Articles by Daniel Marsh
Hongkong Land Shares Retreat 4% as Investors Await Annual Results
Hongkong Land Holdings declined 4.2% to $8.18, despite ongoing share repurchases. Market focus shifts to the firm's annual financial report due March 5 and an expanded $650 million buyback program.
Singapore Airlines Faces Cost Pressures Amid Supply Chain Delays; Q3 Update Awaited
Singapore Airlines shares edged lower as industry supply chain bottlenecks highlighted at the Singapore Airshow raise cost concerns. The carrier's next business update is scheduled for February 24.
SGX Shares Dip Ahead of Key Singapore Economic Data and Budget Release
Singapore Exchange shares edged lower Friday, closing at S$17.57, as investors await the Economic Survey and national Budget next week. The exchange posted a half-year net profit of S$357.1 million.
Singapore Bank Shares Retreat Ahead of Key Budget and Earnings
United Overseas Bank shares declined alongside the broader Straits Times Index as investors await Singapore's 2026 budget and upcoming bank earnings. Market focus shifts to net interest margins and credit provisions.
Maersk's Gloomy Outlook Sinks Yangzijiang Shipbuilding Shares
Yangzijiang Shipbuilding shares plunged 6.2% following a profit warning and cost-cutting plans from shipping giant Maersk, highlighting renewed freight rate concerns.
ANZ Shares Dip Ahead of Key Banking Updates
ANZ shares fell 1.5% to A$37.01 on Friday as investors brace for a series of major bank updates this week. The broader ASX 200 dropped 2% amid market uncertainty.
Westpac Shares Dip Amid ASX Selloff, Focus Turns to Quarterly Update
Westpac shares fell 1.2% as the ASX 200 dropped 2%, erasing A$70 billion. Investors await the bank's Feb. 13 update for margin and credit quality signals following the RBA rate hike.
Xero Shares Dip Amid Tech Selloff; AI Costs and Rate Outlook in Focus
Xero shares closed lower as a global tech rout extended, with the ASX tech index down ~12% for the week. Investors await key inflation data and central bank signals.
Macquarie Shares Drop Amid Broad Market Sell-Off, Investor Focus Shifts to Upcoming Briefing
Macquarie Group shares fell 2.17% to A$207.83 on Friday, mirroring a 2% decline in the ASX 200. Investors are now looking ahead to the company's operational briefing scheduled for February 10.
Australian Bank Stocks Face Pressure Amid Rate Hikes and Upcoming Earnings
National Australia Bank shares declined 1.6% as the broader ASX 200 fell nearly 2%. Major banks are raising mortgage rates following the RBA's increase, with key financial updates due in February.
STMicroelectronics Rallies into Weekend as Chip Sector Rebounds
STMicroelectronics shares gained 1.16% on Friday, closing at €24.89 in Paris, as semiconductor stocks recovered from an AI-driven selloff. Investors are eyeing upcoming U.S. jobs and inflation data for potential impacts on rate expectations and tech shares.
Nanya Tech Shares Drop Ahead of Lunar New Year Break Amid Sector Pressures
Nanya Technology's stock fell 4% to T$264, extending a five-day decline as traders reduced risk before Taiwan's holiday shutdown. The memory chip sector faces global supply constraints and rising costs.