Asia-Pacific stocks set to trade lower as positive sentiment wanes

Hong Kong's Hang Seng index fell 0.86% in early trade. Trip.com reported a net loss of 989 million Chinese yuan for the first quarter of 2022. Overnight in the U.S., the major indexes fell...

Asia stocks edge down after Wall Street falls; oil rises

By Julie Zhu HONG KONG - Asian shares edge down in early trade on Tuesday with investors taking their cue from a volatile Wall Street session overnight, while oil prices climbed following last...

China Evergrande faces winding-up lawsuit for $110 million deal obligation

- China Evergrande Group said on Tuesday a winding-up petition was filed against it by investment holding firm Top Shine Global Ltd in Hong Kong for not fulfilling a financial obligation of...

China Evergrande faces winding-up lawsuit for $110 million deal obligation

China Evergrande Group said on Tuesday a winding-up petition was filed against it by investment holding firm Top Shine Global Ltd in Hong Kong for not fulfilling a financial obligation of HK$862.5...

Hong Kong Handover: China Communist Party Influence Grows, Gen Zs Plan to Leave

Hong Kong Handover: China Communist Party Influence Grows, Gen Zs Plan to Leave  Bloomberg

China is building a yuan currency reserve to compete with the dollar and prop up other economies facing volatility

China is teaming up with Indonesia, Malaysia, Hong Kong, Singapore, and Chile. Each will contribute the about $2.2 billion worth of yuan.

Dutch Treat For JD, Hong Kong Internet Gains

Asian investors did not forget about Fed Chair Powell’s less aggressive comments on interest rate hikes on Friday as equities had a strong start to the week, except for Indonesia.

Cardano (ADA) Might Surpass $1 Trillion in Market Cap

According to the founder of Crypto Capital Venture, Dan Gambardello, Cardano is just 62x away from hitting $1 trillion in market cap. Around a 62x for $ADA to hit $1 trillion market cap.— Dan...

6 Questions for Daniel Yan of Matrixport

This week, our 6 Questions go to Daniel Yan, founding partner and chief operating officer at Matrixport a digital assets financial services platform where users can invest, trade and...

ApeCoin (APE) Spikes 25% As Eminem and Snoop Dogg Show Support for BAYC

ApeCoin enjoyed one of its biggest rallies since launch as Snoop Dogg and Eminem, two of the most popular rappers in the world, released a music video featuring the Bored Ape Yacht Club (BAYC)...

Latest Vasil Upgrade Milestone Has Little Effect on ADA’s Price

This crypto bear market has seen some of the top crypto projects, such as Cardano , ramping up their development efforts. Now, the parent company of Cardano, Input Output Hong Kong (IOHK), has...

Etsy Downgraded at Needham & Company on Macro Outlook

By Vlad Schepkov Anna Andreeva of Needham & Company downgrades Etsy, Inc. to "Hold" from "Buy" Monday and removes her price target on the shares (previously, $150) on worsening near-term...

Needham & Company Sees 44% Upside in Shares of Chewy

By Louis Juricic Shares of e-commerce pet supplies company Chewy gained Monday morning, rising over 4%. The surge followed an upgrade by analysts at Needham & Company. Needham raised its view of...

Latest Vasil Upgrade Milestone Has Little Effect on ADA’s Price

Input Output Hong Kong (IOHK) has announced a new developmental milestone. In addition, IOHK has confirmed that Cardano has completed ...Read More...

Futures, Global Markets Rally, Bonds Slide As Traders Turn More Bullish

Futures, Global Markets Rally, Bonds Slide As Traders Turn More Bullish Following the best week for stocks in one month, global stocks extended gains on Monday on continued easing of...

Toronto index set to open higher on stronger commodity prices

- Futures for Canada's main stock index inched higher on Monday on gains in bullion and crude prices, although recession fears weighed on sentiment. September futures on the S&P/TSX index were up...

India stocks higher at close of trade; Nifty 50 up 0.85%

Investing.com – India stocks were higher after the close on Monday, as gains in the Capital Goods, IT and Technology sectors led shares higher. The best performers of the session on the Nifty 50...

Dow Futures Rise 65 Points in Subdued Trade

By Noreen Burke Investing.com -- U.S. stocks are seen opening moderately higher on Monday, holding gains after Wall Street's main indexes rallied on Friday as market participants try to gauge...

Hong Kong Hang Seng Rises More Than 2% Amid General Asia-Pacific Upswing

Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background...

Asia Shares Surge as Easing Fed Rate Fears Boost Tech

Hong Kong’s Hang Seng tech index soared 4.71% while technology heavyweights also lifted Japan’s Nikkei as commodity prices cooled The post Asia Shares Surge as Easing Fed Rate Fears Boost Tech...

Analysis-Meme stock investors place risky bet on bankrupt Revlon being the next Hertz

By Angelique Chen and Krystal Hu - Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. The 30-year-old plumber from Oxford, North Carolina, scored a 350% profit...

Del Vecchio rose from poverty to billions by adding style to spectacles

By Claudia Cristoferi and Silvia Aloisi Businessman Leonardo del Vecchio, who has died aged 87, created the glasses company that owns brands including Ray-Ban and used his billions to become one...

Evergrande investor says files lawsuit for non-repurchase of unit shares

HONG KONG - Investment holding firm Top Shine Global Ltd has decided to file a winding-up petition against China Evergrande Group as the embattled property developer did not repurchase shares in...

ANA's low-cost arm to resume flights to Seoul after 2-1/2 years, source says

By Maki Shiraki TOKYO - The low-cost carrier arm of Japan's ANA Holdings, Peach Aviation, is set to resume flights to Seoul from late August, according to a person familiar with the matter, after...

LIVE UPDATES:Russia defaults, gas prices lower, oil down, stocks whipsaw, crypto up

incoming update… Russia defaulted on its foreign-currency sovereign debt for the first time in more than a century after failing to make two payments by the Sunday night deadline. Moscow missed...

Hong Kong's top finance executives bank on city to thrive as gateway to China

By Selena Li, Kane Wu and Julie Zhu HONG KONG - In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role...

Go-slow Turkey unlikely to reach Nordics deal at NATO meet

By Orhan Coskun and Jonathan Spicer ANKARA - A NATO summit this week is unlikely to see a breakthrough to overcome Turkey's opposition to Sweden and Finland's membership bids as Ankara takes an...

Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks

By Promit Mukherjee, Toby Sterling and Josh Ye JOHANNESBURG/AMSTERDAM - Dutch technology investor Prosus (OTC:PROSF) NV on Monday announced it will gradually sell down its massive stake in...

China's Xi Jinping Keeps Hong Kong Guessing on In-Person Visit

China's Xi Jinping Keeps Hong Kong Guessing on In-Person Visit  Bloomberg

Norway court names suspect in Oslo gay bar shooting ahead of Pride gathering

By Gwladys Fouche OSLO - A Norwegian court on Monday named the suspect in a deadly rampage at a gay bar in Oslo as Zaniar Matapour, a Norwegian citizen of Iranian origin, as the city prepared a...

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