SINGAPORE – Asia-Pacific shares trade higher on Thursday after the Wall Street rally and as investors continue to tense up over the controversial visit of US House of Representatives Speaker Nancy Pelosi to Taiwan. From Hong Kong Hang Seng Index 2% and the Hang Seng Tech index up 3.16%. Shares of Ali Baba up about … Read more
SINGAPORE – Asia-Pacific stocks fell on Tuesday as South Korea’s inflation picked up and investors awaited the Reserve Bank of Australia’s interest rate decision. From Hong Kong Hang Seng Index down 3% and the Hang Seng Tech index fell 4.29%. The city’s gross domestic product fell 1.4% in the second quarter of 2022, according to … Read more
Alibaba says it will work to resume trading in US, Hong Kong after being added to SEC delisting risk list Chinese e-commerce giant Ali Baba said it would comply with U.S. regulators and working to maintain his listings in New York and Hong Kong. “Alibaba will continue to monitor market developments, comply with applicable laws … Read more
andresr | E + | beautiful pictures The Covid-19 relief and record-low interest rates have boosted many Americans’ finances during the pandemic. That’s especially true for millennials, who, on average, have built a substantial fortune. Millennials, born between 1981 and 1996, more than doubled their total net worth, reaching $9.38 trillion in the first quarter … Read more
US Treasury yields fell on Tuesday as investors braced for an important policy decision from the Federal Reserve. Return on benchmark 10-year Treasury bond down 4 basis points to 2.781%, while yields above 30-year Treasury bond down 4 basis points to 3.01%. Yields move inversely to price and basis point by 0.01%. Much of this … Read more
U.S. President Joe Biden speaks to his host as he arrives in Israel at Ben Gurion Airport in Lod near Tel Aviv, on July 13, 2022. Mandel Ngan | AFP | beautiful pictures Chairperson Joe BidenHis overall and economic approval numbers have hit the lowest level of his presidency and are down more than either … Read more
US Treasury yields were slightly higher on Monday, but the key yield curve remained inverted, with investors gauging the possibility of a Federal Reserve policy change next week. At around 6:04 a.m. ET, yielding above the benchmark 10-year Treasury bond increased to 2.963% while the yield above 30-year Treasury bond an increase of 3.117%. Yields … Read more
LONDON – European stocks rallied on Monday to build on Friday’s gains, although Italy’s main index was muted amid political instability. European dishes Stoxx 600 The index gained 1.2% in the first trades of the year, in which oil and gas stocks gained 2.9% leading the gain as all major sectors and exchanges entered the … Read more
LONDON – European stocks rallied on Monday to build on Friday’s gains, although Italy’s main index was muted amid political instability. European dishes Stoxx 600 The index gained 1.2% in the first trades of the year, in which oil and gas stocks gained 2.9% leading the gain as all major sectors and exchanges entered the … Read more
There has been much debate among market watchers about when this bear market will bottom, after a volatile first half of the year for stocks. But Morgan Stanley’s chief investment officer believes the end of this bear market will come “quite quickly”. Mike Wilson, also the chief equity strategist at the US investment bank, told … Read more