Hong Kong shares jumped 4% ahead of China’s Covid briefing

Hong Kong shares jumped 4% ahead of China's Covid briefing

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Currency Check: Asa-Pacific currencies rose sharply, led by the Chinese Yuan Both the Chinese internal and external yuan strengthened against the dollar in the Asia session ahead of a press conference on Covid measures. The dollar lost 1.09% … Read more

Hong Kong stocks up 2% in the Asia session; The Covid situation in China remains in focus

Hong Kong stocks up 2% in the Asia session;  The Covid situation in China remains in focus

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Japan’s unemployment rate was unchanged, and retail sales came in below estimates Japan Unemployment rate October was flat from September’s reading of 2.6%, according to official data. The number is just above the median forecast of 2.5% of … 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 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

Fed Minutes, Bank of Korea Decision, Sri Lanka

Fed Minutes, Bank of Korea Decision, Sri Lanka

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY The Bank of Korea raised interest rates by 25 basis points, meeting expectations Bank of Korea raised the benchmark interest rate by 25 basis points to 3.25%, which is a smaller rise than its previous move and broadly … 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

Japan sees core inflation at a 40-year high as stocks in the Asia-Pacific region are rising

Japan sees core inflation at a 40-year high as stocks in the Asia-Pacific region are rising

The Philippine central bank expects the economy to experience “low growth” next year, not a recession Central Bank Governor Felipe Medalla of Bangko Sentral ng Pilipinas (BSP) said the economy is expected to see “low growth” of less than 5%, and not a recession next year. Speaking to CNBC Sri Jigaragah He said in an … Read more