Category: FinanceAsia
Asian stocks start to shake off ‘Brexit’ worries
Most Asian stock benchmarks rebounded from early losses Tuesday as investors started shaking off the jitters from Britain’s vote to quit the European Union and its [...]
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Brexit Shock May Have Silver Lining for Bruised Asian Investors
Asia’s equity markets were the first to suffer through a Brexit-fueled rout. Old Mutual Plc and Citi Private Bank are betting they may be the first to recover. As [...]
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Asian stocks mixed as markets await Brexit fallout
Japanese and Chinese stocks rose Monday but other Asian markets declined, crude prices fell further and US shares appeared headed for a lower opening as jittery traders [...]
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Asian car makers may slow investments in UK after Brexit
Executives at Asian automakers with factories in Britain, largely set up to export to the European Union, say they could slow investments in Britain or even put them on ice [...]
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Asia central banks, policymakers wade in to calm markets on Brexit vote
At least two Asian central banks were suspected of intervening in their currency markets on Friday, according to traders, as global financial markets went into a tailspin [...]
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Asian traders ‘seasick’ as UK votes for Brexit
Asian currency, bond and equity traders kicked off an early day of choppy trading as a British vote to leave the European Union sent shivers across trading floors, having [...]
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Asian car makers fret over uncertainty ahead after Brexit vote
Executives at Asian automakers with factories in Britain, largely set up to export to the European Union, say they could slow investments in Britain or pause them for now, [...]
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Central Banks Pledge Action to Alleviate Strains From Brexit
Central banks across the world pledged to take action as needed to avert any breakdown in financial-market liquidity, with some already taking some steps in the aftermath of [...]
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Asian car makers fret over uncertainty ahead after Brexit vote
Executives at Asian automakers with factories in Britain, largely set up to export to the European Union, say they could slow investments in Britain or pause them for now, [...]
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HSBC, Standard Chartered Lead Asia Bank Rout as UK Votes ‘Out’
UK lenders HSBC Holdings Plc and Standard Chartered Plc plunged in Hong Kong trading, leading Asian bank shares lower as Britain’s vote to exit the European Union [...]
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SGX, Asian brokers hike trading margins on Brexit volatility fears
Singapore Exchange Ltd said it has raised the amount of cash firms must pledge to cover trading positions due to an expected rise in market volatility linked to [...]
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Asian companies founder in low-return rut as cash piles crimp growth
Asian stock investors hoping for respite from five years of falling returns may have to wait longer yet as companies are hoarding cash rather than investing due to poor [...]
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Asia’s Bank Profits Face a Powerful Storm, McKinsey Says
Asia-Pacific banks face “a powerful storm” which will probably hurt profit growth in an industry that earned half a trillion dollars last year, according to [...]
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Asia stocks inch up, nerves fray ahead of Brexit vote
Asian stocks edged up on Wednesday as investors were guardedly optimistic about a “Remain” vote in Britain’s make-or-break European Union referendum, while [...]
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Asian shares mostly up as investors await more Brexit polls
Asian shares were mostly higher Wednesday, with investors focused on Thursday’s vote on Britain’s possible withdrawal from the European Union and after relief [...]
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