Factory activity data in China missed expectations. Asia Pacific markets are mixed

Bilibili Pop shares in the Asia morning session Hong Kong shares listed Bilibili It figured up 12.7% in Sabah Asia after the company It beat revenue estimates for the third quarter of the year. Net revenue was 5.79 billion yuan ($809.8 million), up 11% from the same period in 2021. Refinitiv Eikon estimated revenue would … Read more

Powell faces political pressure once again as concerns about the economy mount

Jerome Powell, Chairman of the US Federal Reserve, speaks during a federal hearing event in Washington, DC, US, on Friday, September 23, 2022. Drago | Bloomberg | Getty Images Political questioning of the Federal Reserve Chairman Jerome Powell About the central bank’s policy moves are intensifying, this time from the other side of the aisle. … Read more

Opinion: Too much faith in the Fed has been lost. Will she be able to win our trust back?

Editor’s note: Mohamed El-Erian is President of Queen’s College at the University of Cambridge, the Renee Kearns Professor at the Wharton School of Business, a Senior Fellow at the Lauder Institute and an advisor to Allianz and Gramsey. He serves on the boards of Barclays, NPR and Under Armour. The opinions expressed in this comment … Read more