Russia’s brutality as it re-positioned forces in Ukraine and China’s move to ease the clash with US auditors dominate the news. Hong Kong tech stocks rallied on the news while mainland markets are closed today...
Hawkish comments by Fed Chair Powell stoked a jump in yields and lit the dollar. News that Alibaba was boosting its share buyback program to $25 bln from $15 bln helped lift HK shares, while...
While the World Health Organization debates about downgrading Covid from a pandemic, the rise China and Hong Kong cases is striking. A lockdown in Shenzhen and restrictions in Shanghai, coupled with a record fine by...
A decade in the making, the RCEP pact takes effect January 1, easing trade among Southeast Asian and Asia-Pacific nations. Economic giants China, Japan and South Korea are set to benefit the most. Trade barriers...
The central bank meeting cycle is over. Most of the important high-frequency data has been released until early January. The US debt ceiling has been lifted, avoiding an improbable default. A year ago, there was a sense...
Researchers have urged EU member countries to invest a lot more in chip design, with a view to becoming less dependent on China. Yet other parts of the value chain require more attention. When German...
The Fed’s hawkish pivot came a few weeks before yesterday’s FOMC meeting, which confirmed more or less what the market had already largely anticipated. Buy the (dollar) on rumors (of tapering and more aggressive stance...
One of the most pressing challenges that lies ahead for countries heading into the post-covid world is the erratic changes in the climate occurring across the globe. The impacts associated with the climate emergency are...
More and more US companies are moving their production and manufacturing facilities back home because of supply snarls and insufficient production capacity abroad. When Johnson & Johnson got rid of him, James Wyner was deeply...
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
China has long considered imposing a property tax nationwide to control the country’s property bubble and curb excessive housing speculation. The top decision-making body of the National People’s Congress, China’s parliament, on Saturday announced that...
After a couple of sessions of taking on more risk, investors are taking a break today. Equities are mostly lower today after the S&P 500’s six-day advance took it almost to its record high, while the...