Indices erase losses, end marginally higher
Mumbai, Aug 18 (IANS) Benchmark indices have erased all its loses and ended marginally higher after the minutes of Federal Reserve's July meeting signalled a slowdown in the pace of future...
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Shanghai News & Analysis
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Chinese, Hong Kong Stocks Sink on Real Estate Jitters
By Ambar Warrick Investing.com-- Chinese and Hong Kong stocks led losses across Asia on Thursday, pulled lower by major real estate developers after a dire profit warning from Country...
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Nifty’s Opening Tracking Weak Global Cues & Firm Dollar After Fed Minutes
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.2% or 33.5 points lower at 8:33 am on...
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Sensex tops 60,000-mark in early morning trade
Mumbai, Aug 17 (IANS) Benchmark indices are trading higher in early morning trade on Wednesday, with Sensex topping the 60,000-mark and Nifty trading above 17,900. At 11:40 a.m., Sensex was...
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Nifty’s Opening Amid Mixed Global Cues, Ahead of US FOMC Meeting Minutes
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.25% or 45.5 points higher at 8:32 am on...
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Chinese Stocks Jump on Stimulus Hopes, Asian Bourses Rise
By Ambar Warrick Investing.com-- Most Asian stock markets rose on Wednesday following a strong lead-in from Wall Street, with Chinese indexes rising sharply as investors looked to more...
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Indices end higher for third straight session, Sensex closes at 58,842
Mumbai, Aug 16 (IANS) The benchmark indices ended higher for the third consecutive session with Sensex rising more than 300 points and Nifty rising over 100 points, as sentiments of...
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Asian Stocks Rise on Chinese Stimulus Hopes, BHP Supports Australia
By Ambar Warrick Investing.com-- Asian stocks rose on Tuesday as investors bet that China would roll out more stimulus measures to improve economic growth, while the Australian benchmark...
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SGX Nifty Futures Signal A Positive Opening Post Long Weekend: Market Cues
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.34% or 60.5 points higher at 8:21 am on...
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Ikea shoppers seen battling their way out of a Shanghai store after security staff tried to lock them in over Covid alert
Video footage showed crowds trying to force their way out of the doors before they were locked.
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: Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
On Sunday, the Tesla chief executive congratulated the company's Shanghai "gigafactory" in a tweet: "Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M."
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Elon Musk says Tesla has made over 3 million cars
"Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M," Musk tweeted.
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Real estate crisis in China can inflict bigger economic blow: Report
The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on the world's second-largest economy, according to media report.According to...
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Shanghai to reopen all schools Sept. 1 with daily COVID testing
SHANGHAI (Reuters) – China’s financial hub Shanghai said on Sunday it will reopen all primary, middle and high schools, kindergartens and nurseries on Sept. 1 after months of COVID-19...
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Shanghai extends weekly COVID-19 testing requirement until end of September
SHENZHEN, China (Reuters) – China’s most populous city Shanghai has extended its weekly COVID-19 test requirement and extended free testing until the end of September in a bid to keep...
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Drewry: World Container Index Down 32% Since A Year Ago
Drewry’s composite World Container Index decreased by 3% to $6,430.07 per 40ft container this week. Our detailed assessment for Thursday, 11 August 2022 o The composite index decreased by 3%...
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Weekly Brief: Key Economic Highlights Across Top Emerging Nations
By Malvika Gurung Investing.com -- The ongoing week witnessed a softer-than-expected July consumer inflation data recorded in the US, easing to 8.5% from a 40-year peak of 9.1% in June,...
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China, Australia Stocks Rattled by new COVID Lockdown
By Ambar Warrick Investing.com-- Chinese and Australian stocks fell on Friday as a COVID-19 lockdown in commodities hub Yiwu rattled sentiment, while most other Asian stocks trended higher...
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Pre-Open Cues: SGX Nifty Futures Signals Flat Opening, Japan Stocks Surge & More
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.05% or 9 points higher at 8:35 am on Friday,...
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Benchmark indices up post below estimate US inflation data
Mumbai, Aug 11 (IANS) Benchmark indices ended up on Thursday on improved sentiments of investors after US inflation data for July came below estimates, raising hopes that US Fed will be slow...
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China's Covid cases hit 3-month high of nearly 2,000 on beach town surge
Among the stranded foreign tourists in Sanya, a beach resort town in Hainan, there's a sense of confusion and shock as they wait on updates from hotel management
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Street Cues: SGX Nifty Futures Up, Strong Opening Expected Post Soft US Inflation
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 1.1% or 193 points higher at 8:35 am on...
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Benchmark indices end on flat note ahead of US inflation data
Mumbai, Aug 10 (IANS) The benchmark indices ended flat on Wednesday as investors remained cautious ahead of the release of US inflation data.At close, Sensex ended down 35.78 points or 0.06...
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Asian Stocks Sink After Weak Chinese Inflation, U.S. CPI in Focus
By Ambar Warrick Investing.com-- Asian markets slipped on Wednesday after weak inflation readings from China raised concerns over sluggish demand in the region’s largest export destination,...
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Nifty’s Opening Cues Ahead of US Inflation Data, Asian Markets Slide & More
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.13% or 23 points lower at 8:25 am on...
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No precipitous plunge in container shipping rates, just ‘orderly’ decline
There’s an old Greek shipping saying that goes: “Ninety-eight tankers and 101 cargoes, boom. Ninety-eight cargoes and 101 tankers, bust.” This doesn’t translate so well into modern-day...
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After two months of lockdown, a Shanghai resident escaped to a tropical island. Now, another lockdown means he can’t leave: ‘This is an unsustainable way to live’
China's premiere beach getaway was a safe haven from COVID. Until now.
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Softbank Drags Down Japan’s Nikkei, Asian Stocks Rise Slightly
By Ambar Warrick Investing.com-- Most Asian stocks recovered marginally from recent losses on Tuesday, while Japanese markets lagged on weak results from investment giant Softbank Group...
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Chinese Stocks Slip After Mixed Trade Data, Asian Bourses Retreat
By Ambar Warrick Investing.com-- Chinese stocks fell on Monday as investors digested mixed trade data from the country, while most Asian stocks also retreated amid growing expectations of...
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New Week Opening Cues: Blockbuster US Jobs Data Weighs on Wall St & Asian Markets
By Malvika Gurung Invetsing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.15% or 27 points lower at 8:50 am on Monday,...
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Drewry: World Container Index Down By 2% This Week, Now 29% Lower Than Same Week of Last Year
Drewry’s composite World Container Index decreased by 2% to $6,628.29 per 40ft container this week. Our detailed assessment for Thursday, 04 August 2022 • The composite index decreased by 2%...
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Economic Round-Up: Financial Highlights Across Top Emerging Nations This Week
By Malvika Gurung Investing.com -- The ongoing week is crammed with multiple economic developments globally. There is fresh geopolitical tension stemming between the US and China on US...
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Nifty’s Opening Ahead of RBI MPC Outcome: Global Cues As BoE Forecasts Recession
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.34% or 54 points higher at 8:48 am on...
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Taiwan's trade with China is far bigger than its trade with the U.S.
Taiwan's business and economic ties with mainland China and Hong Kong have grown so large that the region is by far the island's largest trading partner.
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Lower throughput in China in July
China’s crude throughput likely fell in July, weighed on by maintenance at state-owned refineries and amid uneven oil product demand recovery and limited exports. The country’s four...
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Sensex rises for sixth straight session; Nifty up just 42 points
Mumbai, Aug 3 (IANS) The benchmark indices ended higher for the sixth straight session on Wednesday, with Sensex rising more than 200 points and Nifty just over 42 points.At close, Sensex...
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SGX Nifty Futures Trade in Green Ahead of RBI MPC Meet; Global Cues in View
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.34% or 59.5 points higher at 8:50 am on...
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Nifty Pre-Open Cues: Asian Shares Plummet Upto 3%, Oil Slips, Recession Concerns
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.45% or 77.5 points lower at 9:05 am on...
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China, Taiwan Stocks Slump as Pelosi Visit Looms, Asian Markets Tumble
By Ambar Warrick Investing.com-- Chinese and Taiwanese stocks plummeted on Monday ahead of a possible trip by U.S. House Speaker Nancy Pelosi to Taipei, while Hong Kong’s Hang Seng index...
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Chinese Stocks lead Asian Bourses Higher on Service Sector Strength
By Ambar Warrick Investing.com-- China’s blue-chip index led gains among Asian stocks on Monday, recovering from its lowest level since mid-June as data showed service sector activity in...
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Nifty Pre-Open Cues: Asian Shares Trade Mixed, Oil Falls Ahead of OPEC+ Meeting
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 0.26% or 45.5 points higher at 8:50 am on...
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ONE Reports Record First Quarter Profit
Freight rates remained firm despite some softening in supply-demand conditions. ONE’s 1st quarter results for FY2022 is a record profit of US$5,499 million, an increase of US$2,940 million...
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Maersk Asia Pacific market update (July 2022)
Customers are continuing to face a raft of challenges as the Russia-Ukraine conflict weighs on the longer-term outlook for the global economy amid concern that inflation and higher energy...
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Drewry: World Container Index Down 28% Versus Same Week of 2021
Drewry’s composite World Container Index decreased by 0.9% to $6,761.63 per 40ft container this week. • The composite index decreased by 0.9% this week, the 22nd consecutive weekly decrease,...
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Shell sets up venture to build Shanghai hydrogen refuelling network
SINGAPORE (Reuters) – Shell said on Friday it will set up a joint venture with China’s Shenergy Group to build a hydrogen refuelling network in Shanghai, the first of its kind for the...
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Nifty Pre-Open Cues: Wall St Rallies on US Data & Upbeat Q2, Mixed Asian Shares
By Malvika Gurung Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, was trading 1.05% or 178.05 points higher at 8:40 am on...
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Asian Stocks Mixed, Follow Rise in U.S. Equities
By Zhang Mengying Investing.com – Asia Pacific stocks were mixed on Friday morning after U.S. equities rose on earnings. But a decline in Hong Kong and hesitant performance in China hampered...
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Sinopec agrees deals with INEOS, sells stake at Shanghai plant for $1.56 billion
SINGAPORE (Reuters) – China’s Sinopec Corp announced a string of deals with UK-based chemical and energy group INEOS including the sale of a 50% stake in Shanghai SECCO Petrochemical for...
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