Author: forexrace@gmail.com

Asia market opened lower as no deal have been made regarding US debt ceiling. Boehner’s plan to cut deficit and lift debt limit said to be gaining ground. HSBC may cut 10,000 jobs as part of a cost-saving efforts. Default...

Singapore market post small losses. Inflation data send Aussie dollar to post-float record. As the debt-limit stalemate and potential default concerns linger, several companies are looking to go public before Aug 2 deadline in...

Asia market edged higher with investors remaining on edge after US President Barack Obama and House Speaker John Boehner give speeches showing little progress on a debt deal. As debt-ceiling compromise fails to materialize,...

Investors sell down shares after failure to get a US debt deal over the weekend, though the drops aren’t extreme, as analysts say a US ratings downgrade is a greater concern. Market pull back after 4 up sessions. We deem...

Singapore market moves higher, approaching 3200 points, all thanks to strong performance from overnight Dow. Details on aid package for Greece and positive earnings, particularly Morgan Stanley, lift stocks. Asian shares join in...

Market retreat as US market slipped on debt fears. Major indexes end slightly lower a day after the Dow industrials post their best performance since December, with investor uncertain as the debt-ceiling issue remains...

Asia markets up after good finish from yesterday overnight Dow. US market was up 202 points, good earnings from company as well as signs of US debt progress. President Obama says a new plan in Congress could pave the way for...

Shares lose ground across Asia, with banks declining in Tokyo and Hong Kong. Singapore market is more resilient compared to other markets as index sheded small losses. Markets tend to be choppy, 3000 support is very...

Asian market holds on to small gains after US market finished in green on last friday. Deputy Prime Minister Tharman Shanmugaratnam had warned Singapore that they should prepare themselves for the impact of a sluggish global...