Bank of America picks Asia-Pacific stocks to sell partly because of high revenue exposure to China
Bank of America's Asia stocks team has not recommended buying China stocks since November 2020. Source link
China’s Covid fears as Beijing expands mass testing
SINGAPORE — Markets in Asia-Pacific traded mixed on Tuesday morning as investors are set to closely watch market reaction to Covid fears in China as Beijing expands mass testing. Japan’s Nikkei 225 rose 0.17%, while the Topix was flat. South Korea’s Kospi rose 0.55%. Australian stocks however fell as trading resumed from a holiday on Monday. The S&P/ASX 200 plummeted …
Rising interest rates, Covid cases in focus
Pedestrians are reflected in a window as they walk past an electronic stock board at the ASX Ltd. exchange centre in Sydney, Australia, on Thursday, Feb. 14, 2019. David Moir | Bloomberg | Getty Images SINGAPORE — Australian shares fell in early trade on Monday as investors keep an eye on the coronavirus pandemic as well as rising interest rates …
US inflation data, China, oil prices
SINGAPORE — Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Japan’s Nikkei 225 extended losses from the previous session and was down 0.51%. The Topix index traded 0.33% lower. In South Korea, the Kospi fell 0.5% while the Kosdaq was down 0.52%. …
mining shares combined as commodity costs tumble
SINGAPORE — Shares in Asia-Pacific have been largely greater in Friday morning commerce as traders monitored strikes within the commodities house. In Japan, the Nikkei 225 gained 0.26% whereas the Topix index slipped 0.24%. South Korea’s Kospi traded fractionally greater. Mainland Chinese language shares have been combined in morning commerce, with the Shanghai composite fractionally decrease whereas the Shenzhen part …
