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FP Trading Desk (Canada) 06/03/2020 02:02
HONG KONG — China’s decision to impose national security laws on Hong Kong has exacerbated public and international concerns over the erosion of freedoms in the city and has rekindled anti-government protests in the financial center. The national security legislation prompted U.S. President Donald Trump to move ahead and strip the financial hub of the […]
FP Trading Desk (Canada) 06/03/2020 01:39
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can’t be moved easily. Major airports in storm-vulnerable regions such as Hong Kong, Taiwan, Japan, the Philippines, Thailand and India have been effectively turned […]
FP Trading Desk (Canada) 06/03/2020 01:00
SHANGHAI — China stocks hit a near three-month high on Wednesday as an upbeat private survey pointed to economic recovery, though Sino-U.S. tensions capped gains. ** The CSI300 index rose 0.6% to 4,005.47 points at the end of the morning session, its highest since March 11, while the Shanghai Composite Index gained 0.5% to 2,936.38 […]
FP Trading Desk (Canada) 06/03/2020 00:26
Singapore — Vitol has partnered with Prostar’s GTI Statia (GTIS) storage terminal to operate the marine fuel, or bunker, supply business at GTIS’ crude oil and refined products terminal in the Caribbean, the companies said in a statement. “This strategic relationship allows the facility to focus on being a world-class terminal operator and will leverage […]
FP Trading Desk (Canada) 06/03/2020 00:24
(Bloomberg) — The coronavirus pandemic is hitting Gulf Arab economies hard and emboldening the region’s dynastic rulers to push through unpopular fiscal measures that will impact their citizens. The question now is how long their resolve will last. Saudi Arabia, the Arab world’s largest economy, announced a surprise tripling of value-added-taxes and trimmed allowances for […]
FP Trading Desk (Canada) 06/02/2020 23:54
ST. LOUIS — Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced its previously announced underwritten public offering of 6,172,840 shares of RGA’s common stock, par value $0.01 per share (the “Common Stock”), at a public offering price of $81.00 per share. RGA expects to use the net proceeds from the […]
FP Trading Desk (Canada) 06/02/2020 23:44
SINGAPORE — Chicago soybean futures rose for a second session on Wednesday with prices near last session’s three-week high, underpinned by strong demand from the world’s top importer China. Corn slid, while wheat rose for the first time in three sessions although gains were limited by improved weather in key Northern Hemisphere exporting countries. “There […]

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