TSMC shares rise after Apple says it will use US-made chips from the Taiwanese company China expects further drop in exports and imports China’s trade data for November is expected to show a further decline in both exports and imports, according to a Reuters poll of economists. Exports are expected to fall 3.5% in November …
Asian markets trade mixed amid recession fears; China to release trade data 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 »
Chinese factory activity beats expectations and contracts for second straight month China’s official manufacturing purchasing managers’ index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s below analysts’ expectations polled by Reuters, who had forecast a reading of 49. October’s PMI was 49.2. PMI readings are sequential and …
Chinese factory activity at lowest since April; Asian markets are largely on the rise Read More »
TOKYO (AP) — Asian stocks were mostly higher on Tuesday as market jitters eased following protests in China sparked by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while stocks fell in Japan. Oil prices have fallen. Japanese government data released on Tuesday showed the unemployment …
Asian stocks rise except for Japan as markets watch China protests Read More »
JD.com shares fall after company slashes top executive pay Hong Kong listed shares of JD.com traded down more than 5% in the afternoon after the company confirmed pay cuts for its management team. The Chinese e-commerce giant has confirmed that it will cut the cash salaries of its management team by up to 20%, starting …
Hong Kong stocks lead losses as China’s Covid cases surge; Mixed Asian markets Read More »
DOHA, Qatar – On the outskirts of Qatar’s capital and miles from the stadiums and the brilliance of the World Cup, thousands of true nation builders gathered in a fenced parking lot in Asian Town, between a center commercial and a cricket stadium. They were a cross section of migrant workers, mostly men on leave, …
In Asian Town, some of the workers who built the World Cup gather to watch it Read More »
