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EM Stocks Set For Worst Week Since August Amid Mideast Conflict - Vimarsana News

EM Stocks Set For Worst Week Since August Amid Mideast Conflict

(Bloomberg) -- Emerging-market stocks are set to post the biggest weekly losses since mid-August as the escalating conflict in the Middle East diminishes chances of a year-end rally.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Here’s What 8% Mortgage Rates Will Do to the Housing MarketIsrael Latest: Concern Over Wider Conflict Before Leaders SummitRinggit Falls to 25-Year Low, the Wo

Source: yahoo.com
Is China About to Plunge the World Into Recession? - Vimarsana News

Is China About to Plunge the World Into Recession?

On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S.

Gold miners drag down Australian shares; NZ falls 2% - Vimarsana News

Gold miners drag down Australian shares; NZ falls 2%

* Energy stocks finish at highest in 10 months * NZ stocks see worst day in six months, down 2% * NZ central bank looking into data systems breach (Updates to close) Jan 11 (Reuters) - Australian shares settled lower on Monday as cases of highly transmissible new COVID-19 variants dimmed hopes for a quick economic recovery, with gold miners leading the retreat on bullion sell-offs. While New South Wales eased lockdown measures introduced to contain an outbreak in its northern coastal suburbs, health officials said over the weekend that they were on high alert after cases of the new COVID-19 v...