After job cuts, Cathay Pacific shares are ready for takeoff on June 12, 2017Shares of Cathay Pacific soared in its best week of trading in almost a year as investors hoped reports of job cuts at Hong Kong’s flagship carrier would trigger a return to profitability. Cathay rose the third-most this week among the Hang Seng Index’s 50 blue chips as of the midday trading break on Friday […]
Stock surge putting Asias frontier markets on the map on May 29, 2017Investors in Asia are increasingly looking beyond the region’s heavyweights and placing their bets on lesser-known frontier markets, hoping to cash in on rising tides of economic growth and maturing demographics. The MSCI Frontier Markets (FM) Asia Index has jumped 19.4% in the 12 months to April 28 versus a 16.5% gain in the MSCI […]