Stocks rose in the Asia-Pacific region as inflation in Tokyo approached a 42-year high

Adani shares fell further for the second straight day of losses Shares of Adani Group companies extended sharp losses for the second consecutive trading session in India after the short selling company Hindenburg made her stand short in conglomerate firms earlier this week. Adani denied the allegations in two separate statements, Jatin Jalondwala, head of … Read more

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holiday

CNBC Pro: These 6 Global Low-Debt Stocks Are Set to Outperform, Bernstein Says Higher interest rates have significant implications for companies with significant debt, as they are likely to face higher costs from increased borrowing. With interest rates still rising, analysts at Bernstein believe stocks with low exposure and high debt quality should outperform. The … Read more

Japanese inflation data, Chinese loan interest rates

Bitcoin falls as Genesis files for Chapter 11 bankruptcy in New York Bitcoin fell nearly 0.5% after cryptocurrency firm Genesis Filed for Chapter 11 bankruptcy in New York. The company has listed 50-99 creditors in a “massive” bankruptcy filing, with total liabilities ranging from $1.2 to $11 billion, according to bankruptcy documents. Genesis is in … Read more

Data, news, stocks, world economic forum and earnings

‘It’s important for us to have a voice’: Hydro CEO says EU should sanction Russian aluminum Hydro Hilde CEO Merete Aasheim discusses the economic impact of the Russian war in Ukraine, renews calls for the European Union to impose sanctions on Russian aluminum and the company’s outlook for 2023. The BBVA chief says CEOs in … Read more

Collapse of Stable Currencies May Spread to US Bond Market: Academic

The $1.4 trillion cryptocurrency market crash in 2022 did not affect traditional assets such as stocks or the real economy. But an academic warned that the failure of a major stablecoin could have an impact on the US bond market, pointing to a potential new area that investors need to watch as contagion continues to … Read more

Trade mixed in Asia Pacific markets as the region kicks off in 2023

“Rough front half, better second half for tech stocks”: Jefferies shares outlook for 2023 Brent Thiel, managing director and chief analyst at investment firm Jefferies, told CNBC that the first half of 2023 will be a “tough setup” for technology stocks.street signs asia” Tuesday. “You still have an economic burden that will hit earnings as … Read more