Stocks

Bloomberg November is turning out to be the best month for Asia stocks since early 1990s relative to their global peers. The MSCI Asia Pacific Index jumped 14% this month, set for its biggest jump since 1998, as benchmarks in markets from Hong Kong to the Philippines saw strong gains that cracked records held for at least a decade. The ...

  Bloomberg Stocks and bonds have been traveling almost in lockstep in recent months, heaping pressure on investors seeking to hedge risk by splitting their portfolios between the two asset classes. The 60-day correlation between the Bloomberg Global Aggregate Bond Index and the MSCI All Country World Index of stocks climbed to the highest level since 2012 this week, according ...

  Bloomberg November looks set to mark a watershed moment for Chinese assets, as visible policy shifts away from Covid Zero triggered massive gains. After being pressured under the weight of virus restrictions and a property crisis, markets surged amid hopes of an eventual reopening. Chinese stocks in Hong Kong are headed for their best month since 2003, while the ...

  Bloomberg Taiwan dollar’s biggest rally in almost a quarter of a century is set to unwind as a looming global recession cuts into island’s technology exports. The currency, which has risen more than 4% this month to 30.90 per US dollar, will probably weaken to about 33 by the end of the first quarter, Mizuho Bank Ltd. and RBC ...

  Bloomberg Shares decline as growing unrest in China over Covid-19 restrictions sent a shiver through the global markets. The dollar steadied after strengthening in the risk-off mood while Treasuries advance. Europe’s equity benchmark fell, with oil companies sliding as events in China weighed on crude prices. US stock futures dropped as modest customer traffic and heavy discounting by American ...

Bloomberg Overseas investors have stepped up their return to Indian equities, helping power benchmarks gauges to record highs and derivatives data signals more room for the rally. Global funds have bought a net $3 billion of India stocks so far this month, according to Bloomberg-compiled data. Holdings of foreign investors in long index futures have risen by about six times ...

  Bloomberg Taiwan stocks dropped on Monday, weighed by ruling party DPP’s resounding defeat in local elections and amid a broader selloff across Asia. The benchmark Taiex slid 1.5%, the most since October 13, as investors worried that the government may stop the support measures for the market after opposition Kuomintang’s victory at the polls. The party held onto 13 ...

  Bloomberg US equity futures and European stocks fluctuated as investors assessed prospects for less-aggressive central bank tightening and weighed China’s latest move to stimulate its economy as Covid-19 infections rise. S&P 500 contracts inched higher before an abbreviated Thanksgiving weekend cash trading session on Wall Street. Those on the Nasdaq 100 were steady. Energy companies climbed in premarket as ...

Bloomberg Foreign investors are piling back into Taiwan’s market thanks to expectations of slower global rate hikes, helping make the benchmark gauge one of the region’s best performers this month. The stock rebound and influx of foreign capital come ahead of local elections, with polls serving as a show of confidence in the ruling Democratic Progressive Party ahead of a ...

  Bloomberg European stocks gained and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest rate increases. The Stoxx Europe 600 Index extended its recent rally as the real estate sector outperformed, boosted by the prospects of slower rate hikes and analyst upgrades. Dr. Martens Plc shares plunged the most on record after the bootmaker’s ...