Economy
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Japan to Deny Foreign Resident Re-Entry from Risk Countries
Japan will bar re-entry of foreign residents from Covid-19's omicron flagged countries starting Thursday.
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Breaking News
China’s Private PMI Guage Shows Contraction
Private PMI gauge of Caixin shows factory activity in the world's second largest economy has slowed down in November
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Breaking News
Jerome Powell More Hawkish During His Statement Before the Senate
Federal Reserve's chairman Jerome Powell during his statement before the senate said it is time to retire the word transitory inflation
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Breaking News
Eurozone Inflation Came in at Highest in 25 Years
Eurozones inflation for November highest in 25 years, which raises question on policymaker's next move on monetary policy
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Breaking News
Chinese Facotry Activity Rose for the First Time in Three Months
According to official data purchasing manager's index rose beating market forecast
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Breaking News
Is Inflation Transitory or Persistent Afterall?
FED chair Jerome Powell in a statement said he expects inflation to recede over the next year, however Omicron might lead to inflation lingering longer than expected
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Breaking News
Escalation of Omicron Could Lead China to Double Down Zero COVID Stance
An outbreak of Omicron could lead China to implement full-scale lockdown which could potentially add to further bottleneck in the supply chain
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Top Financial Firms in No Rush to Adjust Portfolio amid Covid-19 Omicron Variant
Goldman Sachs, Credit Suisse and J.P. Morgan are not in high alert on new Covid-19 variant as data has yet to come out.
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Breaking News
Korean Central Bank Raised Interest Rates and Furthur Monetary Tightening Awaits
Bank of Korea on thursday raised interest rate and revised outlook on inflation
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Breaking News
U.S. Economy Rebounds Strongly with Tigther Labor Market but with Accelerating Infaltion
Unemployment claims came out 52-years low and inflation number accelerating at rapid pace
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Breaking News
Equity Markets Muted, FED Minitues and Key Economic Data to Drive Market Sentiment
Global equites were partly muted on Wednesday as traders waits for FED minutes and key economic gauges
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Breaking News
China Maintains Benchmark LPR
People's Bank of China kept benchmark loan prime rate unchanged for 19th straight month