Australia
Asian markets higher on China PMI above 50
Bourses across Asia were mostly higher on November 1, with Japan’s Nikkei Stock Average up by +0.21%, Hong Kong’s Hang Seng rising by +0.56%
Bourses across Asia were mostly higher on November 1, with Japan’s Nikkei Stock Average up by +0.21%, Hong Kong’s Hang Seng rising by +0.56%, and Mainland China’s Shanghai Composite rallying +1.64%, while South Korea’s Kospi fell -0.72% and Australia’s S&P/ASX 200 lost -1.32%.
The main attraction was the China PMI that produced improving results, with the NBS data going expansionary (from 49.8 to 50.2) and the HSBC figure coming closer (from 47.9 to 49.5). Also buoying sentiment were reports that some Chinese cities will relax their property restriction policies buoyed Shanghai.
Futures for the German DAX 30 and the French CAC 40 are signaling a lower opening ahead of low volume European session, with bank holidays around the region. Apart from the UK and Greek Markit manufacturing PMI, investors will be mostly waiting for the New York session and the release of the US ISM data. WTI crude oil is up by +0.10%, at $86.30, and Gold rises by +0.07%, at $1720.
Press Release
Feathers Fly Over: Cock-fighting is One of Thailand’s Most Popular Activities
Some Thai citizens are fighting to end this practice. The notion of animal welfare is slowly gaining momentum in the country. Their push saw the introduction of the first-ever animal welfare law to the applause of animal rights activists.
Cock-fighting is a popular sport in Thailand. If you thought that was a cliché, then consider the fact that top-fighting birds could cost up to 3 million baht, and gambling wagers are usually as large as 22 million baht.
(more…)Australia
Asian students are vital to the health of Australian universities
Over 170,000 international student visa holders are stuck outside Australia, unable to enter because of travel bans.
Over the past two decades, Australian universities have been lucky. Every time something has threatened their prosperity, a new opportunity has arisen.
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