Jun.25 — As last month’s G-7 summit wrapped up in turmoil, Xi Jinping and Vladimir Putin were putting on a very different show for global leaders. The Shanghai Cooperation Organization summit in Qingdao went off without a hitch as the bloc welcomed new members India and Pakistan… Bloomberg’s Tom Mackenzie asked Shanghai Cooperation Organization Secretary General Rashid Alimov how the group has managed to maintain harmony. …read more […]
SINGAPORE (Reuters) – Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
TOKYO (Reuters) – Japan’s Toshiba Corp on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.
TOKYO (Reuters) – Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.
Jun.24 — Xiaomi’s IPO is priced at up to 29.3 times forecast earnings and its CFO says the company deserves such a premium. Bloomberg Intelligence’s Vey-Sern Ling discusses the IPO on “Bloomberg Markets: Asia.” …read more […]
Jun.24 — The Shanghai Composite is teetering on the edge of a bear market as investors face the possibility of a U.S.-China trade war. Bloomberg’s Divya Balji reports on “Bloomberg Markets: Asia.” …read more […]
China’s Hainan island has released plans to give tourists access to Facebook, YouTube, and Twitter in parts of two cities. A partial lifting of the county’s “Great Firewall” is part of an attempt to make the southern island a free trade zone and tourist hub. The local government’s plan is no longer available online. …read more […]
Over the past 10 years Ascendas Real Estate Investment Trust (SGX:A17U) has returned an average of 7.00% per year from dividend payouts. The company currently pays out a dividend yieldRead More… …read more […]
WASHINGTON (Reuters) – The U.S. Treasury Department is crafting rules that would block firms with at least 25 percent Chinese ownership from buying U.S. companies involved in “industrially significant technology,” the Wall Street Journal reported on Sunday.
Jun.24 — Eleanor Creagh, market strategist for Saxo Capital Markets, talks about the Chinese central bank’s decision to cut the amount of cash some lenders must hold as reserves, and the implications for the nation’s stock market. She speaks on “Bloomberg Daybreak: Asia” with Yvonne Man and Haidi Lun, …read more […]
TOKYO (Reuters) – Asian shares got the week off to a cautious start on Monday amid lingering concerns about escalating trade frictions while U.S. oil prices maintained hefty gains made after major oil producers had agreed on a modest increase in production.
Jun.24 — Matt Sallee, senior managing director at Tortoise, discusses the OPEC supply boost and his outlook for production. He speaks on “Bloomberg Daybreak: Asia.” …read more […]
TORONTO (Reuters) – Bombardier Inc and its Canadian workers who assemble turboprops and the company’s new top-of-the-line business jet have reached a new labor agreement, averting a potential strike, the company said on Sunday.
SINGAPORE (Reuters) – Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
The coffee giant’s stock may have taken a hit, but its dividend yield is looking very compelling. …read more […]
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