Tag: yuan
Asian Stocks Slide Despite Strong China GDP; Bond Yields Fall with Fed in Focus
Jennifer -
Asian stock markets experienced a downturn on Friday, reflecting losses in U.S. equities the previous day. Despite a positive surprise from China’s GDP data,...
Sunac China Shares and Bonds Plunge After Liquidation Petition Filed
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Shares and bonds of Sunac China fell sharply on Friday following the filing of a liquidation petition against the property developer, raising further concerns...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
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U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline
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Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...
Asian Stocks Hold Steady Amid Thin Trading; Japan Shares Surge on Record Budget Plans
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Asian stock markets showed limited movement on Thursday as trading volumes remained low due to holidays in several major markets. However, Japanese stocks surged...
Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts
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Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
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Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
Bonds Rise and Dollar Weakens Following Bessent Appointment
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SINGAPORE – Financial markets reacted positively to President-elect Donald Trump's selection of Scott Bessent as U.S. Treasury Secretary, with bond prices rising and the...
Trump Victory Sends USD, Bitcoin, U.S. Stock Futures, and Treasury Notes to Record Highs
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NEW YORK – Global markets surged following the announcement that Donald Trump would be declared the 47th President of the United States, sending the...
Hong Kong Stocks Jump More Than 3% in Afternoon Trading
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Hong Kong stocks experienced a significant rally on Friday, surging over 3% as traders responded positively to new measures from China aimed at stimulating...
China Plans to Use $325 Billion in Special Bond Funds to Stimulate Economy
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In a recent briefing in Beijing, China's Finance Minister Lan Fo'an announced that the country has 2.3 trillion yuan (approximately $325 billion) in special...
Markets Steady as Traders Await US Earnings Season: Market Wrap
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Overview European stocks and US futures remained largely unchanged as traders digested higher-than-expected inflation figures from the US and prepared for the upcoming earnings...