Output and new orders expand in October due in part to stronger overseas demand, a key survey shows
The plummeting value of the ailing property giant’s shares dragged the Hang Seng back with traders also worried about rising prices and Fed tapering
Financial services group says 'structural headwinds' and interest rate rises are likely to generate deflationary outcomes.
Banking giants JP Morgan Chase and Morgan Stanley returned strong earnings figures though traders remained distracted by soaring prices and tapering worries.
China coal prices held near record highs on Thursday as cold weather swept into the country's north and power plants stocked up on the fuel to ease its power crunch.
Traders were buoyed by optimism about the long-term recovery but caution was also evident with prices rising and tightening in view
The producer price index (PPI), which measures the cost of goods at the factory gate, rose 10.7% on-year, according to the National Bureau of Statistics.
China's continuing regulatory assault on its tech sector and the ongoing debt woes of Evergrande and many more of the country’s property giants also dampened the mood
Malaysia is getting a boost from liquefied natural gas exports while Australia and Indonesia are benefiting from a spike in coal demand. Nobody is winning from surging oil prices.
Wall Street rallied and Hong Kong and Tokyo followed suit after Washington’s politicians declared a truce, but inflation and energy crunch fears persist.