Asia-Pacific markets trade less; China keeps the LPR steady

Japanese trading houses rise as Berkshire Hathaway is reported to boost its stake Shares of some Japanese trading companies rose early in the Asian session, despite the decline in the region’s markets, after billionaire Warren Buffett’s Berkshire Hathaway boosted his stake in the companies, according to individual regulatory filings. Berkshire increased its share by more … Read more

The Fed’s Bullard says that rate hikes have had “only limited effects” on inflation so far

Louis Federal Reserve Chairman James Bullard said Thursday that the central bank still has a lot of work to do before it gets inflation under control. A voting member of the rate-setting Federal Open Market Committee, Bullard delivered remarks centered on a rules-based approach to policy making. Using criteria set by Stanford University economics professor … Read more

Meituan, Tencent, APEC leaders meet, Japanese trade, unemployment in Australia

NetEase backtracked after Blizzard announced it was suspending its Chinese game services Hong Kong shares listed netease decreased by 13% after Blizzard Entertainment, a subsidiary of Activision Blizzardhe said Suspension of gaming services in Chinaciting expired licensing agreements with NetEase. “We are incredibly grateful for the passion our Chinese community has shown over the nearly … Read more