Asia Market News and Trading Resource
June 19, 2013 Leave a comment
Plenty of company news this morning. Mengniu offers US$1.6bio for Yashili! Lenovo unveils new thinkpad. China Merchant expects 10% throughput growth and Chow Tai Fook misses earnings. Here’s what you need to know before the open.
June 19, 2013 Leave a comment
Hong Kong’s seasonally adjusted jobless rate in March to May fell to 3.4 percent from 3.5 percent in the three months ended April, the city’s statistics department said on Tuesday. Read More, Xinhua
May 19, 2013 Leave a comment
Korea’s jobless rate falls to 3.2%, PPI disappoints yet there are some encouraging signs in the domestic housing market. Galaxy S4 is the fastest selling phone of all time and BOKs rate cut may decrease bank interest income by 150bio Won. Let’s take a look at the main news items of last week.
May 15, 2013 1 Comment
South Korea’s jobless rate fell in April from a month earlier and job creation also picked up speed, raising expectations that labor market conditions might be improving, a government report showed Wednesday. Read More, Yonhap News
March 16, 2013 Leave a comment
1. Samsung launches the Galaxy S4
2. Parliamentary deadlock likely to continue into next week
3. BOK Leaves Rates Unchanged At 2.75%
4. Korea logs trade surplus for 13 straight months
5. Jobless rate jumps to 4% in Feb
6. Samsung Owns China Smartphone Market, 17.7% Market Share
7. S Korean Shippers Have US$1.82bn Of Debt To Roll In 2013
8. Household loans sink most in Jan
9. Home sales hit 7-year low in Feb.
10. Yongsan failure to hit Lotte Tour, Samsung C&T
March 13, 2013 Leave a comment
1. KOSPI Index (1999.73, +0.32% DTD, +0.13% YTD, T/O 3.3bio)
2. KOSPI2 Index (263.33, +0.34% DTD, -0.22% YTD, T/O 2.5bio)
3. USDKRW (1097.45, +0.20% DTD, +3.01% YTD)
4. Seoul shares up 0.32 pct on tech gains
5. Jobless rate jumps to 4% in Feb
6. Mobile carriers slump on looming subsidy regulation
7. Working hours drop in 2012
8. Samsung to hire 9,000 college graduates this year
9. South Korea readies stimulus as economy stagnates
10. Households Not Very Market Exposed
March 13, 2013 2 Comments
South Korea’s jobless rate jumped in February from a month earlier and job creation also slowed sharply, raising worries that labor market conditions will remain bleak down the road, a government report showed Wednesday. Read More, Yonhap News
March 4, 2013 Leave a comment
1. Jobless rate 2.3 x higher than official rate
2. LG sales of LTE smartphones breaks 10mio
3. Hyundai-Kia ends overnight shifts.
4. Samsung damages to Apple cut in half
5. Black market swells in 2012 (25% of 2012 GDP)
6. China to raise anti-dumping duties on Korean optical fiber
7. Acid leak reported at LG Siltron plant
8. President Park faces with record household debt
9. Despite household debt Foreigners pile into S.Korea Mortgage Bonds
10. China and S Korea tensions heat up in Yellow Sea
Headline Asia 