Recent Posts

China demand triggers iron ore boom

  Bloomberg Iron ore keeps getting told the end may be nigh: so far in 2017, the response has been that the end’s just another high. The raw material’s rally has been powerful enough to drive futures in China back to $100 a metric ton as spot prices trade at levels last seen in 2014. On the Dalian Commodity Exchange, ...

Read More »

Takata forecasts third annual loss after USA settlement

  Bloomberg Takata Corp., the troubled air-bag maker behind the biggest auto safety recall, said it will probably report a third consecutive annual loss as it booked a one-time charge after agreeing to settle a US criminal investigation. Net loss will probably be 64 billion yen ($562 million) in the year through March, compared with a November forecast for a ...

Read More »

Hong Kong’s arbitrage trade gets a boost from China

  Bloomberg Cheap Hong Kong equities are suddenly back in vogue with Chinese investors. As tightening capital controls turn the city’s stock market into one of the few Beijing-approved destinations for offshore investment, mainland traders are piling into shares that have long been priced at much lower levels than their counterparts in China. Average daily inflows through Hong Kong’s exchange ...

Read More »
Send this to a friend