Bears keeping reins on Evergrande, growth chatters
2021-11-17 22:33:35 Asian markets print losses led by China, Hong Kong on Evergrande woes. Fears of untimely rate hikes to weigh on the nascent growth exert additional downside pressure. Bonds, gold price gain but DXY fails to cheer the safe-haven status. Asian shares remain on the back foot, with China and Hong Kong dropping the […]
China coal’s last hurrah comes too late for old mining towns
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2021-11-11 01:24:00 PINGDINGSHAN, China, Nov 11 (Reuters) – On the edges of an old and depleted mine on the rugged outskirts of Pingdingshan in central China’s Henan province, workers sift through dunes of low-grade coal, looking to extract every last calorie of energy from the city’s crumbling seams. But despite an unexpected energy crunch that […]
Stock market: Stocks retreat in Asia as China inflation pushes higher
2021-11-10 00:25:01 Asian shares fell Wednesday, tracking Wall Street’s retreat, with Chinese benchmarks leading the decline after the government reported a surge in inflation in October. China’s consumer price index, a main measure of inflation, rose 1.5% in October, up from 0.7% the month before, the National Bureau of Statistics reported. The surge to a […]
FTSE 100 ends higher on oil, mining boost; HSBC hits 4-month high
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2021-10-25 10:53:00 A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain, March 9, 2020. REUTERS/Toby Melville HSBC reports better-than-expected results Darktrace slumps on brokerage initiating ‘sell’ […]
In S.Korea, an army of retail investors flocks to YouTube for stock trading advice
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2021-10-20 18:04:00 FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration SEOUL, Oct 21 (Reuters) – Millions of South Koreans have jumped into stock market trading over the past year with their enthusiasm feeding […]