Asian share markets have taken comfort from China’s support for its property sector but uncertainty remains over the impact of Beijing’s zero-COVID policy.
Asian share markets have rediscovered their appetite for risk after US Fed chair Jerome Powell signalled a slowdown in the bank’s aggressive rate hikes.
US stocks have opened depressed by anti-lockdown protests in China, but losses are being limited by record-breaking Cyber Monday sales from Amazon.
When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky.
Some Republicans on Sunday criticized Donald Trump for dining with white supremacist Nick Fuentes at the former president’s Mar-A-Lago resort in
Florida, even as Trump said the encounter was inadvertent.
Thanksgiving often serves up a feast of new family movies at the box office, but the Walt Disney Co.’s animated offering “ Strange World ” fizzled with audiences out of the gates. The production, which carried a reported $180 million budget, grossed just $18.6 million in ticket sales in its first five days and $11.9 million over the weekend in North American theaters, according to studio estimates Sunday.
Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining C$2.3 billion ($1.7 billion) in spending to boost military and cyber
security in the region and vowed to deal with a “disruptive” China while working with it on climate change and trade issues.
The S&P 500 edged lower Friday. The Dow Jones Industrial Average rose and the Nasdaq fell. Technology stocks were the biggest drags on the broader market. Markets were closed on Thursday for the Thanksgiving holiday and closed at 1 p.m. Eastern Friday.