S&P/ASX 200

Asia-Pacific markets surge as most of region observes Lunar New Year holiday

Asia-Pacific markets surge as most of region observes Lunar New Year holiday

CNBC Pro: These 6 Low-Debt Global Stocks Should Outperform, Bernstein Says Rising interest rates have major implications for highly indebted companies, as they are likely to face higher costs due to increased borrowing. As interest rates continue to rise, Bernstein analysts believe stocks with low debt exposure and higher quality debt should outperform. The investment …

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Asia-Pacific markets mostly fall as investors digest Chinese economic data

Asia-Pacific markets mostly fall as investors digest Chinese economic data

Goldman Sachs: China’s ‘exit wave’ on reopening weighs on economy China’s “exit wave” in its reopening process has slowed the economy significantly, Goldman Sachs economists said in a report. “The ongoing ‘exit wave’ following China’s faster-than-expected reopening has weighed heavily on economic activity in recent months, due to a surge in infections, a temporary labor …

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Asia-Pacific markets trade mixed on chilled US inflation outlook

Asia-Pacific markets trade mixed on chilled US inflation outlook

Wholesale prices in Japan rise faster than expected Japan’s producer prices, or wholesale prices, rose 10.2% in December from a year ago, according to official data. It was more than the 9.5% rise expected by economists polled by Reuters and marked the third straight rise in monthly readings. The country’s producer prices rose 0.5% on …

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Asia-Pacific Markets Rise in Last Trading Session of 2022

Asia-Pacific Markets Rise in Last Trading Session of 2022

Week Ahead: Asia Pacific PMI, Trade Data, Inflation Readings Major economic events in Asia-Pacific next week will be dominated by PMI readings in the region. China’s National Bureau of Statistics is expected to release official manufacturing and non-manufacturing PMI printouts on Saturday. Reuters expects Chinese factory activity to show contraction with a reading of 48. …

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Asia-Pacific Markets Rise in Last Trading Session of 2022

Asia-Pacific Markets Rise in Last Trading Session of 2022

Week Ahead: Asia Pacific PMI, Trade Data, Inflation Readings Major economic events in Asia-Pacific next week will be dominated by PMI readings in the region. China’s National Bureau of Statistics is expected to release official manufacturing and non-manufacturing PMI printouts on Saturday. Reuters expects Chinese factory activity to show contraction with a reading of 48. …

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Asia-Pacific markets fall, benefiting from Wall Street losses

Asia-Pacific markets fall, benefiting from Wall Street losses

Oil prices fall as optimism over China’s reopening plummets Oil prices have fallen slightly as China continues to see a growing number of Covid cases as well as a strain on medical resources that are exploding optimism in the country’s reopening and the outlook for fuel demand. Brent futures lost 0.46% to settle at $82.88 …

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Asia-Pacific markets mixed as Japanese stocks see second day of losses

Asia-Pacific markets mixed as Japanese stocks see second day of losses

Indonesia to ban bauxite exports from June 2023 India’s central bank chief warns next financial crisis will come from private cryptocurrencies The next financial crisis will come from private cryptocurrencies, India’s central bank governor Shaktikanta Das said on Wednesday. Speaking at the BFSI Insight Summit 2022 hosted by Business Standard, Das said he was a …

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Asia-Pacific markets mixed as Japanese stocks see second day of losses

Asia-Pacific markets mixed as Japanese stocks see second day of losses

Indonesia to ban bauxite exports from June 2023 India’s central bank chief warns next financial crisis will come from private cryptocurrencies The next financial crisis will come from private cryptocurrencies, India’s central bank governor Shaktikanta Das said on Wednesday. Speaking at the BFSI Insight Summit 2022 hosted by Business Standard, Das said he was a …

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Nikkei 225 drops more than 2% after Bank of Japan widens yield target range, yen strengthens

Nikkei 225 drops more than 2% after Bank of Japan widens yield target range, yen strengthens

S&P sees oil prices soar to $121 as China fully reopens Oil prices could also reach $121 in a full reopening of China, S&P predicted, adding that prices are expected to settle at $90 a barrel for 2023. Oil prices are likely to see “a sharp rise” from a full reopening of China to $121 …

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