|Bid||713.80 x 30000|
|Ask||714.20 x 134600|
|Day's range||706.80 - 715.80|
|52-week range||514.20 - 720.80|
|Beta (3Y monthly)||0.92|
|PE ratio (TTM)||38.59|
|Earnings date||1 Aug 2019|
|Forward dividend & yield||0.24 (3.50%)|
|1y target est||8.78|
Industrial output rose 5% from a year earlier, while fixed-asset investment expanded 5.6% in the first five months. Officials have repeatedly said that the economy is strong enough to overcome the trade war and the central bank governor said recently he had “tremendous” room to adjust monetary policy if the conflict deepens. “Beijing will surely step up policy easing measures to arrest the worsening slowdown,’’ said Lu Ting, chief China economist at Nomura Holdings Inc. in Hong Kong.
Weakness in oil companies and banks halted a week long rally in European shares on Wednesday, as soft Chinese factory activity data and Washington's tough stance on trade talks with Beijing prompted investors to cash in some of June's gains. Defensive sectors such as media, healthcare and telecoms helped Europe's pan-regional STOXX 600 bounce off early lows. Expectations of looser monetary policy from the major central banks to counter a global growth slowdown have supported risk assets.
Hong Kong braced for mass strikes on Wednesday after thousands braved thunderstorms overnight to stage fresh protests against a proposed extradition bill that would allow people to be sent to mainland China for trial. Hong Kong Chief Executive Carrie Lam said she would press ahead with the legislation despite deep concerns across large swathes of the Asian financial hub that on Sunday triggered its biggest political demonstration since its handover from British to Chinese rule in 1997.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
The ongoing U.S.-China rivalry could result in the world splitting into two, which will be "detrimental" to countries and companies, said Jose Vinals, group chairman at Standard Chartered Bank.
Governor Shaktikanta Das and the inflation-targeting RBI he leads is now squarely focused on boosting investment and consumption after quarterly growth cooled to a five-year low at the beginning of 2019. A benign inflation outlook and a dovish turn by the U.S. Federal Reserve strengthened the case for policy makers to switch to an “accommodative” stance on Thursday, indicating further easing ahead. The RBI was the first of the world’s major central banks to cut interest rates this year as Das identified early on the growth risks facing the economy.
London's FTSE 100 rebounded on Tuesday as China's request for dialogue with the United States to resolve trade differences offered respite, while money manager Hargreaves Lansdown tumbled after the suspension of one of the Woodford investment funds. The FTSE 100, which started the day in negative territory, reversed course to end 0.4% higher, although it lagged its European counterparts due to weakness in oil majors Shell and BP. The domestically-focused midcap index rose 0.7%, helped by strength in the local currency, the pound, whose gains were prompted by the U.S. Federal Reserve opening the door to the possibility of a rate cut.
Standard Chartered has hired James Cameron as its global head of power, utilities and infrastructure and cleantech, the bank said on Monday. Cameron was previously at rival HSBC, co-heading its Asia Pacific ...
Copper prices dropped as hopes faded for a quick resolution to the trade dispute, and South Korean exports fell for a fifth month. The official Purchasing Managers’ Index, which shows sentiment in industrial companies, is due for release on May 31. “The economy will see a broad weakening in May” with the big external shock of trade war escalation, said Wan Qian, an economist at Bloomberg Economics in Hong Kong.
Dubai's Emaar Properties has hired advisors including Standard Chartered for the sale of its district cooling business, sources familiar with the situation told Reuters, as part of a broader plan to offload non-core activities. Emaar Chairman Mohammed Alabbar had said in a interview with CNBC Arabia in July last year that the group, which is 32% owned by the emirate's government, is seeking to sell assets beyond its main businesses. The developer of the world's tallest skyscraper, the Burj Khalifa, last year hired London-headquartered Standard Chartered to advise on the disposal of five hospitality assets, which were sold to Abu Dhabi National Hotels.
These two FTSE 100 (INDEXFTSE:UKX) stocks could offer improving income investing prospects in my opinion.
Investing.com - Asian stocks fell on Thursday morning as traders kept an eye on developments between U.S. and China amid a recent escalation in trade tensions.
The FTSE 100 was up 0.3%, while the FTSE 250 rose 0.5%, with builder Galliford Try leading gains after announcing job cuts. After weeks of waiting for significant updates on Brexit, investors welcomed a "new deal" for Britain's departure from the European Union set out by Prime Minister Theresa May, which offered the prospect of a possible second referendum on the agreement.
If you want to know who really controls Standard Chartered PLC (LON:STAN), then you'll have to look at the makeup of...
Malaysia's economic growth pace likely slowed in the first quarter, due to tepid consumption and softer global demand as a result of the U.S.-China trade war, a Reuters poll showed. The poll of 13 economists predicted the economy will grow at a median rate of 4.3% in January-March, slower than the 4.7% pace of the fourth quarter. Exports from Southeast Asia's third-largest economy contracted in February and March, and will likely face sustained pressure in the coming months as the United States pursues another round of tariff increases on Chinese goods, Capital Economics said in a research note.