Asia markets lose ground; Samsung Group in focus after report senior executives offer to resign – CNBC

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Asia Is A Crude Magnet – Seeking Alpha

After a bullish-tilted weekly EIA report, crude is holding onto gains – and once again bumping its head on the top of its trading range. As OPEC cuts and rising shale continue to do battle, hark, here are five things to consider in oil markets today. 1) With OPEC production cuts kicking in, Asian buyers […]

Rocket Internet’s Zalora is retreating from two more countries in Asia – TechCrunch

Zalora, the Rocket Internet-backed online fashion store, is continuing its retreat from Asia. The firm sold off its businesses in Vietnam and Thailand last year, and now it is withdrawing from the Philippines and Indonesia. Yesterday it transpired that Zalora sold 49 percent of its Philippines-based operations to local real estate firm Ayala, as E27 […]

Asia markets lose ground; Toshiba up near 5%, says not aware of any plan to seek US court protection – CNBC

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Why Asia Is Trembling Over a US-China South China Sea Showdown – The National Interest Online (blog)

As U.S.-China rivalry in the South China Sea is ringing alarm bells in littoral Southeast Asian nations, with fears rising that Donald Trump’s administration could tilt the region’s delicate balance towards conflict. China has recently expanded its strategic footprint on various disputed features, deploying new weapons systems and establishing advanced military facilities on artificially reclaimed […]

Asia markets lower; Qantas shares up 5.4% after reporting first-half earnings – CNBC

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Asia stocks pare losses, dollar flounders as lift from Fed, Mnuchin wanes – Reuters

SINGAPORE Asian stocks steadied on Thursday after earlier losses, aided by a weaker dollar as markets studied Federal Reserve meeting minutes that indicated both readiness and caution over raising interest rates. European markets were headed for a mixed start, with financial spreadbetter CMC Markets expecting Britain’s FTSE 100 to open 0.3 percent lower, and Germany’s […]

Indonesia’s Kejora announces first close of $80M fund for Southeast Asia – TechCrunch

Indonesia-based early-stage investment firm Kejora has announced the first close of a second fund which is targeted at $80 million for investments in Southeast Asia. Kejora, which is known for its Ideabox accelerator program in Jakarta, has secured one-third of its target, with investment from LPs that include Indonesia’s Barito Pacific Group, Thai conglomerate Charoen Pokphand Family and […]

Asia lower; ASX down 0.4%, Nikkei down 0.2% and Kospi near flat – CNBC

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Asia stocks ease, dollar steadies after Fed-led losses – Reuters

SINGAPORE Asian stocks eased from a 19-month high on Thursday, while the dollar made an uneven recovery from losses suffered after Federal Reserve minutes indicated a cautious approach to raising U.S. interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan edged down almost 0.1 percent having jumped to its highest level on Wednesday since […]

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