“We at Eastern Quay Asset Management recognise
that each client faces different challenges and
has a unique set of aspirations and goals.”

Global Financial News Articles

World Financial News

Wall Street futures, dollar dip after U.S. government shutdown, Asia resilient
Posted on Monday January 22, 2018

TOKYO (Reuters) - Wall Street stock futures and the dollar pulled back slightly on Monday after the U.S. government was forced to shut down amid a dispute between President

Sanofi to buy U.S. haemophilia group Bioverativ for $11.6 billion
Posted on Monday January 22, 2018

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, in a deal which it said would boost earnings and

Wal-Mart shops Brazil unit stake to Advent, other funds: sources
Posted on Monday January 22, 2018

SAO PAULO (Reuters) - Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people

Exclusive: U.S. sanctions curb Microsoft sales to hundreds of Russian firms
Posted on Monday January 22, 2018

MOSCOW (Reuters) - Two of Microsoft's official distributors in Russia have imposed restrictions on sales of Microsoft software to more than 200 Russian companies following new U.S. sanctions, according

Exclusive: Philadelphia Energy Solutions to file for bankruptcy - memo
Posted on Monday January 22, 2018

(Reuters) - Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for

Asia Financial News

The World Bank’s “ease of doing business” report faces tricky questions
Posted on Thursday January 18, 2018

HOW many days does it take to correct a misleading newspaper interview? Four, in the case of Paul Romer, the World Bank’s chief economist. On January 12th a surprising article

Our Big Mac index shows fundamentals now matter more in currency markets
Posted on Thursday January 18, 2018

IT IS usually considered quaint to predict foreign-exchange movements by reference to whether currencies are dear or cheap. Metrics such as The Economist’s Big Mac index, a lighthearted guide to

Innovative materials from bamboo are helping a new industry to sprout
Posted on Thursday January 18, 2018

A bamboo spider rides highFANNING out from the sodden delta of the Yangtze, and southward to the flanks of the Nanling mountains, over 6m hectares of emerald bamboo groves—one-fifth of

Why driverless cars may mean jams tomorrow
Posted on Thursday January 18, 2018

THE most distractingly unrealistic feature of most science fiction—by some margin—is how the great soaring cities of the future never seem to struggle with traffic. Whatever dystopias lie ahead, futurists

Legacy airlines are facing new competitors on transatlantic routes
Posted on Friday January 19, 2018

EVEN for a global industry like aviation, Primera Air’s business model seems remarkably cosmopolitan. The Icelandic-owned budget airline is headquartered in Latvia, but mainly operates low-cost flights from Denmark and