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Asia stocks witnessing a ‘bear-market bounce’

Bloomberg What we’ve been witnessing in Asia and the emerging markets could just be a “bear-market bounce.” That’s how JPMorgan Asset Management views the January rally. While Jasslyn Yeo, global market strategist at the money manager, sees the potential for more gains in the first half of the year, investors will need to reassess their positions for the second half. ...

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FAB’s rise gives boost to Abu Dhabi stocks by most in Middle East

Bloomberg Abu Dhabi stocks climb the most in the Middle East as the United Arab Emirates’ biggest lender seeks to increase the limit on foreign ownership of its shares. First Abu Dhabi Bank (FAB) surged as much as 5.8 percent, the most since April 2017. The stock was the biggest contributor to the ADX General Index’s 1.6 percent gain. The lender ...

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Clues on trade policy to top of mind for stock investors

Bloomberg Clues on trade policy are likely to be top of mind for stocks investors watching President Donald Trump’s State of the Union speech on Tuesday. Trade remarks may influence equity sectors from footwear to auto parts and pharma stocks may be volatile if the president zeros in on drug costs reforms, while financials and housing are likely to be ...

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