Market Talk – June 1, 2022
ASIA: U.S. authorities are ready to implement a ban on imports from China’s Xinjiang region when a law requiring it becomes enforceable later in June, a U.S. Customs official said on Wednesday, adding that a … Read more
ASIA: U.S. authorities are ready to implement a ban on imports from China’s Xinjiang region when a law requiring it becomes enforceable later in June, a U.S. Customs official said on Wednesday, adding that a … Read more
ASIA: China’s factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs eased, but movement controls continued to weigh on demand and production, raising concerns about economic growth in … Read more
ASIA: The Indian government is likely to stick to its fiscal deficit target as specified in the budget, and there may not necessarily be a need for increased government borrowing just yet, governor Shaktikanta Das … Read more
ASIA: Earlier this week, China’s premier, Li Keqiang, warned that the world’s second-largest economy could struggle to record positive growth in the current quarter. “We will try to make sure the economy grows in the … Read more
ASIA: US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan. Biden said he’s considering … Read more
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 253.38 points or -0.94% to 26,748.14 Shanghai decreased 75.93 points or -2.41% to 3,070.93 Hang Seng decreased 357.96 points or -1.75% … Read more
ASIA: Southeast Asian nations are in store for a tougher trade environment as China’s economic growth slows due to hardline coronavirus controls, experts say, while the US attempts to boost engagement with the region are … Read more
ASIA: China is trying once again to lift the spirits of its huge tech industry after a bruising regulatory offensive that has weakened some of its biggest businesses at a time of stalling economic growth. … Read more
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 508.36 points or -1.89% to 26,402.84 Shanghai increased 10.99 points or 0.36% to 3,096.96 Hang Seng decreased 523.60 points or -2.54% … Read more
ASIA: The major Asian stock markets had a mixed day today:• NIKKEI 225 increased 251.45 points or 0.94% to 26,911.20• Shanghai decreased 7.72 points or -0.25% to 3,085.98• Hang Seng increased 41.76 points or 0.20% … Read more