Asia: US-China trade deal remains top-of-mind, yet, as uncertainly looms on progress from here, President Trump stated that the tariffs could remain for quite some time. Separately, pressure is mounting from international countries against Chinese human right violations against the communities in the Uighur region. Wednesday was a mixed day for the major Asian stock […]
Note: Due to technical issues, the delivery of this blog post was abnormally delayed. We apologize for inconvenience. Asia: Denmark’s largest telecom group, TDC, has chosen Ericsson (from Sweden) over existing provider Huawei to roll out its ultra-fast 5G mobile network. This is on the back of recent security concerns regarding China. According to a […]
Asia: Huawei, the Chinese smartphone maker, said the company will look at building its own OS as a plan B if a ban is extended to US-based Google and Microsoft. A green day for the major Asian stock markets: Hang Seng increased 396.75 points (1.37%) to 29,409.01; Shanghai increased 74.67 points (2.47%) to 3,096.42; NIKKEI […]
Asia: At the conclusion of the annual National People’s Congress meeting, Chinese Premier Li Keqiang said that Beijing is prepared to support a slowing economy by cutting reserve requirements and interest rates if needed. Followed by the good news, the Shanghai Composite index increased 31.07 points (+1.04%) to 3,022 this Friday. The rest of the […]
Asia: The much-anticipated trade deal between China and the U.S. may be pushed back once again, according to a new Bloomberg report. Chinese President Xi Jinping and U.S. President Donald Trump were expected to meet in Mar-a-Lago, Florida, later this month to discuss terms. However, reports are that the meeting may not take place until […]
Asia: Most of the major Asian markets closed in the red today. Decreases were led by NIKKEI 225 (-253.27 points, -1.18%, 21,243 close), followed by Shanghai (-32.82 points, -1.07%, 3,027 close). Hang Seng was down this Wednesday as well (-101.92 points, -0.35%, 28,818 close). KOSPI and ASX200 both posted losses for the day (-5.81 points, […]
Asia: Most of the major Asian markets closed in the green today. Increases were led by NIKKEI 225 (+378.60 points, +1.79%, 21,504 close), followed by Hang Seng (+417.57 points, +1.47%, 28,921 close). SENSEX and Shanghai increased +481.56 points (+1.30%, 37,536 close) and +33.31 points (+1.1%, 3,060 close) respectfully. KOSPI also increased +19.08 points (+0.89%, 2,157 […]
Asia: A mixed day for the major Asian stock markets; Shanghai led the way after adding 57.13 points (+1.92%, 3027 close), followed by SENSEX (+382.67 points, +1.04%, 37,054 close). Hang Seng and NIKKEI 225 increased 274.88 points (+0.97%, 28,503 close) and 103.16 points (+0.49%, 21,122 close) respectfully. HOSPI and ASX200 took the opposite route, losing […]
Asia: A down day for all the major Asian stock markets due to the weak China trade data. Chinese exports for the month of February decreased from 9.1% to -20.7%. This was the biggest fall in three years. Imports also fell 5.2% in the world’s second largest economy. Chinese stocks had a biggest daily loss […]
Asia: President Trump says he is optimistic that a landmark trade deal with China is near completion, however, reports suggest that Chinese officials do not feel the same. The latest news with Huawei suing the US over a product ban does not help the overall situation. A mixed day for Asian stocks: Shanghai rose 5 […]
