Umesh Desai, Asia Times

Umesh Desai

Asia Times

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  • Asia Times

Recent articles by Umesh:

Vaccine hopes give markets shot in the arm

Hong Kong: Asian markets received a shot in the arm as trial results indicated a coronavirus vaccine could be made available to the public within this → Read More

Data from Asia’s two biggest economies boosts markets

Hong Kong: Risk sentiment improved on the back of China's factory data, which showed that the economic recovery was on track, although the momentum was → Read More

Markets broadly firm on recovery hopes

Asian markets were broadly firm on Friday amid growing expectation that countries will not necessarily reimpose lockdowns even if they endure a spike in → Read More

Recovery momentum doubted after recent market gains

HONG KONG: Investors are treading water this morning amid a spike in coronavirus infections in many countries and with doubts creeping in about the → Read More

Investors spot green shoots, load up on risk

Hong Kong: Financial markets rebounded off the day’s lows after US President Donald Trump tweeted that the trade deal with China was ‘fully intact’ – overturning comments by White House… → Read More

Markets edgy ahead of economic data

Hong Kong: Financial markets have turned cautious as investors recalibrate their expectations of an economic rebound as recent data points to a → Read More

This week: IMF revisions after deeper Q2 contraction

Economic events (ATF) The focus this week will be on PMI updates in US, Europe, Japan and Australia which will be assessed for the impact from the easing → Read More

Investors worry about second wave of infections

HONG KONG: Investors dumped risky assets amid fears an emerging second round of coronavirus infections was about to risk the nascent rebound in the global → Read More

Investors fear premature re-opening of economies

HONG KONG: Asian markets are fearful about further waves of coronavirus infections as parts of the world economy start opening up, with some experts saying the loosening of restrictions is prematur… → Read More

Risk-taking boosted by re-openings, stimulus

HONG KONG: Financial markets rode the optimism triggered by Friday's blowout US jobs data although caution around tensions between the world's two biggest → Read More

Markets edge higher but eyes on US-China tensions

Asian markets were broadly higher but gains were capped as investors worried about tensions between US and China with the violent and widespread protests → Read More

Markets lifted by stimulus, reopenings

Hong Kong: Asian markets were broadly higher on Tuesday as the focus shifted back to economic revival and countries reopen more business sectors and → Read More

Economic optimism lifts markets

Hong Kong: Financial markets recovered from initial lows struck after jitters from rising tensions between US and China were offset by optimism → Read More

Investors edgy as US-China spar over Hong Kong

Investors are cautious amid rising tensions between US and China over a proposed national security law that is widely perceived as hurting Hong Kong’s → Read More

Markets this week: US-China clash over HK status in focus

Economic events Financial markets are bracing for escalation in tensions between US and China after US President Donald Trump warned Washington would → Read More

Market falters amid US-China tensions, vaccine dismay

Hong Kong: Asian markets got a reality check after media reports questioned positive early results from a Moderna Inc Covid-19 vaccine trial and tensions → Read More

Vaccine hopes a booster shot for markets

Renewed hopes that a coronavirus vaccine is on the horizon sent stock markets surging, with oil prices and bond yields also rising on expectations the → Read More

China rebound boosts markets but US friction a worry

Hong Kong: Asian markets were watchful on Friday after data from the world's second-largest economy showed early signs of recovery despite US-China → Read More

Investors tentative as China on the mend

Hong Kong: Asian markets are watchful on Friday after data from the world's second-largest economy showed signs of recovery even as US-China tensions → Read More

Markets turn defensive on economic gloom

Hong Kong: Financial markets are struggling to justify the valuations that stocks command and the recent rally in anticipation of a recovery is → Read More