China livestreamers need qualifications for certain topics: Regulators

Chinese regulators have been looking to clean up the country’s popular livestreaming industry. This includes rules around what online influencers can and can not say and the topics that are off limits. Costfoto | Future Publishing | Getty Images Online influencers in China must now have a qualification to talk about certain topics such as … Read more

Morningstar analyst names her top Greater China stock picks

China’s latest outbreak of Covid-19 appears to be subsiding, and analyst Lorraine Tan believes the economy could get a boost if China eases off on its lockdowns. Despite the ongoing uncertainty, Tan, director of equity research in Asia at Morningstar, believes value remains in Greater China’s equity space, which has been beaten down in this … Read more

Australia RBA meeting minutes, oil and currencies

SINGAPORE – Asia-Pacific markets were mostly buoyant on Tuesday while bitcoin continued to rise after a recent rebound. Meanwhile, Australia’s central bank says inflation will peak by the end of the year. Japanese stocks led gains, with the Nikkei 225 trading 2.1% higher while the Topix also rose by around 2%. Taiwan’s Taiex index also … Read more

China loan prime rate, oil and currencies

SINGAPORE – Shares in Asia-Pacific appeared set for a lower start on Monday, as investors look ahead to the release of China’s latest benchmark lending rate. Futures pointed to a mildly lower open for Japanese stocks. The Nikkei futures contract in Osaka was at 25,960, against the Nikkei 225’s last close at 25,963. In Australia, … Read more

JD.com, Roku, Alibaba and more

Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable foreign exchange rates, although its most recent quarter did … Read more

Asia-Pacific markets mixed as investor sentiment remains fragile

SINGAPORE – Asia-Pacific markets were mixed in Thursday trading with multiple regional markets shedding earlier gains as buoyant sentiment from overnight moves on Wall Street following a Federal Reserve rate hike that equated to its most aggressive such move since 1994 faded. Japan’s Nikkei 225 rose 0.4% on the day to 26,431.20 while the Topix … Read more

Chinese stocks are looking cheap. Fund manager explains why he’s betting on Alibaba

Investors may still be nervous about Chinese stocks despite massive declines that have made them compelling, but portfolio manager Sid Choraria assures tech titan Alibaba is no “value trap.” To classify Alibaba as one, investors would have to believe that the e-commerce giant’s growth will be in the single digits, said Choraria of SC Asia. … Read more

Asia stocks continue sliding after Monday losses; Alibaba drops more than 5%

Risk assets have plummeted with recession risk rising given the surge in yields and expectations of the Fed doing a Volcker. Tapas Strickland Director of Economics, National Australia Bank Mainland Chinese stocks also declined as the Shanghai Composite fell 0.87% and the Shenzhen Component fell 1.41%. South Korea’s Kospi dipped 1.59%. Australia’s S & P … Read more

JPMorgan says Chinese assets are a good diversifier right now

Sign for JP Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York. Mike Kemp | Getty Images LONDON – As lockdowns ease and regulatory pressures subside, some of the headwinds facing Chinese stocks are set to … Read more

Asia-Pacific stocks rise; India’s interest rate decision ahead

SINGAPORE – Shares in Asia-Pacific rose in Wednesday morning trade as investors look ahead to the Reserve Bank of India’s latest interest rate decision expected later today. The Nikkei 225 in Japan advanced 0.94% while the Topix index climbed 1.08%. Japan’s economy shrank an annualized 0.5% in the first quarter, revised government data showed Wednesday … Read more