China’s factory and service sectors shake off 3 months of lockdown pain

A worker polishes a bicycle steel rim at a sports equipment manufacturing factory in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Join now for FREE unlimited access to Reuters.com Register Factory in China, services PMI above 50 for the first time since February Replay seen as COVID restrictions partially ease GDP … Read more

Asian stocks lose gains made on shorter Chinese quarantine as recession fears linger

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic chart displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, on 7 March 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, June 29 (Reuters) – Asian stock markets fell on Wednesday, extending Wall … Read more

Art Industry News: Insider Trading Rumors Circling CryptoPunks After Spiking 957% Before Noah Davis Appointment + Other Stories

Art Industry News is a daily summary of the most important developments in the art world and the art market. Here’s what you need to know on Monday, June 27. NEED TO READ Director of the Hermitage on the role of culture in the conflict in Ukraine – For the first time, the director of … Read more

Stocks Extend Bear Market Rebound as Inflation Anxiety Eases

MILAN/TOKYO, June 27 (Reuters) – Global stocks extended their rebound on Monday, building on Wall Street’s strong close on Friday, as off-peak oil prices helped improve sentiment and temper fears of prolonged inflation. Strong morning gains in Europe and a rally in Asian markets after China further eased COVID-19 restrictions lifted MSCI’s benchmark index for … Read more

Read market tea leaves for global recession risks

A Wall Street sign in front of the New York Stock Exchange in New York, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri//File Photo Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The fastest rate hike cycle in decades and inflation near double digits have prompted investors to scan … Read more

Alibaba leads Hong Kong internet fees, week in review

Alibaba leads Hong Kong internet fees, week in review

China last night KraneActions Review of the week Asian stocks were mixed this week as South Korea faltered and Chinese markets gained, particularly the internet sector, which saw a major improvement in sentiment. Real estate also had a positive week on the back of data showing new home sales rose +49% month-on-month in the first … Read more

Asian stocks fall, without dodging the risks of recession

People walk past an electronic screen showing Japan’s Nikkei stock price index inside a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register Asian scholarships: S&P futures lose first gains, Nikkei slips more than 1% Fed chairman expected to give hawkish testimony this week Euro … Read more

Shock Swiss rate hike puts markets on edge; The BOJ holds

Pedestrians are reflected in a window in front of a chart displaying share prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Join now for FREE unlimited access to Reuters.com Register The SNB raises 50 basis points, the franc soars, the dollar slips Stock markets tumble as further … Read more

Fed risk crushes stocks; dollar, bond yields soar

NEW YORK, June 14 (Reuters) – Global stocks fell for the second straight day on Tuesday as government bond yields and the U.S. dollar clung to multi-year highs as inflation soared led investors to prepare for what could be the biggest US market. interest rate hike in 28 years this week. Surprisingly strong US inflation … Read more

Global stocks near 2022 lows on inflation fears

LONDON, June 13 (Reuters) – Global stocks fell to fresh 2022 lows and the Japanese yen slipped to levels not seen in nearly a quarter century on Monday as searing U.S. inflation fueled concerns about even more aggressive policy tightening in a big week for central banks. The significantly higher-than-expected U.S. CPI print on Friday … Read more