Pictures of the world ushering in 2022, as omicron weighs on New Year celebrations

From Sydney to Shanghai and Paris to New York, the world ushered in 2022 with New Year celebrations that were largely overshadowed by pandemic concerns — even as uncertainty looms and the omicron variant continues to drive up infections globally. Australia and New Zealand were among the first to ring in the new year, followed … Read more

Tech stocks in Hong Kong surge in shortened trading day for multiple Asia-Pacific markets

SINGAPORE — Hong Kong stocks led gains among major Asia-Pacific markets on Friday, with Chinese tech stocks in the city soaring. The Hang Seng index in Hong Kong jumped 2.05% in morning trade. Shares of Chinese tech firms listed in the city saw massive gains, with Alibaba surging 9.37% and Meituan advancing 6.23% while Tencent … Read more

Veteran strategist David Roche says China is set to ease monetary policy further

Monetary policy in China is set to ease as the government continues to focus on stability and the theme of “common prosperity,” veteran investment strategist David Roche said on Monday. Common prosperity refers to the Chinese government’s aim to generate moderate wealth for all, in response to the widening rich-poor gap that has emerged in … Read more

Philippine President Duterte’s China pivot hasn’t reduced tensions in the South China Sea

Philippine President Rodrigo Duterte met with Chinese President Xi Jinping in April, 2019 in Beijing, China. Kenzaburo Fukuhara | Kyodo News | Getty Images More than five years on, Philippine President Rodrigo Duterte’s Beijing-friendly postures have not tamed China’s aggression in the disputed South China Sea — and the next Philippine leader should be bolder … Read more

Asia-Pacific stocks mixed as some markets close early for Christmas Eve

SINGAPORE — Shares in Asia-Pacific were mixed on Friday as some major markets in the region, including Hong Kong and Singapore, closed early for Christmas Eve. Hong Kong’s Hang Seng index advanced 0.13% on the day to close at 23,223.76. Mainland Chinese stocks, on the other hand, closed lower. The Shanghai composite fell 0.69% to … Read more

4 charts show the current state of the Covid pandemic heading into 2022

A pedestrian wearing a protective face mask walks past a street-art mural by French street artist JBC, in tribute to health workers depicting a nurse wearing a protective face mask in reference to coronavirus disease (COVID-19) on March 24, 2021 in Paris, France. Chesnot | Getty Images Nearly two years into the Covid-19 pandemic, reported … Read more

Shares of the world’s largest medical glove maker have erased most Covid gains

Latex gloves are filled with water in a watertight test room at a Top Glove factory in Selangor, Malaysia, on Dec. 3, 2015. Charles Pertwee | Bloomberg | Getty Images Shares of Top Glove, the world’s largest medical glove maker, have erased much of their gains notched during the Covid-19 pandemic as analysts turn more … Read more

Asia-Pacific markets set to trade cautiously following overnight losses on Wall Street

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE — Asia-Pacific markets were set to trade cautiously on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. … Read more

Asia-Pacific markets set to trade cautiously as investors assess Fed decision to dial back bond buying

Employees wearing protective masks work in the trading room at the Daiwa Securities Group Inc. headquarters in Tokyo, Japan, on Thursday, Oct. 14, 2021. Toru Hanai | Bloomberg via Getty Images SINGAPORE — Asia-Pacific markets were set to trade cautiously as investors digest the U.S. Federal Reserve’s indications that its run of ultra-easy monetary policy … Read more