Action in the Asia-Pacific fell to trading Monday morning as developments on the coronavirus pandemic continue by investors. Hong Kong’s Hang Seng Index led gains regionally as it jumped 1.43% in early trading. Chinese parts of the mainland were mixed. The composition of Shanghai was slightly higher, while the Shenzhen …
Read More »Hong Kong publishes GDP second quarter 2020 data, economic updates
A man wearing a preventative measure wearing a face mask walks past a closed bar in Hong Kong. May James | SOPA images | LightRocket | Getty Images The Hong Kong government on Friday downgraded its full-year forecast following a recent surge in coronavirus cases that threaten to further derail …
Read More »coronavirus stimulants, faluta and oil
Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
Read More »Exports and imports in July
China-dollar denomination exports rose 7.2% while imports fell 1.4% from a year ago Friday showed data from the general administration of customs of the country. Economists surveyed by Reuters had expected that China’s exports denominated by dollar would fall by 0.2% from a year ago, while the forecast of 1% …
Read More »Najib Razak, former Prime Minister of Malaysia, found guilty in 1MDB trial
Former Malaysian Prime Minister Najib Razak (C) is escorted by police to a court in Kuala Lumpur on October 25, 2018. Mohd Rasfan | AFP | fake pictures Former Malaysian Prime Minister Najib Razak has been convicted of all seven charges in a case involving the multi-million dollar financial scandal …
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