Shanghai

BUSINESS

Japan sees core inflation at highest in 40 years as Asia-Pacific stocks rise

Philippines central bank expects economy to see “low growth” next year, not a recession Central bank governor Felipe Medalla of Bangko Sentral ng Pilipinas (BSP) said the economy is expected to see “low growth” of under 5%, not a recession, next year. Speaking to CNBC’s Sri Jegarajah in an interview, he said the central bank […]

Read More
BUSINESS

Hong Kong stocks jump after China trims quarantine period, up more than 7%

Oil prices rise more than 2% on back of China easing quarantine measures Reopening stocks jump after China’s eased Covid measures reported China trims Covid quarantine time by two days Chinese state media announced on Friday that the country will reduce quarantine time for international travelers by two days. The revised rules state travelers will […]

Read More
Latest-News

Asia-Pacific’s Largest Photography Fair Will Host Its Inaugural New York Edition Next Fall

Photofairs, Asia’s largest photography fair, will make its debut in New York next year. Event organizer Creo has announced the first Photofairs New York will take place from September 8–10, 2023 at the Javits Center, just next door to the Armory Show. Held in partnership with Angus Montgomery Arts, the fair will showcase photography, film, […]

Read More
BUSINESS

Hong Kong’s Hang Seng index rises 4%; Asia markets mixed ahead of U.S. jobs report

The Hong Kong Stock Exchange in Hong Kong, China, on Wednesday, July 13, 2022. Paul Yeung | Bloomberg | Getty Images Qantas’ shareholders meeting and Singapore’s retail sales data are also slated for Friday. The monthly U.S. employment report is scheduled to be released later. Economists expect 205,000 jobs were added in October, and forecast […]

Read More
BUSINESS

Hong Kong’s Hang Seng index briefly rises 4%; Asia markets mixed ahead of U.S. jobs report

The Hong Kong Stock Exchange in Hong Kong, China, on Wednesday, July 13, 2022. Paul Yeung | Bloomberg | Getty Images Qantas’ shareholders meeting and Singapore’s retail sales data are also slated for Friday. The monthly U.S. employment report is scheduled to be released later. Economists expect 205,000 jobs were added in October, and forecast […]

Read More
BUSINESS

Stocks drop after the Fed signals more hikes ahead

Investors should remain cautious about unverified notes on China reopening: Credit Suisse Investors need to “remain cautious” about unverified notes circulating on social media hinting at a potential China reopening early next year, a strategist at Credit Suisse said. “I think, judging from different angles with a lot of news flows — especially the unverified […]

Read More
BUSINESS

Hong Kong stocks slip; Asia markets mixed ahead of Fed rate decision

Oil prices rise following industry report of fall in U.S. crude inventories Oil prices rose on Wednesday as persisting demand in spite of high interest rate hikes, industry reports showed a drop in U.S. crude inventories, Reuters reported citing American Petroleum Institute figures released on Tuesday. Brent crude futures gained $1.31, or 1.46%, to stand […]

Read More
BUSINESS

Stocks higher ahead of RBA decision; Caixin PMI below 50

China’s factory activity shrank for a third consecutive month in October, private survey says The Caixin manufacturing Purchasing Managers’ Index for October showed that factory activity contracted for the third month in a row. The reading came in at 49.2, compared with expectations for a print of 49. In September, the manufacturing PMI was at […]

Read More
Latest-News

New Pay Transparency Laws in California and New York City Impose Disclosure Obligations for Any Position That Can Be Performed in Those Locations

California and New York City are joining Colorado and Washington state in imposing pay range disclosures in job postings. On November 1, 2022, covered employers will be required to include the salary range in a job posting for any position that can be performed, at least in part, in New York City. On January 1, […]

Read More