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Reopening bets propel China markets to best month in years

  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 ...

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Taiwan dollar’s best rally in decades may stumble

  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 ...

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Oil drops to lowest since 2021 as China unrest rattles market

  Bloomberg Oil tumbled to its lowest price in almost a year as a wave of unrest in China punished risk assets and clouded the outlook for energy demand, compounding the stresses in an already volatile crude market. West Texas Intermediate sinks towards $74 a barrel following three weeks of losses, while Brent traded at around $81. Protests over harsh ...

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