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Posted on 16/05/2022

Normalcy to return in Shanghai from June 1 as Covid lockdown drags economy

Data on Monday showed China's industrial output fell 2.9% in April from a year earlier, down sharply from a 5.0% increase in March ... ( read original story ...)

Posted on 16/05/2022

Tokyo stocks rise after Shanghai says will reopen some businesses

Tokyo stocks opened sharply higher Monday, reflecting improved investor sentiment a day after Shanghai officials said the Chinese commercial hub will gradually allow some businesses to reopen ... ( read original story ...)

Posted on 16/05/2022

Stock Market Live Updates: SGX Nifty rises 88 points; Asian markets jump tracking Wall Street rally

Nifty futures on the Singapore Exchange traded 88 points, or 0.56 per cent, higher at 15,860.50, signaling that Dalal Street was headed for a positive start on Monday. Nifty50 on Friday closed lower ... ( read original story ...)

Posted on 16/05/2022

Stock Market LIVE Updates: Hong Kong stocks open higher

Hong Kong equities opened higher on Monday, following a Wall Street bounce sparked by a rally among tech-rich stocks. Stay with TOI for all latest up ... ( read original story ...)

Posted on 16/05/2022

Asia stock market clims, US Treasuries fall amid global markets bounce back; Goldman cuts growth outlook

Japan and Hong Kong paced regional equity gains, while US and European futures were little changed, providing some relief from this year’s stock market rout. The dollar hovered near a two-year high. ( read original story ...)

Posted on 16/05/2022

China central bank keeps medium-term policy rate unchanged, market expects LPR reduction

SHANGHAI :China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a fourth straight month on Monday, matching market expectations. The People's ... ( read original story ...)

Posted on 16/05/2022

Shanghai aims to reopen more businesses shut by COVID, Beijing battles on

The Chinese financial and manufacturing hub of Shanghai will gradually begin reopening businesses such as shopping malls and hair salons from Monday after weeks in a strict COVID-19 lockdown, the city ... ( read original story ...)

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