Asia-Pacific markets traded lower on Monday amid unrest in China over its continued zero-Covid policy and a growing number of cases reported in the nation.
Monthly Archives For November 2022
Fears of Covid exit wave in China drive ventilator and oxygen machine sales
Chinese citizens are racing to buy ventilators and oxygen machines as anxiety and frustration mount over Beijing’s attempts to rein in a growing coronavirus outbreak. Cities across the country were rocked by protests over the…
Asian markets, crude drop on China Covid unrest
Stocks and oil prices sank Monday on concerns about protests across China at the government’s hardline zero-Covid policy, fuelling uncertainty in the world’s number two economy.
Protests Turn Political in China Over “Zero-COVID” Policy – What We Know
Chinese citizens took to the streets and universities over the weekend to protest the state’s “zero-COVID” policy.
Hong Kong stocks fall 3% on China unrest, oil drops to lowest in 2022
Asia-Pacific markets traded lower on Monday amid unrest in China over its continued zero-Covid policy and a growing number of cases reported in the nation.
Cover Story: China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough? (Part 1)
China is poised to roll out more policies to assist developers in an increasingly desperate attempt to arrest a protracted downturn of the multi-trillion-dollar property sector, a key pillar of the …
Beijing to boost role as national financial management center, as its vast potential highlighted at key forum
Beijing is eyeing a larger role as the … The suggestions include perfecting financial infrastructural construction, directing finance to serve the real economy and improving the business …
Stocks, oil skid as China’s COVID protests roil sentiment
Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID policy raised worries about management of the virus in the world’s second-largest …
China issues 1.6T yuan in tax rebates for export companies
China’s tax authorities have accelerated export tax rebates process this year in support of the steady growth of foreign trade, reported China Media Group (CMG) on Sunday. The country handled 1.64 …
Dollar rises broadly, yuan slumps as China’s COVID unrest rattles sentiment
The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervous investors toward the …
China’s pursuit of sci-tech goals to benefit world
However, some Western experts speculated that China’s emphasis on becoming more self-reliant in science and technology indicates the country is trying to decouple from the world to become more …
Crypto Market Daily Highlights – DOGE Bucked a Bearish Top Ten Session
The crypto market saw red for the second time in six sessions. Going into the final hour, the NASDAQ mini saw red, contributing to the session loss.
Beijing reports 840 symptomatic, 3,048 asymptomatic COVID cases for Nov 27
China’s capital Beijing reported 840 symptomatic new locally transmitted COVID-19 infections and 3,048 asymptomatic cases for Nov. 27, local government authorities said on Monday.