Friday, January 21st, 2022

Tag: Asia

Asia stocks mixed as uncertainty surrounding omicron variant lingers

SINGAPORE — Stocks in Asia-Pacific struggled for direction in Thursday trade, as concerns over the economic impact of the omicron Covid variant continue to weigh on investor sentiment. Hong Kong’s Hang Seng index rose...

Shipping container cost from Asia jumped 500%+ since last year, Traeger CEO says

Traeger CEO Jeremy Andrus told CNBC’s Jim Cramer on Monday that rising shipping expenses were a major reason for the grill maker’s declining profit margin in its third quarter. “Bringing a 40-foot container from...

Strategists on investing in Asia junk bonds after Evergrande crisis

High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a...