ASIA: Moody’s has downgraded China’s government credit rating outlook from stable to negative due to concerns about potential lower medium-term economic growth and the ongoing contraction of the property sector. Despite this, Moody’s has affirmed China’s A1 long-term local and foreign-currency issuer ratings. The agency predicts a 4% annual GDP growth for China in […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 200.24 points or -0.60% to 33,231.27 Shanghai decreased 8.72 points or -0.29% to 3,022.91 Hang Seng decreased 184.25 points or -1.09% to 16,646.05 ASX 200 increased 51.50 points or 0.73% to 7,124.70 Kospi increased 9.94 points or 0.40% to 2,514.95 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 55.38 points or -0.17% to 33,431.51 Shanghai increased 1.96 points or 0.06% to 3,031.64 Hang Seng decreased 212.58 points or -1.25% to 16,830.30 ASX 200 decreased 14.10 points or -0.20% to 7,073.20 Kospi decreased 30.28 points or -1.19% […]
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 165.67 points or 0.50% to 33,486.89 Shanghai increased 7.99 points or 0.26% to 3,029.67 Hang Seng increased 49.44 points or 0.29% to 17,042.88 ASX 200 increased 52.00 points or 0.74% to 7,087.30 Kospi increased 15.48 points or 0.61% to 2,535.29 […]
ASIA: China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time, […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 39.28 points or -0.12% to 33,408.39 Shanghai increased 6.85 points or 0.23% to 3,038.55 Hang Seng decreased 170.92 points or -0.98% to 17,354.14 ASX 200 increased 27.60 points or 0.39% to 7,015.20 Kospi increased 26.10 points or 1.05% to 2,521.76 […]
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 177.86 points or -0.53% to 33,447.67 Shanghai decreased 9.27 points or -0.30% to 3,031.70 Hang Seng decreased 34.36 points or -0.20% to 17,525.06 ASX 200 decreased 53.20 points or -0.76% to 6,987.60 Kospi decreased 0.97 points or -0.04% to […]
ASIA: In October, China experienced a slowdown in consumption rebound and a loss of momentum in private business confidence, as indicated by independent surveys and alternative data. Measures such as an indicator of consumer demand for recreation and transport, a survey of consumer sentiment, and a poll of private business sentiment all showed declines […]
ASIA: The major Asian stock markets had mixed day today: NIKKEI 225 increased 17.00 points or 0.05% to 32,585.11 Shanghai increased 7.56 points or 0.25% to 3,046.53 Hang Seng increased 222.95 points or 1.30% to 17,426.21 ASX 200 decreased 27.70 points or -0.40% to 6,948.80 Kospi decreased 5.90 points or -0.24% to 2,403.76 […]
ASIA: Prices are declining again in China, raising concerns about the possibility of deflation as households and businesses remain cautious about spending. State-controlled banks are injecting money into the construction of more factories, but the drop in prices may lead to a situation where companies and workers receive less money for their goods or […]
