22 January

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Environmental Goals Spur Demand for New Type of Bonds in Asia By Bloomberg

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(Bloomberg) -- The first transition bonds in Asia sold in line with major new international guidelines have outperformed the broader credit market since they were issued earlier this month, suggesting that demand for this type of securities is rising. The notes allow issuers to fund projects which help reduce their pollution and emissions and...

22 January

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China Trade Row Has Cost Australia $3 Billion in Lost Exports By Bloomberg

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(Bloomberg) -- Australia’s trade fight with China cost it about $3 billion in commodities sales last year, and that relatively small impact suggests there’s little economic need for the country to bow to Beijing’s pressure. That’s the value of Australian exports lost in 2020 compared to the prior year, and covers commodities from copper...

22 January

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Japan December factory output, retails sales seen falling in blow to GDP outlook – Reuters poll By Reuters

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TOKYO (Reuters) - Japan's industrial production likely declined again in December and retail sales are also expected to have slipped, a Reuters poll found, reinforcing worries a recent sharp increase in COVID-19 cases could derail a fragile economic recovery. The world's third-largest economy has rebounded from its biggest postwar slump last year, but a resurgence in local and overseas coronavirus infections is...

22 January

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Intuitive Surgical Earnings, Revenue beat in Q4 By Investing.com

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Intuitive Surgical (NASDAQ:ISRG) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Intuitive Surgical announced earnings per share of $3.58 on revenue of $1.33B. Analysts polled by Investing.com anticipated EPS of $3.09 on revenue of $1.23B. Intuitive Surgical shares are down 2% from the beginning of the year and are trading at $799.43...

22 January

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Indonesia probing whether faulty system contributed to Sriwijaya Air crash By Reuters

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By Agustinus Beo Da Costa JAKARTA (Reuters) - Indonesia's air accident investigator is probing whether a problem with the autothrottle system, that controls engine power automatically, contributed to the Sriwijaya Air crash on Jan. 9 that killed all 62 people on board, an official said on Friday. National Transportation Safety Committee (KNKT) investigator Nurcayho Utomo said a problem with the Boeing (NYSE:BA)...

22 January

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Chinese phone maker Honor partners with key chip suppliers after Huawei split By Reuters

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SHENZHEN, China (Reuters) - Chinese budget phone maker Honor has signed partnerships with major chip suppliers such as Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) after being spun off from under-fire parent Huawei Technologies in a bid to save it last year, it said on Friday. Huawei had sold Honor to a consortium of 30 of the sub-brand's agents and dealers in November to...

22 January

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Dow Ends Flat as Energy Slip Offsets Tech Strength By Investing.com

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By Yasin Ebrahim The Dow closed just below the flatline Thursday as strength in tech, led by a rally Intel (NASDAQ:INTC) and Apple, was offset by weakness in energy. The Dow Jones Industrial Average fell 0.04%, or 12 points. The S&P 500 was up 0.03%, while the Nasdaq Composite gained 0.55%. The S&P and Nasdaq closed at record highs. Apple (NASDAQ:AAPL) rose 4%...

22 January

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AirAsia Group to raise up to $113 million via private placement By Reuters

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(Reuters) - AirAsia Group plans to undertake a private placement to raise up to 454.5 million ringgit ($113 million) to address immediate and near-term cash flow requirements, the Malaysian budget airline group said on Thursday. The struggling airline, which reported a fifth straight quarterly loss in November as the pandemic took its toll on travel, has been seeking to raise 2.5 billion...

22 January

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Intel floats possibility of licensing deals but would TSMC and Samsung be interested? By Reuters

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By Stephen Nellis (Reuters) - Intel Corp (NASDAQ:INTC) executives have raised the possibility of licensing chipmaking technology from outside firms, a move that could see it exchanging manufacturing secrets with rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) or Samsung Electronics (LON:0593xq) Co Ltd. Intel is one of the few remaining semiconductor firms that both designs and manufactures its own chips,...

22 January

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CSX Earnings, Revenue beat in Q4 By Investing.com

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CSX (NASDAQ:CSX) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. CSX announced earnings per share of $1.04 on revenue of $2.83B. Analysts polled by Investing.com anticipated EPS of $1 on revenue of $2.77B. CSX shares are down 0% from the beginning of the year and are trading at $91.86 , down-from-52-week-high.They are...

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News

Environmental Goals Spur Demand for New Type of Bonds in Asia By Bloomberg

China Trade Row Has Cost Australia $3 Billion in Lost Exports By Bloomberg

Japan December factory output, retails sales seen falling in blow to GDP outlook – Reuters poll By Reuters

Intuitive Surgical Earnings, Revenue beat in Q4 By Investing.com

Indonesia probing whether faulty system contributed to Sriwijaya Air crash By Reuters

Chinese phone maker Honor partners with key chip suppliers after Huawei split By Reuters

Dow Ends Flat as Energy Slip Offsets Tech Strength By Investing.com

AirAsia Group to raise up to $113 million via private placement By Reuters

Intel floats possibility of licensing deals but would TSMC and Samsung be interested? By Reuters

CSX Earnings, Revenue beat in Q4 By Investing.com

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