Markets News

ASIA/PACIFIC -High-end Indian chocolate draws international attention, the Nikkei Asia reported. Quality beans and innovative initiatives drive the industry’s ascent. -China’s thermal coal imports are expected to be around 29.21 million metric tons in November, up from October’s 24.62 million and second only to the 30.21 million in May, according to data compiled by commodity analysts Kpler. -Stock market indices in Asia

ASIA/PACIFIC -The Australian stock market closed in the red on Monday following a heavy sell-off of stocks across all sectors, bar information technology. Asian stocks also ended mostly lower. -The Stock Exchange of Thailand (SET) is looking to double the number of local stocks directly traded on the Singapore Exchange (SGX) after the first four depositary receipts, the Nikkei Asia reported. -Bank

ASIA/PACIFIC -The Australian stock market managed to finish in the green on Friday with miners, banks and energy stocks leading the surge. -Japan’s Nikkei 225 hit a 4-month high as investors returned after a public holiday. The country saw its core inflation rate rise to 2.9% in October, higher than the 2.8% seen in the month before. -China’s oil demand growth is

ASIA/PACIFIC -The Australian stock market closed lower on Thursday, extending losses from the day before, as a slump in the oil price weighed on energy stocks. Australia’s composite purchasing managers index slid to 46.4, down from October’s 47.6. -China’s yuan hovered around a four-month high against the dollar on Thursday, supported by a firmer midpoint fixing, as market participants interpreted it as

ASIA/PACIFIC -Interest rates-sensitive sectors of real estate and information technology dragged down the Australian stock market on Wednesday, as Reserve Bank of Australia governor Michelle Bullock’s rates outlook deflated sentiment. -Asia-Pacific markets were mixed on Wednesday as investors analyzed yesterday’s U.S. Federal Open Market Committee (FOMC) announcement that the monetary policy must “be kept sufficiently restrictive” for some time. -China dominated large

ASIA/PACIFIC -Asia-Pacific markets were mostly up on Tuesday, led by gains in Chinese property stocks after Bloomberg reported that Chinese regulators are drafting a list of 50 developers eligible for a range of financing. -Hong Kong staunchly defends dollar peg even as property market falters: Authority steps in 49 times against short sellers in system out of sync with economy, the Nikkei

ASIA/PACIFIC -Japan’s benchmark Nikkei Stock Average reached a new 33-year high on Monday morning as the stock market continues this year’s solid performance, the Nikkei Asia reported. -The Australians stocks closed higher on Monday with energy stocks making up for weaker consumer staples and utilities companies. -The People’s Bank of China (PBoC) announced it kept its one-year loan prime rate (LPR), the