A General view showing the Hong Kong Skyline in Hong Kong, Saturday, May 22, 2021. (Photo by Vernon Yuen/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Asia-Pacific markets were largely range bound on Wednesday, while futures for Hong Kong’s Hang Seng Index suggested a 4% rise for the index when trading starts. HSI…
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets climbed on Tuesday, led by Chinese stocks as Beijing announced a slew of policy easing measures in a rare briefing from central bank governor Pan Gongsheng. The PBOC will cut the reserve requirement…
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Asia-Pacific markets were mostly higher Monday as investors digested monetary policy decisions from Japan and China as well as the U.S. Federal Reserve’s sharp rate cut last week. Data last Friday showed China’s…
The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan kept its benchmark interest rate steady at “around 0.25%” — the highest rate since 2008 — at the conclusion of a two-day meeting Friday. …
Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw both the S&P 500 and the Dow Jones Industrial Average reach new highs. Investors await the Federal Reserve’s rate decision due Wednesday stateside, and will also assess economic data from Japan as well the Indonesian central…
Hong Kong skyline. Billy H.C. Kwok | Bloomberg | Getty Images Asian markets opened mixed Monday, with Hong Kong stocks falling as investors assessed downbeat economic data from China, while several key markets were closed for holidays. Hong Kong’s Hang Seng index fell 0.76% on open, after China released a slew of worrying economic data…
The logo of Alibaba’s e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence Lo Singapore — Chinese e-commerce giant Alibaba‘s Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to…
The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets were mixed Friday, as mainland Chinese markets rebounded from a six year low and Australian markets near an all…
A general view is showing a shopping mall in Hong Kong, on Aug. 1, 2024. Vernon Yuen | NurPhoto | Getty Images Hong Kong’s July retail sales fell 11.8% from a year earlier, government data showed on Friday, reflecting the continued impact of the change in consumption patterns. Sales decreased to 29.1 billion Hong Kong dollars…