Bloomberg Business

BOJ’s Ueda Discusses Markets With Kishida Ahead of Jackson Hole

Prime Minister Fumio Kishida and Bank of Japan Governor Kazuo Ueda met Tuesday to discuss financial conditions amid continued yen weakness and a rise in bond yields ahead of a key gathering of central bankers in Jackson Hole later this week.

Half of Hong Kong Stocks Are Oversold as Bear Market Takes Hold

About half of the stocks in Hong Kong’s benchmark index are now oversold as investor sentiment deteriorates amid China’s dismal economic data, deflation fears, and a property market slump that’s now threatening a crisis in the shadow lending sector.

Gloomy Signs Pile Up for China Sportswear Stocks as Anta Reports

China’s sportswear stocks have been in a funk amid the nation’s sluggish consumption recovery. Analysts say earnings results of Anta Sports Products Ltd., one of the industry leaders on the mainland, may do little to lure back investors.

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