Search Results for: Hong Kong
Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap
February 23rd, 2017
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese shares slipping after minutes from the Federal Reserve’s latest meeting ...
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
HSBC announced 2016 Results; $1.0bn share buy-back
February 21st, 2017
Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive management actions, including the sale of operations in Brazil Generated ...
Asia stocks consolidate recent gains; China shines
February 21st, 2017
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest economy may have turned a corner. MSCI’s broadest index of ...
Asia Shares Gain as Yen Weakens; Unilever in Focus: Markets Wrap
February 20th, 2017
Kraft Heinz withdraws its $143 billion bid for Unilever U.S. stock and bond markets closed Monday for President’s Day Asian stocks rose, as Tokyo shares erased morning losses after the yen weakened and Hong Kong equities resumed a rally. ...
UAE among top 20 countries for entrepreneurs, says Ashish Thakkar
February 17th, 2017
The UAE ranks among the world’s top 20 nations offering the best environment for entrepreneurs, according to a report by Mara Foundation and Opinium Research. The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
HKEX to Introduce its First RMB Currency Options on 20 March
February 16th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its planned Renminbi (RMB) Currency Options on Monday, 20 March 2017. The US dollar-Offshore RMB (USD/CNH) Options will be the first currency options traded at HKEX. The eight contract months ...
Asia Stock rally fizzles as bonds gain; Dollar weakens
February 16th, 2017
Dollar weakens while Treasuries halt a five-day slide MSCI All-Country World Index hit a record on Wednesday The reflation trade rally that sent global equities soaring to the highest level on record was cut short during Asian hours as ...
Asia stocks at 19-month high, dollar up
February 15th, 2017
Asian stocks scaled 19-month peaks on Wednesday, helped by a record-setting night on Wall Street after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month, keeping the dollar near three-week highs. Spreadbetters saw the boon ...
