Asia equity markets generally traded higher today, after China central bank PBoC cut interest rates over the weekend. Australian miners performed well, including BHP Billiton moved higher by 3.8%, Rio Tinto higher by 3.6%, and Fortescue Metals higher by 9.5%. Shanghai Composite ended morning session at fresh 3-year high. China brokers, insurers, as well as property developers also traded sharply higher on central bank's move. Other sectors such as China railway construction companies traded higher during the morning session, with China Railway Construction Group higher by 8.5%, China Railway Group higher by 7.5% in Shanghai, after Russian Railways announced plan on Moscow-Beijing high-speed railways. During the morning trading session, Shanghai total trading volume was above CNY206B, higher than last trading day's full day volume.- From Hong Kong equity market today, China's largest nuclear plant operator CGN Power announced to raise up to $3.2B in IPO in Hong Kong, also to mark the first nuclear plant operator to list in China... Survey showed 37% of population to vote for Japan Prime Minister Abe's LDP party during Parliament (lower house) election, and 11% to support DPJ, 5% to support Komeito coalition party. Meanwhile, Abenomics disapproval rate at 43%, exceeded approval rate of 38%...Japan equity markets closed on holidays...In US over the weekend, President Obama said to authorize expanded US role in Afghanistan next year. US currently has 9.8K troops remaining in Afghanistan hunting down Al Qaeda...Nikkei Closed Hang Seng +1.77% Shanghai +1.75%...
Eur$ 1.2398 S&P -0.01% EuroStoxx -0.16% Dax -0.21% SMI -0.09%
Macro :
- Russia May Offer OPEC to Cut Output to Boost Prices: Kommersant
- EU Still Seeks Luxembourg Tax Rulings for 2010-13: Agence Europe
- Russia to Promote Free Trade Between EU, Customs Union: RIA
- ECB’s Constancio Says No Decision Made Yet on Sovereign Bonds
- Germany’s Gabriel Urges Utilities to Cut CO2 Emissions: Spiegel
Keep an eye on :
- ABI BB : InBev to Focus Budweiser Marketing on Younger Audience: WSJ
- AAL LN : Anglo Investing $100m in Platinum Cos. to Spark Demand: FT
- ALV GY : Allianz in Pact to Buy TIO’s General Insurance Business
- AV/ LN : Friends Life Says It's in Talks With Aviva on All-Share Merger
- BLT LN : BHP Reassures Investors on Dividends as Deeper Cost Cuts Bite
- BMW GY : Tesla in Talks w/ BMW on Cooperation, CEO Musk Tells Spiegel
- CU FP : Fosun in Talks With Brazil Investor to Raise Club Med Bid: FT
- CSGN VX : Credit Suisse May Announce Leadership Change Before Christmas:SZ - denied this morning Aargauer Zeitung
- DAI GY : China BAIC Motor seeks approval for $2B listing in Hong Kong - (5th largest carmaker, Hyundai & DAI)
- DAI GY : Daimler, Hino Plan Fuel-Cell Bus Sales in Japan, Nikkei Says
- EDF FP : EDF Energy Gets U.K. Approval to Restart 3 Nuclear Reactors
- EDF FP : EDF Board Names Jean-Bernard Levy as Interim Chairman and CEO
- ELE SM : Soros Invests $200M in Endesa to Hold 1.5% Stake, Mundo Reports
- FCC SM : Guggenheim Partners could take 5% stake in rights issue - Expansion
- FCA IM : Chrysler Says Will Increase Speed of Repairs on Jeeps: Reuters
- FLG LN : Friends Life Founder to Get GBP160m in Aviva Deal: Sunday Times
- HAW GY : Hawesko shareholder Margaritoff says takeover offer by Meyer is too low; Schiemann may be willing to sell
- NK FP : Imerys Buy of S&B to Add to EPS From 1st Yr, CEO Tells Investir
- ISP IM : Intesa SanPaolo Considers Bid for RBS’s Coutts, FT Says
- KYG ID : *GREENCORE MAY BID FOR KERRY'S FROZEN FOOD UNIT: INDEPENDENT
- LHA GY : Lufthansa German Market Share Increased, CEO Tells Sueddeutsche
- NFLX US : Netflix Faces Legal Case From French Consumer Group: Le Parisien
- NOVN VX : Novartis Says Signifor Approved in EU for Acromegaly Treatment
- NPRO NO : Geveran Trading may have to make a mandatory offer for the remaining shares in Norwegian Property
- PTC PL : PT Portugal: Oi could devise workaround to PT veto to facilitate EUR 7.025bn sale to Altice
- PG US : Private Equity Firms May Bid for P&G’s Braun, Sunday Times Says
- RLIA SM : Hispania Offers 49 Euro Cents/Shr for Realia Business SA
- SAB LN : SABMiller Agrees Tie-Up With Brazilian Brewer: Sunday Telegraph
- SGO FP : St-Gobain Is Waiting for Best Conditions to Sell Verallia: CEO
- SAN FP : Actavis’s Teflaro, Sanofi’s Jevtana Get Generic Challengers: FDA
- SGL GY : SGL Sees ‘Breakthrough’ for Carbon Technology: Wirtschaftswoche
- SIGN VX : Onex, Partners to Invest $1.25b in SIG Combibloc
- SYNN VX : Syngenta to Cut Jobs, Plans to Save $1b of Costs by 2018
- TEF SM : *TELEFONICA NEGOTIATES STRATEGIC ALLIANCE WITH BT: CONFIDENCIAL
- TLV1V FH : Norilsk Nickel could invest in Finnish Talvivaara - Taloussanomat
- TSLA SU : Paris Taxi Operators Studying Use of Tesla S, Figaro Reports
- TKA GY : ThyssenKrupp CEO Mulls Selling Submarine Division: Sueddeutsche
- TTPH US : Tetraphase up 18% in after Mkt after saying to explore sale after drawing takeover interest
- TIT IM : American Tower to Buy Tim Tower Assets in Brazil for $1.2b
- TIT IM : Telecom Italia Gets Board Backing to Explore Oi Deal in Brazil
- VOW GY : VW CEO May Leave in 2016 When Contract Expires: Wirtschaftswoche