Alibaba tops Hong Kong internet fees, a week in review

China last night crane A week in review Asian stocks were mixed this week as South Korea faltered and Chinese markets gained, especially the internet sector, which saw a huge improvement in sentiment. The real estate sector also had a positive week of data showing new home sales rising +49% m/m in the first two … Read more

Stocks dampened inflation expectations due to copper bombardment

S&P futures rise 0.9%, European shares rise 1.5% MSCI global shares eye 2.5% weekly gain Copper falls more than 7% in the week, oil is down 2% German 10-year bond yields fell by 4 basis points LONDON (Reuters) – Global stocks are headed for their first weekly gain in a month, and Wall Street is … Read more

Price hike week has stocks on track for biggest drop since 2020

Pedestrians reflect in a window in front of a board displaying stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Register Everyone except the Bank of Japan is hiking Stocks fall as economic risks grow Yen falls as … Read more

In the “miracle” city of Shenzhen, concerns about China’s economic future

SHENZHEN, China, June 13 (Reuters) – (This story was rewritten on June 12 to make it clear where in the penultimate paragraph) David Fong made his way from a poor village in central China to the booming southern city of Shenzhen as a young man in 1997. Over the next twenty-five years, he worked for … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

Internet shares in Hong Kong are flying soaring in volume

China last night crane main news Asian stocks were significantly higher as Hong Kong outperformed and India underperformed. Today was more significant than meets the eye at first as trading volumes in Hong Kong were 130% of the first year average and were +31% from yesterday. It was the highest volume day in Hong Kong … Read more

Asian stocks outperform US futures and oil gains

A man passes through a screen displaying a chart showing the recent average movements of the Nikkei stock index outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Register now to get free unlimited access to Register Asian stock markets: The Nikkei is up 0.3%, the S&P 500 is up 0.4% … Read more

Stocks fall, bonds fall as German surprise renews inflation fears

A man wearing a protective mask, amid the outbreak of the coronavirus disease (COVID-19), walks through an electronic board displaying charts (top) for the Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now to get free unlimited access to Register SINGAPORE (Reuters) – Stocks fluctuated and bonds tumbled … Read more