Market Pulse - Asia
Fed's Powell says Covid-19 will be with us 'for a while'
The head of the Federal Reserve said that Covid-19 was likely to be with us "for a while".
Asia report: Most markets rise, China data disappoints
Most equity markets closed positively in Asia on Tuesday, although stocks in China were mixed as investors digested some disappointing services data.
Week ahead: Non-farm payrolls in focus; Barratt, Melrose earnings due
The corporate and macroeconomic calendars will start to pick up again next week after the August lull, culminating in the US jobs report at the end of the week.
Blackstone reportedly mulling Interplex acquisition
Singapore-based technology and engineering company Interplex has found itself in the sights of investment management giant Blackstone, it was reported on Tuesday.
HSBC chairman says Sino-US relations moving to new status quo
HSBC chairman Mark Tucker sounded a hopeful note on US-China relations while doubling down on the lender's increasing focus on Greater China.
Asia report: Markets weaker after soft China data
Markets in Asia closed weaker on Monday, as investors digested fresh economic data out of Japan and China.
China orders partial closure of world's third-largest container port
Chinese authorities closed the Meishan terminal at the Ningbo-Zhoushan container port overnight after a worker tested positive for Covid-19.
Asia report: Markets mixed as oil prices take a tumble
Markets in Asia were in a mixed state as they closed on Monday, with much attention on oil prices, as benchmark crude tumbled through the session.
Cairn Energy jumps as Delhi moves to settle tax dispute
Shares in Cairn Energy extended their gains from the previous session after New Delhi said it would amend its tax law in a way that would allow it settle lengthy tax disputes.
China services sector blasts past expectations in July
China’s services sector was more than buoyant in July, with data released overnight on Wednesday blasting past market expectations.
Asia report: Stocks weaker as Beijing turns attention to online gaming
Stock markets were in the red on Tuesday in the Asia-Pacific region, with the China-based online video gaming sector hit particularly hard as it became the latest target of regulators in Beijing.