Arbitrage trade backfires as TSMC frenzy grows
Taipei: The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is…
Markets
Shanghai shares end at two-month low as traders gauge lacklustre data
SHANGHAI: Mainland China and Hong Kong stocks ended lower on Monday, with the key benchmark closing at its lowest level…
Asia shares muted on China data, euro on defensive
SYDNEY: Asian share markets were in the red on Monday as mixed Chinese economic news underlined the country's bumpy recovery,…
China stocks down on weaker-than-expected data, HK shares up
SHANGHAI: Mainland China stocks fell on Monday, hurt by a flurry of weaker-than-expected data that showed the property sector remains…
Asia shares muted on mixed China data, euro pressure
SINGAPORE: Asian share markets were mostly softer on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while…
S.Korean shares retreat from 26-month high as e-commerce firms drag
SEOUL: Round-up of South Korean financial markets:
Property and construction likely to get bigger index representation
PETALING JAYA: The recent review of the Bursa Malaysia indices saw additions of a number of property and construction counters…
Wall St Week Ahead: High rates pressure US retail stocks
Elevated US interest rates are pressuring the US retail sector, where shares of many companies have been dented by months of tight…
Asia stocks gain, bond yields fall on Fed outlook; Europe seen lower
TOKYO: Asian equities rallied on Thursday, while bond yields slid as investors weighed cooling U.S. inflation against a more hawkish…