Asian stocks strengthen, boosted by ‘reopening optimism’

Published

4 years ago

May 26, 2020

Asian stocks strengthen, boosted by 'reopening optimism'

Hong Kong Hang Seng Index (HSI) up nearly 1.6%, adding to Monday’s gains. China Shanghai Composite (SHCOMP) up 0.7%.

South Korea Kospi Index (KOSPI) up around 1.3% and Japan Nikkei 225 (N225) up 2.2%.

In Hong Kong, investors moved from last week’s sharp losses. On Friday, Hang Seng experienced its worst day in almost five years after Beijing moved to pass a controversial national security law, a blow to the financial center’s autonomy.

Chinese foreign ministry commissioner in Hong Kong, Xie Fang, moved to reassure confused investors late Monday. The law will not affect freedom of speech, press, publications, and meetings, Xie said, according to to the Xinhua government news agency.

Xie added that the controversial law would protect law-based international business operations in Hong Kong.

“The dust cloud in Hong Kong has settled faster than anyone expected. Local risk sentiment is not nearly as severe as everyone feared,” Stephen Innes, global market strategist at AxiCorp, said in a note on Tuesday.

There is also a feeling of “reopening optimism” among investors, Innes said. They are optimistic about lockdowns in the United States and elsewhere will end.

In Japan, Prime Minister Shinzo Abe on Monday raised a state of emergency for the whole country, because the corona virus outbreak there subsided.

Abe is also eyeing a new stimulus package, saying that he will work to increase the government’s stimulus package to more than 200 trillion yen ($ 1.9 trillion), or about 40% of the annual output of the world’s third largest economy.

US futures also rose, as Americans jostled on a crowded beach in Florida, Maryland, Georgia, Virginia, and Indiana for that Memorial Day weekend. Many countries have begun to lift restrictions on business and public space.

Dow futures rose more than 330 points. S&P futures are up nearly 1.4% and Nasdaq futures are up around 1.5%.

Goodwin Townsend

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Portuguese historical films will premiere on 29 December.

Published

1 year ago

December 20, 2022

Herb Adkins

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 Ptix.bm 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.

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Herb Adkins

Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.

CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’

Published

1 year ago

December 20, 2022

Herb Adkins

CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS 'There will be room'

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Herb Adkins

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

Published

1 year ago

December 19, 2022

Herb Adkins

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.

Herb Adkins

Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.