Market

Iran's crude oil exports to China rebounded in February despite tighter US sanctions, with daily imports seen reaching 1.74 million barrels due to increased ship-to-ship transfers and new receiving terminals.

Published on: February 19, 2025, 04:01 AM UTC

Asian stocks tumble as a five-day rally pushes a regional gauge into overbought territory, with investors cautious amid escalating trade tensions and geopolitical uncertainty.

Published on: February 19, 2025, 04:01 AM UTC

Retail investors and fund managers have differing views on the stock market. Fund managers are bullish, with cash levels at their lowest since 2010 and 35% overweighting stocks. Meanwhile, retail investors are bearish, with 47.3% expressing a negative outlook. Global recession expectations are low, and 77% of fund managers expect US interest rate cuts this year. Big institutions are upbeat about international markets, seeing US equities as overvalued and expecting the EuroStoxx index to outperform the Nasdaq.

Published on: February 19, 2025, 04:00 AM UTC

JP Morgan upgrades Singapore equities to overweight, citing attractive valuations, high dividends, and government initiatives to boost the stock market, setting a target of 4,200 for the benchmark index.

Published on: February 19, 2025, 03:01 AM UTC

Hong Kong banks borrow record short-term cash amid surging local equity demand, with HKMA lending HK$5.5 billion through discount window.

Published on: February 19, 2025, 03:00 AM UTC

Mainland Chinese investors bought HK$22.4 billion of Hong Kong stocks on Tuesday, fueling a tech rally in the city.

Published on: February 19, 2025, 03:00 AM UTC

Nvidia stock has recovered its DeepSeek decline, rallying 22% in February. Investors await earnings results next week, including updates on the Blackwell GPU.

Published on: February 19, 2025, 03:00 AM UTC

US stock futures edged higher after the S&P 500 hit a fresh record high in a late-session surge. Futures tracking the S&P 500, Dow Jones, and Nasdaq all gained, as investors await the release of the Fed's January meeting minutes and earnings reports from Etsy and Carvana.

Published on: February 19, 2025, 02:01 AM UTC

Oil prices remain elevated amid speculation about the delay of OPEC+ production increases and uncertainties surrounding Russian oil flows.

Published on: February 19, 2025, 02:01 AM UTC

Japan's exports increased by 7.2% in January, influenced by increased demand before the implementation of protectionist policies by the US. Exports to the US grew by 8.1%, while those to China declined by 6.2%. The trade deficit reached ¥2.76 trillion, primarily due to rising imports. Japan faces uncertainty amid global trade concerns, with potential impacts from US tariffs on automobiles and other products.

Published on: February 19, 2025, 02:00 AM UTC