Asia-Pacific Markets Fall; oil rises 2% on possible OPEC+ supply

Fri 30 Sep 202209:06 EDT CNBC Pro: The five global stocks experiencing the deglobalization trend, according to HSBC New research from HSBC says supply chains, geopolitical tensions and deteriorating financial conditions have forced many global companies to turn “substantially” inward in search of resilient revenues and growth. In a tough economic environment with recessionary pressures, … Read more

These are the top 15 startups to work for in Singapore

The days of easy money for start-ups are over as interest rates rise and economic uncertainties loom. But according to a new study from LinkedIn, these 15 Singapore startups have outperformed these challenges. Fintech, education and telehealth startups in particular dominated the list on the “LinkedIn Top Start-ups 2022” for Singapore. “Financial technology startups feature … Read more

Asian stocks fall after Wall Street slump; Chinese PMI exceeds estimates

Japanese movers: Softbank, Nintendo, Toyota fall Apple suppliers in Asia drop after analyst downgrade China reports better-than-expected factory activity for September China’s official manufacturing purchasing managers’ index grew surprisingly to 50.1 in September, much higher than the 49.6 analysts had forecast in a Reuters poll. The 50 point figure separates growth from contraction. PMI prints … Read more

Asia-Pacific Markets Drop After S&P 500 Closes To New Low For The Year; China Factory Data Ahead – CNBC

Asia-Pacific Markets Drop After S&P 500 Closes To New Low For The Year; China factory data aheadCNBC

India’s startup market has huge potential

India’s startup market is worth betting on, though it’s still “a few years” behind China’s, said Facebook co-founder Eduardo Saverin. During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is putting “a lot of dollars” in India. and think about the long-term success … Read more

Asian Markets Rise, Hang Seng Index Rises 2% on Wall Street Rebound

Shares of EV maker Leapmotor plunge on Hong Kong debut Shares of Chinese electric vehicle manufacturer Leapmotor fell more than 32% from its bid price of 48 Hong Kong dollars ($6.29) per share on its first trading day in the city. Onewo, a subsidiary of real estate developer China Vanke, also began trading in Hong … Read more

Asia-Pacific markets open higher after Wall Street bounces overnight

Chinese central bank warns against betting on yuan The People’s Bank of China has warned against betting on the yuan in both directions following the rapid decline against the US dollar this week. “Don’t bet on a unilateral appreciation or depreciation of the renminbi exchange rate,” the central bank said in a Chinese statement on … Read more

Shares fall, Chinese yuan passes 7.2 against dollar

Ten-year Treasury yields exceed 4% for the first time since 2010 CNBC Pro: Credit Suisse says now is the time to buy two green hydrogen stocks – and give one more than 200% up Credit Suisse says it’s time to enter the green hydrogen sector, with a number of catalysts that will power the clean … Read more

Stocks are ahead of Australian retail sales

Profit questions, possible recession mean more to sell The Dow and S&P 500 have fallen for six straight days, with many of them seeing broad sell-offs typical of so-called “washout” days. That can sometimes be a contrarian buy signal on Wall Street, but many investment professionals are skeptical that the sale is over. One of … Read more

New electric cars in China cost more to insure than fuel-powered cars

In China, new-energy vehicles typically get green number plates – which is often easier for residents to apply for than the blue number plate of a traditional fuel-powered car. Vcg | Visual China Group | Getty Images BEIJING — As Chinese companies produce new electric cars, local insurance companies think they are more expensive to … Read more