pored through a slew of economic data out of China.
Credit Suisse says markets 'consolidating' not 'correcting'
Stockmarkets are set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
UK prepares to 'flex' vaccination program to tackle Indian Covid-19 variant
UK vaccines minister Nadhim Zahawi said on Friday that the government was gearing up to "flex" its inoculation program in order to tackle the new coronavirus variant first detected in India.
Asia report: Most markets rise after week of losses
Markets in Asia were mostly higher on the last trading day of the week, as investors in the region jumped on the recovery bandwagon following a global sell-off earlier in the week.
Asia report: Markets fall further as inflation fears linger
Markets in Asia continued the global trend downwards on Thursday, following another sell-off on Wall Street overnight amid concerns that rising inflation could see central banks hike interest rates.
Chinese narrow money supply shrinks in April
China's money supply growth slowed quickly last month as economic authorities tightened monetary and fiscal policy.
Asia report: Most markets lower as inflation concerns continue
Asian stock markets were mostly lower as they closed on Wednesday, amid ongoing consternation over the prospect of inflation, on the back of factory price data out of China on Tuesday.
US removes Xiaomi from blacklist
The US Department of Defence announced it would be remove Chinese tech company Xiaomi from a government blacklist.
Opec reiterates global oil demand forecast for 2021
Opec reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
Asia report: Most markets fall on back of tech sell-off
Most markets in Asia closed in the red on Tuesday, taking their cues from a massive sell-off of technology plays on Wall Street overnight.
BioNTech raises sales guidance, touts progress on oncology pipeline
BioNTech revised its full-year sales forecast higher on the back of feverish demand for its Covid-19 vaccine and announced further progress in oncology pipeline.
Asia report: Most markets higher, Australia business confidence hits record
Most markets in Asia closed in a positive state on Monday, as investors brushed off the seriously weaker-than-expected US payrolls report on Friday, while business confidence rocketed to a new record in Australia in April.
Asia report: Markets mixed ahead of US payrolls, Fonterra plunges
Stock markets in Asia finished in a mixed state on Friday, as investors closed their wallets ahead of a key set of employment data out of the United States.
Asia report: Markets mixed as Japan, China return from holiday
Markets in Asia finished in a mixed state on Thursday, with a number of bourses returning from holidays, as investors began to close their wallets ahead of a key jobs report stateside.
Numis upgrades HSBC to 'buy', says 'short squeeze' possible
Analysts at Numis have upgraded their view on shares of HSBC following the lender's first quarter results.
Asia report: Markets mixed on US interest rate concerns
The stock markets that were open in Asia finished in a mixed state on a quiet Wednesday, with bourses in Japan, China and South Korea closed for public holidays.
Asia report: Markets higher, RBA stands pat on policy
Markets in Asia closed in higher on Tuesday, with a number of bourses closed for holidays, as Australia’s central bank held firm on monetary policy.