Asia markets trade mixed after U.S. Fed signals rate hikes in 2023
The U.S. Federal Reserve on Wednesday brought forward the time frame on which it will next raise interest rates. The so-called dot plot of individual member expectations pointed to two hikes in 2023.
What is a cash flow statement and how to find it in moomoo?
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China's Shenzhen falls more than 2% in mixed Asia-Pacific trade
China's industrial output rose 8.8% in May as compared with the same period a year ago, official data showed on Wednesday. That missed expectations for a 9% on-year increase by analysts, and was also lower than the 9.8% rise seen in April.
Evergrande, Sinopec corp partner on lithium EV battery charging
Evergrande announced that the company has formed a strategic alliance with Sinopec corp, focusing on building facilities for battery-charging or battery-replacement of lithium electric cars, developing lighter materials for automobile manufacture, etc.
Nomura Rates EVERG SERVICES (06666.HK) Buy with $18.5 TP; Parentco Liquidity Concerns Overdone
EVERG SERVICES (06666.HK) has accumulated an approximate 19% share drop since June, mainly due to tight liquidity concerns over its parent company EVERGRANDE (03333.HK) and the expiry of IPO lock-up p
Asia-Pacific markets mixed; RBI keeps interest rates unchanged
The Reserve Bank of India Friday announced its decision to keep interest rates steady.
Hang Seng index in Hong Kong slips more than 1% in mixed Asia-Pacific trading day
The Caixin/Markit services Purchasing Managers' Index for May came in at 55.1 on Thursday, lower than the reading of 56.3 in April but still in growth territory.
HK May markit PMI climbs to 52.5, highest in over 7 yrs
The seasonally adjusted Hong Kong SAR Purchasing Manager's Index (PMI) posted 52.5 in May following a reading of 50.3 in April, announced by IHS Markit.
Asia-Pacific stocks mixed; Australia economy bounces back
Australia's gross domestic product rose 1.8% from last quarter on a seasonally adjusted basis in the first three months of the year, according to official data released Wednesday. Economists polled by Reuters were expecting a 1.5% increase.
Asia-Pacific stocks mostly rise; private survey shows Chinese factory activity expanding in May
The Caixin/Markit manufacturing Purchasing Managers' Index for May came in at 52, higher than April's reading of 51.9.