Umesh Desai, Asia Times

Umesh Desai

Asia Times

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Past articles by Umesh:

Asia’s two biggest economies lift markets

Hong Kong: Asian markets rallied on Monday as further hopes of an early mass-produced vaccine rose calming worries stemming from the spike in coronavirus → Read More

Asian markets rebound on economy hopes

Hong Kong: Asian markets looked past the US-China tensions as economic recovery prospects lifted sentiment, but the tech sector woes continue to keep → Read More

Positive data eclipsed by US-China politics

Hong Kong: Investors turned cautious as signs of more tensions emerged between the world’s two largest economies after the United States announced tighter → Read More

US-China tensions resurface, Australia outperforms

Hong Kong: US President Donald Trump’s threat to shut down TikTok reminded investors about the tensions between the world’s two biggest economies and kept → Read More

China bank NPLs alarm, Buffett buys spurs Nikkei

Hong Kong: Investors turned cautious after China’s biggest banks said they are setting aside more funds to provide for future losses due to the impact of → Read More

Investors pile into risk assets after Fed review

(ATF) Hong Kong: Investors got a boost from the US Federal Reserve’s framework review that assured markets that interest rates would stay lower for longer, giving a lift to risk assets such as emer… → Read More

Markets under pressure after gloomy Fed

Hong Kong: Asian markets are trading cautiously after the US Federal Reserve painted a gloomy picture for the second half of the year but investors are → Read More

Huawei ban raises tensions, cools markets

Hong Kong: Investors scrambled for safety as US-China tensions heightened after Washington announced new restrictions on Huawei Technologies, which Beijing said was “a naked hegemonic act”. Austral… → Read More

Downbeat China data hurts markets

Hong Kong: Asian markets are defensive on Friday after China published data which showed its recovery was starting to flag, but Australian markets bucked → Read More

US stimulus stalemate slams markets

Hong Kong: An intensified US stimulus debate spooked investors as questions arose about the support to households, businesses, and the stock market. “The → Read More

Markets watchful as US-China spar

Hong Kong: Investor sentiment was lifted by upbeat data from the world’s two biggest economies, although China’s sanctions against 11 Americans in → Read More

Gold enthusiasts emboldened as uncertainties loom

Hong Kong: Financial markets are subdued monitoring progress in the US stimulus package proposal and trade negotiations between the world’s two biggest → Read More

US-China tensions keep investors on edge

Hong Kong: Asian markets rose on economic optimism but gains were capped amid rising US-China tensions and uncertainty over a further round of US stimulus, which also kept investors guessing. “Acti… → Read More

China stocks outperform, gold has support

Hong Kong: Mainland Chinese stocks advanced, outperforming the Asia Pacific region after data showed the world’s second-largest economy kept expanding for → Read More

Investors cheer as China rebound sustained

Hong Kong and mainland Chinese markets eked out gains after Wall Street’s tech titans impressed with their earnings and better than expected economic data → Read More

Economic worries return after Fed stoked high

(ATF) Hong Kong: Investors have turned cautious as the Federal Reserve-triggered rally lost steam amid worries about the economic and corporate → Read More

Markets roiled by geopolitics

Financial markets slid on escalating Sino-US tensions as Beijing ordered the closure of the US consulate in Chengdu in retaliation for the closing of the Chinese consulate in Houston, ord… → Read More

Nervous markets await China’s response to the US

Asian markets are bracing for retaliatory action by China after it warned it would “definitely respond to the US's unreasonable actions” referring to the → Read More

US-China tensions curb risk appetite

Asian markets are trading with a subdued undertone amid an escalation in Sino-US tensions and uncertainty around the next round of stimulus measures in → Read More

Stimulus hopes, US-China spat a reason to pause

Hong Kong: Global financial markets paused as investors monitored the US-China tensions, following the proposed US travel bans on Chinese Communist Party members and China retaliating by calli… → Read More