According to the Australian Trade and Investment Commission, the Asian region accounted for 62% of Australia’s two-way trade last year.
Yesterday’s private-sector payrolls report from ADP showed the industry adding 49,000 jobs in April. That translated into a 0.66 percent increase overall — triple the broader total. It followed a string of increases going back more than two years.
Hon Hai Precision Industry owns Foxconn, a company which assembles the majority of the world’s mobile phones in mainland China and is one of Apple’s most important manufacturers.
Government shutdown? Nope. Trade war with China? Probably not if talks continue. Recession? Just when it looked like things were slowing down, the data turned positive. The pessimists just couldn’t win.
All of the companies listed in US market announced their quarterly earnings by today. Luckily, we saw S&P 500 quarterly bottom-up EPS growth was +25% on year-to-year basis.
You’ve probably heard a lot about ‘Asian Tigers’ over the years, both the literal ones and the political ones. You may not have paid much… Read More »Which Asian markets should be on your radar?