Chinese developer Shimao Group is facing a liquidation petition by the state-owned China Construction Bank (Asia) over unpaid debts. The bank filed the suit…
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Consumer confidence surveys from Japan and Australia and Taiwan's latest inflation print top the Asia-Pacific calendar on Tuesday, with risk appetite more broadly managing to hold up in the face of U.S. Treasury yields breaking out to new 2024 highs. The 10-year U.S. Treasury yield on Monday rose to 4.464%, the highest since November, yet Wall Street avoided losses and the three major indices ended the day flat. Figures on Tuesday are expected to show that annual inflation in Taiwan cooled last month to 2.51% from 3.08% in February.
A look at the day ahead in Asian
markets. Consumer confidence surveys from Japan and Australia and
Taiwan s latest inflation print top the Asia-Pacific calendar on
Tuesday, with risk. -April 08, 2024 at 05:45 pm EDT
- MarketScreener