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Cosco Shipping to acquire Orient Overseas for $6.3bn

July 10th, 2017 (0)
Cosco Shipping Holdings Ltd agreed to buy Orient Overseas International Ltd for $6.3bn in cash, creating the world’s third-largest container-shipping company as the industry shrinks after years of losses and overcapacity. Cosco, China’s biggest container carrier, will pay shareholders ...

Global stocks close to all-time highs; What investors will be watching

July 10th, 2017 (0)
China prices post steady climb; oil edges higher, gold falls Australian 10-year yield rises a fourth day, Treasuries steady Stocks rose and the dollar was steady after economic data kept investors upbeat on the global economy following strong U.S. ...

Watch out: Global selloff in bonds; Investors on edge

July 7th, 2017 (0)
Asian bonds slump after German yields reach 18-month highs Yen falls as BOJ seeks to cap yields with bond purchase plan A global selloff in bonds and equities spread to Asia, with investors on edge as central banks step ...

Early Global Markets Review for Thursday July 06

July 6th, 2017 (0)
Most Asian stock markets fell on Thursday after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, while oil prices inched higher following a steep decline a ...

Asian stocks, the Yen, the Gold; All climbed

July 5th, 2017 (0)
Asia Stocks Rebound While Haven-Asset Demand Fades Japan, Hong Kong shares turn higher as automakers advance U.S. stock and bond markets reopen after Independence Day Asian stocks climbed as Japanese and Hong Kong markets staged a turnaround. Geopolitical concerns ...

Investors moves review: Euro, yen and yuan rose; Technology stocks selloff

June 28th, 2017 (0)
ECB’s Draghi says policy may become tighter from next year Banks rally as Yellen says economy can withstand higher rates A selloff in technology stocks extended into the Asian trading session, while bank shares rallied with government bond yields ...

ASIC commences proceedings against former managing director of Banksia Securities Limited

June 27th, 2017 (0)
ASIC has commenced civil penalty proceedings in the Federal Court of Australia in Melbourne against Patrick John Godfrey, former managing director of Banksia Securities Limited (In Liquidation) (Receivers and Managers Appointed) (Banksia). ASIC alleges that: Banksia’s financial reports for ...

Yen and British pound were flat, Gold little changed; Japan stocks climb

June 27th, 2017 (0)
Japan Stocks Climb on Yen Losses; Brazil ETF Rises Oil holds gains while trader triggers sharp drop in gold price Investors await Yellen remarks before further data this week Most Asian stocks advanced as a weaker yen spurred gains ...

Yen little change, Pound increased, Euro flat, Asia Stocks advanced; Investors Review

June 26th, 2017 (0)
Fed officials, ECB’s Draghi are due to speak this week Global stocks near all-time highs as tech continues rebound Asian stocks advanced as technology shares continued a recovery and oil climbed for a third straight session after entering a ...

Market Review: Gold Rises For Third Day; Pound And Euro Rose

June 23rd, 2017 (0)
Crude set for fifth week of losses; gold rises for third day China shares in Hong Kong gain while Japan equities fluctuate Asian equities are ending the week on a tepid note, with oil remaining below $43 a barrel, ...
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