ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 103.94 points or 0.40% to 25,820.80 Shanghai increased 31.70 points or 1.01% to 3,155.22 Hang Seng increased 259.06 points or 1.25% to 21,052.17 ASX 200 increased 4.40 points or 0.06% to 7,063.60 Kospi increased 8.67 points or 0.38% to 2,264.65 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 377.64 points or -1.45% to 25,716.86 Shanghai increased 7.00 points or 0.22% to 3,123.52 Hang Seng increased 647.82 points or 3.22% to 20,793.11 ASX 200 increased 113.00 points or 1.63% to 7,059.20 Kospi increased 37.30 points or 1.68% to 2,255.98 […]

  ASIA:   China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. But the current Covid wave may hobble growth in the months ahead. China’s annual GDP is expected to have exceeded 120 trillion yuan ($17.4 trillion) last year, Xi said in […]

We wish all of our readers a happy and prosperous holiday season. Due to decreased market activity, Market Talk is postponed until January 3, 2023.   ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 120.15 points or 0.46% to 26,507.87 Shanghai decreased 13.98 points or -0.46% to 3,054.43 […]

ASIA:   The major Asian stock markets had a mixed day today:   NIKKEI 225 decreased 180.31 points or -0.68% to 26,387.72 Shanghai decreased 5.36 points or -0.17% to 3,068.41 Hang Seng increased 65.69 points or 0.34% to 19,160.49 ASX 200 increased 90.80 points or 1.29% to 7,115.10 Kospi decreased 4.34 points or -0.19% to […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 669.61 points or -2.46% to 26,568.03 Shanghai decreased 33.35 points or -1.07% to 3,073.77 Hang Seng decreased 258.01 points or -1.33% to 19,094.80 ASX 200 decreased 109.60 points or -1.54% to 7,024.30 Kospi decreased 18.88 points or -0.80% to 2,333.29 […]

ASIA: Japan’s economy, the world’s third largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as large export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting […]

ASIA: Uncertainty facing the global economy next year will exacerbate challenges at home for China, economists in Beijing say, while urging swift support to help counter external headwinds. As the risk of global recession looms, China should stay alert to turbulence in international markets and the potential of another financial crisis, said former vice-finance minister […]

ASIA:   Citigroup Inc said it will wind down its consumer banking business in China, a move which is expected to affect about 1,200 employees in the country. The exit will include products such as deposits, insurance, mortgages, investments, loans and cards, the lender said in a statement Thursday. The bank will also explore options […]

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 201.36 points or 0.72% to 28,156.21 Shanghai increased 0.20 points or 0.01% to 3,176.53 Hang Seng increased 77.25 points or 0.39% to 19,673.45 ASX 200 increased 48.00 points or 0.67% to 7,251.30 Kospi increased 26.85 points or 1.13% to 2,399.25 […]