Market Pulse - Asia
Commodities: Gains for energy and metals offsets weakness in grains and cocoa
Strength in energy and metals offset widespread weakness in the soft commodities space on Tuesday despite soft readings on various key surveys linked to the Chinese economy.
ITM Power skyrockets as 'zero emissions' target could boost hydrogen fuel
Shares of ITM Power jumped as anti greenhouse emissions talks consider hydrogen fuel as possible replacement for fossil fuels.
Samsung reports Q1 profit slump but expects better results in second half
South Korean tech giant Samsung Electronics reported Q1 results that disappointed investors, unveiling its weakest profits in two years.
China factory sector activity slows in April, PMIs reveal
Chinese factory sector conditions cooled unexpectedly in April, according to the results of two very closely-followed surveys, indicating that the Asian giant's economy "was not yet out of the woods", according to economists.
Hammond seeks to build China ties on trip to Beijing
Chancellor Philip Hammond has stepped up attempts to strengthen economic ties with China by praising the Belt and Road initiative and suggesting Britain could go easier on Chinese expansion in the South China Sea.
Xi pledges "green and sustainable" Belt and Road initiative
China’s President Xi Jinping tried to ease concerns at the Belt and Road project summit in Beijing and pledged it would be a “green and sustainable” initiative.
Asia report: Markets mixed as oil prices pull back
Markets in Asia finished in a mixed state on Friday, with shares in China declining once again, after a serious fall for the Dow Jones Industrial Average on Wall Street overnight.
Commodities: Brent dips despite reports of some Russian oil exports being suspended
Commodity prices dipped on Thursday amid reports that some Russian oil shipments to Europe had been cut off due to concerns around quality.
Friday preview: US Q1 GDP, RBS in focus
Barring surprises, the market spotlight at the end of the week will continue to be on the States, where the Department of Commerce is expected to publish a preliminary reading on first quarter GDP (consensus: 1. 8%).
Belt and Road: China showcases initiative to world leaders and addresses worries
The Chinese government is set to present its Belt and Road trade initiative to world leaders at a gathering in Beijing starting on Thursday.
Analysts label Central Bank of Turkey's 'dovish' turn 'complacent', lira drops
Rate-setters in Ankara stopped holding out the possibility of further interest rate hikes, sending the Turkish lira sharply lower.
Asia report: China shares plunge over economic stimulus concerns
Markets in Asia ended mixed on Thursday, with markets in China taking a tumble as concerns grew that the country’s administration would ease up on its economic stimulus measures.
May restricts Huawei from providing key parts of UK 5G network but rejects full ban
May has given Huawei permission to collaborate in the development of the UK’s 5G network despite security risk warnings.
Petropavlovsk production dips but profits boosted by cost-cutting
Petropavlovsk's shares dipped on Wednesday after the gold miner reported a drop in annual revenues on the back of a decrease in gold sales and production, though results were still ahead of expectations.
Nissan warns on profits for a second time
Shares in Nissan have lost 4% after the Japanese car maker cut its profit guidance for the second time this year.
Asia report: Markets mixed after Tuesday boom on Wall Street
Markets in Asia were mixed as they closed on Wednesday, with Australia’s benchmark reaching its highest level in more than a decade after a record-breaking close on Wall Street overnight.
America's Lighthizer, Mnuchin to travel to China next week
America's top trade negotiators will travel to Beijing next Tuesday with a view to having a draft deal in place by May.
Commodities: Brent climbs, but copper dips as US dollar strengthens
Energy futures continued pushing higher on Tuesday on follow-through buying after the Trump administration decided the day before to cut Tehran's crude oil exports to zero by not extending waivers from its sanctions against countries purchasing oil from Iran.
Rustranscom delays IPO following approaches from private equity
Rustranscom on Tuesday confirmed that it has postponed a planned initial public offering on the London Stock Exchange in favour of a private equity transaction.
Samsung Galaxy Fold launch delayed after faults reported
Samsung postponed the launch of its folding smartphone the Samsung Galaxy Fold after early reviewers reported a series of faults with the screens.