NetEase plunges after Blizzard announces suspension of gaming services in China Hong Kong listed shares of NetEase plunged 13% after Blizzard Entertainment, a subunit of ActivisionBlizzardsaid it would suspend gaming services in China, citing the expiration of licensing agreements with NetEase. “We are extremely grateful for the passion our Chinese community has shown throughout the …
Yellen and PBOC Governor Yi Gang meet on sidelines of G-20 summit US Treasury Secretary Janet Yellen and People’s Bank of China Governor Yi Gang met on the sidelines of the G20 summit in Bali, Indonesia. Yellen in a tweet said the two men discussed “global macroeconomic and financial challenges, including the economic outlook” for …
Asia-Pacific markets are generally lower as the second day of the G-20 is underway Read More »
China announced last week a shortening of its quarantine requirements, while simplifying travel rules and adjusting its surveillance regime. The news raised hopes that the country could soon materially roll back its draconian Covid restrictions, widely considered the toughest in the world. China has remained firm on its zero Covid policy even as countries around …
China relaxes its Covid measures. Here’s how market pros play it Read More »
