SMIC falls, SoftBank falls in mixed Asian markets

Published

4 years ago

September 7, 2020

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,
-0.49%
fell 0.5% while Hong Kong’s Hang Seng HSI,
-0.42%
fell by 0.4%. Shanghai Composite ShKOMP,
-1.87%
declined 1.9%, while the smaller-cap Shenzhen Composite 399106
-2.21%
fell 2.2%.

South Korean Kospi 180721,
+ 0.67%
rose 0.7%, while benchmarks in Taiwan (9,999 yen),
-0.28%
, Singapore STI,
+ 0.06%
and Indonesia JAKIDX,
-0.18%
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.
-22.87%
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.
-7.15%
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,
-1.26%
declined 3.3% weekly, the largest since March, while the Dow Jones Industrial Average DJIA,
-0.56%
fell 1.8% and the S&P 500 SPX,
-0.81%
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.”

Herb Adkins

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

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.

More about

#History of Bermuda #A photo #Portuguese

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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

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

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.