Mirae Asset News
-
Emerging-market stocks tumbled the most in 10 months and currencies depreciated as disappointing Chinese manufacturing data and speculation the Federal Reserve will scale back stimulus cut demand for riskier assets.
-
Philippine bonds are losing favor among investors who are turning to Thailand, after 10-year peso yields tumbled below 3 percent to a record in this year’s best rally in Asia.
-
South Korean stocks rose, driving the benchmark index to a five-week high, after the Bank of Korea joined central banks in Australia, Europe and India in cutting interest rates this month to boost growth.
-
China’s consumer inflation stayed subdued in April while the decline in factory-gate price declines deepened, adding to evidence of softer demand and giving the government room to raise utility fees.
-
Gordon Kwan, the most-accurate forecaster of Brent oil prices in the eight quarters through March 31, will leave Mirae Asset Securities Ltd. in Hong Kong at the end of June.
-
Mirae Asset Securities Co., the brokerage affiliate of South Korea’s second-largest money manager, will eliminate half of its 38 jobs in Hong Kong after stock trading in the city fell.
-
Liquefied natural gas is poised for a boost this year after slumping to the lowest level in four months as China increases the appeal of imports by raising the price of domestic supplies.
-
Huaxia Bank Co.’s Pretty Lady credit card, co-issued with Deutsche Bank AG, entices women with triple points for cosmetics and fitness-club memberships. The Ms. Magic card from China Citic Bank Corp. dotted with Swarovski crystals offers free beauty treatments and health insurance.
-
Samsung Electronics Co. posted record earnings as sales of its smartphones surged, widening the company’s global lead as its latest Galaxy handset hits stores to take on Apple Inc. in the U.S.
-
Hyundai Motor Co., South Korea’s largest automaker, and its advertising affiliate Innocean Worldwide Inc. apologized for posting a promotional video depicting a man trying to kill himself in his vehicle.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page