Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong’s Hang Seng Index climbed 1….
Asian shares were mixed Monday. In China the Shanghai Composite Index fell 0.7% and in Hong Kong the Hang Seng Index edged down 0.3% as investors worried that inflation could rise further in the lead-up to Chinese New Year. How…
China’s economy is booming, and Western nations are increasing their demands that its currency be allowed to rise to its natural value. Who knows if that will happen, but if you want to bet that it will, the Bank of China just …
Hong Kong’s Hang Seng Index climbed 2% to 24,145 Wednesday — a two-year high — after Goldman Sachs predicted the index could reach 29,000 in the next year. That, combined with expectations of a new $500 billion round of U.S. …