Market Pulse - Asia
Asia report: Markets mixed after US consumer prices surge
Markets in Asia finished in a mixed state on Friday, as investors digested the latest inflation data out of the United States overnight, which showed consumer prices surging at the fastest rate since 2008.
Abuja taps StanChart for rail project financing, instead of China Eximbank
Abuja may tap StanChart instead of Chinese lenders for the financing needed to modernise two of the country's main railways.
Asia report: Markets mixed as investors await US inflation data
Equity markets in Asia were in a mixed state as they closed on Thursday, as investors closed their wallets ahead of the much-anticipated United States consumer price index later in the global day.
Asia report: Stocks mixed as producer prices surge in China
Stocks finished in a mixed state in Asia on Wednesday, as investors pored through the latest inflation data out of China.
Vast majority of Covid-19 patients hospitalised were unvaccinated
The overwhelming majority of Britons admitted to hospital after infection with the so-called Delta strain of Covid-19 were unvaccinated.
Samsung banks on EU 5G orders to grow network equipment business
Samsung Electronics is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said on Tuesday.
Asia report: Most markets weaker as Japan GDP details disappoint
Most bourses in the Asia-Pacific region closed in negative territory on Tuesday, as investors digested the latest data out of Japan, showing its economy shrinking at a slower rate than expected.
HSBC names two new co-heads for Asia Pacific business
HSBC has appointed two veteran bankers to manage its operations in Asia-Pacific.
Asia report: Markets mostly higher as China exports miss forecasts
Most markets in Asia closed above the waterline on Monday, even after China’s export growth missed forecasts for May.
TikTok allows itself to collect biometric data on US users
A change to TikTok’s US privacy policy on Wednesday introduced a new section that allows the app to collect biometric data on US users.
Asia report: Markets mixed as Reserve Bank of India holds rates
Markets in Asia ended the last session of the week in a mixed state on Friday, as India’s central bank stood pat on interest rates.
Israel opposition leaders form coalition to oust Netanyahu
Israel’s opposition leaders have agreed to form a government that would see Prime Minister Benjamin Netanyahu ousted after 12 years in power.
Russia's Nordgold to pursue London listing
Russian gold mining group Nordgold is planning to return to the London Stock Exchange as part of its strategy to develop its project pipeline.
Asia report: Markets mixed as services growth slows in China
Stocks were in a mixed state as markets across Asia closed on Thursday, with the services sector in China showing slower growth in the latest data, while retail sales were on the up in Australia.
Elon Musk tweets send 'Baby Shark' investor shares soaring
Shares in Samsung Publishing, investor of the producer of “Baby Shark”, surged 6. 29% on Wednesday after Tesla chief executive officer Elon Musk tweeted about the song.
Asia report: Markets mixed, Aussie economy returns to pre-Covid levels
Markets in Asia finished in a mixed state on Wednesday, with all eyes on the sunburnt country earlier in the session, as data showed the Australian economy recovering to pre-pandemic levels in the first quarter.
BP to invest $220m in US solar projects
BP on Tuesday announced it would be investing $220m in US renewables with the purchase of solar projects from developer 7X Energy.
Asia report: Markets mixed as China manufacturing PMI rises
Markets in Asia finished in a mixed state on Tuesday, as investors digested fresh manufacturing data out of China, showing slightly faster growth for the sector in May.
Brent futures hit two-year high ahead of OPEC+ meeting
Oil prices hit a roughly two-year high on expectations that the reopening of advanced economies would run down the inventories that had piled up during the pandemic.