Daily summary

The United States killed Iranian Major-General Qassem Soleimani, head of the elite Quds Force and architect of Iran’s spreading military influence in the Middle East, in an airstrike on Friday at Baghdad airport, the Pentagon and Iran said. EQUITIES Asian markets and US futures are falling after U.S. airstrikes in Iraq killed a top Iranian...

The People's Bank of China (PBOC) said on Wednesday it was cutting banks' reserve requirement ratio (RRR) by 50 basis points, releasing around 800 billion yuan ($114.84 billion) in funds and they mention economic growth remains resilient despite relatively large downward pressure and mounting external uncertainty. It was the eighth cut in the RRR since...

2019 has come to an end and we are heading into 2020. Global equity markets scaled fresh records in a year-end rally on Friday as upbeat Chinese economic data and optimism a U.S.-Sino trade deal is imminent bolstered global growth prospects. EQUITIES A broad gauge of Asian share markets rose to the highest in 18...

U.S. stocks marched to yet another set of records on Thursday, pushing the NASDAQ Composite Index above 9,000 for the first time, fueled by a post-holiday rally in shares of Amazon.com and other retailers. EQUITIES Asian shares scaled an 18-month high on Friday while oil prices stayed buoyant in a holiday-shortened week, as investor optimism...

Global markets remained in holiday mood following Christmas Day on Wednesday and most of the markets in Europe are closed today as well, for Boxing Day holiday. EQUITIES Asian stock markets are edging higher on Thursday with trading remaining subdued in the absence of fresh cues overnight from Wall Street and European markets, which were...