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 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

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

End of a winning week on the Fed’s dovish bets

European markets calmed down, but recorded the sixth week of gains Europe Stokes 600 The index closed flat on Friday, capping an optimistic week that saw it surpass a three-month high and secure its sixth week of gains. The major German and French stock exchanges were flat, with Britain’s FTSE 100 up 0.3%. Expectations of … 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

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