Market Pulse - Asia
Tillerson says US is ready for talks with North Korea
US Secretary of State Rex Tillerson has said the United States is open to communication with North Korea 'without preconditions'.
Asia report: Markets mostly higher as oil prices rise
Markets in Asia finished mostly higher on Wednesday, with the so-called ‘THAAD stocks’ in Korea surging as the country’s president began a four-day trip to China and oil prices creeping higher.
Macron promises at Paris summit to "Make Our Planet Great Again"
French president Emmanuel Macron has called on world governments to stay the course on fighting climate change despite America's decision to retreat from the Paris accords.
Asia report: Markets mostly lower, Kiwi surges on RBNZ governor appointment
Markets in Asia closed mostly lower on Tuesday, although energy plays were higher as oil prices crept up, with the New Zealand dollar gaining further on the greenback after the country’s central bank appointed its next governor.
Sector movers: Miners gain on Citi note, Chinese credit data
Miners found a bid at the start of the week on the back of positive commentary out of analysts at Citi and the release of stronger-than-expected bank lending and credit figures in China.
Netanyahu asks Brussels to follow in Trump's steps, EU says no
Leaders of both Israel and Palestine reached out for international support after Trump’s recognition of Jerusalem as the Israeli capital.
JP Morgan stays overweight on global equities
Strategists at JP Morgan reiterated their 'overweight' stance on global stocks going into 2018, pointing out that economic growth would continue to be above-trend and that analysts' forecasts for corporate profits had room to increase.
China November credit growth belies slowdown, economists say
Credit conditions in China continued to tighten last month, leading economists to anticipate cuts to the central bank's reserve requirement ratio for lenders in the short-run in order to provide liquidity and - eventually - allow a weaker currency as well.
Asia report: Markets higher after strong Friday on Wall Street
Markets in Asia finished higher on Monday, as investors reacted to a solid finish on Wall Street on Friday which came after the release of stronger-than-expected employment data stateside at the end of the week.
China CPI slows more than expected in November, re-acceleration seen
Consumer price inflation in Asia's largest economy slowed more than expected last month, weighed down by falls in food prices, but economists expected it would recover in 2018.
Week ahead: Central banks, China in focus
Central banks will be firmly in the spotlight over the coming week, alongside a barrage of economic data out of China and Japan.
Economists surprised by strong China trade data for November
China's foreign trade was surprisingly strong in November according to economists, amid export growth at two-year highs and import demand that slowed by much less than had been expected.
Asia report: Markets finish week on a high
Markets in Asia finished higher on Friday, after a solid finish from Wall Street overnight, with investors eagerly awaiting tax reform progress out of the US and digesting trade data from Japan.
IMF says China's banks need more capital after credit boom
The International Monetary Fund has urged China’s banks to raise more capital to protect against risks caused by a credit boom.
China November FX reserve data may herald wider yuan trading band
China's foreign exchange reserves were little changed last month, extending a spell of stability which some economists believe might encourage Beijing to take further 'baby steps' towards full-blown FX liberalisation such as widening the trading band for the yuan.
Asia report: Markets mixed, RBI stands pat on rates
Major markets in Asia recovered some of Wednesday’s losses on Thursday, after a mixed session on Wall Street overnight.
Asia report: Markets mostly lower, Nikkei falls 2pc
Markets in Asia fell sharply on Wednesday after a losing day on Wall Street overnight, as the Tokyo benchmark slid almost 2%.
EU blacklists South Korea and UAE as tax havens
European Union finance ministers have placed 17 states on a blacklist of tax havens, including the powerful economies of the UAE and South Korea.
Joint US and South Korean drills draw angry response from Pyongyang
The US and the South Korean air forces will beef-up and go ahead with their joint annual military exercises, a week after North Korea fired its most powerful test missile to date.
Asia report: Markets mostly lower as RBA stands pat on rates
Markets in Asia finished mostly lower on Tuesday after a mixed session on Wall Street overnight, after Australia’s central bank stood pat on interest rates as widely expected.