Why China’s Stock Market Is Losing Its Shine
China’s stock market was once the darling of Wall Street, with investors betting on a speedy recovery from the pandemic and a booming economy. But after a $1.5 trillion rout that wiped out almost 20% of its value, the outlook has turned gloomy. In this blog post, we’ll explore some of the reasons behind China’s […]
Tata Group’s Talks Over $1 Billion Bisleri Stake Stall
Tata Group’s talks for a majority stake in Bisleri International Pvt, one of India’s largest bottled water makers, have stalled overvaluation, according to people familiar with the matter. The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people […]
China’s Markets Fall as Covid Protests Make Investors Nervous
Chinese assets plunged on Monday as a sense of chaos and uncertainty gripped traders after growing protests against Covid restrictions complicated the nation’s path to reopening. The Hang Seng China Enterprises Index fell more than 2% in afternoon trading, with technology and real estate stocks leading the decline. The onshore Yuan weakened 0.6% against the […]
Hong Kong stock market sees uncertain future as China grows
Under Chinese rule, Hong Kong’s stock market has more than tripled. That’s still below Shanghai. Hong Kong’s benchmark stock index has earned a total return of more than 230 percent since delivery in July 1997. That compares with 320% of the Shanghai Composite Index and 580% of the S&P 500 Index in the United States. […]
Oil prices fall as recession fears trump tight supply
Oil prices fell on Monday, continuing last week’s losses. As concerns about slowing global economic growth overshadowed supply shortages. Brent crude futures were down 50 cents, or 0.44%, at $112.62 a barrel at 1429 GMT. The previous month’s prices fell 7.3% last week for their first weekly drop in five. U.S. West Texas Intermediate crude […]
US Stock futures are slightly lower on Monday
Stock futures fell on Monday night after a sleepy day of trading. As investors await key inflation data releases later in the week. Futures tied to the Dow Jones Industrial Average were down 0.1%. S&P 500 futures and Nasdaq 100 futures also fell 0.1% each. In regular trading on Monday, the three major averages ended […]
US Stock Market rebound faces key inflation test
US stock market rebound faces key inflation test as Wall Street Week Ahead. A rally that pushed U.S. stocks off the edge of a bear market faces a major test next week. It is when consumer price data is offered. Offers insight into how much more the Federal Reserve will have to do in its […]