⚠️BREAKING: *ASIAN-PACIFIC STOCKS MOSTLY HIGHER ACROSS THE REGION, HONG KONG LEADS GAINS AS TECH SHARES RALLY ON ‘BIG SHORT BETS - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
The People’s Bank of China said it will undertake more measures to boost economic growth this year, and will also shore up lending as the economy recovers from three years of COVID-related disruptions, state media reports showed.
Optimism over a Chinese economic recovery was also aided by data showing that new home prices rose slightly in January from the prior month. But on a year-on-year basis, ChineseA recovery in China bodes well for broader Asian markets, given the country’s role as a key trading hub for the region. Optimism over China also helped regional markets look past better-than-expected U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NASDAQ-listed Interactive Brokers to offer crypto trading in Hong KongInteractive Brokers has become the latest financial player to enter the Hong Kong crypto market in association with an SFC-approved firm.
Read more »
HKMA buys HK$14.868 bln as hong kong dollar hits weak end of trading rangeThe Hong Kong Monetary Authority has intervened in the market and this has sent the Hong Kong Dollar higher within its permitted trading range as foll
Read more »
Beijing eases meeting rule for U.S. top diplomat in Hong KongThe United States consul general no longer needs to secure China’s approval before meeting officials in the semi-autonomous Chinese city of Hong Kong, after a rule put in place during heightened tensions between Washington and Beijing was relaxed.
Read more »
National security warning now a part of Hong Kong land sales | CNN BusinessHong Kong real estate is the most expensive in the world, but it wasn't eye watering prices that took investors by surprise this week.
Read more »
Asian stock markets drop after U.S. inflation disappointsAsian stock markets fell Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate...
Read more »
Analysts like Airbnb's latest earnings but still see risks for the short-term rental stockAirbnb's latest quarterly earnings outperformed expectations, but most analysts are still concerned about the stock going forward.
Read more »