Asia-Pacific equities largely lower, Tokyo inflation highest in 40 years; US markets closed

The proposed G-7 price cap may not have any effect on Russia, says Wood Mackenzie The price cap for Russian oil of between $65 and $70 a barrel proposed by the Group of Seven (G7) countries may not be a significant deterrent to Moscow, according to Wood Mackenzie. The planned limit is not expected to … Read more

Asia-Pacific equities largely lower, Tokyo inflation highest in 40 years; US markets closed

Hong Kong Movers: Casinos, Tech Stocks Drop on Rising Numbers of Chinese Businesses Hong Kong-listed shares related to reopening and technology fell during the morning session in Asia following reports of a spate of Covid cases in China. Casino operator shares MGM China fell more than 4%, Wynn Macau lost 2.5%, Sand China fell 3%, … Read more