A gauge of global stocks held to a monthly gain of more than 6% amid mixed trading in Asia on Tuesday as investors positioned for interest-rate hikes this week from the Federal Reserve and the European Central Bank.
Hong Kong’s leader dismissed calls for an independent commission to look into the city’s handling of the Covid pandemic.
NATO Secretary-General Jens Stoltenberg is set to meet Japanese Prime Minister Fumio Kishida on an Asian tour that has sparked suspicion in China, which is wary of the group’s efforts to build ties with its neighbors.
This is meant to be the year global inflation retreats back to target. A boost to demand as China exits Covid lockdowns might keep it higher for longer.
Samsung Electronics Co. said it would maintain capital spending this year at about the same level as last year, after profit tumbled on a sharp drop in chip demand.
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