Andrew Galbraith

Andrew Galbraith

The Latest

  • Moody's Downgrades China Huarong Over $16 Billion Loss
    Moody's Downgrades China Huarong Over $16 Billion Loss
    Moody's Investor Service on Monday cut credit ratings for Chinese state-owned asset manager China Huarong Asset Management Co, citing the company's warning that it expects to book a net loss of nearly $16 billion for 2020.
  • Markets Walk Back Economic Worries
    China Semiconductor Industry
    Wednesday MSCI's broadest index of Asia-Pacific shares was up 0.17% — trimming its losses for the week to around 2%.
  • U.S. President Joe Biden’s Infrastructure Deal Spurs Asia Indexes
    U.S. infrastructure deal
    MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.58%.
  • Asia Indexes Up Friday As Inflation Worries Ease
    Credit
    MSCI's broadest index of Asia-Pacific shares was last up 0.38%. Japan's Nikkei finished lower.
  • Asia Indexes Up On U.S. Factory Data; Jobs News Ahead Holds Market Participants' Attention
    China population census
    MSCI's gauge of stocks across the globe was flat after setting a record intraday high and close Tuesday.
  • Shares Gain In Asia As Inflation Concerns Sidelined
    A security guard walks past a montage of old U.S. dollar bills outside a currency exchange.
    The U.S. dollar stood near its lowest levels this year.
  • Vaccine Hopes Encourage Asia Share Buying
    HKEX
    MSCI's Asia-Pacific index was up 0.56% Monday – pushing past a previous record Friday.