Recent Posts

Global tech stock rout worsens as China index set for record low

Bloomberg The global selloff in technology equities continued in Asia on Tuesday amid fears of higher interest rates, with a benchmark tracking Chinese technology stocks in Hong Kong set to close at a record low. The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on ...

Read More »

Japan’s stocks extend losing streak as new PM underwhelms

Bloomberg Japanese equities fall, pushing the Nikkei 225 Stock Average to a seventh-daily loss and the brink of a technical correction, amid market disappointment with a new government and a host of threats to global economic growth. The blue-chip measure closed 2.2% lower, capping its worst longest losing streak since May 2019 and extending its loss from a September high ...

Read More »

Opec+ choice to drip-feed crude supply sends price to 7-year high

Bloomberg Opec+ agreed to maintain its schedule of gradual monthly production increases, triggering a surge in crude prices. Ministers ratified the 400,000 barrel-a-day supply hike scheduled for November after a short video conference on Monday. Going into the talks, there had been speculation that they could opt for a larger supply increase, but no such proposal was made, delegates said, ...

Read More »
Send this to a friend