Asia-Pacific markets lower as geopolitical tensions rise over Pelosi visit; US stocks sn..

Japan -1.30%. China -2.32%. Hong Kong -2.56%. Australia +0.01% The Reserve Bank of Australia hiked rates by 50 basis points after official data last week showed prices in Australia rose 6.1% in the second quarter compared with a year ago. Australian home loans data for June, lower on the month. Australian data – June Building … Read more

Former Huawei smartphone sub-brand Honor said to withdraw team from India amid geopolitical tensions

Chinese smartphone brand Honor, formerly under Huawei Technologies Co, has pulled its team out of India, chief executive Zhao Ming said, as New Delhi continues to tighten its scrutiny of Chinese companies. Honor formed the team a few years ago, but chose to leave for “obvious reasons”, Zhao was quoted as saying during the company’s … Read more

Oil prices rise as tight supply, geopolitical tensions linger

Breadcrumb Trail Links PMN Business Author of the article: Reuters Jeslyn Lerh and Sonali Paul Publishing date: Jul 21, 2022  •  11 minutes ago  •  2 minute read  •  Join the conversation Article content MELBOURNE — Oil prices climbed in Asia trading on Friday, rebounding from previous declines on supply tightness and geopolitical tensions even though … Read more