Market Pulse - Asia
Asia report: China PMI positive while Japan industry disappoints
Markets in Asia finished mixed on Wednesday, amid better-than-expected PMI figures from China and a weaker sterling.
HSBC initiates Ferrexpo at a buy
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
Asia report: Markets mixed on another quiet day
Markets in Asia finished mixed on Tuesday, after a flat Monday on which a number of major indices around the world were closed for public holidays.
Asia report: Markets mixed after OPEC output cut extension
Asian markets ended mixed on Friday, with traders having a muted reaction to the news that oil producers had agreed to extend output cuts by nine months at an OPEC meeting in Vienna.
Asia report: Markets higher as traders focus on Fed, oil
Markets in Asia were mostly higher on Thursday, as investors digested the Federal Reserve’s May meeting minutes amid strengthened hopes for deeper oil production cuts at an upcoming OPEC meeting.
Global trade jumps in March thanks to surge in emerging markets
The recent improvement in European business confidence surveys was not just the result of the psychological boost to sentiment from the French elections, UniCredit Research said.
Asia report: Most markets higher as Moody's downgrades China rating
Markets in Asia finished mostly higher on Wednesday, with downgrade in China’s credit rating from Moody’s coming during the day, and investors beginning to close their wallets as they waited for the FOMC minutes to be released during their Thursday session.
Moody's downgrades China credit rating on fears of slowdown
Ratings agency Moody's has downgraded China's credit rating for the first time in 30 years as fears grow that the Asian superpower's economy will experience a major slowdown.
Asia report: Most markets finish session lower
Markets in Asia finished mostly lower on Tuesday, with investors ignoring the solid performance on Wall Street overnight, as news of the deadly bombing in Manchester came through during the session.
Asia report: Most markets higher as DPRK tests another missile
Most markets in Asia were higher on Monday, reacting to Wall Street’s Friday recovery with traders seeming to largely brush off another missile test from North Korea over the weekend.
Macquarie raises target price on Cairn Energy, upgrades to 'outperform'
Analysts at Macquarie revised their target price on shares of Cairn Energy higher in anticipation of progress in Senegal and the start of cash flow generation in the North Sea.
All countries agree on oil output cut deal, Saudi Arabia's Al-Falih says
All countries taking part in the November deal to cut oil production agree on the need to extend the supply cut agreement by another nine months.
Asia report: Shares finish turbulent week on mixed note
Asian shares finished the week on a mixed note as earlier losses were reversed on the back of higher oil prices and a rebound in US stocks after better than expected jobless figures.
Asset sales, cash calls still possible at Tullow, Canaccord says
Canaccord Genuity trimmed its target on shares of Tullow Oil after revising its short-term 'price deck' for the price of Brent lower.
Asia report: Markets lower despite Japan GDP growth
Markets in Asia finished lower on Thursday, once again taking their cues from Wall Street overnight as political tension around Trump’s leak of classified information to Russian officials and the investigation into links between his presidential campaign and Russia.
Asia report: Most markets lower after weak Wall Street session
Markets in Asia were mostly lower on Wednesday, taking their cue from the US overnight where retailers dragged on Wall Street as questions remained around President Donald Trump’s handling of classified information.
Asia report: Most markets higher as oil prices surge
Markets in Asia finished mostly higher on Tuesday, with higher oil prices lifting sentiment after Russia and Saudi Arabia confirmed they agreed production cuts should be extended until March 2018.
Chinese industrial output, fixed investment cool in April
Economic activity in Asia's largest economy was weaker-than-expected last month as presaged by recent purchasing managers' indices for factory and services sector activity.
Asia report: Most markets higher after G7 meeting, Pyongyang missile launch
Markets in Asia were mostly higher on Monday, after a weekend in which trade protectionism was on the agenda as finance chiefs from the world’s seven largest economies gathered for a G7 meeting in Italy.
Saudi Arabia and Russia agree nine-month oil output cut deal
Saudi Arabia and Russia agreed to a nine-month extension of the supply cuts agreed to in November 2016, issuing a strongly worded statement that sparked gains in crude oil futures.