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  Bloomberg Traders looking for a turnaround in Asian stocks in 2022 will be keeping a watchful eye on Chinese stimulus, the direction of the dollar, fading retail participation and the outlook for equity listings. The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage …

  Bloomberg Big tech powered US stocks to a third straight winning year in 2021, as giants like Apple Inc. and Microsoft Corp. continue to see strong demand almost regardless of the economic environment. Five of the market’s most notable Internet and technology names — Apple, Microsoft, Google parent Alphabet Inc, Amazon.com Inc and Facebook parent Meta Platforms Inc — …

  Bloomberg The Organisation of Petroleum Exporting Countries (Opec) and its allies are expected to revive more oil supplies when they meet next week, underscoring the group’s optimism in the outlook for global demand. The 23-nation alliance led by Saudi Arabia and Russia is likely to proceed with another modest monthly hike of 400,000 barrels a day as it restores …

  Bloomberg China added $16.7 billion in foreign debt in the third quarter of 2021 due in part to increased purchases of onshore yuan-denominated bonds by foreign investors. About 47% of China’s outstanding debt of $2.7 trillion at the end of September are medium to long-term obligations, up three percentage points from the end of June, Wang Chunying, deputy director …

  Bloomberg The European Union (EU) is planning to allow some natural-gas and nuclear energy projects to be classified as sustainable investments in a proposal that sparked immediate criticism from the Greens. The European Commission wants to give a temporary green label to gas projects that replace coal and emit no more than 270 grams of carbon dioxide equivalent per kilowatt-hour, …

  Bloomberg Indonesia, one of the world’s top exporters of thermal coal, is pausing exports of the fuel in January to secure dwindling supplies for domestic power plants. The monthlong halt is needed to prevent shutdowns at about 20 power plants in Java, Madura, Bali and other regions, the energy and mineral resources ministry said in a statement posted on …

  Bloomberg Travel delays continued in the US early Sunday as a winter storm swept eastward and carriers dealt with staff shortages caused by the rapid spread of the Omicron variant. Cancellations of flights into, out of and within the US were close to 1,900 early Sunday morning, with over 600 delays already posted, according to the tracking firm FlightAware.com, …

  Bloomberg Philippine Airlines Inc. received approval to tap $150 million in additional financing and plans to cut its debt by $2 billion, after winning approval last month from a US court for its reorganization plan. “There are immense challenges ahead, but we look forward to tackling them as a reinvigorated Philippine Airlines, better positioned for strategic growth to continue …

  Bloomberg A year-end order bonanza for Airbus SE has swept away the lead built up by Boeing Co and put the European planemaker in position to claim bragging rights for 2021. Boeing amassed an order advantage in early 2021 fueled by pent-up demand for its 737 Max as the single-aisle workhorse came off a two-year grounding. Through October, its …

  Bloomberg China issued a stern warning to Walmart Inc. following allegations that the company’s warehouse stores in the country stopped selling items from Xinjiang, ramping up pressure on the retail giant amid rising tensions with the US over the western province. The Central Commission for Discipline Inspection, the Chinese Communist Party’s anti-graft watchdog, rejected suggestions that inventory management was …