ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 240.10 points or -0.73% to 32,686.25 Shanghai decreased 9.77 points or -0.33% to 2,958.99 Hang Seng increased 173.44 points or 1.07% to 16,402.19 ASX 200 increased 120.10 points or 1.65% to 7,377.90 Kospi increased 33.52 points or 1.34% to 2,544.18 […]
ASIA: In November, foreign investors significantly increased their bond purchases in key Asian markets due to a notable decline in U.S. Treasury yields and a shift in expectations for potential Federal Reserve rate cuts. They made their largest monthly net purchase since May, buying a total of $6.36 billion in South Korean, Indian, Malaysian, Indonesian, […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 51.90 points or 0.16% to 32,843.70 Shanghai increased 12.00 points or 0.40% to 3,003.44 Hang Seng increased 173.01 points or 1.07% to 16,374.50 ASX 200 increased 36.30 points or 0.50% to 7,235.30 Kospi increased 9.91 points or 0.39% to […]
ASIA: Moody’s Investors Service has downgraded the outlook for eight Chinese banks, including major institutions like Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank Corporation. This decision followed a similar downgrade of China’s government credit ratings. Additionally, Moody’s lowered Hong Kong’s outlook to negative due […]
ASIA: In November, China’s new loans are anticipated to have significantly increased compared to the previous month, surpassing the amount from the same period last year. According to a Reuters poll of 19 economists, Chinese banks are estimated to have issued 1.3 trillion yuan ($181.72 billion) in net new yuan loans, a notable rise […]
ASIA: The major Asian stock markets had negative day today: NIKKEI 225 decreased 587.59 points or -1.76% to 32,858.31 Shanghai decreased 2.73 points or -0.09% to 2,966.21 Hang Seng decreased 117.37 points or -0.71% to 16,345.89 ASX 200 decreased 5.10 points or -0.07% to 7,173.30 Kospi decreased 3.31 points or -0.13% to 2,492.07 SENSEX […]
ASIA: November, core inflation in Tokyo, Japan’s capital, slowed down, aligning with the central bank’s expectation that cost-push pressures in the country will gradually ease. Service prices, a focus for the central bank in assessing wage-driven inflation, experienced their fastest increase since 1994, primarily attributed to a spike in hotel fees due to […]
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% […]
