China Ban on Cross-Border Brokers Seen Hurting Market Sentiment
China’s order for cross-border brokers to rectify their mainland business will likely erode customer base at Futu Holdings Ltd. and lead to negative market sentiment, analysts said.
China’s order for cross-border brokers to rectify their mainland business will likely erode customer base at Futu Holdings Ltd. and lead to negative market sentiment, analysts said.
Singapore’s recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year.
Space Exploration Technologies Corp. is raising $750 million in new fundraising, which values the company at $137 billion, CNBC reported, citing correspondence it obtained.
Singapore home prices grew at a slower pace in the fourth quarter as buyers were pinched by surging borrowing costs.
The US is in discussions with South Korea on ways to deter Kim Jong Un’s regime from using nuclear weapons, according to a spokesperson for the National Security Council.
Australia’s housing market suffered its biggest annual decline since 2008 last year as sharp interest rate hikes sapped buying power and put off investors.
Canada’s merger court released its full decision allowing Rogers Communications Inc.’s takeover of a rival, starting the clock on a critical four-week period to close the deal.
Turnaround hopes for Asian equities abound after a near $5 trillion wipeout in valuation, with investors betting some of the biggest bugbears of last year will evolve into tailwinds for 2023.
The race to be Southeast Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar.
Yemen plans to start building a port in the Qishn area of the eastern Mahra region at a cost of $130 million in two months, Deputy Transport Minister Naser Shuraif said.