President Biden Strikes Deal to Raise US Debt Ceiling, Japanese Market Gains Most
Despite China’s uneven economic recovery, Deutsche Bank “remains optimistic” about China for the medium to long term.
China’s Economic Data Missed Broad Expectations amid Wobbled Recovery
China’s economic outlook also affected the stocks of some of the top companies in the country.
Hong Kong Hang Seng Rises More Than 2% Amid General Asia-Pacific Upswing
By
Tolu Ajiboye
The Hang Seng index in Hong Kong advanced on the back of Chinese tech stock increases. There were also rallies in the US and the APAC region.
Chinese Tech Stocks Rebound as Alibaba, Tencent and Others Release Strong Quarterly Performance
The robust reports on Chinese tech stocks came in the midst of the strict Covid policy in China that has been choking the nation’s economy.
Chinese Tech Stocks Jumps with Meituan 14% Gain in Mixed Asia Trading
After the announcement of the Q4 performance, the Hang Seng Tech index rebounded from losses, gaining 3.05%.
Chinese Economy Grew by 8.1% as Lifted by Q4 Performance
The fourth quarter and full-year growth record of the Chinese economy was the buy signal for many investors.
Asia-Pacific Financial Markets Stumble amid New Covid-19 Variant
By
Tolu Ajiboye
The general performance of the Asia-Pacific markets was subpar as the region is experiencing the impact of new Covid variant B.1.1.529.
Asia Pacific Markets Tumble, Dow Jones Tank 500 Points, Japan’s Nikkei 225 Crashes 2%
Stock markets across the Asia Pacific entered heavy correction following strong market correction on Wall Street due to rise in bond yields.
U.S. Stock Futures Open Flat, Asian Indices Drag Down as COVID-19 Deaths Cross Half-A-Million
The global markets remain jittery as the total COVID-19 death count crosses the half-a-million mark. The WHO has warned of the latest acceleration in global access and called for new measures to combat this pandemic through public-private partnerships.
Dow Futures Lost 4.5% on Friday, Asian Market Nosedive as U.S. Fiscal Stimulus Bill Stalls
The fiscal stimulus bill presented by the Trump government failed to receive a key Senate vote and was halted from passing. The Democrats said that the bill did little to help out workers and more to bail out companies.
Chinese Stocks Plunged in February on Account of Coronavirus, Markets Bounce Back
On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.
Dow Futures Slide 400 Points as Coronavirus Cases Surge Outside China
Global markets across Europe and Asia have plunged severely on Monday as South Korea and Italy report several new affected cases of the coronavirus on Sunday. Analysts request investors to maintain caution at this stage.
Coronavirus Confirmed Cases Surge by 15,000 Crashing Asian Markets
By
Tolu Ajiboye
The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.
Stocks Crash over 7% on China Due to Coronavirus as Markets Reopen after New Year Holiday
By
Tolu Ajiboye
As market trading resumed in China after the holidays, stocks crashed over 7% being influenced by the effects of the coronavirus fears. China has pumped over 1 trillion yuan in rescue.
‘Phase One’ of U.S.-China Trade Deal Done, Asian Stocks React Differently
It is expected that in the next 2 years U.S. exports to China will almost double as the “phase one” of the U.S.-China trade deal is “totally done”.