BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in Read more
Tag: Shanghai Composite Index
XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge
Shares of China-based electrical vehicle makers shot higher Tuesday after October deliveries were reported, but glimmers of hope that China will relax the zero-COVID policy that has slowed the country’s Read more
Political uncertainty has been removed after China’s Party Congress, but investors are still gloomy
Financial-market investors were craving for clues on clearer economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday Read more
It looks like China’s Xi ‘installed a war cabinet’ and removed the reformers, says Kyle Bass
“‘It looks like he installed a war cabinet and removed the reform and opening people,’” — Kyle Bass, Hayman Capital founder and chief investment officer. That’s Kyle Bass, founder and Read more
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since Read more
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36% ended more Read more
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
Hong Kong stocks were on track for their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, Read more
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
Hong Kong stocks were on track for their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, Read more
Markets on watch as China’s Party congress kicks off this weekend. What investors need to know.
Investors have been battered by China’s economic slowdown, due in large part to a stubborn strain of COVID-19 that has rippled through the country this year which forced hundreds of Read more
Asian stocks moving lower in wake of latest volatile session on Wall Street
TOKYO (AP) — Asian shares were mostly lower on Wednesday following another volatile day on Wall Street, as traders braced for updates on inflation and corporate earnings. Benchmarks fell in Read more
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