Asia

Asia, China Trade

Asia should wrap up China-led trade talks quickly: ADB

(Dec 7): The death knell sounding for a US-led Pacific trade pact creates a vacuum that a separate Asia deal being championed by China should quickly fill, according to the Asian Development Bank.

Results

Del Monte posts 58% fall in 2Q earnings to US$20 mil on absence of one-off gain

SINGAPORE (Dec 6): Del Monte Pacific posted earnings of US$20.2 million ($28.7 million) for 2QFY17, a 57.8% decrease from the earnings of US$47.8 million in 2QFY16.

ABN AMRO to sell private banking business in Asia, Middle East to LGT

SINGAPORE (Dec 6): ABN AMRO has reached an agreement to sell its private banking operations in Asia and Middle East to LGT, an international private banking and asset management group, for an undisclosed sum.

Investing strategies

Asia's 6 key industries: What's hot, what's not in 2017

SINGAPORE (Nov 29): Asia’s gross domestic product is set to grow by 3.9% in 2017 as the overall global economy grows by 2.5%, according to the Economist Intelligence Unit.
Ringgit

Currencies

Asia’s worst currency slump takes Malaysian rate cut off table

KUALA LUMPUR (Nov 23): Asia’s worst-performing currency since Donald Trump’s surprise US election victory is putting a Malaysian interest-rate cut out of sight for now.  

Investing strategies

Politics is now dominant driver for currency markets, watch it closely

SINGAPORE (Nov 17): Currencies used to be influenced by a number of different factors, political, structural and cyclical.  However, HSBC FX Strategy now believes the dominant driver is politics.

Global investor confidence levels up for Oct, but still shy of neutral reading

SINGAPORE (Oct 26): Institutional investors around the world have recorded an improvement in risk appetite for the second month running, driving State Street’s global Investor Confidence Index (ICI) up by 3.6 points to 99.1 in October from September’s

China Focus

Gloomy China September trade data raises fears recovery may be faltering

BEIJING (Oct 13): China's September exports fell 10% from a year earlier, far worse than expected, while imports unexpectedly shrank after picking up in August, suggesting signs of steadying in the world's second-largest economy may be short-lived

Global investor confidence for Sept rises, driven by Asia and North America

SINGAPORE (Sept 28): Institutional investors appear to be more confident as the State Street Global Investor Confidence Index (ICI) for September rose 5.8 points to 95.5, driven by increases in the Asian ICI and North American ICI.
Samsung Electronics Co

Samsung, Tencent surge in race to become Asia's most valuable firm

SINGAPORE (Aug 24): Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs.
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