HANG SENG INDEX (^HSI)
- The Telegraph
Gazprom swings to £5bn loss in blow to Putin
Kremlin-owned natural gas giant Gazprom has plunged to its worst loss in at least 25 years in a blow to Vladimir Putin’s war economy.
- Barrons.com
Hong Kong Stocks Jump and Japanese Yen Remains in Focus
Hong Kong stocks led the way higher in Asian trading on Thursday as markets returned from a midweek holiday, while elsewhere in Asia the Japanese yen remained in focus with the currency at historically weak levels. Hong Kong’s Hang Seng Index jumped 2.5% after trading was on pause on Wednesday. “The top story is renewed speculation that Bank of Japan intervened in foreign exchange markets after the yen spiked by nearly 3% late on in the U.S. session,” said Jim Reid, a strategist at Deutsche Bank.
- Bloomberg
Hong Kong Stocks March Into Bull Market as Global Money Returns
(Bloomberg) -- Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supe
