9:15 am May 26, 2015 | No Comment
For the first time since coming to power in 2002, Turkey's AKP is heading into an election under fire over the economy, thanks to stalling growth, stubbornly high unemployment and worrying levels of household debt.
12:41 pm May 22, 2015 | No Comment
As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand.
9:15 am May 19, 2015 | 2 Comments
For Wijaya Karya, Indonesia’s second-largest state construction firm, the half-year since President Joko Widodo took office with promises of a massive infrastructure push has been as much about waiting as it has been about building.
8:23 pm May 17, 2015 | No Comment
Southeast Asia’s economic boom is resulting in the emergence of a new middle class, heralding vast opportunities for global wealth management, Kevin Martin, head of Retail Banking and Wealth Management Asia-Pacific at HSBC says.
6:03 pm May 17, 2015 | 18 Comments
In the first quarter of 2015, Indonesia’s economy grew by just 4.71 percent, the slowest pace since 2009. Many people blame the new administration of President Joko Widodo for this unfavorable economic achievement.
9:15 am May 9, 2015 | No Comment
It’s become an accepted market fact that Saudi Arabia didn’t cut oil output last year in the face of sliding prices as the world’s biggest crude exporter wanted to maintain market share.
2:58 pm May 8, 2015 | No Comment
If the state of China’s economy was to be judged solely on the strength of imports of major commodities, it would be a reasonable conclusion that things were pretty much fine.
9:27 am May 5, 2015 | No Comment
Scientists say climate change is to blame for uneven rainfall that is cutting yields and lifting costs for tea firms such as McLeod Russel, Tata Global Beverages and Jay Shree Tea.
8:40 am May 3, 2015 | No Comment
While the price of gold has meandered in a narrow range this year, gold equities have improved somewhat and an analysis of relative performance suggests they may have further to rally.
10:31 am May 1, 2015 | No Comment
Many global investors have been wrong-footed by a 7 percent surge in emerging market equities in April, as stellar gains in China lifted the benchmark index to its best monthly showing since early 2012.
2:08 pm April 30, 2015 | No Comment
Initial public offerings have slowed to a trickle in parts of Southeast Asia as the absence of mega deals and volatile currencies sapped sentiment. The smaller pool of offerings may push investors to bull markets such as China, fund managers say.
8:17 am April 30, 2015 | No Comment
The Federal Reserve downgraded its view of the US labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates.
7:42 am April 30, 2015 | No Comment
Brazil again steeply raised interest rates on Wednesday to convince investors that the government is serious about reining in runaway prices, despite fears that aggressive tightening will make an expected recession worse.
5:24 pm April 28, 2015 | No Comment
Norway’s prime minister is fond of saying the nation is facing a “new normal” as a decade-long boom in its petroleum industry starts to fade. Erna Solberg has given little explanation of what that means, except to say that “knowledge is the next oil” and “fish will be Norway’s Ikea,” ideas she echoed in a speech on Friday at her party’s annual convention in Oslo.
12:20 pm April 27, 2015 | No Comment
Pure-play silver miners, a niche investment market popular with retail investors, are moving up the endangered list.