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

Foxconn factory workers ‘offered $1400 to leave immediately’ in desperate bid to end rioting – The Telegraph

Foxconn factory workers ‘offered $1,400 to leave immediately’ in desperate bid to end riotingThe Telegraph Foxconn offers to pay workers to leave the world’s largest iPhone factory after violent protestsCNN Violent protests at Apple’s iPhone factory in ChinaBloomberg technology Foxconn admits payment error; offers compensation to those who want to leave; Apple team on site9to5Mac … Read more

Angry protests erupt at Foxconn factory in China amid COVID curbs | DW Business – DW News

Angry protests erupt at Foxconn factory in China amid COVID curbs | DW BusinessDW News Violent protests erupt at Apple’s main iPhone factory in ChinaYahoo Finance Protesting workers beaten at Chinese iPhone factoryThe associated press Gravity | China: Workers beaten up at world’s largest iPhone factoryLIVING China’s iPhone city is closing down urban areas as … Read more