Forex trends Tuesday: Parliament’s Brexit vote closely eyed for sterling direction
The pound sterling may have steadied from its recent losses, but Kathy Lien, managing director of foreign-exchange strategy at BK Asset Management, is calling it…
Economy and Trade
Asia market trends Tuesday: China concerns may continue to weigh shares
Asian markets are expected to open on Tuesday with negative leads, as Wall Street and oil prices fell, weighed by fresh concerns over slowing economic…
Forex trends Monday: Euro retraces some recent gains amid weaker economic data
The euro gave up some of its recent gains on Friday, while the pound sterling retraced some of its recent losses on hopes the U.K….
Asia market trends Monday: US shutdown, Brexit worries may stall recovery
Shares around the region may stumble on Monday, tracking a trading hiccup on Wall Street on Friday, as geopolitical worries weighed on sentiment, potentially ending…
Forex trends Friday: Euro rallies against dollar; DBS forecasts weaker Singapore dollar
The euro rallied on Thursday amid further dovish signals from U.S. policy makers, while DBS forecast that the Singapore dollar would depreciate this year. In…
Asia market trends Friday: Wall Street extends post-Christmas rally
Asian markets may end the week on a positive note after Wall Street extended gains on Thursday for a fifth straight session amid signs the…
Nomura: Upgrades Philippines shares, downgrades Malaysia in Southeast Asia outlook
Southeast Asian shares are expected to have a better year after a tough 2018, Nomura said, but said it preferred domestic demand stories and was…
Forex trends Thursday: ‘Dovish’ Fed minutes weigh on greenback
The U.S. dollar extended recent declines on Wednesday as the release of the latest Fed meeting minutes spurred expectations the central bank may take a…
Asia market trends Thursday: Optimism over US-China trade talks may fade
Asian markets may stumble on Thursday after a days-long rally, with Japan’s shares opening lower as regional traders may not share Wall Street’s unfettered optimism over…
Forex trends Wednesday: Dollar retraces some recent losses
The dollar steadied and regained some lost ground on Tuesday, as markets walked back some of their more-dovish expectations for U.S. interest rates. Traders had…
Asia market trends Wednesday: Rally may extend amid optimism over US-China trade talks
Asian markets may extend their recent rally on Wednesday, catching some of Wall Street’s optimism that the ongoing trade talks between the U.S. and China…
HPHT enters tie-up with Hong Kong port operators to manage combined terminals
Hutchison Port Holdings Trust (HPHT) said on Tuesday that its wholly owned subsidiary Hongkong International Terminals (HIT) entered into a joint operation agreement with Modern…
Forex trends Tuesday: US dollar slumps as Powell comments dampen rate hike view
The U.S. dollar retreated Monday, with currencies across much of Asia stronger against the greenback, as U.S. Federal Reserve chief Jerome Powell’s comments last week spurred…
Asia market trends Tuesday: US-China trade talks may spur market optimism
Asian shares may eke out further gains on Tuesday, potentially tracking Wall Street’s rise as U.S.-China trade talks began. As negotiations commenced Monday, markets appeared optimistic…
Forex Trends Monday: Strong jobs data fails to boost US dollar
Strong U.S. jobs data on Friday failed to boost the U.S. dollar after somewhat more dovish comments from U.S. Federal Reserve chief Jerome Powell. Powell…
Asia market trends Monday: Shares may track Wall Street’s rally on jobs data
Asian markets appear set for a rally on Monday, tracking sharp gains on Wall Street on Friday amid signs the U.S. Federal Reserve may pause…
Phillip Capital: Top 10 Singapore stock picks for this year
Despite slowing economic growth momentum globally, Singapore’s market is set to post positive returns this year, with funds set to head back into the city-state…
Forex trends Friday: Market ructions and economic worries push yen higher
The yen continued to trade on the strong side on Thursday, although it retraced some of its gains during the session, amid market volatility and…
Asia market trends Friday: Wall Street tumbles as Apple slashes guidance, US data misses
Asian markets may extend recent losses on Friday after Wall Street tumbled Thursday amid a mix of Apple’s slashed revenue guidance and fears over signs…
Forex trends Thursday: Yen surges amid concerns US economy will slow
The safe-haven yen surged on Wednesday before retracing some of its gains amid concerns over a U.S. economic slowdown. “If you embrace the idea of…
Asia market trends Thursday: Apple slashes guidance on China slowdown
Despite Wall Street’s recovery from early losses in Wednesday trade, Asian shares appear set to start Thursday in the red after Apple slashed its guidance,…
UPDATE: Singapore economic growth tipped to slow further in 2019
Singapore’s economic growth was expected to slow further heading into 2019, amid forecasts for weaker global demand and concerns over the U.S. trade war, analysts…
Singapore GDP growth slows to 2.2 percent in 4Q18, missing forecasts
Singapore’s gross domestic product (GDP) grew 2.2 percent on-year in the fourth quarter, down from 2.3 percent in the previous period, missing economists’ forecasts, according…
Forex trends Wednesday: US dollar may remain on the back foot
The U.S. dollar was on the retreat Wednesday, particularly against the yen, and analysts were pointing to the likelihood that the greenback would remain on…
Asia market trends Wednesday: Holiday mood may not extend to markets
Markets around the region may be groggy on Wednesday after the long Christmas and New Year’s holidays, but the mood could be on the grim…
