Signs of ‘serial acceleration’ in Hong Kong despite economic downturn in 2022: UBP UBB told CNBC’s “Squawk Box Asia” on Thursday that Hong Kong’s economy is “in a position to return to expansion” this year. “We’re seeing signs of a cascading acceleration in January. So that’s good news,” said Carlos Casanova, chief economist for Asia …
Ingots of 99.99 percent pure gold are placed in a workroom at the Krastsvetmet Precious Metals Plant in Krasnoyarsk, Siberia, Russia, January 31, 2023. Alexander Manziuk | Reuters gold Demand rose to an 11-year high in 2022 on the back of “massive central bank buying, aided by aggressive buying by retail investors,” according to the …
Gold demand rose to an 11-year high amid “massive” central bank buying Read More »
Adani Group’s chief financial officer says he is “confident” about selling the secondary shares Adani Group Chief Financial Officer Jugeshinder Singh on Monday said he was confident Adani projectsThe next public offering will be fully subscribed. Secondary stock sales of $2.5 billion Defeat overwhelmed him From nearly $48 as share prices of the group’s subsidiaries …
China back from the new year, CSI 300, New Zealand trade, Fed meeting Read More »
Adani shares fell further for the second straight day of losses Shares of Adani Group companies extended sharp losses for the second consecutive trading session in India after the short selling company Hindenburg made her stand short in conglomerate firms earlier this week. Adani denied the allegations in two separate statements, Jatin Jalondwala, head of …
Stocks rose in the Asia-Pacific region as inflation in Tokyo approached a 42-year high Read More »
CNBC Pro: These 6 Global Low-Debt Stocks Are Set to Outperform, Bernstein Says Higher interest rates have significant implications for companies with significant debt, as they are likely to face higher costs from increased borrowing. With interest rates still rising, analysts at Bernstein believe stocks with low exposure and high debt quality should outperform. The …
Australia PMI, Japan Jibun Flash PMI, Lunar New Year holiday Read More »
