Suncorp's CEO Michael Cameron, says the banking and life insurance business unit had a strong H1, but the general insurance division was hit by market volatility and natural disasters.» Read More
Francis Cheung, head of China & HK strategy at CLSA, says the decision by the People's Bank of China (PBOC) to support the stock market before it went down to fair valuations, made "little sense."
Apart from China-related fears, the possibility of an interest-rate hike in the U.S. also contributed to the global market meltdown, says Uwe Parpart, MD & Head of Research at Reorient Financial Markets.
CNBC takes to the streets of Beijing and interviewed mainland investors about how they saw the government's attempts to prop up equities.
George Boubouras, chief investment officer at Contango Asset Management and Gavin Parry, MD of Parry International Trading, discuss the sustainability of the rebound in Asian stocks early Tuesday.
PK Basu, chief ASEAN economist at Macquarie Securities, is retaining his year-end target of 4.15 for the ringgit on the back of "sound fundamentals" in the Malaysian economy.
Asian countries running twin deficits such as Indonesia and Thailand, are most vulnerable to an interest-rate rise in the U.S., says Gavin Parry, MD of Parry International Trading.
Gavin Parry, MD of Parry International Trading, says stock buying from China's "national team" could have underpinned the momentary upswing in Chinese stocks such as insurers on Monday.
Dan Yergin, vice shairman of IHS, says China-related jitters and the possibility of Iran adding to a global supply glut will shape a bearish outlook for the price of oil for at least a year.
Michael Gayed, chief investment strategist at Pension Partners, says the massive plunge in U.S. exchange-traded funds on Monday hints at something serious going on in terms of market dynamics.
Asian investors made a stampede for the exit on Monday on the back of growing fears surrounding the health of China's economy.
Tan Kim Eng, senior director at Standard & Poor's Ratings Services, explains whether the volatile fluctuations in Asian currencies could impact the credit ratings of countries in the region.
Stephen Ma, head of Greater China equities at BMO Global Asset Management, says Chinese markets are seeing "signs of a perfect storm" in the short term on the back of a stubborn economic slowdown.
Ken Peng, Asia investment strategist at Citi Private Bank, says the People's Bank of China will consider the steps taken by other central banks in the region, as it doesn't want to be seen as the "only one trying to lift the world."
Tim Seymour, CIO of Triogem Asset Management, discusses news that Beijing allowed on Sunday pension funds managed by local governments to invest in the stock market for the first time.
Daniel Hynes, senior commodity strategist at ANZ, expects further downside in the crude oil prices on the back of growing supply from the U.S. and Iran.
The latest upheavals in global markets have heightened speculation that the U.S. central bank might hold off its first interest rate hike. Meanwhile, the Fed will be having its annual retreat in Jackson Hole, Wyoming, this week.
Tan Min Lan, APAC chief investment officer at UBS, says she is comfortable with holding on to a diversified portfolio of risky assets, adding that she is also on the lookout for opportunities to add risk exposure.
Tim Seymour, CIO of Triogem Asset Management, says the fallout in global markets on the back of Beijing's move to devalue the yuan is "bizarre."
Ben Sy, head of fixed income, FX & commodities at JP Morgan, expects economic growth in China to be worse off in the second-half of the year hence exerting more pressure on the FX space.
John Bollinger, founder of BollingerBands.com, explains why the downturn in German's benchmark DAX index in April revealed early signs of a global market meltdown.
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