Asia - Spark Newswire

1 minute read

Will Japan’s Easing Of Stablecoin Regulations Boost Cryptocurrency Trading, International Remittances?

Today, 7:29 PM

The Japanese government is reviewing significant cryptocurrency regulations related to the use of stablecoins like Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC), according to a report.

$USDT

2 minute read

China To Open Borders, Drop COVID-19 Restrictions: What You Need To Know

By AJ Fabino

Today, 7:29 PM

China will strike the final blow to its COVID-19 restrictions at the beginning of next year, for both citizens of the country and those traveling to the mainland. What Happened: China will reopen borders and abandon quarantine after it downgrades its treatment of COVID on Jan. 8.

CHIR

2 minute read

Alibaba, Nio Down Nearly 1%: Hang Seng Mirrors Wall Street Weakness Amid Red-Hot Japan Inflation

By Bhavik Nair

Today, 7:29 PM

Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing 0.39%, after U.S.

BABA

2 minute read

Alibaba, Nio Soar: Hang Seng Jumps Over 2% As Wall Street Cheers Upbeat Consumer Confidence Reading

By Bhavik Nair

Today, 7:29 PM

Hong Kong stocks soared in early morning trade on Thursday, with the benchmark Hang Seng rising over 2%, as investors and traders cheered U.S. consumer confidence data surging to an eight-month high in December following a drop in inflation and the labor market remaining strong.

BABA

2 minute read

Alibaba, Nio Rise: Hang Seng Rises On Wall Street Cues, City Chief John Lee Gears Up For Beijing Visit

By Bhavik Nair

Today, 7:29 PM

Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher. The city’s Chief Executive John Lee is set to travel to Beijing from Dec.

BABA

2 minute read

Alibaba, Nio Drop Over 2%: Hang Seng Opens Weaker As Wall Street ‘Santa Claus’ Rally Remains Elusive

By Bhavik Nair

Today, 7:29 PM

Hong Kong stocks opened in the red on Tuesday morning with the benchmark Hang Seng losing 0.93% in morning trade as mounting fears of a recession are overshadowing hopes of a "Santa Claus" rally, generally seen dur

BABA

2 minute read

3 Consumer Staples Stocks Paying Solid Dividends May Protect Your Portfolio During Downturn

By Robert Kuczmarski

Today, 7:29 PM

During times of recession or high inflation, people will still need to purchase everyday necessities such as food, cleaning supplies, and hygiene products.

CLX

1 minute read

Why Fitch Ratings Says Macau’s Gaming Industry Is Likely To See ‘Strong Pent-Up Demand’

By Lisa Levin

Today, 7:29 PM

On CNBC, Colin Mansfield of Fitch Ratings said Macau’s gaming industry is expected to see a "strong level of pent-up demand" amid the lifting of some travel-related covid-19 restrictions.

MLCO

2 minute read

Rich Chinese Individuals Reportedly Cut Down Domestic Holdings, Look At US Markets To Manage Risks At Home

By Bhavik Nair

Today, 7:29 PM

Wealthy Chinese individuals are reportedly cutting down their holdings of local securities and are increasingly considering assets in the U.S.

BABA

2 minute read

Alibaba Up 3%, Nio Down 2%: Hang Seng Opens Higher As China Economic Optimism Outweighs COVID-19 Surge

By Bhavik Nair

Today, 7:29 PM

Hong Kong stocks opened in the green on Monday, with the benchmark Hang Seng rising 0.5% in morning trade on the back of China’s top leaders commenting they will focus on boosting the economy next year.

BABA