Asia

Amazon prefers renewables in Asia as nuclear still elusive
Amazon prefers renewables in Asia as nuclear still elusive
AMAZON.COM is currently only looking at wind and solar to offer green power for projects in Asia, even as global technology companies begin examining nuclear generation to supply energy-hungry...
Asia: Markets mixed after Wall Street drop, Shanghai dips before briefing
Asia: Markets mixed after Wall Street drop, Shanghai dips before briefing
MOST Asian markets were mixed on Friday (Oct 11) as investors digested disappointing US inflation data that further dampened expectations for another bumper interest rate cut next month.Chinese stocks...
Chinese stocks underperform Asia, futures decline
Chinese stocks underperform Asia, futures decline
CHINESE equities were standout underperformers in Asia on Wednesday (Oct 9) as traders weighed weak economic data and Beijing’s reluctance to commit to more stimulus. The benchmark CSI 300 Index...
Asia refiners lament pricey Saudi oil as profits, Iran risk loom
Asia refiners lament pricey Saudi oil as profits, Iran risk loom
In Singapore, Asia’s oil-pricing hub, margins for complex refineries fell to near parity last week, with yields hovering below seasonal averages for weeksASIAN oil refiners hit by lean margins...
Asia currencies set for worst week in year as Fed cut bets pared
Asia currencies set for worst week in year as Fed cut bets pared
ASIAN currencies are set for their worst week in more than a year as traders pare bets on aggressive US Federal Reserve interest-rate cuts.A Bloomberg gauge of Asian currencies...
Asia: Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
Asia: Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
OIL prices stabilised on Friday (Oct 4) after soaring on fears about the Middle East crisis as investors await Israel’s response to Iran’s missile attack, while shares in Hong...
Shipping shares in Asia tumble after US dockworkers pause strike
Shipping shares in Asia tumble after US dockworkers pause strike
SHIPPING stocks across Asia slumped after dockworkers at US East and Gulf coast ports agreed to suspend their strike, curbing expectations container rates will increase due to reduced supply.Japan’s...
Hot stock: Parkson Retail Asia surges as much as 16.2% upon watch list exit
Hot stock: Parkson Retail Asia surges as much as 16.2% upon watch list exit
SHARES of Parkson Retail Asia spiked on Friday (Oct 4) morning amid heavy trading volumes, following an announcement by the mainboard-listed department store retailer that it was exiting the...
Citadel boosts Asia fundamental equities headcount past 60
Citadel boosts Asia fundamental equities headcount past 60
CITADEL’S US$64 billion hedge fund business has increased its Asia fundamental equities headcount to more than 60 people in just over three years, according to sources familiar with the...
China’s sudden stock rally sucks money from rest of Asia
China’s sudden stock rally sucks money from rest of Asia
A STRONG rebound in Chinese stocks is set to trigger a shift in global portfolios as some investors rush to catch the rally.A wave of money which earlier left...