10h45 The Kuwait Investment Authority
(KIA) began increasing its exposure to bonds and cash two years
ago to boost liquidity in its portfolio as the global economy
showed signs of weakness, Kuwaiti newspaper Alqabas reported. . .
09h31 Weakness in banking shares pushed indexes in Saudi
Arabia and Abu Dhabi lower in early trade on Sunday, while Qatari stocks
rebounded on demand for Industries Qatar, which bounced back after sharp losses
this. . .
17/08 Indian security forces
injured at least six people on Saturday in Srinagar, the main
city in the Indian-controlled part of Kashmir, as several
protests broke out against New Delhi's revocation of the
region's autonomy last. . .
17/08 India has initiated a probe into
whether a jump in refined palm oil shipments from Malaysia is
causing serious injury to domestic industry, the trade
ministry's investigative arm said in a statement.. . .
17/08 China's central bank unveiled a
key interest rate reform on Saturday to help steer borrowing
costs lower for companies and support a slowing economy that has
been hurt by a trade war with the. . .
16/08 Canada on Friday announced a
multi-billion dollar contract with General Dynamics Corp
for equipment that will be manufactured in a region where the
ruling Liberals need to do well in an October election.. . .
16/08 High prices prompted
Asian consumers to sell back physical gold this week to lock in
profits, though price dips still attracted buying as economic
jitters burnished the metal's appeal as a haven from risk.. . .
16/08 China's state planner said on
Friday it would roll out a plan to boost disposable income this
year and in 2020 to spur private consumption, a major plank in
the world's second-biggest economy.. . .
16/08 Turkish industrial production
fell for the tenth consecutive month in June, data showed on
Friday, offering few signs of a pick-up in economic growth as
domestic demand remains weak after last year's currency crisis.. . .
16/08 Thai shares gained on Friday, in line
with broader Asian peers, as the local government hinted plans
of an economic stimulus shortly after China prepped plans to
boost its disposable income, while the Singapore. . .
16/08 While in the
Indian Ocean heading toward the Strait of Malacca, the very
large crude carrier (VLCC) Pacific Bravo went dark on June 5,
shutting off the transponder that signals its position and
direction to. . .
16/08 Taiwan raised its 2019 economic
growth forecast on Friday, with prospects lifted by more
factories moving production to the island from China despite
worries about slowing technology demand and the Sino-U.S. trade
war.. . .
16/08 Hong Kong is on the verge of
its first recession in a decade as increasingly violent
anti-government protests scare off tourists and bite into retail
sales in one of the world's most popular shopping. . .
16/08 The Chinese court auctioning off
inventory formerly held by the now-defunct Fanya Metal Exchange
has put two batches of rare earths, with a market value of
around $41.5 million, up for sale on Aug.. . .
16/08 The Australia and New Zealand
Banking Group (ANZ) slashed its forecast for India's economic
growth to 6.2% in the financial year ending next March from a
previous estimate of 6.5%, warning it would be. . .
16/08 Chinese city-gas distributor Shenzhen Gas
will launch next week in southern China its first fully-owned
terminal to import liquefied natural gas (LNG), a company executive told Reuters
on Friday.. . .
16/08 Foreigners were net sellers of Japanese
stocks for a second straight week in the week ended Aug. 9 on
renewed worries over the Sino-U.S. trade war, after the
announcement of fresh U.S. tariffs on. . .
16/08 Indonesia's president on Friday
proposed to move the capital from Jakarta, a crowded, polluted
city of 10 million people, to the island of Borneo, though he
left Indonesians guessing as to the exact location.. . .
16/08 Ping An Insurance
(Group) Co of China, the country's largest insurer by market
value, said on Friday Hong Kong remains an important hub despite
escalating mass protests, a day after it posted its strongest
half-year. . .
16/08 Japanese shares edged up Friday
after markets in China and Hong Kong found some stability amid
ongoing unrest in Hong Kong, but the gains were limited by
nagging fears of a global economic slowdown.. . .
16/08 Maturing Chinese central bank reverse
bond repurchase agreements will drain 300 billion yuan ($42.63
billion) next week.
The People's Bank of China (PBOC) has drained 540 billion
yuan on a net. . .
16/08 Thailand aims for economic
growth of at least 3% this year and 3.5% next year, a government
official said on Friday, after it announced a multi-billion
dollar plan to shore up faltering activity.. . .
16/08 Indonesia should do more to
develop downstream industries to process natural and mineral
resources domestically, bolstering Southeast Asia's largest
economy, President Joko Widodo said in his state of the union
address to parliament on Friday.. . .
16/08 Japanese government bond prices
were flat to a touch lower on Friday, with the safe-haven debt
market's rally stalling as risk aversion in the broader markets
ebbed, allowing equities to bounce back.. . .
16/08 China and Hong Kong stocks
extended their rally on Friday, bolstered by gains in consumer
names, as Beijing seeks to further boost consumption and shore
up falling growth amid the trade war.. . .
16/08 Indonesian President Joko Widodo
on Friday formally proposed to parliament a plan to move the
country's capital from Jakarta, on the crowded island of Java,
to Kalimantan on the island of Borneo.. . .
15/08 Most Southeast Asian stock markets ended
lower on Thursday, tracking a global downturn in equities as an
inversion in the U.S. bond yield curve triggered recession
fears, while the Vietnam index closed at its. . .
15/08 China's new home prices rose in
July as the property sector held up as one of the few bright
spots in the slowing economy, although easing momentum in some
markets took immediate pressure off. . .
15/08 Japanese companies have cancelled
plans to build about 4,800 megawatts (MW) of coal-fired power
generation capacity since 2017, according to a Reuters survey.
Nevertheless the country still plans a wave. . .
15/08 Thailand will ban the import of
pigs from Myanmar for 90 days, the country's livestock
department told Reuters on Thursday, after the neighboring
country confirmed its first case of the African swine fever this
week.. . .
15/08 A former senior official at a
Chinese financial regulator has been named chairman of Tianjin
Rural Commercial Bank, the lender said, as more government
officials take top roles at regional lenders to improve
corporate governance.. . .
15/08 Japan's Nikkei hit a nine-day low
on Thursday as resurgent global recession fears triggered a Wall
Street slide and sent the safe-haven yen higher, weighing
heavily on the country's export firms.. . .
15/08 China's central bank on
Thursday lent 400 billion yuan ($56.90 billion) to financial
institutions via its one-year medium-term lending facility
(MLF), with the interest rate unchanged, it said in a statement.. . .
14/08 Indian shadow bank Infrastructure
Leasing & Financial Services (IL&FS), which collapsed late last
year, may not have disclosed bad loans on its books for years
despite a big part of its loan book having. . .
14/08 Monsoon rains in India in the
week through Wednesday were above average for a third straight
week, the weather office said, easing concerns of drought,
although excessive rainfall flooded many districts in the
southern and. . .
14/08 India is set to test using
liquefied natural gas (LNG) to power fishing boats ahead of
stricter international rules on marine fuel emissions next year,
in a move that could help an under-used LNG. . .
14/08 Most Southeast Asian stock markets ended
higher on Wednesday, in line with global peers, after Washington
delayed some tariffs on Chinese imports in much-needed relief
for financial markets gripped in economic turmoil.. . .
14/08 Thousands of South Koreans
protested outside Japan's embassy in Seoul on Wednesday and city
officials unveiled a new memorial to wartime 'comfort women' at
the centre of a row over the two countries' shared. . .
14/08 Indonesia's Energy and Mineral
Resources Ministry said biodiesel with 30% palm diesel blend
passed a series of cold temperature tests this week as the
government aim to increase the palm content in biodiesel early
next. . .
14/08 An influential Chinese think
tank is calling on the government to set absolute caps on
climate-warming greenhouse gas to ensure the country is on
course for emissions to peak by the end of the. . .
14/08 Japanese drugstore giant
MatsumotoKiyoshi Holdings said it was starting talks to
merge with rival Cocokara Fine Inc, possibly creating
the country's biggest chain of discount pharmacies with nearly
$10 billion in annual sales.. . .
14/08 China's monthly crude steel
output fell for a second straight month in July, official data
showed on Wednesday, as steel mills trimmed output amid
heightened environmental measures and record raw material
prices.. . .
14/08 China's coal output fell in July
from June's record production, official data showed on
Wednesday, despite strong demand from electricity utilities to
power air conditioners during the hot summer months.. . .
14/08 Japanese stocks bounced on
Wednesday, after Washington delayed tariffs on some Chinese
imports in much-needed reprieve for markets, with chipmaking
sectors and Apple-related firms enjoying the tailwind the most.. . .
14/08 China's primary aluminium output
fell on a daily basis in July from the month before, according
to Reuters calculations based on official data released on
Wednesday, as the reported closure of a key smelter. . .
14/08 China's property investment
slowed to its weakest pace this year in a sign the housing
market's resilience may be waning as Beijing toughens its
crackdown on speculative investments and holds back on new
stimulus.. . .
14/08 Japanese and South Korean vice
foreign ministers will meet this week to discuss the issue of
forced World War Two labourers, Kyodo News reported on
Wednesday, amid an escalating diplomatic and economic feud
between the. . .
14/08 Japan's core machinery orders
unexpectedly rebounded in June to post their largest monthly
expansion on record, in a sign corporate investment remains
resilient to slowing global growth and international trade
frictions.. . .
14/08 Following is a breakdown of China's
industrial output for July, published by the National Bureau of
Statistics on Wednesday.
(Percent change from a year earlier, except for sales/output
ratio):. . .
14/08 Following is a breakdown of China's
fixed-asset investment for the year to date, published by the
National Bureau of Statistics on Wednesday.
(Percent change from a year earlier, year to date):. . .
13/08 Indian authorities
need more time to restore order in Kashmir, a Supreme Court
justice said on Tuesday as a security clampdown entered a ninth
day since New Delhi revoked the region's special status,
triggering protests.. . .
13/08 India's retail inflation rate
eased slightly in July, staying below the central bank's 4%
medium-term target for a 12th straight month, strengthening
views that there will be a policy rate cut in October.. . .
13/08 Southeast Asian stock markets ended lower
on Tuesday, tracking global peers, with bellwether Singapore
cutting its growth outlook as geopolitical tensions over Hong
Kong protests and the Sino-U.S. trade dispute dented investor
sentiment.. . .
13/08 Reliance Industries
shares saw their biggest intraday rise in more than a decade on
Tuesday, after the company set a target to reach zero net debt
in 18 months and vowed to reward shareholders. . .
13/08 Indonesia may require an
estimated $15 billion in investment to meet its target of
reaching 7.2 gigawatts (GW) of geothermal power capacity by 2025
and is studying ways to reduce project costs, an energy. . .
13/08 The Hong Kong stock market on
Tuesday fell to its lowest level in over seven months, as
escalating anti-government protests left the city's airport in a
gridlock on Monday.
** At the close of trade,. . .
13/08 Chinese shares fell on Tuesday
after data showed banks extended fewer-than-expected new loans
** The Shanghai Composite index closed down 0.6% at
2,797.26, while the blue-chip CSI300 index ended 0.9%
** CSI300's with financial. . .
13/08 Malaysian palm oil
end-stocks fell unexpectedly in July, slipping to a one-year
low, as exports outpaced forecasts and imports fell sharply from
the previous month, industry regulator data showed on Tuesday.. . .
13/08 Indonesia is likely to have
swung back to a trade deficit in July, which would snap a
two-month streak of trade surplus, as the country's exports and
imports are seen plunging amid broader weakness. . .
13/08 Singapore slashed its
full-year economic growth forecast on Tuesday as global
conditions were seen worsening and data confirmed the slowest
growth rate in a decade amid mounting fears of recession in the
city-state.. . .
13/08 Shares in mainland China fell
on Tuesday after data showed banks gave out fewer new loans than
expected in July to support slowing economic growth, while
escalating protests in Hong Kong dampened sentiment.. . .
13/08 Japanese shares shed more than 1%
on Tuesday on the first trading day after a long weekend, as a
firmer yen and fresh worries about the escalating U.S.-China
trade war hit cyclical and exporter. . .
12/08 Hong Kong's airport halted
flights on Monday, blaming demonstrators for the disruption,
while China said the anti-government protests that have swept
the city over the past two months had begun to show "sprouts of
terrorism".. . .
12/08 Indian security forces kept
disputed Kashmir's biggest city of Srinagar largely locked down
on Monday, the Muslim festival of Eid al-Adha, to prevent any
major protests against a decision that scrapped the Himalayan
region’s special. . .
12/08 China's aviation authority
said on Monday that in light of situation in Hong Kong, it will
increase transfer capacity in the Greater Bay Area airports to
avoid disruption to trips between the mainland and. . .
12/08 Indonesia aims to speed up
enforcement of a ban on mineral ore exports that is currently
due to come into force in 2020, news website Detik.com quoted
coordinating minister for maritime affairs Luhut Pandjaitan. . .
12/08 Indonesian president Joko Widodo
wants biodiesel with a 30% bio-content, known as B30, to be in
use by January 2020 to increase palm oil consumption and reduce
energy imports, the Cabinet Secretary office said. . .
12/08 China's banks extended
surprisingly fewer new yuan loans in July, while growth of money
supply and total social financing also slowed, raising pressure
on the central bank to ease policy further to support the
slowing. . .
12/08 Chinese commercial banks'
non-performing loan (NPL) ratio stood at 1.81% at the end of
June, slightly higher than 1.8% at the end of the first quarter,
the country's banking and insurance regulator said on. . .
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