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Press Releases

Japanese shares advance amid a mixed Asian trading session

Markets in Asia traded mixed on Wednesday, with Japanese shares gaining on the back of a weaker yen.


Australia's services exports aren't offsetting commodity declines, Goldman Sachs says

Australia is banking on its services industry to make up for the losses chalked up in commodities, but that may be a hyberbole, Goldman Sachs warns.


China faces 20 pct chance of a hard landing, says Swiss Re

A key source of concern in China is the high level of indebtedness, much of which can be traced to state-owned enterprises.


Kickstarter makes Asian debut in Hong Kong and Singapore

Kickstarter, one of the world's largest crowd funding platforms, made its Asian debut in Hong Kong and Singapore on Wednesday.


Emerging markets are still overvalued: Investor

The hunt for yield in emerging markets is much like hunting for nickels in front of bulldozers, says MBMG Group's Paul Gambles.


Apple's Irish tax bill could top $20 billion: Economist

Apple's Irish tax bill could top $20 billion if it does not succeed in overturning an European Commission ruling, according to an expert.


Harvey Norman: It was a very good year for us

Harvey Norman Chairman Gerry Harvey says Australia's consumer confidence is strong, with interest rates low and house prices rising.


Shipping sector M&A is all about survival: Expert

Marginalized players have been sidelined, while the shipping industry is consolidating at the top, says Drewry Financial Research Services' Rahul Kapoor.


These are the hurdles the Fed faces

The Fed is going to look at the U.S. election risk and whether the global economy can absorb a rate hike, says BofAML Global Research's Claudio Piron.


Trafigura: Asia continues to be a major growth area

Trafigura APAC CEO Chin Hwee Tan wants to focus on expanding the Asian business as countries in the region continue to spend on infrastructure.