Stocks fall, Xi-Trump-Putin calls, Japan election



Stocks fall, Xi-Trump-Putin calls, Japan election
Hong Kong and Chinese stocks had their worst week in almost three months, as risk appetite crumbles worldwide.
The Hang Seng Index fell 3.3 per cent in Hong Kong and the CSI300 Index lost 1.3 per cent, as both gauges suffered their biggest weekly declines since November. Technology stocks were the biggest fallers in Hong Kong, including chipmaker SMIC, and internet companies Kuaishou, Baidu and Tencent.
The sell-off was part of a global rout, with bitcoin slumping to a 15-month low, gold and…

  • Related Posts

    Why South Korea’s stock market crashed 7.6% as AI fears collide with US inflation

    South Korea’s KOSPI fell 7.57 per cent to a six-month closing low as Samsung Electronics and SK Hynix plunged. Sticky US inflation revived rate-hike fears, while investors questioned whether massive…

    Continue reading
    Bessent pushes World Bank reforms, calls for oil and gas funding

    US Treasury Secretary Scott Bessent urges the World Bank to fund upstream oil and gas projects, support deep-sea mining and reform procurement rules, while calling on the IMF to step…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *