Market Pulse - Asia
China balks at US accusation of 'unfair' trade practices
Beijing has rejected fresh accusations of “unfair” trade practices from Washington just days before Presidents Trump and Xi are set to meet to discuss their ongoing trade disputes.
Asia report: Markets mixed as trade tensions continue
Markets finished Thursday mixed in Asia, with sentiment in the region remaining depressed after a middling session on Wall Street overnight and as geopolitical tensions between Washington and Beijing remained tight.
Asia report: Markets mixed amid global tech rout
Markets in Asia finished in a mixed state on Wednesday, as sentiment continued to slump after another session of losses for Wall Street’s technology plays.
Commodities: Brent's fall towards 200-day moving average continues apace
Crude oil futures were again trading on the back foot on Tuesday, following the broad cross-asset class price pattern seen on multiple occasions over the last few weeks, with oil futures lower, the US dollar higher and risk assets - including equities and junk debt - generally weaker globally.
Maldives set to ditch 'one-sided' China trade deal
The Maldives is likely to withdraw from a free trade agreement with China and align itself more closely with India and the West under its new government, according to reports on Tuesday.
Communications taking place at all levels of government with China, US's Kudlow says
The White House's top economic adviser reiterated on Tuesday that trade talks with the People's Republic of China were ongoing.
US considers tighter export controls on latest generation of dual-use technologies
The Trump administration is considering tightening controls on high-technology exports, including those related to artificial intelligence and other so-called 'dual-use' technologies, as the trade war with China intensifies.
Asia report: Most markets lower as Nissan chairman arrested
Most markets in Asia finished in the red on Tuesday, with Nissan’s plunge in focus after the arrest of the company’s chairman amid fiscal misconduct allegations in Japan.
Commodities: Gains for natural gas help offset losses in agricultural futures
Natural gas futures continued to move back towards their recent 52-week highs, alongside a small advance in crude oil futures.
Haydale Graphene Industries soars on Thai anti-counterfeiting agreement
Haydale Graphene Industries’ shares soared on Monday after the company signed an exclusive licence agreement with Thai outfit TKS Siampress Management.
China alleges top three chipmakers involved in price-fixing
China vowed to deepen a probe into Samsung, Micron and SK Hynix following what it said was the discovery of "massive evidence" that the world's three kargest chipmakers were colluding to rig prices.
Nissan to boot chairman over 'significant acts of misconduct'
Nissan is preparing to oust its chairman Carlos Ghosn after it was revealed he and another top executive, Greg Kelly, had been involved in "significant acts of misconduct" over a long period of time.
Asia report: Markets mostly higher as APEC summit begins
Most markets in Asia were in positive territory as they closed on Monday, even as sentiment remained muted amid ongoing geopolitical tension between China and the United States.
'I think we'll have a deal (with China),' Trump says
Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.
Asia report: Markets mixed as sentiment takes a Brexit-fuelled dive
Markets in Asia finished in a mixed state on Friday, with sentiment taking a hit from ongoing political turmoil in the UK, as a number of ministers resigned from Theresa May’s government in the wake of the UK striking a Brexit agreement with the European Union.
Asia report: Markets rise on early Brexit deal hopes
Most markets in Asia finished in the green on Thursday, amid apparent optimism overnight that Theresa May’s Brexit deal might actually make it through the bowels of Westminster Palace to 29 March next year.
US should hike foreign investment to curb China influence, says Congress report
A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.
Asia report: Negativity abounds as oil stocks fall across region
Markets in Asia mostly finished in negative territory on Wednesday, with sentiment affected by a further fall in oil prices.
FX round-up: Trade talk, speculation around possible Brexit deal brake US dollar
A more 'constructive' news-flow on the global trade front and news of a breakthrough in talks on the UK's withdrawal between London and Brussels, kept the Greenback from hitting a fresh 52-week high on Tuesday.
Saudi makes case for 1.0m b/d cut in crude oil output
Riyadh and its allies should cut their combined output of crude oil in order to balance the market, Saudi Arabia believes, but it remains to be seen if other producers will participate in any reductions.