Stocks of blacklisted Chinese tech companies fall Shares of Chinese technology companies listed on mainland exchanges fell in Asia trade after the U.S. government announced a list of companies that will face…
Tag: World Markets
Asia-Pacific markets trade lower as recession fears grow
Japan’s December factory activity sees lowest since Oct. 2020 The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index fell to a seasonally adjusted 48.8 in December from a final 49.0 in…
10-year Treasury yield falls below 3.5% after weaker-than-expected retail sales
The 10-year Treasury yield fell Thursday, as markets digested a disappointing retail sales report that added to concerns the Federal Reserve’s aggressive rate hiking campaign could lead to a recession. The yield…
Decade ahead will be great for investing but we’ll need to wait 12 months first, CIO says
Bill Smead looks ahead to the best stock picks in 2023 and beyond. Bloomberg / Contributor / Getty Images Investors will need to wait out the next year to reap the financial…
Swiss central bank hikes interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, taking…
Asia-Pacific markets trade lower after Fed’s rate hike, signals more ahead
Emerging markets outside of Asia will be hit by disinflation in 2023, says JPMorgan Emerging markets are expected to face very strong disinflation in the first quarter of 2023 with the exception…