Regulators in Asia have tightened the screws on trades popular among hedge funds as stocks slumped, an attempt to stabilize markets that some worry may end up stifling key strategies. Thailand’s plan to increase scrutiny on high-frequency trades — in effect from Monday — follows steps from China, where programmed trading will soon be subject … Read more
The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets. Value is seen in consumer discretionary and tech services shares, with investors likely to gravitate toward markets that rely on local or regional demand. On … Read more
As global equities struggle after the Federal Reserve’s latest hawkish rhetoric, Southeast Asia’s growth outlook is making the region an investor favorite. Man Group Plc, SA and Credit Suisse Group AG are among those touting the region’s resilience after commentary at Jackson Hole reignited a worldwide selloff over the past week. The benchmark MSCI Asean … Read more
Mumbai: India’s benchmark indices gave up nearly all of their session gains to end flat on Thursday as traders adopted a sell-on-rise approach into the relief rally triggered by overnight gains on Wall Street after US Federal Reserve‘s rate hike was on expected lines. The Nifty ended up 5.05 points or flat from the previous … Read more
Foreigners are cutting and running in some key Asian emerging markets amid turbulent trading ahead of this week’s Federal Reserve meeting, where policymakers are expected to signal an interest-rate liftoff in March. Bloomberg Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India so far this week, according … Read more
Dalal Street looked headed for some selloff on Friday, or at least that’s what Nifty futures trading on the Singapore Exchange seemed to be signalling. At 8.15 hours (IST), SGX Nifty traded 191 points lower at 14734.7. Domestic equity investors are going to react to weak cues from Asian markets, a bleak Covid-19 situation and … Read more