Category: FinanceAsia
Asian markets drop as rate fears trump Powell reassurances
Asian markets suffered fresh losses Wednesday as concerns about rising inflation and frothy equity prices continued to sap confidence, with investors unmoved by reassurances [...] » More
HSBC ramps up Asia pivot as pandemic hammers profits
HSBC ramps up Asia pivot as pandemic hammers profits HSBC on Tuesday vowed to accelerate its Asia pivot despite spiralling tensions between China and the West after it [...] » More
Asian markets mostly up but optimism tempered by inflation fear
Asian markets mostly rose Tuesday, fuelled by growing hope that vaccine rollouts will allow the global economy to get back on track, but the optimism was tempered by niggling [...] » More
Climate change: HSBC launches first yuan-denominated green certificate of deposit in Asia
HSBC is offering Asia’s first yuan-denominated green certificate of deposit (CD) to retail customers in Hong Kong, the latest climate product by one of the city’s [...] » More
HSBC curbs profit and payout ambitions, bets on Asia wealth
HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 [...] » More
Asian stocks slip as global rally skids on inflation fears
Asian stocks dipped on Tuesday as rising U.S. Treasury yields and inflation prospects led to a further rotation out of the big tech stocks responsible for a major Wall Street [...] » More
Asia’s climate optimism
Optimism is in the air in Asia, where the new Regional Comprehensive Economic Partnership has brightened prospects for a post-pandemic recovery and a revival of [...] » More
Asian shares mixed as investors await progress on stimulus
Asian shares were mixed on Monday as hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines were countered by worries about inflation and [...] » More
Banking on the unbanked
Southeast Asia’s fintech scene is going from strength to strength, with the regional industry valued at up to $100 billion at the end of last year. Yet it has so far [...] » More
THACO exports over 200 automobiles, auto parts to Japan, Korea, other countries
THACO shipped more than 200 Kia vehicles and auto parts to Thailand, Myanmar, Japan, and South Korea on February 17. The conglomerate’s largest export consignment to [...] » More
Knowledgehook to boost maths attainment across Australia
Knowledge aims to accelerate recent improvements in math attainment levels, across all age groups, in Australia. The Learner First to distribute Knowledgehook technology [...] » More
Shares make guarded gains as bond yields, resources spike
Asian share markets inched up on Monday as expectations for faster economic growth and inflation globally battered bonds and boosted commodities, though rising real yields [...] » More
G7 says to counter ‘non-market’ policies from China to ensure free trade
Group of Seven leaders on Friday said they would seek a collective approach to China to counter “non-market oriented” policies and practices and to ensure a fair [...] » More
Asian markets slip as recovery pace fuels rate-hike fear
Fears that the global recovery will fire inflation continued to weigh on Asian stocks Friday as traders faced up to the fact that interest rates will not be kept at record [...] » More
Asian stocks set to fall as Wall Street slips on recovery doubts
Asian stocks were set to pull back on Friday, following a dip on Wall Street as disappointing US jobs data fanned concerns the economic recovery from the coronavirus was [...] » More
