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

Fed Chair Powell is having trouble communicating with the market

No matter what Federal Reserve Chairman Jerome Powell says to market participants these days, they seem to only hear good things. Two recent examples: The first was in July, when Powell hinted that a rate hike might be on the way. The second was last week, when the central bank chief appeared to confirm that … Read more

European markets, stocks, data, news and earnings

Stocks on the Go: SBB Up 13%, Rational Down 8% Swedish real estate company SBB Its shares were up 13% in the late afternoon, gaining from their previous increases, after showing its pro forma earning capacity for 2023 following the divestiture of shares in education unit EduCo. At the bottom of the index is the … Read more

AWS is facing cost-sensitive customers in Reinvent as economic concerns mount

Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business from some of the world’s largest technology vendors. But as companies face the most challenging economic environment since the 2008 financial crisis, those massive checks you write to AWS about its tech infrastructure are under even … Read more

Car parking has become as important as cars in climate change efforts

Vcg | China Optical Group | Getty Images It’s not just cars that will go through the energy transition in the coming years. Parking lots where electric vehicles are recharged are a growing focus of construction efforts linked to climate change and carbon abatement. A law approved in France last month requires that car parks … Read more

European markets are open for the close as investors react to the US jobs data

Defensive sectors such as healthcare and defensive regions such as Switzerland are good bets, says the wealth manager at Credit Suisse Defensive sectors such as healthcare and defensive regions such as Switzerland are good bets, says the wealth manager at Credit Suisse. Credit Suisse’s Director of International Wealth, Nanette Hechler-Waidherbe discussed the markets on CNBC’s … 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

European markets close mixed pending changes in China’s Covid policy

Bank of England governor says UK gold market ‘not going back to normal’ The UK gold market is “not getting back to normal” yet Bank of England intervention on Sept. 28, according to Gov. Andrew Bailey, who spoke before the Committee of Lawmakers on Tuesday. The governor said the bank did not want to buy … 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