The Asia Eight

Daily must-reads from the world’s most dynamic region

February 11, 2021

1 TOP STORY: Covid deals Malaysia massive GDP blow

2 ATF TV: Growth sectors in a post-pandemic world

3 NEWS: Yellen, investors caution against bitcoin surge

4 ASIA MARKETS: HSI climbs. Nikkei 225, CSI300 closed

5 NEWS: London overtaken as Europe share-trade centre

6 NEWS: Shell refocuses on renewables amid EV growth

7 NEWS: US pauses on pursuit of TikTok legal cases

8 ATF BIG PICTURE: Copper prices soar on EV demand

01 Top Story Malaysian GDP falls most since '98 crisis

Economy shrank 5.6% over 2020, but analysts expect the Southeast Asian nation to bounce back and enjoy significant growth in the second half of this year

02 ATF TV Future growth

Nitin Dialdas, CIO of MDN Capital Venture in Hong Kong, looks beyond Covid to the potential growth sectors of a post-pandemic world

03 Rain falls on BTC parade

Treasury chief Yellen cautions against cryptocurrency; warning reflected by leading economist Roubini and Tesla investors, but Mastercard gives tacit backing to the digicurrency

04 Asia Markets

HSI climbs 0.5% to 30,173.57 while the CSI300 and Nikkei were closed. MSCI AP flat

Market Wrap

05 City loses equities crown

Brexit sees business migrate from London to Amsterdam as officials try to hammer out a deal to allow British traders back into EU

06 Shell's renewables focus

But shift to 'greener' power sources appears far less than BP and Total, which both aim to increase their ownership of wind and solar farms; investors' reaction has been mixed, experts say

07 US takes stock of TikTok

Analysts say the facility will be able to make about 10% of the world’s 14nm chips; More advanced processes such as 12nm, N+1, and N+2 will also be produced at the new plant

08 ATF Big Picture