China and Hong Kong stocks rise after new reports of easing COVID restrictions Economic slowdown fears temper risk sentiment Gas prices rise as freezing weather blankets Europe LONDON, Dec 8 (Reuters) – Global equities and oil prices battled their way out of a four-day slump on Thursday as deeply inverted bond yield curves and choppy …
Stocks and oil struggle to emerge from four-day drop Read More »
Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …
Reaction to China’s easing of COVID restrictions in major policy shift Read More »
LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see …
Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco Read More »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain Read More »
SINGAPORE/HONG KONG, Dec 5 (Reuters) – This is what markets call “tail risk”: a highly unlikely scenario in which Hong Kong’s currency peg suddenly collapses. Still, market prices suggest betting on such a shock is building in the hedge fund world, and some traders say that makes a lot of sense. Billionaire fund manager Bill …
Unlikely bets on breaking the Hong Kong dollar peg add up Read More »
Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …
HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC Read More »
https://tmsnrt.rs/2zpUAr4 China real estate stocks rally in political support Euro targets 5-month high, dollar nearly 3-month low against yen Oil prices bounce off China hopes, talk of production cuts SYDNEY, Nov 29 (Reuters) – Asian stocks rallied on Tuesday as Beijing’s latest move to prop up developers boosted the property sector and rumors swirled that …
Asian stocks and oil prices rise as Chinese speculation swirls Read More »
SYDNEY, Nov 23 (Reuters) – Asian stock markets were mostly in positive territory on Wednesday despite rising COVID-19 cases in mainland China, leaving investors uncertain about how much new outbreaks could slow the reopening of the world’s second largest economy. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.3%, after US stocks ended …
Asia shares gain despite rise in Chinese COVID cases Read More »
HONG KONG, Nov 22 (Reuters) – Chinese authorities are set to fine Jack Ma’s Ant group more than $1 billion, six sources with direct knowledge of the matter said, paving the way at the end of the fintech’s two-year commitment. regulatory overhaul. The People’s Bank of China (PBOC), which spearheaded Ant’s overhaul after the Chinese …
