Jun.15 — Dawn Soo, head of wellness at Cigna International Markets, discusses the company’s Covid-19 global impact study which studies the impact of the virus on people’s well-being. She speaks on “Bloomberg Markets: Asia.” …read more […]
Jun.15 — Aradhna Dayal, founder and chief executive officer at Access Alts Asia, discusses how family offices have performed so far this year and how they’ve changed their strategy amid the coronavirus pandemic. She speaks on “Bloomberg Markets: Asia.” …read more […]
World’s largest oil exporter Saudi Aramco has reduced the volume of July-loading crude that it will supply to at least five buyers in Asia, seven sources said on Monday. The cuts were mainly for medium and heavy grades and were seen at refineries in countries such as China, the sources with knowledge of the matter said. The sources declined to be named due to sensitivity of the matter. …read more […]
China’s factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile.
Jun.15 — Fears and concerns over a second wave of coronavirus infections are growing in Beijing and threatening an economic recovery. A wholesale market has been shut and nearby housing districts are under lockdown after dozens of people tested positive for the virus. Also, a district-level official has been fired and others are under investigation over this outbreak. Bloomberg’s Sharon Chen reports on “Bloomberg Markets: Asia.” …read more […]
Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could weigh on the recovery of fuel demand.
Jun.14 — Atlanta has become the new focus of the nationwide U.S. racism protests after the city police chief resigned following the killing of a black man by a white officer. More than 3 dozen people were arrested after protesters set fire to the restaurant where the shooting happened. Bloomberg’s Jodi Schneider reports on “Bloomberg Markets: Asia.” …read more […]
Jun.14 — Hong Kong seems to have avoided a wave of capital outflows that many feared after Beijing moved to impose a national security law on the city, but there is still growing anecdotal evidence that the city’s rich are increasingly hedging their bets by opening offshore bank accounts and applying for alternative passports. Bloomberg’s Eric Lam reports on “Bloomberg Markets: China Open.” …read more […]
Jun.14 — China has reported 49 new coronavirus cases as fears mount of a second wave. 36 of those cases are in Beijing linked to a market which is now closed. Bloomberg’s John Liu reports on “Bloomberg Daybreak: Asia.” …read more […]
Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.
Volkswagen AG’s Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for “preparation and training eyeing a gradual start further ahead,” the company said in a statement on Sunday.
Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery. Brent crude futures fell 66 cents, or 1.7%, at $38.07 a barrel as of 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 81 cents, or 2.2%, to $35.45 a barrel. Both benchmarks ended down about 8% last week, their first weekly declines since April, hit by the U.S. coronavirus concerns: More than 25,000 …read more […]
In this article we will take a look at whether hedge funds think Anavex Life Sciences Corp. (NASDAQ:AVXL) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […] …read more […]
Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.
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