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A service for banking industry professionals · Monday, December 2, 2024 · 765,440,053 Articles · 3+ Million Readers
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China, Taiwan & Hong Kong Banking Industry News  •••  Topics

China, Taiwan & Hong Kong Banking Industry Newswire

  • Published on 05:13 GMT

    Gold prices dip as Trump tariff threat supports dollar

    Investing.com-- Gold prices fell in Asian trade on Monday, pressured by a stronger dollar after U.S. President-elect Donald Trump threatened to impose steep tariffs on the BRICS group of countries. Safe haven demand for gold was also stymied by signs that …

    Source: Investing - Neutral
  • Published on 05:44 GMT

    Hard to see how meat processing consolidation would work

    At first glance Silver Fern Farms’ interest in being part of Alliance’s future sounds like a potentially positive outcome to the problem of too much capacity chasing too little livestock. The Dunedin based processor’s chief executive Dan Boulton has …

    Source: interest.co.nz - Neutral
  • Published on 11:44 GMT

    Tencent’s new survival game leans heavily on Horizon Zero Dawn aesthetics

    On November 28, Tencent’s Polaris Quest officially revealed its latest game, Light of Motiram, on the Steam platform, with the launch date soon to be announced. The game, Tencent’s second foray into the open-world survival genre, follows its receipt of a …

    Source: KrASIA - Neutral
  • Published on 11:39 GMT

    Asian countries take the lead in IT outsourcing, with Vietnam at the forefront

    Share Tweet Share Share Email   The IT outsourcing market in Asia is rapidly growing, becoming a leading hub for IT services for businesses worldwide. Factors such as competitive costs and a highly skilled workforce have helped the region establish a …

    Source: TechBullion - Neutral
  • Published on 11:43 GMT

    Futures cautious, XRP in top spot, gold faces more headwinds

    By Naeem Aslam   European and US futures started the first trading day of December on a soft note as traders focus on two key factors. First, the stellar rally in equity markets throughout 2024, coupled with the strong performance most stock indices posted …

    Source: Financial Mirror - Neutral
  • Published on 08:59 GMT

    International Public Partnerships reports steady performance, Wall Street hits new record highs

    Stocks to watch International Public Partnerships reported steady portfolio progress between July and November on Monday, emphasising capital recycling through £40m in realisations and share buybacks totaling £38m. It reaffirmed its 2024 dividend target of …

    Source: ShareCast - Label Pending
  • Published on 08:25 GMT

    Trump 16-17 Vs. Trump 24 -25: The Stock Market 'Math' Still Looks Complicated

    Barrons (www.barrons.com) had a good article (subscription may be required) on the prospects for 2025 stock market returns this weekend, and it echoed or used the same logic as this blog’s November 10th ’24 article from a weeks ago. That being said, so …

    Source: Investing - Neutral
  • Published on 08:05 GMT

    Oil Markets on Edge Amid OPEC+ Output Policy and European Gas Concerns

    OPEC+ meet this week to discuss output policy for 2025, which will be important for price direction. Meanwhile, European gas prices moved higher on Friday with concern growing over a tighter-than-expected balance Energy - OPEC+ Meet This Week Oil prices …

    Source: Investing - Neutral
  • Published on 08:27 GMT

    European markets mixed, Stellantis CEO resigns

    Investing.com -- European markets traded in mixed fashion on Monday as investors closely monitored the release of European manufacturing PMI data and Italy’s GDP figures. At 3:13 ET (8:13GMT) Germany’s DAX index was down 0.2%, France’s CAC 40 dropped to 0. …

    Source: Investing - Neutral
  • Published on 05:13 GMT

    BRICS currencies weaken, dollar strong after Trump threatens tariffs

    Investing.com-- Currencies of countries under the BRICS bloc weakened on Monday, while the dollar firmed after U.S. President-elect Donald Trump threatened to impose steep tariffs on the bloc over its attempts to pivot away from the greenback. The Chinese …

    Source: Investing - Neutral
  • Published on 12:03 GMT

    Expect Santa Tech rally into year-end, Wedbush says

    Investing.com -- Wedbush analysts expect tech stocks to end the year strongly with a “Santa rally,” citing positive catalysts including deregulation under Donald Trump’s second term and stronger AI initiatives. The investment bank anticipates a 20% or more …

    Source: Investing - Neutral
  • Published on 05:44 GMT

    Confidence in NZ’s financial markets falls, FMA survey shows

    KiwiSaver and banking providers treat customers more fairly than insurance providers do, according to the first consumer confidence survey out of the Financial Markets Authority (FMA). But even though three quarters of New Zealanders believe financial …

    Source: interest.co.nz - Neutral
  • Published on 11:39 GMT

    AWS Announces Amazon Connect a New Generative AI to Enhance Customer Service.

    Share Tweet Share Share Email AWS has announced Amazon Connect, a generative AI to enhance end-to-end customer service. Takeaway Points AWS announced Amazon Connect, a generative AI to enhance end-to-end customer service. Amazon Q in Connect, a generative …

    Source: TechBullion - Neutral
  • Published on 05:14 GMT

    Trump threatens 100% tariffs against BRICS countries over new currency

    Investing.com-- U.S. President-elect Donald Trump on Saturday threatened to impose steep tariffs on the BRICS group of countries over their attempts to create a new currency to replace the dollar. Trump said in a social media post that the U.S. will seek …

    Source: Investing - Neutral
  • Published on 08:27 GMT

    Tesla remains the most undervalued AI play amid regulatory shifts, says Wedbush

    Investing.com-- Tesla Inc (NASDAQ:TSLA) is poised for significant gains as the incoming Donald Trump administration signals an acceleration of regulatory support for artificial intelligence and autonomous vehicles, Wedbush analysts said, adding that Tesla …

    Source: Investing - Neutral
  • Published on 08:54 GMT

    London open: Stocks steady as investors mull UK house prices, French politics

    At 0830 GMT, the FTSE 100 was steady at 8,282.78. Richard Hunter, head of markets at Interactive Investor, said: "The FTSE 100 hobbled around the flatline in opening exchanges, and its inability to break out of what has been a tight trading range in …

    Source: ShareCast - Label Pending
  • Published on 08:25 GMT

    Big Week Ahead for Markets as Labor Market Data Looms

    The following table from Briefing.com lists the scheduled economic data releases for December 2nd through December 6th, and like the first week of every month, the first week of December ’24 is heavy with labor market data releases, culminating with the …

    Source: Investing - Neutral
  • Published on 10:30 GMT

    Saudi, Oil Producing States Block Hopes for UN Plastics Treaty

      A handful of oil-producing countries were blamed on Monday for the collapse of talks on a global treaty to curb plastic pollution, despite more than 100 nations wanting to a cap on production. There had been hopes that the fifth round of talks convened …

    Source: Asia Financial - Neutral
  • Published on 12:03 GMT

    US Dollar: Trump's Tough Talk on BRICS Signals More Gains Ahead, Eyes on 108 Zone

    The US dollar’s momentum gains as Trump takes a firm stance against BRICS nations. Key economic data this week could shape the dollar’s path, with a critical test for the DXY at 108. Geopolitical tensions and Trump’s rhetoric continue to drive the dollar’s …

    Source: Investing - Neutral

30 days 21:36:45

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