Hong Kong shares rose nearly 3% after reports said the city was considering easing a Covid law

China’s National Health Commission has issued guidelines for treating COVID at home Chinese health authorities announced Guidelines for treating covid patients at home On Thursday, the day after the policy was formalized to allow most The infected patients should be quarantined at homeAs part of the country’s mitigation measures. The notice on the National Health … Read more

SM Entertainment founder Lee Soo-man talks about the future of K-Pop, and running a business

It’s been more than 3 decades since Soo-man Lee founded SM Entertainment, a South Korean music agency known for bringing K-pop to the world. The entertainment company, which was originally founded as SM Studio in 1989, She became one of the first to launch the global Hallyu Wave – better known as the Korean Wave. … Read more

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

India is poised to become the third largest economy by 2030 India is expected to overtake Japan and Germany to become the third largest economy in the world. Standard & Poor’s Worldwide Morgan Stanley predicted in a report. The S&P forecast is based on the expectation that India’s average annual nominal GDP growth will be … Read more

factory activity in China at the lowest reading since April; Asia markets are considerably higher

Bitcoin briefly surpasses $17,000 to its highest level since mid-November Bitcoin briefly surpassed $17,000 in the morning Asian session for the first time since mid-November. bitcoin It increased by 2.2% over the previous 24 hours, according to currency metrics It was last traded at $16,863.07 per coin. ether It also rose, up 4.74% in the … Read more

Hong Kong shares jumped 4% ahead of China’s Covid briefing

China likely won’t make sudden changes to its Covid policy: NUS National University of Singapore Professor Wang Junguo said on CNBC that the Chinese government is unlikely to make sudden changes to its policy on the non-spread of the coronavirus, because that would create chaos. “Squawk Box Asia”. “If you suddenly change the policy, I … Read more

Fed Minutes, Bank of Korea Decision, Sri Lanka

Bill Ackman says the Hong Kong dollar peg will break Billionaire hedge fund manager Bill Ackman Sustainability questioned Hong Kong dollarHe pegged the currency to the dollar, adding that his company Pershing Square He has a large short position on the currency. “We have a short-term hypothetical position against the HKD through ownership of put … Read more

New Zealand interest rate hikes and inflation data

Chinese online gaming stocks rose as the crackdown on the sector appears to be easing New Zealand’s central bank hints at more increases to come Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the bank’s only goal is to reach the official money rate to a point where inflation can diminish. Orr’s comments … Read more

Asia Pacific markets were mixed as investors weigh the risks

Malaysian GPS Kingmaker Party will support Perikatan Nasional, not Pakatan Harapan One of the kingmakers in the Malaysian election, Gabungan Party Sarawak, a national political coalition based in Sarawak in eastern Malaysia, said it supports the Perikatan National Coalition to form a government and will not work with Anwar Ibrahim’s Pakatan Harapan. Malaysia’s king has … Read more

Asia-Pacific markets trade less; China keeps the LPR steady

Hong Kong movers: Stocks reopen and tech stocks drop as China reports Covid-related deaths Japanese trading houses rise as Berkshire Hathaway is reported to boost its stake Shares of some Japanese trading companies rose early in the Asian session, despite the decline in the region’s markets, after billionaire Warren Buffett’s Berkshire Hathaway boosted his stake … Read more

There is no win-win situation in a fragmented world

Singapore’s education minister, Chan Chun Sing, said in his keynote address at the Morgan Stanley Asia-Pacific Summit in Singapore on Wednesday that Singapore will not take sides in geopolitical disputes and will instead take positions in support of the rule of law. He said the world must remain interconnected despite the pressures of disintegration, because … Read more