Category: FinanceAsia
Asian shares gain but Evergrande jitters keep investors on edge
Asian shares moved higher on Thursday, supported by some positive news from struggling developer China Evergrande Group (3333.HK), while the dollar held near a one-month top [...] » More
Top US trade official to have meeting with WTO chief on Wednesday
US Trade Representative Katherine Tai will have an online meeting on Wednesday with Ngozi Okonjo-Iweala, the director-general of the World Trade Organisation, Tai’s [...] » More
Asian investors soothed by Evergrande bond plan
Asian investors trod carefully on Wednesday but nerves appeared to be settled by news that troubled Chinese property giant Evergrande had agreed a plan to repay interest on [...] » More
ADB cuts Asia growth forecast on slow Covid vaccine rollout
The Asian Development Bank warned of “lasting scars” from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination [...] » More
Asian trade tense in the shadow of Evergrande and the Fed
Asian stock markets made a cautious start on Wednesday and the dollar held firm amid lingering nerves about the fallout from a looming failure at developer China Evergrande [...] » More
Asian shares on edge as day of Fed chair speech arrives
Asian shares were mixed on Friday morning as slight gains in China were balanced by declines elsewhere and investors globally turned cautious ahead of a long-awaited speech [...] » More
ioneer Awards Sulphuric Acid Plant Contract to DuPont Clean Technologies
* DuPont Clean Technologies (DuPont) awarded the license, engineering and equipment contract for the Rhyolite Ridge sulphuric acid plant * DuPont to supply specialised MECS® [...] » More
Asian markets stabilise after rout but Evergrande fears linger
Equities fluctuated in Asia on Tuesday, with investors nervously keeping an eye on troubled property giant China Evergrande after fears over its possible collapse sparked a [...] » More
Crunch time for Evergrande, but no ‘Lehman moment’
With the future of Evergrande hanging in the balance, global markets have plunged on fears that one of China’s biggest developers could collapse and cause a contagion [...] » More
Evergrande: Asia stocks down as investors weigh China concerns
Asian stocks were mixed on Tuesday as concerns persisted over Chinese property group Evergrande and its impact on the global markets. Japan’s Nikkei 225 index closed [...] » More
Uber CEO aims for ‘fully green’ food-delivery business
Uber Technologies Inc. wants to expand its zero emissions pledge to food-delivery and make the business environmentally sustainable, but Chief Executive Officer Dara [...] » More
Asia markets fight for footing as investors fret over Evergrande crisis
Asian stocks struggled to shake off contagion fears on Tuesday and selling pressure persisted amid concern that troubles at indebted developer China Evergrande could ripple [...] » More
Tokyo’s Nikkei plunges more than 2pct on China debt crisis fears
Tokyo’s key Nikkei 225 index plunged more than two percent at the open on Tuesday, extending Wall Street falls on contagion fears from the expected collapse of [...] » More
World shares sink as China Evergrande fears spark risk off
World stocks sold off sharply on Monday while safe-haven assets gained as troubles at property group China Evergrande fed concerns about spillover risks to the economy, [...] » More
Lockdowns in SE Asia Deepen Commodity Supply-Chain Pain
The recent surge in Covid-19 cases in Southeast Asia has throttled ports and locked down plantations and processors, sparking extended disruptions of raw materials such as [...] » More
