Category: FinanceAsiaSubscribe via RSS Feed

Most Asian markets retreat after upbeat week

13-May-2017 Intellasia | Reuters | 6:00 AM

Most Asian markets turned lower Friday following a healthy run-up in the week, tracking a sell-off on Wall Street where a plunge in retail giant Macy’s fanned concerns [...]
» More

Asian stocks mostly lower as Trump uncertainty weighs

13-May-2017 Intellasia | AP | 6:00 AM

Asian stock markets were mostly lower Friday as investors remained cautious amid US political uncertainty. Weak US retail data added to worry over consumer spending. KEEPING [...]
» More

Asia markets rally as oil prices bounce

12-May-2017 Intellasia | AFP | 6:00 AM

Asian markets rose Thursday with energy firms providing strong support after a surge in oil prices, while the dollar held gains against the yen as a top Federal Reserve [...]
» More

Asian Stocks Set to Advance as Yen Weakens: Markets Wrap

11-May-2017 Intellasia | Bloomberg | 6:00 AM

Stocks in Japan look set to be buoyed by a weaker yen, spurred by strength in the dollar on bets for a US interest-rate increase next month. Equity-index futures in Japan, [...]
» More

Mitsubishi Motors sees profit surge on higher Asia sales, cost savings

11-May-2017 Intellasia | Reuters | 6:00 AM

Japan’s Mitsubishi Motors Corp on Tuesday forecast a near 14-fold rise in operating profit this year, as higher sales and cost savings from its alliance with Nissan [...]
» More

IMF says Asia facing risks from rise in protectionism

11-May-2017 Intellasia | Reuters | 6:00 AM

The International Monetary Fund said Asia’s economic outlook faces “significant” uncertainty and downside growth risks from any sudden tightening in global [...]
» More

Asian markets largely quiet following Monday’s rally

11-May-2017 Intellasia | Market Watch | 6:00 AM

Bank stocks slump in Australia, but gain in Singapore ReutersPeople walk amongst “supertree” structures in Singapore, where banks continued their earnings-season [...]
» More

Credit Suisse to Cut Up to 35 Asia Equities Jobs by June

10-May-2017 Intellasia | Bloomberg | 6:00 AM

Credit Suisse Group AG is cutting as many as 35 positions at its equities business in Asia after the unit’s revenue slumped, a person with knowledge of the matter said. [...]
» More

IMF warns Asia to act early on rapidly-ageing population

10-May-2017 Intellasia | Reuters | 6:00 AM

The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing populations, warning that parts of [...]
» More

Parts of Asia Will Grow Old Before Getting Rich, IMF Warns

10-May-2017 Intellasia | Bloomberg | 6:00 AM

Asia’s rapidly aging population means the region is shifting from being the biggest contributor to the global workforce to subtracting hundreds of millions of people [...]
» More

Reference exchange rate up 5 VND

09-May-2017 Intellasia | VNA | 9:32 AM

The State Bank ofVietnamset the reference VND/USD exchange rate at 22,358 VND/USD on May 8, up 5 VND from the end of last week. With the current +/- 3 percent VND/USD trading [...]
» More

Energy shares lead Asian stock losses as oil falls under $45

09-May-2017 Intellasia | AP | 6:00 AM

Energy shares led declines on Asian stock markets Friday after oil prices fell to their lowest levels in nearly six months on oversupply concerns. KEEPING SCORE: Hong [...]
» More

Energy shares lead Asian stock losses as oil falls under $45

06-May-2017 Intellasia | AP | 6:00 AM

Energy shares led declines on Asian stock markets Friday after oil prices fell to their lowest levels in nearly six months on oversupply concerns. KEEPING SCORE: Hong [...]
» More

Asian investors still snapping up UK property: JLL

05-May-2017 Intellasia | Property Guru | 6:00 AM

Real estate transaction volumes in the UK are at their highest level since 2015, according to a report from property consultancy JLL. This shows that despite the jitters [...]
» More

Asian Stocks Reverse Gains Ahead of Fed’s Interest Rate Decision

05-May-2017 Intellasia | Bloomberg | 6:00 AM

Asian stocks outside Japan declined as Australian shares dropped before the US Federal Reserve’s rate decision. Equity markets in Japan, South Korea and Hong Kong are [...]
» More