Singapore Is Asia’s Best at Attracting Talent for Fifth Year Running
Bloomberg–6 hours ago
Singapore ranked the highest in Asia in attracting and fostering talent for the fifth consecutive year, a reflection of city state’s strong education system and its ability to build a diverse workforce. It took the No. 2 spot behind Switzerland on the Global Talent Competitiveness Index, published by French …
Syria Hangs Over Assets as Trade Tensions Recede: Markets Wrap
Bloomberg–3 hours ago
“The market is very, very fickle,” said Stephen Innes, head of trading for Asia Pacific at Oanda Corp. in Singapore. There are “so many potential risk aversion embers waiting to ignite, it’s scary: Mueller, Syria, Iran for starters, but we still have no idea how this Kim-Trump affair will play out. It’s incredibly tough …
Minding the Gaps to Deliver Prosperity for Asia
International Monetary Fund–Apr 10, 2018
Sixty-six percent of 3.9, times two equals Asia. What do I mean? Asia contributes two thirds of global growth, forecast at 3.9 percent, this year and next. This underscores the importance of this region. To borrow from the great French writer, Simone de Beauvoir, who said: “Life begins at 40.” I congratulate …
ADB raises Asia growth outlook, warns of trade tension risks
The Mainichi–7 hours ago
“Recent U.S. tariffs on select products have not yet dented trade, but further actions by the U.S. and counteractions against them could undermine business and consumer confidence in Asia and the Pacific,” the report said. Growth in China’s economy, the world’s second biggest, is set to cool to 6.6 percent …
ADB Sees Asia’s 2018 Growth at 6 Percent, but Warns of Trade Risks
U.S. News & World Report–9 hours ago
U.S. News & World Report–9 hours ago
Morgan Stanley Just Gave Up Predicting More Gains for Asia Stocks
Bloomberg–8 hours ago
That’s according to strategists at Morgan Stanley, who slashed year-end targets for seven benchmarks in the region, including their largest downgrade for Japan in almost two years. The first cut to the MSCI Emerging Markets Index since early 2016 implies no further gains for the gauge this year, while …
Poachers Load Up On California Coastal Succulents, Sell Them In …
Capital Public Radio News–Apr 9, 2018
Foy says, in Asia they’re sold as decorations for up to $50. About a year ago, Foy says, the department began getting tips that people were flying into San Francisco, renting a car and dropping people off at night to steal the succulents. “In localized areas it’s pretty bad,” Foy said. “These folks are going in and …
US Stocks Surge After China’s Xi Eases Trade Fears
Wall Street Journal–21 hours ago
Major U.S. stock indexes climbed Tuesday, with the Dow adding more than 400 points, as remarks from Chinese President Xi Jinping soothed concerns about a trade war that had rattled markets in recent weeks. The gains were broad-based with nine of 11 sectors in the S&P 500 marching higher. Energy …
Stocks Rally Falters Late Amid Political Risks: Markets Wrap
Bloomberg–Apr 9, 2018
Fears that China and the U.S. would escalate a trade war took a back seat Monday after equities rose in Asia and Europe, though shares in sectors that would be hit hardest by a trade spat underperformed. Strength in chipmakers pushed the Nasdaq 100 Index up more than 2.5 percent, but that rally faded …
Stocks Rally Amid US, China Conciliatory Remarks: Markets Wrap
Bloomberg–Apr 9, 2018
Major U.S. equity indexes spiked higher Tuesday afternoon following Trump praise of Xi’s “kind words on tariffs and automobile barriers.” Earlier, in a keynote address before the Boao Forum for Asia, China’s leader backed free trade and dialog to resolve disputes and pledged to open the nation’s banking …
Asia’s Hottest Stock Is a Bet on China’s Military Expansion
Bloomberg–Apr 9, 2018
China’s push to bolster its military firepower has turned a state-run aviation stock into one of Asia’s best performers this year. AviChina Industry & Technology Co., a maker of training jets, transport helicopters and airplane electronics systems, jumped 40 percent in Hong Kong since the start of February …
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