WEU

Stocks make a recovery attempt, trapped by the weakening of the global economy

China’s economy slowed sharply in the second quarter US yields, the dollar fell after the statements of Federal Reserve officials European markets are more stable, focusing on the political crisis in Italy LONDON (Reuters) – Global stocks tried to rally on Friday after four days of losses caused by mounting fears of an economic slowdown, …

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Asian stocks were bruised after US inflation data bolstered recession fears

HONG KONG (Reuters) – Asian stocks suffered on Thursday and the safe-haven dollar was strong as hot US inflation data led to fears the Federal Reserve will raise interest rates more aggressively to slow price increases, which could push the economy into recession. . MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) lost 0.1%, …

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Heat waves batter major cities in China’s Yangtze River Basin

Over 90 red alerts have been issued across China for high temperatures Shanghai issues rare red alerts for the city Grid power load reached a record level in seven provinces and regions BEIJING (Reuters) – Severe heat waves swept through China’s vast Yangtze River basin on Wednesday, pummeling densely populated megacities from Shanghai on the …

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Standard & Poor’s cuts Greenland’s state-backed Chinese property developer into ‘selective default’

A sign of Greenland Holdings Corp. Ltd. Register now to get free unlimited access to Reuters.com Register HONG KONG (Reuters) – Rating agency Standard & Poor’s Global downgraded China’s state-backed Greenland Holdings Inc (600606.SS) on Wednesday to “selective default” after the property developer extended the maturities of its $500 million bond. by one year. Shanghai-based …

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Asian stocks turned lower, without averting recession risks

People pass an electronic screen displaying Japan’s Nikkei stock price index inside a conference hall in Tokyo, Japan, June 14, 2022. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register Asian stock markets: S&P futures lose early gains, Nikkei falls more than 1% The Fed Chairman is expected to give a hawkish …

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