Weak Pound Could Push UK-listed Firms’ Dividend Payout To $115B This Year
[ad_1] Firms listed in the United Kingdom are likely to make dividend payments to the tune of $115 billion this year as sterling’s weakness is expected to push up the…
Euro Recovers Partially Against Dollar After 1% Fall
[ad_1] The euro recovered partially against the dollar on Wednesday morning in Asia trading, after falling over 1% overnight on the back of surging energy prices due to Russia’s gas supply…
Alibaba, Nio Stocks Fall As Hang Seng Index Tracks Wall Street Slide: Aussie Inflation In Focus
[ad_1] Shares of Alibaba, Nio and Li Auto lost more than 3% on Wednesday morning with the Hong Kong’s benchmark index Hang Seng falling over 1%, ahead of the release…
Alibaba Stock Surges 3.6% On Primary Hong Kong Listing Plan, Hang Seng Index Sees Trend-Reversal
[ad_1] Hong Kong’s benchmark Hang Seng Index opened in the green on Tuesday, flipping the trend from Monday, as better-than-expected economic growth data from South Korea offset mixed cues from Wall Street overnight.…
Oil Gains As Russia Leaves Europe Gasping For Natural Gas
[ad_1] Oil rose in Asia trading on Tuesday morning, driven by anticipation that Russia’s reduction of natural gas supply to Europe would prompt a switch to crude, although demand concerns…
Silver Prices Fall To 2-Year Low As Demand From Top Consumer China Falls — US Recession Fears Add To Woes
[ad_1] Silver prices have hit a two-year low as industrial demand from top consumer China remain low following strict COVID-19 restrictions in the country. Price Movement: Silver futures were trading…
Why Zomato Stock Is Falling
[ad_1] Shares of Indian food-delivery firm Zomato plunged 14% in intra-day trade on Monday touching as low as INR 46 per share, thereby, wiping out over $125 million in investor wealth.…
US Dollar Firms As Potential Fed Rate Hike Looms
[ad_1] The U.S. dollar traded strongly on Monday morning, gaining against most peers ahead of a potential 75 basis points rate hike by the U.S. Federal Reserve later this week. The U.S.…
Oil Falls As EU Eases Russia Sanction, US Demand Fears Rise
[ad_1] Oil fell in Asia trading on Monday morning, dragged by the European Union (EU) easing sanctions on Russian oil and growing demand concerns in the United States ahead of a possible…
Alibaba, Nio Stocks Slide: Is Snap Fallout Hitting Hang Seng Index?
[ad_1] Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media…
Bank Of Thailand Governor Assures Action On Excessive Baht Moves
[ad_1] Bank of Thailand Governor Sethaput Suthiwartnarueput has stated that the central bank will take action on any excessive moves in the Thai baht, Reuters reported. The currency may reverse…
Why Options Traders Should Start Monitoring The Hang Seng Index
[ad_1] After the steep fall beginning in February, when Hong Kong’s Hang Seng lost a quarter of its value, the benchmark index has relatively stabilized. Between April and May, the index…
Oil Steadies, Weak US Gasoline Demand Clouds Market
[ad_1] Oil prices edged up on Friday, led by strong demand in Asia after the commodity took a beating in the last few sessions. An outsized European Central Bank (ECB)…
Nio, Li Auto, Alibaba Stocks Rise: Hang Seng Index Today
[ad_1] U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc NIO and Li Auto Inc LI adding more than 4%, following a firmer close on Wall Street overnight…
Oil Falls For Second Day In A Row As Demand Concerns Outweigh Fears Of Supply Constraints
[ad_1] Oil traded lower for the second day in a row as concerns over demand overshadowed fears of supply constraints after U.S. government data indicated a sluggish demand during the…
Alibaba, Baidu Stocks Slide In Hong Kong Ahead Of Bank Of Japan Rate Decision
[ad_1] Hong Kong’s benchmark Hang Seng Index opened in the red on Thursday as shares of Baidu Inc BIDU, Alibaba Group Holding Ltd. BABA, Tencent Holdings Ltd. TCEHY, and Meituan MPNGF took…
Higher Inflation Forecast Keeps Yen Stable Despite Bank of Japan Maintaining Aggressive Monetary Policy
[ad_1] The Bank of Japan maintained its aggressive monetary policy in its decision announced on Thursday, giving prominence to growth over a weak Yen. The decision was widely expected among…
Alibaba, JD Stocks Rise, Peers Mixed: Hang Seng Index Today
[ad_1] Hong Kong’s benchmark Hang Seng Index rose over 2% in early Wednesday trading after a strong opening, driven by big tech stocks such as Alibaba Group Holding Ltd. BABA and Meituan MPNGF, following strong…
Oil Edges Lower In Asia Session On Central Banks’ Rate Hike Fears, Expected Rise In US Crude Inventories
[ad_1] Oil took a breather in early trade on Wednesday in Asia ahead of the anticipated rise in crude inventories in the U.S. A fear of rate hikes following the…
Asia Markets Surge Following Wall Street Earnings Boost — Japan, Australia Lead Pack
[ad_1] Asian markets surged Wednesday morning with Japan’s Nikkei leading the pack after Wall Street witnessed heavy buying, the day before, led by upbeat corporate earnings and expectations of gas…
Hang Seng Index Today: Alibaba (BABA), Xpeng (XPEV), Nio (NIO) Shares Fall
[ad_1] Shares of major U.S.-listed firms on the Hong Kong stock exchange dropped on Tuesday as the Hang Seng index commenced the trading day in the red. The index was…