Fed Minutes, Bank of Korea Decision, Sri Lanka

Malaysian stocks rose with the announcement of the Prime Minister’s State Palace Listed shares rose in Malaysia as the state palace announce Anwar Ibrahim, Prime Minister of the nation. pointer KLCI Index It traded up 2% following previous negative sessions, and traded at the highest levels in more than two months. communication group Axiata Group … Read more

China may have ‘passed the point of no return’ with soaring rates of Covid infection

Beijing’s business district was nearly empty during rush hour on November 22, 2022, after local authorities told people to work from home, among several measures aimed at controlling the recent Covid outbreak. Kevin Fryer | Getty Images News | Getty Images Macquarie’s chief China economist, Larry Hu, said surging Covid infections across mainland China was … Read more

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

Meituan, Tencent, APEC leaders meet, Japanese trade, unemployment in Australia

NetEase backtracked after Blizzard announced it was suspending its Chinese game services Hong Kong shares listed netease decreased by 13% after Blizzard Entertainment, a subsidiary of Activision Blizzardhe said Suspension of gaming services in Chinaciting expired licensing agreements with NetEase. “We are incredibly grateful for the passion our Chinese community has shown over the nearly … Read more

Hong Kong shares rose 3% as technology stocks advanced; Chinese activity data disappointing

Primavera Capital says there is huge value in some Chinese tech stocks Fred Ho, founder and chairman of Primavera Capital, said stocks of large Chinese tech companies are “too low” and “cheap.” Hong Kong’s Hang Seng Tech is down more than 30% since the start of the year, although the index has rebounded in recent … Read more

Be prepared to pounce when the market is oversold

CNBC’s Jim Cramer warned investors Friday not to let their guard down when it comes to their portfolios and prepare to cash in on good deals. “Ultimately, you’ll only regret if you don’t buy anything in a heavy sell,” Kramer said. “When the market eventually sells enough, though, that’s when you need to pounce.” Stocks … Read more

Open to close after a big week for earnings and monetary policy

Stocks on the go: Adidas rises 20%, Leonardo drops 7% German sportswear brand Adidas jumped 20% to top the Stoxx 600 list in Friday afternoon deals after announcing a new collaboration following her split from artist Kanye West. On the other hand, shares of Italian aerospace and defense company Leonardo fell 7% after issuing full-year … Read more

Stocks fall after the Federal Reserve points to more hikes ahead

Investors should remain wary of unverified notes on reopening China: Credit Suisse A strategist at Credit Suisse said investors need to “be careful” about unverified notes circulating on social media that China may reopen early next year. “I think that, from different angles with a lot of news flowing – especially the unverified one, we … Read more

5 Questions to Ask Your Financial Advisor Right Now About Inflation

The inflation rate in the euro area rose to 10.7% In October compared to last year, the highest number in the coin’s 23-year history. US inflation hit 8.2% in September, still hovering at a 40-decade high. In the UK, the rise in the cost of living was 10.1% year-on-year in September. In Singapore, the rate … Read more

Stocks rally ahead of RBA decision; Caixin PMI less than 50

Toyota earnings miss estimates, stocks drop sharply Japanese stocks listed on Toyota It fell sharply after it reported a 25% drop in its second-quarter operating profit. company mentioned 562.7 billion yen ($3.79 billion) in operating profit for the second quarter ended Sept. 30, which is a big error from the average estimate of 772.2 billion … Read more