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Oil Falls More Than 3% in Mixed Asia-Pacific Session; China Manufacturing Activity Data Ahead

The Biden administration is considering releasing 1 million barrels of oil per day from the strategic petroleum reserve for about six months, a source told NBC.

United statesJoe bidenRio tintoFortescue metals groupPurchasing manager indexChina beige bookDow jones industrialNasdaq compositeL 1Co 1Sia marketsSia newsUstralian dollar us fx spot rateBaidu incBhp group ltdBhp au

Australia Stocks Rise as Asia Investors Await China s Official Manufacturing Activity Data for March

China is set to release its official manufacturing Purchasing Managers’ Index for March at 9:30 a.m. HK/SIN on Thursday.

United statesRio tintoFortescue metals groupPurchasing manager indexChina beige bookDow jones industrialNasdaq compositeSia marketsSia newsUstralian dollar us fx spot rateBhp group ltdBhp auReaking news asiaBreaking news marketsXy us dollar currency indexFmg au

Asia-Pacific Stocks Mostly Rise; Shares of Evergrande s Electric Car Unit Plunge More Than 10%

Hong Kong-listed shares of China Evergrande Group’s electric vehicle unit returned to trade on Wednesday.

John kirbyChina evergrande groupPentagon press secretary john kirbyHang sengSouth koreaWall streetDow jones industrial averageNasdaq compositeL 1Co 1333 hk00 hk00708 hk433t jpSia marketsSia news

Asia-Pacific Stocks Mixed as Investors Watch Russia-Ukraine Situation

Hong Kong-listed shares of China Evergrande Group’s electric vehicle unit returned to trade on Wednesday.

United statesJohn kirbyChina evergrande groupPentagon press secretary john kirbySouth koreaWall streetDow jones industrial averageNasdaq compositeL 1Co 1333 hk00 hk00708 hk433t jpSia marketsSia news

Asia-Pacific Markets Up as Investors Watch Oil Price Slump, Yen Weakness

Oil prices slumped overnight on demand concerns arising from a new lockdown in Shanghai, diving more than 8%.

United statesBrian martinRodrigo catrilDaniel hynesNational australia bankSoftbank groupDow jones industrial averageNasdaq compositeL 1Co 11918 hk6758t jp0813 hk9984t jpSia marketsSia news

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