Asia Stocks Set For Cautious Start, With Yuan Flat: Markets Wrap

Asian stocks looked poised for a cautious start to the week as investors mulled China’s latest plans to help its economy counter the impact of the coronavirus outbreak. U.S. equity futures ticked higher. Futures edged lower in Japan and Hong Kong, while Australian shares opened flat after two weeks of gains for global equities. Volumes […]

Bendigo Bank kicks off $300m capital raise, cuts dividend

Bendigo and Adelaide Bank has kicked off a $300 million capital raising as it reported a sharp profit drop and announced it was cutting its interim dividend. Chief executive Marnie Baker blamed low interest rates and rising regulatory pressure at the release of its half-year results on Monday, adding that ongoing technology investment and compliance […]

China, Asia Bulk Up Economy Defenses Against Virus Ahead of G-20

China, Hong Kong and Singapore are pledging extra fiscal stimulus to counter the economic hit from the coronavirus, which will top the agenda of the world’s top finance officials this week. While the International Monetary Fund is calling for coordinated global action, there’s no clear picture on what that might entail. That puts the onus […]

Jupiter Deal Would Fit With Strategy, Canaccord Says

Jupiter Fund Management Plc’s potential acquisition of Merian Global Investors would fit its aim for U.K. consolidation, but with TA Associates Management seemingly ready to sell at a discount little over two years after its purchase there are “questions about the quality of the target,” according to Canaccord Genuity. Potentially, TA Associates may be attempting […]

Starting a startup: Juggling kids with business

Starting The Suite Set would have been radically different a decade ago. Launching a small business as a parent of two children under two would have been a much greater challenge if I had not been able to do my research and development all online. I’m not the only person to have discovered this it […]

Hong Kong Facing ‘Tsunami-Like’ Shocks, Finance Chief Says

Hong Kong is facing “tsunami-like” shocks, and may incur a record budget deficit in the next fiscal year as the city counts the costs of the coronavirus outbreak after months of social unrest, Financial Secretary Paul Chan said. The impact of the epidemic on the Hong Kong economy is being felt beyond retail, food and […]

Hubei Adds Fewer Infections as Deaths Reach 1,596: Virus Update

In this article China’s Hubei province, epicenter of the coronavirus outbreak, reported fewer new infections for a second straight day on Sunday with 139 deaths overnight, the same as for the previous day. The province had 1,843 new cases, down from 2,420 a day earlier. Total deaths reached 1,596, more than three quarters in Wuhan. […]

Coronavirus infects luxury spending at Louis Vuitton, Ralph Lauren

How will coronavirus impact retail? Retail analyst Erin Sykes and CFRA chief investment strategist Sam Stovall discuss the impact coronavirus is having on retail and whether there is reason to be distrustful of the Chinese government’s reports on the outbreak. Airlines and casinos aren't the only businesses suffering from the coronavirus health emergency. Continue Reading […]

Charting the Global Economy: Angst Over Coronavirus Mounts

Concerns about the effects of the coronavirus on global supply chains and the economy are becoming more entrenched. With the death toll mounting, the economic disruption from temporary business closures in China prompted economists to trim world growth forecasts. Here’s some of the charts that appeared on Bloomberg this week, offering a pictorial insight into […]

February is a stock love fest for investors

How would Trump reelection impact markets? Nuveen Chief Investment Strategist Brian Nick discusses the 2020 presidential race and how victories for President Trump and Bernie Sanders would affect Wall Street. Valentine’s Day is over, but investors' love affair with stocks may continue all month long and then some if history is any guide. Continue Reading Below […]