Asia
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Most Of Asia Tracks Wall St Down As US Data Dents Rate Cut Hopes
Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut. The…
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Morningstar appoints South-east Asia managing director in newly created role
MORNINGSTAR has appointed Shihan Abeyguna as managing director, South-east Asia. This is a newly created role at the American financial services firm. The appointment is in addition to his current…
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Asia: Stocks tracks Wall Street retreat as US inflation dents rate cut hopes
ASIAN equities sank on Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut. The…
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Seatrium renews ship repair contract for 43 LNG carriers docked in South-east Asia
SEATRIUM has renewed its long-term favoured customer contract with two maritime companies to repair, refurbish and upgrade a combined fleet of 43 liquefied natural gas (LNG) carriers docked in South-east…
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Asia: Markets rise as traders return, eyes on US data
ASIAN markets rose on Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day. Traders are…
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As China woes mount, investment banks brace for more Asia job cuts
JOB cuts at Western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as deal…
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World’s Biggest Flying Lab Comes To Asia On Air Pollution Mission
NASA has kicked off a series of marathon flights in Asia with the world’s biggest flying laboratory, in an ambitious mission to improve the models that help to forecast and…
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Asia: Most markets track Wall Street record, Shanghai extends rally
MOST Asian stocks rose on Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country’s markets playing up against…
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Sun Life Financial beats estimates on Asia growth, insurance sales
SUN Life Financial beat analyst estimates for fourth-quarter profit, boosted by momentum in its Asia business and strong sales of individual and group insurance policies. The Toronto-based insurer and asset…
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CapitaLand Investment acquires 3 properties in South-east Asia
CAPITALAND Investment (CLI) is acquiring two industrial properties in Singapore through Extra Space Asia (ESA), a self-storage platform it manages. Through the group’s logistics platform CapitaLand Sea Logistics Fund (CSLF),…
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Asia Markets Take A Hit As Blockbuster US Jobs Batter Rate Cut Hopes
Asian markets mostly fell Monday after a forecast-busting US jobs report and comments by Federal Reserve boss Jerome Powell shattered any remaining hopes for a March interest rate cut. Decision-makers…
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Asia Tracks Global Losses As Stock Traders Step Back After Rally
Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes…
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Asia Tracks Wall St Rally Ahead Of Run Of Data, Fed Decision
Stocks tracked Wall Street higher and the dollar retreated Tuesday as traders awaited a bumper round of market-moving events, starting with the release of US inflation data later today. The…
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Asia Tracks Wall St Sell-off As US Labour Market Softens
Asian stocks sank Thursday, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data, while oil struggled to bounce back after hitting…
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Southeast Asia Banks On Aviation Boom
Major airport expansion projects are taking off across Thailand, Cambodia and Vietnam, and a new airline is set to launch next year — all banking on an expected boom in…
