
Asian Stocks Vary, Economic Slowdown and Inflation Concerns Linger
Concerns over a faltering economy and persistent inflation continued to weigh on the market as Asia-Pacific equities varied on Tuesday morning.
Concerns over a faltering economy and persistent inflation continued to weigh on the market as Asia-Pacific equities varied on Tuesday morning.
H&M, the second-largest fashion retailer in the world, reported a 33 percent increase in profits for March-May, above analysts’ estimates, as shoppers flocked to its stores in the aftermath of the pandemic.
Can stocks be purchased over the weekend? Professional and part-time traders may use the weekend to sharpen their abilities and maximize their gains by trading stocks.
BMW said on Thursday that production has begun at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the manufacturer ramps up production of electric vehicles (EVs).
On Wednesday, it is predicted that European stock markets will open lower, erasing some of the week’s early gains owing to persistent inflation worries and the tightening of monetary policy to combat it.