Adani China returns from New Year’s, CSI 300, New Zealand trading

Adani Enterprises is strengthening while the subsidiaries of the group continue to decline shares Adani projects It rose 10% after seeing sharp losses in previous sessions as the company’s CFO expressed confidence in the IPO, which closes on January 31. The stock is still down more than 20% in the first month of the year. … Read more

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holiday

Passenger volume at Auckland Airport in New Zealand was 74% of pre-pandemic levels in November New Zealand’s Auckland Airport saw total passenger volume for November reach 74% of levels seen in the fiscal year to June 2019, or the last full year unaffected by the pandemic, according to the airport’s report. Monthly traffic update. The … Read more

Collapse of Stable Currencies May Spread to US Bond Market: Academic

The $1.4 trillion cryptocurrency market crash in 2022 did not affect traditional assets such as stocks or the real economy. But an academic warned that the failure of a major stablecoin could have an impact on the US bond market, pointing to a potential new area that investors need to watch as contagion continues to … Read more

Trade mixed in Asia Pacific markets as the region kicks off in 2023

India’s cement stocks have performed well in government infrastructure spending, says IIFL Securities Sanjiv Bhasin, director at investment management firm IIFL Securities, said domestic cement stocks in India are set to rise as government spending on infrastructure increases. Government spending on both commercial and real estate, and [developments on] Infrastructure will see cement companies perform … Read more