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Asian shares were set to gain on Wednesday, encouraged by buoyant US moves that followed stronger-than-expected manufacturing indicators while the dollar emerged from its recent lows against the euro.
BlackRock Inc., which oversees US$6.47 trillion in global assets, expects stocks and bonds in China, and its trading partners such as South Korea, Japan and Taiwan, will do better than global emerging markets over the next six to 12 months.
“The market is resigning itself to the fact that in the absence of an effective vaccine, the virus will not amazingly vanish.” - Stephen Innes, chief global market strategist with AxiCorp Ltd.
SINGAPORE (Aug 22): Despite acknowledging that intelligent technology could progressively claim many jobs, the Singapore government is also confident that artificial intelligence (AI) will concurrently create new jobs in areas such as data analytics, cybe
After an initial bout of panic, investors are getting comfortable with the idea of Donald Trump as US President. But it will not be status quo. Fund managers and wealth advisers explain how the investment landscape is about to change.