All posts in Stock Market Updates

The Federal Reserve’s monetary policy committee meets this week, and now comes the hard part for Chairman Jay Powell. It is already drawing criticism for a future recession, even though the central bank has barely tightened policy. We are about to find out if Mr. Powell has the fortitude to make up for the Fed’s big inflationary mistake. *** The economic context of the Open Market Committee is rare and troubling. Inflation has soared while growth is slowing. The central bank is in the strange position of having to raise interest rates on Wednesday, while a day later the Commerce…

Hong Kong-listed Alibaba shares rose as much as 6% on Tuesday after the company said it will file for a dual primary listing in Hong Kong. Kuang Da | Jiemian News | China Visual Group | Getty Images Hong Kong-listed Alibaba shares rose 6% on Tuesday after the Chinese tech giant said it will file for a dual main listing in Hong Kong, before paring some gains. The tech giant’s shares are already listed on the US and Hong Kong stock exchanges, but the current listing in Hong Kong is secondary. The main listing process in Hong Kong is expected…

If you know how important investing is to your future, but aren’t sure which way to go, you may want to get some guidance and direction from a financial professional. But if you’ve never worked with one, what can you expect? Here are some things to look for: Evaluation – A financial advisor will assess your current financial situation (assets, income, debts, etc.), but that’s just the beginning. These days, counselors recognize the need to view their clients’ lives holistically. Consequently, you will see questions like this: What are your feelings about the investment? How would you rate your risk…

The Federal Reserve’s monetary policy committee meets this week, and now comes the hard part for Chairman Jay Powell. It is already drawing criticism for a future recession, even though the central bank has barely tightened policy. We are about to find out if Mr. Powell has the fortitude to make up for the Fed’s big inflationary mistake. *** The economic context of the Open Market Committee is rare and troubling. Inflation has soared while growth is slowing. The central bank is in the strange position of having to raise interest rates on Wednesday, while a day later the Commerce…

SINGAPORE – Shares in Asia-Pacific were mostly higher on Tuesday as South Korea’s gross domestic product beat estimates. The Kospi in South Korea recovered from losses to rise 0.43%, while the Kosdaq gained 0.11%. South Korea’s economy grew by 0.7% in the second quarter compared to the first quarter of 2022, according to estimates released by the Bank of Korea. That compares with 0.4 percent growth expected by analysts in a Reuters poll. The country’s GDP grew by 0.6% in the quarter from January to March. “This morning’s impression actually gives the [Bank of Korea] more room to pursue their…