“There is a strong part of the Chinese economy; so, don’t buy the Chinese economy as a whole, buy the strength,” says Kingsley Jones of Jevons Global.
Apple shares fall 4% after Barclays downgrade
Barclays analysts think that weak iPhone 15 sales may be a harbinger of weak hardware and iPhone 16 sales in the year ahead.
Five dead as planes collide at Tokyo airport; all passengers evacuate Japan Airlines flight
A Japan Airlines aircraft carrying hundreds of passengers caught fire Tuesday on a runway at Tokyo’s Haneda airport.
Powerful quake rocks Japan, nearly 100,000 residents ordered to evacuate
A powerful earthquake struck central Japan on Monday, triggering warnings for residents to evacuate some areas on its west coast.
Singapore wraps up 2023 with highest quarterly growth for the year
The city state’s economy grew 2.8% year-on-year in the final quarter of 2023, and 1.2% for 2023, in line with expectations from Singapore’s trade and industry ministry.
Asia markets start year mixed, China stocks open lower as factory activity slumps further
Asia-Pacific markets were mixed at the start of the year, with official data from China over the weekend highlighting a deepening contraction in its manufacturing sector.
Investors are bullish on Asia in 2024. Here’s what to look out for
While 2023 was a year of rate rises, investors will be keeping an eye on geopolitics in Asia this year, as well as on the U.S. Federal Reserve.
Goldman Sachs says European Big Oil is at a ‘turning point’ — and names 3 top picks
EU Big Oil companies could “close their 40% valuation gap against their U.S. peers,” the bank says, naming “attractive” stocks and giving one over 30% upside.
United States acts as top cop — setting the crypto standards for the world
In a year that saw crypto giant Binance hit with a $4 billion settlement and high-profile SEC lawsuits, regulators overseas have been busy pursuing new laws.
China’s Xi says ‘reunification’ with Taiwan is inevitable
China considers Taiwan to be its “sacred territory” and has never renounced the use of force to bring it under Chinese control.