EUR/USD 1.17092
-0.103%
Gold 4339.50
0.156%
Oil 56.513
1.153%
USD/JPY 157.685
1.371%
GBP/USD 1.33734
-0.060%
GBP/JPY 210.883
1.325%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On December 21, the United States intercepted another oil tanker off the coast of Venezuela, which the Venezuelan government called an act of piracy. Jeremy Paner, a partner at the Washington-based law firm Hughes Hubbard and a former investigator with the Office of Foreign Assets Control (OFAC), said the ship was not subject to U.S. sanctions. “The seizure of a vessel not sanctioned by the United States marks a further increase in pressure on Venezuela by Trump,” Paner said. “This also contradicts Trump’s statements that the U.S. will blockade all sanctioned oil tankers.”On December 21, Venezuelan Vice President and Oil Minister Rodríguez condemned the United States for "theft and hijacking" of private vessels carrying Venezuelan oil in international waters on December 20. In a government statement released via social media, Rodríguez stated that this serious act of "piracy" violated international law. He asserted that the colonial model the US government attempted to impose on Venezuela would ultimately fail, and that the Venezuelan government would appeal to the UN Security Council and other multilateral organizations for appropriate action.On December 21, the World Trade Organization (WTO) released its "World Trade Report 2025" on December 20, local time. The report indicates that, with supporting policies in place, artificial intelligence (AI) is expected to increase cross-border trade in goods and services by 34% to 37% and global GDP growth by 12% to 13% by 2040 by improving productivity and reducing trade costs. The report emphasizes the need to bridge the digital infrastructure gap, strengthen skills training, and maintain an open and predictable trading environment to ensure more inclusive growth.According to Business Insider, Apple has advised some employees with visas not to travel outside the United States due to embassy delays.Russian Presidential Special Representative Dmitriev: Russia and the United States are having "constructive" discussions, which will continue in Miami on Sunday.

Asia-Pacific Shares Move Higher as Investors Bet on Fed “Pivot”

Jimmy Khan

Oct 31, 2022 16:01



On Monday, the main Asia-Pacific stock indices were generally up as traders ignored disappointing manufacturing and non-manufacturing statistics from China and turned their attention to the US Federal Reserve meeting later in the week. Traders said that the markets were mostly underpinned by expectations that the Fed will later this week sound less assertive about potential rate rises.


Gains are being reported in Australia, South Korea, Hong Kong, and Japan, although China's equities plummeted as a result of the dismal economic statistics.


The revelation of an electronic visa system for Chinese citizens visiting Macao helped casino companies recover, and Hong Kong's Hang Seng Index increased by 0.89%. According to CNBC, the Shanghai Composite in mainland China was down by 0.03%.

China's factory activity decreased in October, falling short of expectations

Compared to September, China's manufacturing activity decreased in October, according to statistics from the National Bureau of Statistics.


The official manufacturing Purchasing Managers' Index reading of 49.2 fell short of forecasts for a reading of 50, the line dividing monthly expansion from contraction. The PMI score for September was 50.1.


The official non-manufacturing PMI for China registered at 48.7, down from a reading of 50.6 in September.

Suggestion