Most stocks are down in the Asia-Pacific region, and Tokyo’s inflation rate is at a 40-year high; US markets are closed

Most stocks are down in the Asia-Pacific region, and Tokyo's inflation rate is at a 40-year high;  US markets are closed

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Wood Mackenzie says the proposed G7 price cap may have no effect whatsoever on Russia Group of Seven (G7) suggested maximum price For Russian oil at $65 to $70 a barrel, it may not be much of a … Read more

Most stocks are down in the Asia-Pacific region, and Tokyo’s inflation rate is at a 40-year high; US markets are closed

Most stocks are down in the Asia-Pacific region, and Tokyo's inflation rate is at a 40-year high;  US markets are closed

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Hong Kong movers: Casinos, tech stocks fall as case numbers rise in China Hong Kong-listed stocks related to reopening and technology fell in the morning Asian session after reports of an increase in COVID-19 cases in China. Casino … Read more

The UBS strategist says the recession will be an inch deep but a mile wide

The UBS strategist says the recession will be an inch deep but a mile wide

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Global economic conditions will change in the coming year, and this will upend markets and sectors that have been underperforming, according to the chief strategist at investment bank UBS. Bhanu Baweja told CNBC’s “Squawk Box Europe” on Wednesday … Read more

Stock futures rose slightly as investors looked forward to the Federal Reserve’s meeting minutes

Stock futures rose slightly as investors looked forward to the Federal Reserve's meeting minutes

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 9, 2021. Brendan McDiarmid | Reuters US stock futures rose slightly on Wednesday morning, as investors looked to Federal Reserve meeting … Read more

New Zealand interest rate hikes and inflation data

New Zealand interest rate hikes and inflation data

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY New Zealand’s central bank hints at more increases to come Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the bank’s only goal is to reach the official money rate to a point where inflation can diminish. … Read more

New Zealand interest rate hikes and inflation data

New Zealand interest rate hikes and inflation data

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY The strength of the New Zealand dollar after the interest rate hike The New Zealand dollar rose to 0.6192 per dollar after the central bank raised interest rates by 75 basis points, the largest ever rise. The New … Read more

Hong Kong stocks led losses as coronavirus cases surged in China; Asian markets are mixed

Hong Kong stocks led losses as coronavirus cases surged in China;  Asian markets are mixed

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY JD.com shares plunge after the company cut senior management salaries Hong Kong shares listed JD.com It was trading down more than 5% in the afternoon after the company confirmed a pay cut for its senior management team. The … Read more

Hong Kong stocks led losses as coronavirus cases surged in China; Asian markets are mixed

Hong Kong stocks led losses as coronavirus cases surged in China;  Asian markets are mixed

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY JD.com shares plunge after the company cut senior management salaries Hong Kong shares listed JD.com It was trading down more than 5% in the afternoon after the company confirmed a pay cut for its senior management team. The … Read more

Asia-Pacific markets trade less; China keeps the LPR steady

Asia-Pacific markets trade less;  China keeps the LPR steady

Hong Kong movers: Stocks reopen and tech stocks drop as China reports Covid-related deaths Japanese trading houses rise as Berkshire Hathaway is reported to boost its stake Shares of some Japanese trading companies rose early in the Asian session, despite the decline in the region’s markets, after billionaire Warren Buffett’s Berkshire Hathaway boosted his stake … Read more

Asia-Pacific markets trade less; China keeps the LPR steady

Asia-Pacific markets trade less;  China keeps the LPR steady

China is keeping its loan prime rates suspended as expected China left its benchmark lending rate unchanged for the third consecutive month, according to an announcement from the People’s Bank of China. The one-year principal loan rate is fixed at 3.65%, the notice said, and the five-year rate is also suspended at 4.3%. – Abigail … Read more