|Bid||5.24 x 0|
|Ask||5.25 x 0|
|Day's range||4.96 - 5.30|
|52-week range||3.20 - 5.79|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||N/A|
|Earnings date||06 May 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Nov 2019|
|1y target est||10.78|
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Indian 10-yr yields elevated despite RBI supportive views * Poll finds bullish positions on INR at over three-year high * Tech-dominated indexes of South Korea, Taiwan surge * Malaysia's stock index surges as corporates show cautious optimism By Rashmi Ashok Feb 25 (Reuters) - Asian stocks rose on Thursday after U.S. Federal Reserve Chair Jerome Powell soothed nerves over rising U.S. bond yields and calmed inflation worries by reassuring markets for a second day that interest rates would be left unchanged for now. Tech-heavy indexes of South Korea and Taiwan , which faced selling pressure due to worries over high valuations amid the spike in bond yields globally, reclaimed their footing to jump 3.5% and 1.5%, respectively.
Asia has recorded thestrongest start to the year for convertible bond deals in threeyears, and more is on the cards as low interest rates andfinancial market volatility point to a robust pipeline of futureissuance, according to data and advisers. Convertible bonds are an alternative to equity and bondissuance and allow companies with low or no credit ratingseasier access to cash. The rush underscores investors betting onthe liquidity-driven stock market rally to continue.
Singapore Airlines (OTC: SINGY) will defer S$4 billion ($3 billion) in aircraft purchases and other capital expenditures, a fresh indication of the lasting impact the COVID-19 pandemic will have on airlines and the aerospace manufacturers that rely on them. The decision will reshuffle the order books of Boeing (NYSE: BA) and Airbus (OTC: EADSY), and shows why it is dangerous for investors to count on airplane order backlogs to judge the near-term health of these businesses. Until recently, Singapore had been among the world's fastest growing airlines, and a key customer for larger, international-focused planes.