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Asia-Pacific markets are mostly higher as investors digest the Fed's smaller quarter-point increase

Asia-Pacific markets are mostly higher as investors digest the Fed’s smaller quarter-point increase

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 …

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Asian stocks were mostly higher, but Hang Seng fell more than 2% as Alibaba faltered on reports of a headquarters shift

Asian stocks were mostly higher, but Hang Seng fell more than 2% as Alibaba faltered on reports of a headquarters shift

BANGKOK (AP) – Stocks traded mixed in Asia on Monday after Wall Street closed higher on Friday, capping a third week of gains from the last four. Tokyo and Shanghai rose while Hong Kong, Seoul and Sydney fell. Taiwan’s benchmark index jumped 3.8%. Attention was turning to the Fed’s decision on Wednesday on interest rates. …

Asian stocks were mostly higher, but Hang Seng fell more than 2% as Alibaba faltered on reports of a headquarters shift Read More »

China back from the new year, CSI 300, New Zealand trade, Fed meeting

China back from the new year, CSI 300, New Zealand trade, Fed meeting

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 …

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Stocks rose in the Asia-Pacific region as inflation in Tokyo approached a 42-year high

Stocks rose in the Asia-Pacific region as inflation in Tokyo approached a 42-year high

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 »

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holiday

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holiday

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 …

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