Fri, January 27, 2023

Asian stocks trading

china, Asia Factory Activity Lackluster on Soft Chinese Demand, PMI

US Charges China’s Huawei of Stealing Trade Secrets

The US Department of Justice has charged Huawei with theft of trade secrets, wire fraud, and obstruction of justice. A 10-count indictment accuses Huawei stole trade secrets from T-Mobile starting in 2012. Huawei  also allegedly offered bonuses to employees who stole confidential information from other companies, particularly US carrier T-Mobile. Additionally, a 13-counti indictment charged …

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asian stocks a man looking at sheet for asian stocks

Asian Stocks Edge Up on Wall Street Strength

Asian stocks inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and concerns about weakening global economic growth kept many investors on the sidelines. Financials spreadbetters expect London’s FTSE, Frankfurt’s DAX, and Paris’s CAC to slip slightly when trade session open, with investors awaiting news …

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The economy of China

Asian Stocks Down on Weak China Data

Asian shares slumped on Friday after China reported a set of weak data, fuelling fresh worries of a slowdown in the world’s second biggest economy and leaving investors fretting over the wider impact of a yet to be solved US-China trade dispute. Read more here!