Asia Pacific markets are mixed; Beijing eases some covid measures

The Indian rupee reached its weakest level in more than a month as the dollar rose Inflation in the Philippines rose to the highest level in 14 years due to food prices The Philippines Consumer Price Index for November rose 8.0% year-on-year, hitting a 14-year high on the back of higher food prices according to … Read more

China Covid Calm, Hong Kong Stocks Rise

Indonesia’s GoTo has lost nearly 70% of its value since it went public in April Indonesia GoTo group – The combined entity of passenger transportation giant Gojek and e-commerce marketplace Tokopedia lost 68.5% of its stake Initial value 400 trillion rupees ($28 billion) Since its initial public offering in April. On Thursday, pre-IPO shareholders such … Read more

South Korea inflation, US jobs report, COVID-19 in China

Singapore and New York ranked the most expensive cities to live in: EIU Singapore and New York were named as the most expensive cities to live in this year, according to Economic Information Unit (EIU). The average price of goods in 172 major cities globally has risen by 8.1% in local currency terms this year, … Read more

Hong Kong stocks led losses in Asia due to Chinese unrest, and oil is at a low in 2022

India’s inventories are at historic highs Indian stocks hit new highs in Monday’s session. The nifty 50 index, The main index on the National Stock Exchange of India touched 18,611.05, breaking the all-time intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 in the India morning session, also surpassing the previous … Read more

Stats Ben Simmons, Brooklyn Nets – Toronto Raptors, Dallas Mavericks – Boston Celtics, Jason Tatum, Luka Doncic

Ben Simmons continued his resurgence as the net bounced back. Plus Luka Doncic and Jayson Tatum have performed and more. Follow all the events of the day in NBA wrap! Watch an average of 9 LIVE NBA Regular Season games per week on ESPN on Kayo Sports on ESPN on Kayo Sports. New to Kayo? … Read more

New Zealand interest rate hikes and inflation data

UBS expects to fully reopen China by the third quarter of 2023 UBS Wealth Management expects a full reopening of China by the third quarter of next year due to a number of factors. “We think time is needed for a government that wants to scrutinize public messages because [some] “The concerns among the Chinese … Read more

Hong Kong shares rise in mixed Asian session and SoftBank shares fall 14%

Indonesian minister said foreign tourist arrivals will not return to pre-Covid levels until 2025 Foreign tourist arrivals in Indonesia will not return to pre-Covid levels until 2025, according to the country’s Ministry of Tourism. Sandiaga Ono, the country’s Minister of Tourism and Creative Economy, said the number of foreign tourist arrivals is currently at 25% … Read more

Australia blames Russians for health insurance data theft

Canberra, Australia – Moscow must hold Russian cybercriminals accountable for hacking AustraliaLarger health Australian officials said on Friday that the insurance company is dumping customers’ personal medical records on the dark web. The Australian Federal Police has taken the unusual step of blaming unresolved people cyber crime It resulted in the theft of personal data … Read more

Hong Kong shares jump after China reduces quarantine period, up more than 7%

The Chinese yuan is at its strongest level in more than a month after China eased Covid measures The Chinese yuan hit its strongest level in more than a month after China announced some easing of Covid measures. wild Chinese yuan It recently traded at 7.0949 against the US dollar, the strongest levels the currency … Read more

Stocks rally ahead of RBA decision; Caixin PMI less than 50

Oil prices rise 1% as dollar weakens Crude oil futures rose in the afternoon in Asia as the dollar faltered. Brent crude futures contracts It rose 1.23% at $93.95 a barrel, while US crude futures contracts Gain 1.12% to $87.50 a barrel. The dollar index – which measures the greenback against a basket of six … Read more