Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting

Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting


BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)

Vcg | Visual China Group | Getty Images

Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes the U.S. presidential election and Federal Reserve’s monetary policy meeting.

Investors will also closely watch China’s parliament that’s scheduled to kick off on Monday. Chinese authorities are expected to announce more details on fiscal support when the meeting concludes on Friday.

China’s October trade data is due on Thursday after downbeat exports and imports growth in September.

Japan’s markets were closed Monday for a holiday.

South Korea’s blue chip Kospi added 0.14% while the small-cap Kosdaq gained 0.2%.

Futures for Hong Kong’s Hang Seng index stood at 20,490, lower than their Friday close of 20,506.43.

Australia’s S&P/ASX 200 started the day up 0.18%.



Source

Adani investor GQG Partners’ shares see worst day after Gautam Adani’s indictment
World

Adani investor GQG Partners’ shares see worst day after Gautam Adani’s indictment

Rajiv Jain, founder and chief investment officer of GQG Partners, during an interview in New York, US, on Tuesday, April 4, 2023. Christopher Goodney | Bloomberg | Getty Images Shares of Australia-listed GQG Partners plunged on Thursday to post their worst day on record, after Adani Group Chair Gautam Adani was charged with fraud in […]

Read More
Adani Group slams ‘baseless’ New York fraud and bribery charges
World

Adani Group slams ‘baseless’ New York fraud and bribery charges

Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. India needs fossil fuels to serve large populations and getting rid of all fossil fuels instantly would not work for the nation, Adani said. Photographer: Edwin Koo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]

Read More
British regulators will soon announce competition remedies for the multibillion-pound cloud industry
World

British regulators will soon announce competition remedies for the multibillion-pound cloud industry

Ofcom said it received evidence showing Microsoft makes it less attractive for customers to run its Office productivity apps on cloud infrastructure other than Microsoft Azure. Igor Golovniov | Sopa Images | Lightrocket via Getty Images LONDON — Britain’s competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry. […]

Read More