While overseas investors sold Asian equities in May, they bought the region's bonds, which were made more attractive by falling yields and offered some safety amid worries over the Sino-U.S. trade war, Brexit and a global economic slowdown.
June 13 While overseas investors sold Asian equities in May, they bought the region's bonds, which were made more attractive by falling yields and offered some safety amid worries over the Sino-U.S. trade war, Brexit and a global economic slowdown. Foreigners bought a net $4.61 billion of regional bonds after selling $3.64 billion in April, data from regional banks and bond market associations in Malaysia, Thailand, Indonesia, South Korea and India showed.
Asian equity markets saw heavy outflows in May as a sudden escalation in the U.S.-China trade war threatened to put more pressure on export-reliant regional economies and companies which are highly reliant on Chinese sales.
Overseas investments into Asian bonds turned negative for the first time in three months in April, and analysts predicted the regional assets to come under more pressure due to an escalation in the Sino-U.S. trade dispute.
May 17 Overseas investments into Asian bonds turned negative for the first time in three months in April, and analysts predicted the regional assets to come under more pressure due to an escalation in the Sino-U.S. trade dispute.
May 10 Foreigners were net buyers of Asian equities for the fourth straight month in April, but analysts doubt such inflows could be sustained amid an escalating tariff war between the world's top two economies.
Foreigners were net buyers of Asian equities for the fourth straight month in April, but analysts doubt such inflows could be sustained amid an escalating tariff war between the world's top two economies.
BENGALURU Three of China's biggest tech companies are expected to report that they ramped up or broadly maintained their pace of quarterly spending to develop new technology and push into relatively new markets, as current growth drivers stall.
MUMBAI/BENGALURU April 10 India's Prime Minister Narendra Modi's moves to cut red tape and streamline the tax system have won him plaudits, but data shows that the Modi government's pro-business agenda has failed to translate into earnings growth for most Indian corporations.
MUMBAI/BENGALURU Prime Minister Narendra Modi's moves to cut red tape and streamline the tax system have won him plaudits, but data shows that the Modi government's pro-business agenda has failed to translate into earnings growth for most Indian corporations.
Hong Kong's political crisis enters its second week on Monday as uncertainty grows over the fate of government leader Carrie Lam and the extradition bill she postponed at the weekend.