Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. Hong Kong's Hang Seng gained 0.5% to 16,413.96 while the Shanghai ... ( read original story ...)
OCBC’s Wong reaffirms One Bank vision with eyes firmly on shareholders’ returns
Moreover, Chinese companies can exploit the friend-shoring trend in Western developed markets. Friend-shoring economies in Southeast Asia include Malaysia and Indonesia, which are among OCBC’s major ... ( read original story ...)
Shanghai Composite index analysis: slips as China risks remains
The Shanghai Composite index has severely come under intense pressure in the past few months even as global peers like the Dow Jones, DAX index, and Nasdaq 100 have surged. The index, which tracks ... ( read original story ...)
Stock market today: Asian shares surge as weak US jobs data back hopes for an end to rate hikes
Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. Hong Kong's Hang Seng gained 0.9% to 16,477.34, while the Shanghai ... ( read original story ...)
Apple Stock Rallies To 4-Month High—Market Cap Tops $3 Trillion Again
Apple’s market capitalization crossed the elusive $3 trillion threshold again Tuesday as its stock rallied to a four-month high amid projections about a booming holiday quarter for the Silicon Valley ... ( read original story ...)
Stock market today: Wall Street retreats after Moody’s downgrades China’s credit rating
In Asian trading, Hong Kong’s Hang Seng dropped 1.9% to 16,327.86, while the Shanghai Composite lost 1.7% to 2,972.30 ... could provide more insight into consumer spending and the jobs market. The government will release its October update on job ... ( read original story ...)
Moody’s cuts China credit outlook to negative, cites slowing economic growth, property crisis
Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector ( read original story ...)