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00s’ High Tech Giants | 2020 New Normal | Emerging market
Chinese regulators hinted they may allow U.S. audits of U.S.-listed China stocks, but Covid lockdowns hit much of the economy.
Gazprom has now confirmed it has turned off the taps to Poland and Bulgaria from Wednesday as they had failed to pay in roubles, saying that supplies will be halted until payment has been made.
Asian shares retreated on Wednesday, echoing a broad decline on Wall Street and driven by worries about how the war in Ukraine may push prices for oil and other commodities higher.
Much of Beijing is in some form of quarantine following the two-month lockdown of Shanghai. That has prompted panic-buying that has emptied grocery stores across the city.
After last month’s hopes of economic stimulus, investors are realizing that actual government easing policies may be limited and slow.
The number of multimillionaires in Hong Kong fell last year as a challenging local investment environment undermined their wealth, according to the results of a survey released by Citibank on Tuesday. The city's affluent will adopt a more conservative and diversified approach to investment going forward, the study indicated. About 434,000 people in Hong Kong were estimated to have at least HK$10 million (US$1.27 million) each in total assets last year, a 15 per cent drop from 515,000 in 2020, ac
(Bloomberg) -- Chinese tech shares advanced as Beijing’s renewed pledge to step up growth lured back some buyers after weeks of intense selling. Most Read from BloombergElon Musk Lands Deal to Take Twitter Private for $44 BillionUkraine Latest: Lavrov Warns of Nuclear War; Biden Names EnvoyRussia Warns of Nuclear War Risk as Ukraine Talks Go On‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerThe Hang Seng Tech Index close
Interos Founder and CEO Jennifer Bisceglie joins Yahoo Finance Live to discuss the outsized role supply chain constraints are playing this earnings season.
(Bloomberg) -- Fears about the economic toll of China’s strict Covid Zero policy intensified Monday, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumbling. Most Read from Bloomberg‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerUkraine Latest: U.S. Vows to Step Up Weapons for KyivUkraine Latest: Zelenskiy Says Top U.S. Officials to Visit KyivStocks Tumble as China Lockdowns Rattl
The FTSE had 96% of its constituents in the red after the bell, with energy and commodity stocks the biggest drag on the index.