Connect with us

Top News

SMIC falls, SoftBank falls in mixed Asian markets



SMIC falls, SoftBank falls in mixed Asian markets

Asian markets were mixed on Monday after a sharp sell-off on Wall Street last week.

Japanese Nikkei 225 NIK,
fell 0.5% while Hong Kong’s Hang Seng HSI,
fell by 0.4%. Shanghai Composite ShKOMP,
declined 1.9%, while the smaller-cap Shenzhen Composite 399106
fell 2.2%.

South Korean Kospi 180721,
+ 0.67%
rose 0.7%, while benchmarks in Taiwan (9,999 yen),
, Singapore STI,
+ 0.06%
and Indonesia JAKIDX,
were mixed. Australian S & P / ASX 200 XJO,
+ 0.32%
increased by 0.3%.

Data showed that China’s exports in August were higher-than-expected from the previous year, after another strong rise in July.

Shares of the Chinese chip manufacturer Semiconductor Manufacturing International Corp. 981, St.
Trade in Hong Kong plummeted after the Wall Street Journal reported that the Trump administration is considering imposing export restrictions against it, as with other chip maker Huawei Technologies.

SoftBank Group 9984, g.
Shares fell more than 7% on Monday after The Wall Street Journal reported that a Japanese investment group had bought about $ 4 billion in stock options pegged to individual technology stocks worth about $ 50 billion.

US markets are closed on Monday for Labor Day. Last week, the high-tech Nasdaq Composite COMP,
declined 3.3% weekly, the largest since March, while the Dow Jones Industrial Average DJIA,
fell 1.8% and the S&P 500 SPX,
lost 2.3%.

“We see the latest sell-off as a bout of profit-taking after strong gains,” Mark Hafele, chief investment officer of UBS Global Wealth Management, said Friday.

“Equities began to trade nervously on Monday after a two-day drop in global stocks since June left investors on edge,” Stephen Innes, AxiCorp’s chief strategist for global markets, wrote Monday. “In the short term, especially with US markets closed today, this should remain highly volatile as bounces are likely to be sold on purpose.”

See also  Portuguese guardian sees the white card and history drives the country

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Top News

Portuguese historical films will premiere on 29 December.



Portuguese historical films will premiere on 29 December.

Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.

A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.

“There are tickets For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.

Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.

“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.

Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.

More about

#History of Bermuda #A photo #Portuguese

Model: Everybody, Entertainment, Movies/Movies, History, News

See also  Former Knick Marshall Plumlee took his skills from the court to the Army
Continue Reading

Top News






This is a fact or event of journalistic interest. This may be new or recent information. This also applies to the novelty of an already known situation.


Mostly original text. Expresses the opinion of the author, but not necessarily the opinion of the newspaper. It can be written by journalists or specialists from different fields.


A report that contains unknown facts or episodes with a pronounced denunciatory content. This requires special methods and resources.

Content commerce

Editorial content that offers the reader conditions for making purchases.


This is the interpretation of the news, taking into account information that goes beyond the facts told. It uses data, brings events and scenario forecasts, as well as past contexts.


Analytical text translating the official position of the vehicle in relation to the facts covered.


This is an institutional article on a topic of interest to the company sponsoring the report.

fact checking

Content that confirms the accuracy and authenticity of the disclosed information or facts.


This is an article that brings subsidies, historical data and relevant information to help understand a fact or news.


An exciting report that details the various aspects and developments of this topic. It brings data, statistics, historical context, as well as stories of characters that are affected by or directly related to the topic in question.


A text with detailed analysis and opinions on products, services and works of art in a wide variety of fields such as literature, music, film and visual arts.

Continue Reading

Top News

Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.



Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.

According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”

In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.

The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.

In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.

From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.

Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.

“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.

“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.

See also  Business Mission sells Ceará to Portuguese investor - Egidio Serpa

Continue Reading