Recent Articles

Apple to power Singapore operations with renewable energy

Apple to power Singapore operations with renewable energy

SAN FRANCISCO: Apple announced on Sunday that it has struck a deal to power all of its Singapore operations with renewable energy, the latest in a series of steps from the company to turn its operations worldwide green. Starting in January, solar energy developer Sunseap Group will provide Apple with 100 percent renewable electricity from […]

November 16, 2015 | By | Reply More
Paris attacks seen causing short-term global markets drop

Paris attacks seen causing short-term global markets drop

SYDNEY/TOKYO: Global stocks are set for a short-term sell-off on Monday after Islamist militants launched coordinated attacks across Paris that killed 129 people, but few strategists expect a prolonged economic impact or change in prevailing market directions. If anything, any initial damage to economic confidence, tourism and trade within Europe will likely reinforce the European […]

November 16, 2015 | By | Reply More
Fading SE Asian stock recovery puts focus on robust infrastructure story

Fading SE Asian stock recovery puts focus on robust infrastructure story

BANGKOK/SINGAPORE: As a broad-based recovery in Southeast Asian stocks from this year’s bear market lows fades, investors are now pivoting to bottom-up strategies and selectively seeking stocks exposed to the region’s more enduring growth themes. The MSCI index of Southeast Asia, a benchmark of the region’s biggest stocks, plunged 28 percent in the five months […]

November 16, 2015 | By | Reply More
Japan's Amari: economy recovering moderately albeit some weakness

Japan's Amari: economy recovering moderately albeit some weakness

TOKYO: Japanese Economics Minister Akira Amari said on Monday that the economy was in a moderate recovery trend albeit some weakness and that it would continue to improve gradually even though overseas economies posed downside risks. Amari made the remarks after government’s preliminary data showed the economy shrank an annualized 0.8 percent in July-September, marking […]

November 16, 2015 | By | Reply More
Japan relapses into recession in July-Sept, blow to Abenomics

Japan relapses into recession in July-Sept, blow to Abenomics

TOKYO: Japan’s economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment, keeping policymakers under pressure to deploy new stimulus measures to support a fragile recovery. A rebound in private consumption and exports offered some hope the world’s third-largest economy is emerging from the doldrums, despite slowing Chinese demand […]

November 16, 2015 | By | Reply More
Asian shares, euro skid after Paris attacks

Asian shares, euro skid after Paris attacks

TOKYO: Asian shares and U.S. stock futures were lower and the euro skidded in early Asian trading on Monday in the wake of Friday’s deadly attacks in Paris, with stocks taking their cue from poor investor appetite for risk after the assault and Wall Street’s steep losses. MSCI’s broadest index of Asia-Pacific shares outside Japan […]

November 16, 2015 | By | Reply More
Stock futures extend Friday losses in the wake of Paris attacks

Stock futures extend Friday losses in the wake of Paris attacks

NEW YORK: U.S. equity futures opened lower on Sunday, following coordinated attacks in Paris on Friday that killed more than 130 people. The attacks unfolded after markets closed in the United States, but equity futures added to losses in light volume in after-hours Friday trading after reports hit the news and images were shared on […]

November 16, 2015 | By | Reply More
US stock futures, euro skid after Paris attacks

US stock futures, euro skid after Paris attacks

TOKYO: U.S. stock futures were sharply lower and the euro skidded in early Asian trading on Monday in the wake of Friday’s deadly attacks in Paris, with stocks expected to take their cue from poor investor appetite for risk after the assault and Wall Street’s steep losses. S&P 500 futures were down 0.8 percent, after […]

November 16, 2015 | By | Reply More
Euro under pressure after Paris attacks

Euro under pressure after Paris attacks

TOKYO: The euro was under pressure in early Asian trading on Monday in the wake of Friday’s deadly attacks in Paris, with stocks expected to take their cue from poor investor appetite for risk after the assault and steep losses on Wall Street. News of the attacks by gunmen and bombers that killed 132 people […]

November 15, 2015 | By | Reply More
Stock futures open lower in wake of Paris attacks

Stock futures open lower in wake of Paris attacks

NEW YORK: U.S. stock index futures opened lower on Sunday in the wake of Friday’s coordinated attacks in Paris that left more than 130 dead. At 18:05 EST S&P 500 e-minis were down 15.5 points, or 0.77 percent, with 17,546 contracts changing hands. Nasdaq 100 e-minis were down 39.75 points, or 0.88 percent, in volume […]

November 15, 2015 | By | Reply More