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Asian Markets

By in Asia on May 18, 2020
ASIA • Markets
Sensex Tanks 549 Points, Nifty Ends Below 14,450
January 15, 2021
Indian shares ended deep in the red on Friday, as concerns over stretched valuation of financial assets coupled with signs of a resurgence of Covid-19 cases in countries like Europe and China offset investor optimism over the unveiling of a$1.9 trillion US stimulus plan. The benchmark S&P BSE Sensex...-- Delivered by Feed43 service
Asian Shares Mixed As U.S.-China Tensions Rise
January 15, 2021
Asian stocks ended mixed on Friday as worries about rising U.S.-China tensions offset investor optimism over U.S. President-elect Joe Biden announcing a $1.9 trillion stimulus package to boost the world's largest economy. Biden revealed details of the $1.9 trillion stimulus proposal to support American...-- Delivered by Feed43 service
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Chinese investors can soothe Xiaomi's US pains
January 15, 2021
IT'S good to be able to turn to friends for support. Chinese phone maker Xiaomi lost some US$10 billion in market value following its addition to a US blacklist of companies deemed to have military ties. Others already tagged, including China Mobile, have recently seen local buying ease the pain of US selling. Xiaomi, a market darling, can expect something similar.
GL shares soar to 10-month high after proposed privatisation of firm
January 15, 2021
SHARES of mainboard-listed GL Limited hit a 10-month high on Friday, following news of a proposed privatisation. This came after the hotel operator lifted its trading halt during the midday break.
First Reit FY2020 DPU falls 51.7% to 4.15 Singapore cents
January 15, 2021
FIRST Reit on Thursday night reported a distribution per unit (DPU) of 4.15 Singapore cents for FY2020, down 51.7 per cent from its FY2019 DPU of 8.6 cents.
OCBC turns positive on aviation but maintains 'sell' on SIA
January 15, 2021
OCBC Investment Research has turned more positive on the aviation sector given recent progress on Covid-19 vaccines and easing travel restrictions, which fuel the research house's expectations of a gradual recovery in 2021.
iFast cites contract bids, news and industry reports in response to SGX queries on share price surge
January 15, 2021
THE share price of wealth management platform iFast Corp burst out of the blocks on Friday, which drew another query from the Singapore Exchange (SGX) over the "unusual price movements".
Singapore's GIC invests in software consultancy ThoughtWorks
January 15, 2021
SINGAPORE sovereign investor GIC and Abu Dhabi's Mubadala are two new investors in global software consultancy ThoughtWorks, the target company said on Friday.
Lian Beng Group to buy BreadTalk IHQ building in S$118m sale-and-leaseback deal
January 15, 2021
A CONSORTIUM led by mainboard-listed Lian Beng Group is set to buy the BreadTalk IHQ Building in Tai Seng in an S$118 million sale-and-leaseback deal.
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