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Month: March 2022

Posted on 28/03/2022

GLOBAL MARKETS-Oil hit by Shanghai shutdown; yen sinks as BOJ defies the yield tide

Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the ... ( read original story ...)

Posted on 28/03/2022

China’s yuan touches two-week low after Shanghai orders two-stage lockdown

China's yuan weakened on Monday to a near two-week low against the dollar, as investor sentiment soured on heightened worries about economic disruption from COVID-19 after Shanghai took fresh lockdown ... ( read original story ...)

Posted on 28/03/2022

China’s Shanghai launches two-phase lockdown as COVID surges

China's financial hub of Shanghai launched a two-stage lockdown of its 26 million people on Monday, closing bridges and tunnels, and restricting highway traffic in a scramble to contain surging ... ( read original story ...)

Posted on 28/03/2022

Shanghai starts China’s biggest Covid lockdown in 2 years

The financial capital will conduct mass testing in two phases as questions are raised about the economic toll of the nation’s zero-tolerance strategy. ( read original story ...)

Posted on 28/03/2022

Shanghai Covid: Oil prices slide after city starts lockdown

Global oil prices have fallen as China starts to implement a city-wide lockdown in Shanghai, an important financial and manufacturing hub. Brent crude lost more than $3 a barrel on concerns that the ... ( read original story ...)

Posted on 28/03/2022

Shanghai starts China’s biggest COVID-19 lockdown in 2 years

China began its most extensive lockdown in two years Monday to conduct mass testing and control a growing outbreak in Shanghai as questions are raised about the ... ( read original story ...)

Posted on 28/03/2022

Asian Markets Mixed, Eyes On Ukraine Talks And Shanghai Lockdown

Asian markets fluctuated Monday with traders hopeful for some progress in ceasefire talks between Russia and Ukraine this week, though a phased lockdown in Shanghai led to fresh concerns about already ... ( read original story ...)

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